world-cup

AfDB: Morocco’s Economic Growth to Increase to 3.9 in 2021

The African Development Bank (AfDB) expects Morocco’s economic growth to reach 3.7 pc in 2020 and 3.9 pc in 2021 from a 2.9 pc growth posted last year. In its African Economic Outlook 2020 report, the African bank says the projected GDP in Morocco is supported by the sustained efforts made to improve macroeconomic conditions […]

S&P Downgrades Senegal’s Credit Rating from B- to CCC+ Amid Persistent Default Risks

Standard & Poor’s has downgraded again the credit rating of Senegal from B- to CCC+, deepening the country’s position in junk territory amid the $ 7 billion hidden debt scandal and the $ 747 million borrowed secretly by Dakar through Total Return Swaps (TRS) to keep up appearance and hide its alarming financial situation. The […]

Iran, Repeated Offender, Cited in a Foiled Attack in France

Not a week goes by without our reading in the news that Iran is involved, directly or indirectly, in a terrorist plot, not only in its area of influence but also in far away countries. The most recent such plot was planned in France against an exiled Iranian opposition group which was holding over the […]