Moroccan company becomes first African firm to fill orders for mpox tests
Four months ago, when the World Health Organization declared mpox a global emergency, Moroccan biotech firm Moldiag began developing testing
The immediate financial effects of Donald Trump's election win included a surge in U.S. stocks, a stronger U.S. dollar, and higher Treasury yields.
While these developments were generally negative for emerging markets—leading to declines in currencies and equities across many regions—J.P. Morgan foresees a more favorable outlook for emerging market equities in the Middle East and North Africa (MENA).
According to a report from Reuters, analysts led by J.P. Morgan Equity Strategist David Aserkoff highlight the resilience of dollar-pegged MENA markets compared to their counterparts in other emerging markets reliant on fluctuating foreign exchange rates.
They identify MENA as the "clear winner" among emerging markets in the CEEMEA region (Central and Eastern Europe, Middle East, and Africa), citing the absence of a significant manufacturing sector. In contrast, Chinese equities are deemed the most at risk under Trump’s policies.
One of the key risks is Trump’s plan to impose 60% tariffs on Chinese imports, which could exacerbate trade tensions and strain markets heavily dependent on exports.
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