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Imported inflation behind surge of foodstuff, fuel prices in Morocco – Central Bank

Morocco’s central bank revised upwards its inflation figures for 2021 to 1.4% from 1.2% due in part to a surge in foodstuff and fuel prices in the international market. Though inflation is expected to remain under control, the central bank said it plans an inflation targeting as it continues currency reforms, yet without giving a […]

African Union welcomes Somalia-Ethiopia deal to ‘restore, enhance’ ties after year-long-rift

The African Union (AU) mission in Somalia has welcomed a recent agreement between Somalia and Ethiopia to restore and enhance bilateral ties, marking a significant step in easing recent diplomatic tensions between the two Horn of Africa nations. Somalia severed relations with neighboring Ethiopia in protest over a sea access agreement the latter signed with […]

Laurent-Graciet Case: French Appeal Court Turns Down Defendants’ Pleas

A French appeal court has turned down the pleas submitted by two French blackmailers, journalists Eric Laurent and Catherine Graciet, requesting the magistrates to discard the audio and video recordings showing them in full extortion acts. The case of the two French journalists who attempted to blackmail Morocco and King Mohammed VI broke out last […]