Energy and food imports alongside a growing trade deficit put pressure on Morocco’s foreign currency reserves. The Office des Changes (OC) published its monthly newsletter in early June, indicating a sharp rise in both exports and imports. The newsletter shows that remittances and phosphates were the leading sources of foreign …

The Turkish government’s latest loan restriction may help the embattled lira recover to some extent, but not without the risk of damaging side effects. Desperate against galloping inflation but bent on keeping interest rates low, Turkey’s government has turned to interventionist measures akin to capital controls to bolster the embattled …

Israel’s political landscape will shift dramatically over the next few weeks, as the US president is set to visit. Yair Lapid is scheduled to take over from Naftali Bennett as Israeli prime minister next week under a complex job-sharing agreement. It’s an open question whether Lapid intends to maintain Bennett’s …