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Memorable World Cup run bolsters Morocco’s clout

“Trailblazer”, “a record-breaker” and “watermark” these are the words used by the New York Times to describe Morocco’s unparalleled run in the World Cup as international media and millions of people around the world express admiration for the prowess of the North African team that reflects an image of a country that is willing to […]

Morocco to Launch Gradual Dirham Float on January 15

The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]

France starts withdrawal from Chad as longstanding military presence winds down

French military forces have begun pulling out of Chad, marking the end of a long era of defense cooperation in the region. The withdrawal process, which started with the departure of two Mirage fighter jets, follows Chad’s sudden decision to terminate its defense agreement with Paris. Although details about the timetable and the fate of […]