morocco-rissana-gas exploration

Morocco braces for deepening budget, trade deficits on back of global economic uncertainties

The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]

Morocco-Spain rift: Rabat takes note of appearance of Polisario leader in court as “an evolution”, but says this is not the root base of crisis

The appearance, Tuesday June 1, of the leader of the separatists Brahim Ghali before the Spanish National High Court (Audiencia Nacional) is, of course, an “evolution” of which Morocco takes note, but it “does not, however, constitute the root cause of the serious crisis” between the two neighboring countries, said the Moroccan Foreign Ministry. “First, […]

Laurent-Graciet Case: French Appeal Court Admits Incriminating Evidences

French appeal court of Reims ruled this Thursday that the evidences provided by lawyers of King Mohammed VI of Morocco against two French blackmailers, journalists Eric Laurent and Catherine Graciet, are admissible and thus will be taken into consideration in the legal proceedings. The ruling upholds a prior decision issued by the Court of appeal […]