King Mohammed VI President Macron April 10 2018

Egypt Turns to Libyan Oil Amid Gulf Supply Disruptions

Egypt is moving to secure alternative energy supplies by negotiating imports of Libyan crude, as disruptions in Gulf shipments strain its refining capacity. Officials said, on Sunday March 29, Egypt is seeking to import at least one million barrels of oil per month from Libya, with talks underway between the National Oil Corporation and the […]

Morocco’s economy proves resilient amid global and domestic shocks

Morocco’s economy continues to demonstrate remarkable resilience in the face of persistent global and domestic challenges. From prolonged droughts to geopolitical tensions and supply chain disruptions, the Kingdom has managed to stay on course, thanks to strategic reforms, economic diversification, and a stable macroeconomic framework. Historically reliant on rainfall and agriculture, Morocco is steadily reducing […]

The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]