Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]
The United Arab Emirates (UAE) has banned Sudanese aircraft from landing at its airports, a move Sudan’s Civil Aviation Authority described as “surprising” and deeply disruptive to travel plans for its citizens. The UAE also blocked a Sudanese flight from departing Abu Dhabi, escalating already fraught relations between the two nations. The flight ban marks […]
The newly elected British Prime Minister, Keir Starmer, has said he is scrapping his predecessor’s controversial policy to deport asylum-seekers to Rwanda, describing the scheme “dead and buried before it started”. On his first full day as a Prime Minister, Starmer announced that the Rwandan deportation scheme will be nullified, noting that it was expensive […]
