A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]
Morocco’s government has introduced comprehensive reforms to its traffic accident compensation system, addressing longstanding criticism regarding complexity and processing delays. Justice Minister Abdellatif Ouahbi’s proposed legislation modernizes protection mechanisms for accident victims through expanded beneficiary categories and improved calculation methods. Current statistics highlight reform urgency: 2024 recorded approximately 655,360 declared accidents with insurance companies, including […]
The Foreign Ministers of several countries who took part in the 2nd Ministerial Conference on Peacekeeping in a Francophone Environments hosted by Rabat this week held on the sidelines of the conference talks with their Moroccan peer Nasser Bourita. These officials have joined their voices to the chorus of countries which have affirmed or reaffirmed […]
