European bank for Reconstruction & Development

US-led Coalition Intensifies Airstrikes Against Isis

Warplanes of member countries of the international military coalition led by the United States have stepped up airstrikes and firepower against Islamic State (Isis) positions in the Kurdish Syrian city of Kobani, near the Turkish borders. Embattled Kurdish fighters are trying their best to push back Isis militants who are equipped with modern weaponry and […]

Financial inclusion: IMF Managing Director cites Morocco’s strategy as example

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, cited, on Saturday in Marrakech, Morocco’s financial inclusion strategy as an example of a “comprehensive” strategy reflecting the Moroccan government’s determination. “To accelerate the process of financial inclusion, governments need to show more determination by putting in place comprehensive national strategies like the Moroccan financial […]

Libya intercepts 741 migrants in one week, IOM reports

The International Organization for Migration (IOM) says 741 migrants were returned to Libya between May 10 and 16 after being intercepted at sea, while attempting to cross to Europe. According to the IOM, the migrants were disembarked in several Libyan coastal cities, but details about their nationalities and ages were not disclosed. The Agency noted […]