simulated terror attack on stadium

Morocco’s Central Bank expects economy to shrink -5.2%, cuts rates to release liquidity

Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to 0% to release more liquidity. The Bank revised downwards its forecasts for 2020 to -5.2%, the lowest rate since 1996, compared with 2.5% in 2019, as the coronavirus impact and […]

Libya: List of candidates for the transitional executive unveiled

The 75 delegates of the Libyan Political Dialogue Forum pre-selected on Saturday the candidates for the posts of Prime Minister and members of the presidential council after nearly three months of talks. The UN Mission in Libya, UNSMIL, has published the list of the candidates for the four main executive positions; namely the three Presidency […]

Egypt: US froze military aid over Cairo’s secret arms deal from North Korea

Washington in August froze $300 million military aid to Cairo after US intelligence intercepted a shipment of 30,000 grenades from North Korea to Egypt under an apparent secret deal violating international sanctions against the rogue state, reports suggest. The Trump administration unexpectedly put halt to the money citing the North African country’s poor human right […]