S&A Retired Bound

It’s a big political year worldwide. Many countries have already experienced or will have elections this year, and North Africa is no exception. While serious ideological changes seem to occur in Europe, and uncertainty looms in the US with two aging candidates and...

By Arezki Daoud | LinkedIn | Egypt has many powerful allies, including those in the global financial sector. No one wants to see it collapse, so money is flowing in a-go-go. Despite a dismal economic performance, global rating agencies, which acknowledge that Egypt is...

Morocco’s wheat harvest this year is likely to fall below 2.5 million tons due to a debilitating and lasting drought that has affected much of the country. To put it into perspective, during the wet season, output can reach up to 10 million tons, according to Bloomberg. Industry analysts warn that grain production in Morocco this year will drop by 39% compared to the 2023’s harvest of 4.2 million tons.

In the second week of June 2024, far-right parties across the EU made significant gains in the European Parliament elections. In France, the National Rally led by Marine Le Pen secured nearly a third of the votes, forcing President Emmanuel Macron to dissolve the National Assembly and call for snap elections. Far-right gains affected most major European nations, such as Germany and Italy. In contrast, the Green parties suffered significant losses, which as seeing their influence in Germany and other countries wane.