Moody’s Ratings has revised Morocco’s “Ba1” rating outlook for its long-term foreign and local currency debt from “stable” to “positive,” according to the Ministry of Economy and Finance. In its assessment report, Moody’s emphasizes that the “positive outlook” reflects the gradual improvement in Morocco’s economic and fiscal strength, which is likely to further reinforce its […]
Tunisia’s largest political party, Ennahdha, named Wednesday Mondher Lounissi as the new chairman of the Islamist movement in the absence of incumbent leader Rached Ghannouchi detained since April 17 on several charges. The executive committee of the party held a meeting Wednesday to take stock of the recent developments that hit the movement. Ghannouchi, the […]
Algeria is a tinderbox waiting to implode in light of the existence of a dangerous mix of economic instability, radical Islamism and growing youth unrest, which make the north African country on the brink of a new revolt, US magazine, the National Review, wrote on its website. In an article entitled, “Will the Next Arab […]
