Mauritania, IFM reach $253m loan agreement to curb climate adverse effects

The International Monetary Fund (IMF) will provide Mauritania $253 million in credit facility to help the country mitigate adverse effects of climate change, saharamedias website reports following an agreement between the two sides. The loan will be disbursed in line with the IMF’s resilience and sustainability program designed for the country over the next three […]

A whole town’s stock trading blocked by a hurricane

For the first time in 27 years, the New York stock exchange market closed due to extreme weather conditions.  During these last few days the proximity of Hurricane Sandy to this economical center of the US has been known. Many roads were blocked and thousands of residents were told to evacuate. But the decision to […]

Will Algerian regime respond to Morocco’s fraternal calls to mend ties?

Morocco’s king has made a sincere call to the Algerian president to work together to improve relations and open borders, underlining the close ties between the two brotherly peoples whom he described as twins. But will the rulers of Algeria respond to this call? In a speech marking the Throne Day, King Mohammed VI reiterated […]