Briefing Sunday April 1 2018

US, Somalia conduct airstrike against Al-Shabab militants in Adan Yabaal

An airstrike has been carried out by the US and Somali Forces against Islamist militants during a battle for control of the strategic central town of Adan Yabaal, located north of Mogadishu. The Government reported that the strike was “well-coordinated” and targeted al-Shabab group, which had recently raided the town. Adan Yabaal has been a […]

Morocco rules out drawing on IMF credit line, eyes gradual currency reform

Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]

Israel Officially Recognizes Morocco’s Sovereignty Over Western Sahara

The state of Israel has just announced its recognition of Morocco’s sovereignty over the Western Sahara region. The decision comes as many countries continue to cement their support for Morocco’s territorial integrity through recognition or the opening of representations in Moroccan southern provinces. A statement from the Moroccan royal cabinet said King Mohammed VI received […]