Following a recent string of military coups, retaliatory sanctions, and withdrawal of its member states, it became clear that the Economic Community of West African States (ECOWAS) lacks authority, legitimacy, and effective sanction and intervention instruments, and thus, as observers warn, it must either reform or decline. Once considered Africa’s most institutionally developed regional organization, […]
The International Monetary Fund has reaffirmed Morocco’s continued qualification for the Precautionary and Liquidity Line (PLL) Arrangement after a first review of its executive board. The two-year PLL arrangement for Morocco in the amount of SDR 2.504 billion (about US$3.42 billion) was approved by the IMF’s Executive Board in July 2016. After completing a first […]
Israeli Premier Benjamin Netanyahu Tuesday agreed that peace between Palestinians and Israelis can only be achieved if both parties agree to talk and accept the two-state solution. “Peace won’t come through UN Security Council resolutions but through direct negotiations between the parties. The best formula for achieving peace remains two states for two peoples in […]
