US Secretary of state Antony blinken

Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact

The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]

War in Ukraine will not affect Morocco’s wheat supply

The war in Ukraine will not affect Morocco’s wheat supply but will have an impact on prices, said government spokesman Mustapha Baitas. Morocco has a diversified wheat basket with Russia and Ukraine representing 25% and 11% of Moroccan supplies respectively, he said. Morocco does not import hard wheat from the two Black Sea markets, he […]

Morocco strengthens defense capabilities with $260 million Javelin missile purchase

Morocco continues its military modernization drive with U.S. Defense Department’s approval for a $260 million acquisition of 612 FGM-148F Javelin anti-tank missiles and 200 portable launchers, reinforcing the kingdom’s defense capabilities amid regional security challenges. The U.S. Department of Defense authorized the transaction on May 31, 2025, following preliminary approval from the Defense Security Cooperation […]