Moroccan Government Announces General Wage Boost for Public Workers

Students attend a class at Mohammed VI Institute for training Imams in Rabat, Morocco April 16, 2019. REUTERS/Youssef Boudlal
Students attend a class at Mohammed VI Institute for training Imams in Rabat, Morocco April 16, 2019. REUTERS/Youssef Boudlal
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Moroccan Government Announces General Wage Boost for Public Workers

Students attend a class at Mohammed VI Institute for training Imams in Rabat, Morocco April 16, 2019. REUTERS/Youssef Boudlal
Students attend a class at Mohammed VI Institute for training Imams in Rabat, Morocco April 16, 2019. REUTERS/Youssef Boudlal

The Moroccan government has announced upping wages for nearly 800,000 state body and public administration employees over the next three years. The boost, estimated at $700 million, will work to reinforce the political and social stability of the kingdom.

The announcement was made after the government, three trade unions and the General Confederation of Enterprises of Morocco (CGEM) signed an agreement to not only increase wages, but also social benefits in the country.

Addressing the deal’s signatories, Moroccan Prime Minister Saad Eddine El Othmani said the agreement affects minimum wages, social protection payments, and trade union freedoms.

Dubbing the deal as vital, Othmani noted that it “will contribute to laying the foundations for social peace, improving social conditions and strengthening the national economy through establishing a sound economic and social environment.”

The agreement will be effective from 2019 to 2021. Depending on the employee’s position, wages will increase by up to MAD 400 or 500 ($42 or $52) per month, starting at MAD 200 ($20) per month on May 1, 2019.

Othmani indicated this would involve total spending of MAD 2.5 billion ($260 million) during 2019, and up to MAD 7 billion ($724 million) in 2021.

The agreement will establish a new minimum wage for national education sector employees. This is expected to benefit more than 24,000 employees, with a government spending of over MAD 200 million (roughly $21,000).

The government will also increase the minimum wage in the private sector (industry, trade, services, and the agricultural sector) by 10% over two years, with a 5% increase taking effect in July 2019 and a further 5% increase in July 2020.

The agreement also stipulates an increase in family benefits for public and private sector workers. Family compensation will increase by MAD 100 ($10.35) per child, for up to three children, from 1 July 2019, tweeted Moroccan television channel 2M.

“The Government is committed to mobilizing the necessary financial resources to cover the costs of this agreement,” Othmani reasserted.



Shipping Traffic Through Strait of Hormuz Rises Slightly, Data Shows

Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 26, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 26, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
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Shipping Traffic Through Strait of Hormuz Rises Slightly, Data Shows

Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 26, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 26, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Shipping ‌traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the waterway, data showed on Thursday.

Visible commodity vessel transits at Hormuz totaled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This remained ‌below a ‌10-day moving average of ‌about ⁠15 vessels.

Two medium-range fuel ⁠tankers, a liquefied petroleum gas carrier, a Panamax-sized tanker, and three handymax-sized tankers entered the strait from the Gulf of Oman.

A medium-range fuel tanker, a bitumen tanker and a bulk carrier exited ⁠the waterway from the Gulf.

Iran ‌and Oman are ‌still working on the details of an agreement ‌on the Strait of Hormuz, a ‌senior Iranian source said on Wednesday, after Iran's Revolutionary Guards said the two countries had agreed how to share the waterway and ‌its revenue.

Meanwhile, traffic slowed for a second day at the ⁠other ⁠key waterway of the Bab el-Mandeb strait.

A total of 19 commodity vessels passed through Bab el-Mandeb on Wednesday, with six tankers that exited, including a very large crude carrier, down from 24 on the previous day, the Kpler data showed.

Some vessels may be sailing at the key waterways with their transponders turned off and may be missed in the counts.


More Sudanese Oil Available for Marine Fuel Blending as China Demand Eases

File photo of the Heglig oil field in southern Kordofan, Sudan (Reuters)
File photo of the Heglig oil field in southern Kordofan, Sudan (Reuters)
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More Sudanese Oil Available for Marine Fuel Blending as China Demand Eases

File photo of the Heglig oil field in southern Kordofan, Sudan (Reuters)
File photo of the Heglig oil field in southern Kordofan, Sudan (Reuters)

More barrels of ‌South Sudan's Dar Blend crude oil returned to the marine fuel blending pool in Singapore and Malaysia this month as demand from China's refining sector eased, according to market sources and shipping data.

The rise in Sudanese oil imports added to other arbitrage supply, putting pressure on Singapore's low-sulphur fuel oil market towards the end of the month, said Reuters.

Earlier this year, Dar Blend was diverted away from the conventional marine fuel blending outlets to some of China's refineries, market sources said, after the US-Iran war disrupted heavy crude supply from the Middle East.

About ‌1.7 million barrels ‌of Dar Blend arrived in Singapore and Malaysia ‌in ⁠August, up for ⁠a third consecutive month, Kpler data showed.

China received no volume in August, the data showed, after importing Dar Blend every month between March and July.

"With incremental crude availability and choice, (China's) demand for additional barrels of heavy-sweet crudes like Dar has eased," said Emril Jamil, a senior oil research manager at commodities data firm Kpler.

Dar Blend is a ⁠heavy-sweet crude that can be used to blend or ‌produce low-sulphur fuel oil with ‌maximum 0.5% sulphur content used in powering ships.

The barrels are highly coveted due ‌to limited availability of heavy-sweet crude that can be used ‌to derive low-sulphur marine fuel that meets emission specifications.

"More Dar returning to the bunker blending pool pressured the low-sulphur market although tight availability of cutters and blendstocks should limit the downside," said Jamil, referring to fuel blending components ‌used for reducing viscosity and sulphur content to meet marine fuel specifications.

Spot differentials for Singapore 0.5% low-sulphur fuel ⁠oil have fallen ⁠to a month's low this week, Reuters data showed.

Sudan has been exporting about 2.6 million barrels of Dar Blend per month this year, up from a monthly average of 1.9 million barrels in 2025, Kpler data showed. The oil mainly loads from Sudan's Bashair port located in the Red Sea.

Dar Blend crude lifters include BB Energy, BGN and PetroChina, according to market sources and shipping fixtures data.

Dar Blend exports resumed in February 2025 after a supply hiatus of nearly a year following a pipeline rupture in 2024. Before this, Dar barrels mostly headed to the United Arab Emirates for the Fujairah bunker hub, as well as Singapore and Malaysia.


Trump: ‘Time to Teach Canada You Can’t Do This Anymore’

US President Donald Trump speaks as he hosts a back-to-school-themed event to highlight his administration's education policies, in the Rose Garden at the White House in Washington, DC, US, August 24, 2026. (Reuters)
US President Donald Trump speaks as he hosts a back-to-school-themed event to highlight his administration's education policies, in the Rose Garden at the White House in Washington, DC, US, August 24, 2026. (Reuters)
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Trump: ‘Time to Teach Canada You Can’t Do This Anymore’

US President Donald Trump speaks as he hosts a back-to-school-themed event to highlight his administration's education policies, in the Rose Garden at the White House in Washington, DC, US, August 24, 2026. (Reuters)
US President Donald Trump speaks as he hosts a back-to-school-themed event to highlight his administration's education policies, in the Rose Garden at the White House in Washington, DC, US, August 24, 2026. (Reuters)

US President Donald Trump said on Wednesday that it was "time to teach Canada you can't do this anymore," just days after trade talks between the neighboring countries broke down.

"I had a deal, that was a pretty good deal, you know, quite good," Trump told Glenn Beck in an interview.

"They don't have anything that we have to have, okay, we can get by. I mean, there ‌are a ‌couple of things that would make it ‌a ⁠little inconvenient, but we ⁠can get them elsewhere. And it's time to teach Canada you can't do this anymore."

Trump imposed new 50% tariffs on $20 billion of Canadian imports on Saturday after talks between the two countries collapsed.

Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of US annual imports ⁠and rolled out aid for businesses and workers, ‌matching Washington's latest duties dollar for ‌dollar.

They take effect on September 8.

Trump also announced 50% ‌tariffs on Canadian autos and parts that will take effect ‌on January 1.

Canada has said that the US refused to extend tariff relief to medium- and heavy-duty vehicles as one reason it did not reach an agreement.

The Canadian Embassy in Washington ‌did not immediately comment on Wednesday.

White House adviser Peter Navarro predicted on Wednesday that the deal ⁠Canada ⁠will ultimately strike with the US will be worse than what was offered last week.

"It just is not going to end well for Canada and I predict that the deal you got, that you turned your nose up, you're never going to get that deal again," Navarro said on C-SPAN. "Whatever you get is going to be less than that."

Navarro added that the US deal offered to Canada "made me uncomfortable" given how advantageous he thought it was for the US' northern neighbor.

"There's no way economically they should have turned it down," Navarro said.