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Morocco heads towards new tourism revenue, remittances record in 2024
In the first ten months this year, tourism revenue and remittances from Moroccans abroad steadily increased on the way to break last year’s record. Tourism revenue grew to $9.7 billion, while remittances from Moroccans living abroad reached nearly $1 billion, auguring well for the country’s foreign exchange reserves, currently covering 5.5 months of import needs. […]
UN Resoundingly Rejects Trump’s Declaration of Jerusalem Capital of Israel
A decisive vote in the UN General Assembly has further isolated the US in the international community. The vote of 128 against nine, with 35 abstentions and 21 countries not voting, has been received in Washington as a stinging rebuke for Trump and a rejection of his unilateral declaration of Jerusalem as a capital of […]
Algeria’s economy in the red after oil price drop
Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]



