Business & Economy Bound

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...

Morocco applies for $5 bil IMF loan, likely to get the loanF

On 6 March 2023, the International Monetary Fund’s (IMF) Executive Board met in an informal session to consider a request from Morocco for a two-year loan arrangement under the IMF’s Flexible Credit Line (FCL). The amount under consideration is US$ 5 billion. The...

Tunisia: World Bank suspends new lending to Tunisia after President Saied issued racist commentsF

By Paul Raymond: The World Bank has effectively suspended new lending to cash-strapped Tunisia after President Kais Saied sparked accusations of racism with incendiary comments against sub-Saharan African migrants. Migrants from sub-Saharan Africa have faced a wave of...

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