Khiam

Morocco obtains IMF flexible credit line worth $4.5 bln

The IMF has approved a flexible credit line worth $4.5 billion to help Morocco cushion against external shocks. The two-year arrangement will be treated by Moroccan authorities as precautionary, the IMF said in a statement. “The Moroccan economy has shown a sustained track record of implementing very strong policies and remarkable resilience to recent shocks, […]

Algeria’s presidency in denial as Morocco-Nigeria pipeline progresses

Algeria’s president had nothing but words to attack the transatlantic pipeline that will connect Nigeria to Morocco, benefiting 13 other West African states. Speaking at an interview with sycophant state-sponsored media, Tebboune said the trans-Saharian pipeline was an “economic project” that would connect Nigeria to Algeria to “serve Europe.” Tebboune made the comment amid worsening […]

UN: Washington urges Algerian regime to change its behavior, source of tension in the region

The United States has demanded the Algerian regime to change its behavior in the region during the meeting held lately in New York between U.S. Under Secretary for Political Affairs John Bass and Algerian foreign minister Ahmed Attaf. According to a diplomatic source at the U.S. State Department cited by press reports, the meeting, which […]