The International Organization for Migration (IOM) reported on Monday March 10 that 563 migrants were intercepted off the Libyan coast between March 2 and 8. The migrants, including 43 women and 12 children, were returned to Libya, with one migrant’s body recovered during the operation. The IOM’s statement highlighted the ongoing dangers faced by migrants […]
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 […]
Morocco’s exports of phosphates and derivatives doubled in the first quarter of 2022 reaching $2.4 billion against $1.3 billion reported same period last year. According to latest data published by Moroccan Exchange Control Office, the positive financial results achieved by the state-owned phosphate OCP group are due to fertilizers’ higher prices which surged from $296 […]
