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Moroccan Gas Price Increase Sparks Public Outcry Amid Subsidy Cuts

A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......

Morocco’s Fiscal Challenges: Budget Deficit Climbs to MAD 35.2 Billion

Rising Government Spending Overshadows Revenue Gains As of July 2024, Morocco's budget deficit has expanded to MAD 35.2 billion ($3.56 billion), up from MAD 27.7 billion ($2.8 billion) in the same period last year, according to the Treasury General of the Kingdom (TGR). The deficit includes a positive......

Yunus Claims That He will Turn the Students' Aspirations for Bangladesh Into Reality

In a surprising development, Muhammad Yunus, the 84-year-old Nobel Peace Prize laureate, has taken the helm of Bangladesh's interim government following the resignation of Prime Minister Sheikh Hasina amidst months of intense student protests. Yunus, renowned for his pioneering work in microfinance,......

Morocco Faces Escalating Meat Prices Amid Drought and Supply Chain Challenges

Morocco is currently experiencing a severe meat crisis, with the cost of beef and lamb soaring above 100 MAD, leaving many citizens struggling to afford these essential foods. This significant price hike, ongoing for nearly two years, has sparked widespread public discontent and placed immense pressure......

Tunisian Political Shift: Kamel Madouri Steps into Prime Minister Role

In a surprising political maneuver, Tunisian President Kais Saied has appointed Kamel Madouri as the new Prime Minister, following the dismissal of Ahmed Hachani. This unexpected announcement was made late Wednesday, leaving many to speculate about the implications for Tunisia's government and its......

Moroccan Government Approves SRM Casablanca-Settat’s Full Acquisition of Lydec

In a highly anticipated move, the Moroccan government has officially authorized the Société Régionale Multiservices (SRM) Casablanca-Settat to acquire 100% of Veolia’s shares in the utility company Lydec S.A. This significant development was formalized through Decree 2.24.737,......

Muhammad Yunus Lands in Bangladesh To Assume the Role of Interim Leader

In a dramatic turn of events, Nobel laureate Muhammad Yunus has returned to Bangladesh to assume the role of interim leader, following a period of intense political turmoil that culminated in the resignation of long-standing Prime Minister Sheikh Hasina. Yunus's arrival at Dhaka's Hazrat Shahjalal......

Tunisian Political Landscape Shifts as President Saied Dismisses Prime Minister

In a sudden turn of events that has sent ripples through Tunisia's political sphere, President Kais Saied has abruptly removed Prime Minister Ahmed Hachani from office. The presidential office made the announcement late Wednesday, appointing Social Affairs Minister Kamel Madouri as Hachani's......

Catalan Separatist Figure Carles Puigdemont Declares His intention to Return to Spain by Thursday

In a bold and potentially game-changing move, former Catalan president Carles Puigdemont has declared his intention to return to Spain by Thursday, setting the stage for a high-stakes confrontation with Spanish authorities. The announcement, made via social media on Wednesday, has sent shockwaves through......