Morocco and Mauritania have made a first step towards an electric interconnection between the two countries under the preliminary agreement they signed on Thursday in Rabat. The deal was signed by Moroccan energy minister Leila Benali in Rabat and her Mauritanian counterpart Mohamed Ould Khaled. Under the same agreement, the two parties shall cooperate to […]
Algeria’s culture minister Meriem Merdaci announced her resignation following a deadly stampede at a concert in Algiers in which five people died and dozens were injured. The resignation was accepted by Algeria’s interim president Abdelkader Bensalah after the accident that highlights Algeria’s lack of experience in smoothly managing crowds. An investigation has been […]
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 […]
