2019 Index of Economic Freedom

Senegal’s Faye pushes for dialogue, calls for easing tensions between ECOWAS and AES

Senegalese president Bassirou Diomaye Faye said he has stepped up his efforts to foster reconciliation with Burkina Faso, Niger, and Mali following their withdrawal from the Economic Community of West African States (ECOWAS), adding that he is making progress with each of these nations. After leaving ECOWAS in January, citing lack of support for combating […]

Brazilian Senators, Deputies plead for enhanced partnership with Morocco

A group of around fifty Brazilian Deputies and Senators have pleaded for an enhancement of the strategic partnership between Brazil and Morocco, while expressing satisfaction with the “remarkable” progress in political and economic relations between the two countries. The plea came in a motion signed by 37 Senators and 14 Federal Deputies and addressed to […]

Egypt loses 70% of Suez Canal revenue due to Gaza war – IMF

The ongoing Gaza conflict has severely affected Egypt’s economy, leading to a sharp 70 percent drop in Suez Canal revenues Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said. In an interview with Youm7, Georgieva acknowledged Egypt’s commitment to advancing crucial economic reforms despite the challenges posed by regional instability. Georgieva announced plans […]