The global economic outlook is “darkening”, the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the “commodity price shocks” it has caused among the main reasons. The IMF plans to publish later this month “a further downgrade” to its growth forecasts “for both 2022 and 2023”, […]
The Royal Moroccan Air Force has started modernizing its military transport fleet in the United States to boost the Kingdom’s tactical airlift, logistical support, and operational readiness. A 2nd Moroccan C-130H aircraft has arrived lately at the L3Harris Technologies facility at Waco Airport in Texas for upgrade. L3Harris Technologies had won a contract to upgrade […]
The International Monetary Fund warned Algeria that its economy is weakening, urging authorities to tighten fiscal policy, avoid printing money to finance government deficits and stand ready to tighten monetary policy if inflation persists. The unusually stark warning came in the IMF’s 2026 Article IV consultation, which said rising oil and gas prices were helping […]
