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Economic boom in Tangier leaves few winners and many losers | Business| Economy and finance news from a German perspective | DW

Economic boom in Tangier leaves a few winners and many losers Business in the Moroccan city has remained surprisingly robust in the pandemic due to its location at the nexus of global trade routes. But many locals have seen incomes fall as tourism struggles. The Port of Tanger Med is a crucial lifeline for Morocco s economy during the pandemic Anass Bouzid has long held the dream of emigrating to Germany. He d love to go to Frankfurt, because the German financial hub is where some of his family live, he told DW. The 25-year-old Moroccan wouldn t have much to leave behind, he said, as he has been jobless for quite a while.

Suez Canal: Owner of wedged container ship apologises

Suez Canal: Owner of wedged container ship apologises
euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.

UK exit from EU: Spain and UK in last-ditch talks to bring Gibraltar into Schengen Area | Brexit

Spain and the United Kingdom are racing to reach a deal to save residents of Gibraltar, as well as Spaniards who work in the British Overseas Territory, from having to cross a European Union external border twice a day when the Brexit transition period ends on January 1. RELATED NEWS Parties are “negotiating fiercely,” according to a source with ties to Gibraltar, which is located in the south of the Iberian peninsula, bordering the Spanish province of Cádiz. If talks are successful, Gibraltar would become part of the Schengen Area, an alliance of European countries that have abolished border controls. The British territory was not a part of this passport-free space even when the UK was still a member of the EU.

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