World briefing · 13 November 2026
Morocco Secures BAD Loan; Iran Faces Hormuz Explosion
Morocco's €434 million loan boosts reforms, while Iran's Hormuz explosion disrupts logistics and energy sectors.
The picture
Deteriorating 9 · Stable 8 · Improving 6 · Mixed 12 (35 countries) · How this is judged →
Morocco's business environment improves with a €434 million loan from the African Development Bank, supporting economic reforms and financial stability. In contrast, Iran faces deteriorating conditions as a gas carrier explosion in the Strait of Hormuz disrupts trade routes, impacting logistics and energy sectors. These developments highlight significant shifts in regional business dynamics.
Regulatory risk
Morocco secures €434 million loan from BAD
Impact Public-sector reformers and energy investors gain support from the €434 million BAD loan.
Sources: La Vie Eco ↗, Aujourdhui ↗, Telquel ↗, yabiladi.com ↗
Senate approves Lula's R$60 billion fiscal plan
Impact Public finance managers and investors in government bonds see a shift in fiscal policy aiming to stabilize debt levels.
Sources: O Globo ↗, Folha de S.Paulo ↗
Lebanon Unveils Comprehensive Electricity Plan
Impact Energy suppliers and infrastructure developers will see new opportunities as Lebanon shifts to natural gas and renewables.
Sources: An-Nahar النهار ↗, Leb Economy ↗
South Korea maintains fuel price caps amid tensions
Impact Fuel importers and distributors in South Korea will continue to operate under the current price cap regime, maintaining cost predictability.
Sources: The Korea Herald ↗, Korea.net ↗
EU agrees on more free emissions certificates
Impact Manufacturers and energy companies in the EU will benefit from reduced emissions costs, aiding financial stability.
Sources: ARD Tagesschau ↗, ZEIT ↗
Senegal's Interior Ministry budget rejected by commission
Impact Public-sector operations and security initiatives face potential funding shortfalls due to the budget rejection.
Sources: Senenews ↗, Senego ↗
Marlaska alters police protocols amid strike tensions
Impact Public-sector operations may see changes in crowd control measures, affecting strike management and public safety.
Sources: La Razon ↗, LaVanguardia.com ↗
Operational risk
Gas carrier explodes in Hormuz after hitting mine
Impact Logistics and energy sectors face increased risks and potential delays due to the explosion in Hormuz.
Sources: Mehr News Economy ↗, IRNA - Islamic Republic News Agency ↗
Safety & health risk
Sewage crisis in Ibb threatens public health
Impact Residents and agricultural producers in Ibb face health risks and potential crop contamination due to untreated sewage.
Sources: hshd.net ↗
Political risk
Dutch cabinet crisis over tax plan intensifies
Impact The Dutch government's instability over tax issues affects fiscal policy and public-sector operations.
Sources: Telegraaf.nl ↗, NOS.nl ↗
Each headline links to the story in its country briefing, where every source is linked.
Countries published today
- Argentina: Route Privatizations Expand; Airport Strikes Loom Mixed
- Brazil: Lula's Fiscal Plan Passes, CSN Reports Loss Stable
- Canada: Canada-Philippines Trade Deal, Alberta Oilsands Incentives Improving
- China: Beijing Tax Rule Hits HK Insurance, FAA Grounds US Flights Mixed
- Colombia: Grupo Argos Restructures, Cali Police Attack Mixed
- Egypt: Egypt Leverages Red Sea Assets, EU Digital Milestone Improving
- France: Microsoft Outage, Social Unrest, Agricultural Plan
- Germany: Microsoft Outage, EU Emission Relief, German Insolvencies Mixed
- India: Microsoft Outage Hits India, Air India Suspends Flights
- Indonesia: IHSG Soars, Pesing Flyover Closure, New Flight Route Stable
- Iran: Hormuz Explosion, Tehran Footwear Crisis
- Iraq: Iraq-Germany Financial Talks, Microsoft Outage Stable
- Israel: Eisenkot's Knesset Moves, Arkia Sale Dispute Mixed
- Italy: Italy's Budget Adjustments and Gas Price Cap Improving
- Japan: US Flight Grounding, Nvidia Chip Scrutiny, SmartNews Layoffs
- Jordan: Jordanian Airspace Alert, Drug Smuggling Foiled Stable
- Kenya: AI Legal Framework Ordered, Microsoft Outage Hits Mixed
- Lebanon: Lebanon's New Power Plan, IMF Talks Progress Improving
- Malaysia: Microsoft 365 Outage; Selangor Floods Addressed Mixed
- Mexico: FAA Grounds Flights, Microsoft Outage Hits Firms
- Morocco: Morocco Secures BAD Loan, OCP Repays Bond Improving
- Netherlands: Microsoft Outage Hits Dutch Offices, Cabinet Crisis Deepens
- Nigeria: Port Harcourt Airport Concession, NAFDAC Seizes Chemicals Stable
- Poland: Tusk's Urgent Appeal, Nawrocki's Veto, Microsoft Outage Mixed
- Portugal: Microsoft Outage Hits Portugal, Fuel Prices Drop Mixed
- Russia: Euroclear Asset Risks, Microsoft Outage Hits Russia Mixed
- Senegal: Senegal Budget Standoff, Interior Ministry Budget Rejected
- South Africa: Microsoft Outage Hits SA, Citrus Exports Decline
- South Korea: Fuel Price Caps Hold, Import Prices Drop Again Stable
- Spain: Microsoft Outage, Inflation Steady, Police Protocols Stable
- Syria: Dollar Stabilizes, Polio Campaign Expands, Gold Tied to USD Stable
- Turkey: Turkey-Qatar Deals, Inflation Expectations Rise Mixed
- United States: Microsoft Outage, Fed Rate Hike Pressure Mixed
- Vietnam: Vietnam's Trade Surges, Law Amendments Adopted Improving
- Yemen: US Halts Flights; Sewage Crisis in Ibb