OECD
The Global Economy Shows Resilience in 2025 The global economy has proven to be resilient this year, but factors of fragility still exist, according to the Organization for Economic Co-operation and Development (OECD). In the latest edition of its "Economic Outlook," the OECD estimates that global growth should slow down, from 3.2% in 2025 to 2.9% in 2026, before rising to 3.1% in 2027. In the euro zone, growth is expected to be 1.3% in 2025, 1.2% in 2026, and 1.4% in 2027. In G20 economies, annual inflation is expected to moderate, reaching 2.9% in 2026 and 2.5% in 2027, compared to 3.4% this year, according to the same source, which estimates that by mid-2027, inflation should return to target levels in most major economies. "Given the fragilities of the global economy, countries must redouble their efforts to engage in constructive dialogue to ensure a lasting dissipation of trade tensions and a reduction in uncertainty related to public action," said OECD Secretary-General Mathias Cormann, presenting the report. Convinced that budget discipline is "important for addressing the growing risks induced by the high level of public debt and the increasing needs for defense and demographic aging expenditures," he emphasized the need "to implement structural reforms aimed at simplifying administrative procedures, simplifying regulations, and reducing barriers to entry in the services sector to strengthen competition, innovation, and business dynamics, and ultimately improve living standards in a sustainable way." The report also notes that global trade growth slowed down in the second quarter. Additionally, signs of weakening labor demand are emerging, as the number of vacant jobs has fallen back to the level it was at in 2019, before the pandemic.
Tourism
Morocco Reaches a New Milestone Morocco welcomed 18 million tourists during the first eleven months of 2025, a historic level that already exceeds the total for the entire year 2024, with more than 600,000 additional tourists, according to the Ministry of Tourism, Handicrafts, and Social and Solidarity Economy. This exceptional performance confirms the dynamics of the sector, with a 13.5% increase compared to the same period last year. This new record illustrates the relevance of the strategic investments made under the 2023-2026 Roadmap, including the strengthening of air connectivity, international promotion, and the enrichment and diversification of the tourist product.
COP 30
Disappointing Results The results of COP 30 have led a senior United Nations official to wonder if they could be considered ecocide, even a crime against humanity, if stronger actions are not taken quickly. Volker Türk, United Nations High Commissioner for Human Rights, commented on the disappointing results of the 30th United Nations Climate Conference in Belem, Brazil (COP 30). This agreement, in a situation of climate emergency, illustrates, according to him, the existing imbalances between the fossil fuel industry, which generates colossal profits, and hundreds of communities and countries that are victims of damage caused by climate disruption. This year, scientific studies on systemic risks highlighted an aggravation of trends. The Stockholm Resilience Centre states that seven of the nine planetary boundaries have already been exceeded, which increases the risks of biodiversity collapse, climate instability, and water disruptions.
Spain
Public Aid for the Purchase of Electric Vehicles in 2026 The Spanish government has recently announced the implementation of a plan with 400 million euros in direct subsidies for the purchase of electric vehicles in 2026, in order to support demand in this strategic sector for the country. In addition, 300 million euros will be allocated to the installation of charging points in areas that still lack them, indicates the Spanish government, which wants to make electric cars both competitive in the market and affordable for households. Brussels plans to ban the sale of new gasoline or diesel cars from 2035, despite resistance from some manufacturers and a lack of infrastructure to generalize electric vehicles in the European Union. In Spain, the 400 million euro envelope will be managed "directly by the central government and not by the autonomous communities," the government specifies during the presentation of the "Spain Auto 2030" plan. With the European Union's goal of banning thermal cars within ten years, Spain, the second-largest car manufacturer in Europe after Germany and exporting 90% of its production, faces a "colossal challenge," the government recalls. "If, in just three decades, we have managed to produce most of our electricity from renewable sources, why can't we make sure that by 2050, almost all vehicles on our roads are electric?"
