Japanese sumitomo

US treasury secretary on 11-day African tour to counter China inroads

US Treasury Secretary Janet Yellen started Wednesday an 11-day trip to Africa, aimed at deepening economic ties on the continent where China has become a key player. Yellen’s travel to Senegal, Zambia and South Africa comes after a detour to Switzerland where she was to meet Chinese Vice Premier Liu He on macroeconomic issues. The […]

Morocco’s Contest over Price and Size of Bread

Morocco’s bakers have decided to halt the planned increase in bread prices following the pending talks with government. The Moroccan Federation of Bakers and Patissiers (FBPM) agreed that for now the prices of 10-30 centimeter loaves of bread are going to stay the same. The envisaged price increase should have concerned about 15,000 bakeries. According […]

King Receives Newly Appointed Ambassadors to Morocco

King Mohammed VI received, on Thursday at the Royal Palace in Rabat, newly appointed ambassadors to Morocco. The Diplomats handed the Monarch their credentials as plenipotentiary and extraordinary ambassadors of their countries in the Kingdom. The Monarch thus received Ambassador of the Vatican, Monsignor Alfred Xuereb, Ambassador of India Sanjay Rana; Ambassador of Japan, Nakata […]