Electroplast

U.S. imposes sanctions on Algerian entity for its ties with terrorist-labelled organization Hamas

The United States has imposed sanctions on Algerian NGO Al Baraka over its ties with Hamas and financial support provided to its terrorist activities. Hamas has been designated by the U.S. foreign terrorist organization. “El Baraka, based in Algeria, diverted funds intended for humanitarian causes to fund Hamas. As President of El Baraka, Ahmed Brahimi […]

Africa’s ‘conflict corridor’ from Mali to Somalia doubles in size in three years, new report warns

Conflicts in Ukraine, in the Middle East, but particularly across Africa, have expanded the conflict-affected areas across the world by 65% since 2021 to encompass 4.6% of the entire global landmass, up from 2.8% three years ago, according to the latest Conflict Intensity Index (CII), published by risk analysts Verisk Maplecroft. Myanmar, flashpoints in the […]

Morocco deficit to hold near 3%, debt seen falling despite global tensions- Bloomberg

Morocco expects to steadily reduce its public debt over the rest of the decade as economic growth strengthens and the budget deficit remains contained, despite pressures from global geopolitical tensions, a senior finance official told Bloomberg. Public debt is forecast to fall to about 60% of gross domestic product by 2030 from roughly 67% at […]