Keywords: Recovery
European Commissioner for Neighborhood and Enlargement, Oliver Varhelyi, arrived in Morocco on Monday for a pivotal visit aimed at strengthening bilateral ties and advancing key development initiatives. Varhelyi’s mission is underscored by a €190 million funding agreement signed with Morocco’s......
Morocco and the European Union (EU) have signed a €190 million (approximately 2 billion MAD) financing agreement aimed at accelerating the recovery of areas devastated by the 2023 Al Haouz earthquake. The deal, formalized in Rabat by Morocco’s Minister Delegate for the Budget, Fouzi Lekjaa,......
The International Monetary Fund (IMF) has approved the second review of Sri Lanka's $2.9 billion bailout package, marking a crucial step for the island nation’s recovery. Despite signs of stabilization, the global lender cautioned that Sri Lanka’s economic outlook remains fragile and......
In Medan, North Sumatra, Indonesia, Halimah Nasution once enjoyed a comfortable life with her husband, Agus Saputra. Their wedding, graduation, and birthday rental business provided a stable monthly income of about 30 million rupiahs ($1,917), placing them in the upper tier of Indonesia’s middle......
In the wake of the devastating DANA disaster, the Spanish government has launched an ambitious emergency response plan amounting to €10.6 billion, aimed at providing immediate relief to affected citizens, businesses, and local institutions. President Pedro Sánchez emphasized the urgency of......
A catastrophic weather event has struck the province of Valencia, resulting in at least 95 fatalities, including four children, and leaving dozens missing. The torrential rains, described as the worst in decades, have led to severe flooding, trapping individuals in vehicles, homes, and workplaces throughout......
In a heartfelt address from La Moncloa, Spanish Prime Minister Pedro Sánchez expressed deep condolences for the victims of the recent catastrophic floods, known as "dana," which have tragically claimed 64 lives in Valencia and one in Cuenca. He pledged to mobilize "all necessary......
In the wake of Hurricane Helene, North Carolina lawmakers have approved nearly $900 million in disaster relief, a figure that is expected to rise as the full extent of the damage becomes clear. The state legislature unanimously passed an additional $604 million on Thursday, supplementing the previously......
The European Investment Bank (EIB) has strengthened its long-standing partnership with Morocco by providing a significant €1 billion loan package. This marks a notable expansion of the EIB's nearly €10 billion investment in the country since 1979. EIB Vice President Ioannis Tsakiris outlined......
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