Moroccan-elite-unit

Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]

After France, Russia warns Haftar against resumption of hostilities in Libya

Foreign Minister Sergey Lavrov, at a press conference in Moscow following a meeting with his Libyan counterpart, Mohamed Siala, promised to give them maximum support for the peace efforts under way in Libya. During the press conference Lavrov warned against resumption of hostilities in Libya, referring to a recent call to war by east-based strongman […]

Sahara: Honduras Joins Countries Withdrawing Recognition of So-Called “SADR”

Honduras has decided to suspend its recognition of self-proclaimed “SADR”, dealing another blow to the Algerian regime and its Polisario proxy separatist group as the UN Security Council is preparing to hold meetings on the Sahara. In a letter sent Wednesday to Moroccan FM Nasser Bourita, Honduras top diplomat described the move as a “sovereign […]