Soft wheat

Morocco seeks more Turkish investments to compensate trade deficit

Morocco is reportedly seeking a re-negotiation of its free trade agreement with Turkey as it seeks more Turkish investments to compensate for an expanding trade deficit, minister delegate in charge of foreign trade Omar Hjira said. The trade deficit with Turkey soared to 3 billion dollars, driven by fabric imports by Morocco’s textile sector. The […]

Tanzania central bank to sell dollars to commercial bank amid liquidity crisis

Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure adequate foreign currency liquidity in the market. In addition, it intends to ensure customers’ demands for foreign currency are met through licensed financial institutions at the prevailing market prices,” the […]

Yemen: Security Council arms embargo an aggression, Houthis

An arms embargo targeting the Houthi Movement and sanctions on Ahmed Saleh, the former president’s son and former head of Yemen’s elite Republican Guard, has been approved by the U.N Security Council. The resolution was condemned by the Houthi-led Supreme Revolutionary Committee in Sana’a as an “aggression.” It was drafted by Jordan, current president of […]