Protests in Algeria

Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar

The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council’s decision to dismiss Central Bank Governor Al-Siddik al-Kabir over a month ago. The Council’s move to appoint a new Governor and Management Committee has intensified divisions within the country, as this authority lies with Parliament and the […]

Morocco’s trade deficit eases 12% in May

Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% drop in imports to $17 billion from January to May came as a result of a fall in all imports except cereals, the agency said. Exports however dwindled 20% to […]

Israel: Netanyahu tries damage control, US to reconsider support  

White House has hinted that it could change its policy in the Israeli-Palestinian conflict after Netanyahu ruled out a two-state solution. Although Netanyahu has tried to soften his remarks after winning the elections, Washington said it has to “see what sort of policy and priorities the prime minister chooses” in his new government. On Thursday, […]