Andean Parliament

MENA: Obama assures GCC on provocative Iran

President Obama has shown his support for an independent sovereign Palestinian state as he scolded Iran for its dangerous and destabilizing policies in the Middle East. The U.S president stated that sectarianism is affecting Middle Eastern countries. He was speaking to Saudi-owned Asharq Al-Awsat ahead of the summit with GCC leaders. Obama said the summit […]

Morocco expects threefold increase in Chinese arrivals by 2027

Morocco has launched a charm offensive to increase threefold the number of visitors from China, Morocco’s tourism promotion office ONMT said. Morocco has recently won the “China Ready” label as it invests in services tailored to the needs and expectations of Chinese tourists, ONMT said in a statement. Annually, some 150 million tourists travel abroad […]

Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018

Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]