nil-dams-talks

U.S. imposes sanctions on Sudan over alleged use of chemical weapons against civilians

The United States has officially imposed sweeping sanctions on Sudan’s government, following a determination by the State Department that the regime used chemical weapons against its own citizens in violation of international law. The sanctions, which came into effect on Friday, June 27, were published in the U.S. Federal Register and enacted under the 1991 […]

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]

Sudan: Ex-leader Bashir sentenced for corruption

A court in Sudan last weekend convicted former President Omar al-Bashir on corruption charges and sentenced him to a two-year detention in a reform facility. Dressed in traditional white robes and a turban, Bashir watched silently from inside a metal defendant’s cage while the judge read out the verdict on Saturday. Al-Bashir ruled Sudan for […]