Business & Economy Bound

Tunisia: UGTT union chief rejects talks with IMF in fear of tough austerity measuresF

Tunisia's largest union on Monday attacked the government's handling of negotiations with the IMF on a loan to bail out the North African country as it slides deeper into debt. Tunisia is seeking a bailout package worth nearly $2 billion from the International...

Morocco: Despite being an agricultural powerhouse, Morocco is experiencing soaring food pricesF

By Ismail Bellaouali: Soaring inflation in Morocco is driving up living costs and stirring public anger, and as food prices increase the country's export-led agricultural model is coming under fire. On April 8, protesters gathered outside parliament in the capital...

Tunisia: Growing concern in Washington over Tunisia’s political and economic strugglesF

US Secretary of State Antony Blinken warned Wednesday that Tunisia urgently needs to reach a deal with the IMF, adding to dire EU warnings about the country's future. "The most critical thing they can do on the economic side is actually get an IMF agreement," Blinken...

European Union’s foreign policy chief emphasizes energy in relation with AlgeriaF

The European Union's foreign policy chief Josep Borrell called Monday during a visit to Algeria for stronger energy cooperation with Africa's top gas exporter as well as enhanced security ties. About "90 percent of Algerian gas exports go to Europe, and we know we can...

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