Souhail's Feed
Nov 26, 2011

Morocco Islamists poised to win parliamentary vote

RABAT (Reuters) – Morocco’s moderate Islamist PJD party is on course to win a parliamentary election, partial results showed on Saturday, in what would be the second victory for Islamists in the region in the wake of the “Arab Spring” uprisings.

Incomplete results from Friday’s vote indicate that the PJD will lead a coalition government in partnership with the secularist party of the outgoing prime minister and two other groups.

Nov 26, 2011

Moderate Islamists claim Moroccan election win

RABAT (Reuters) – Morocco’s Justice and Development Party (PJD) claimed victory on Saturday in a parliamentary election that should produce a stronger government after King Mohammed ceded some powers to prevent any spillover from Arab Spring uprisings.

The PJD, which finds its support largely among Morocco’s poor, would be the second moderate Islamist party to lead a North African government since the start of the region’s Arab Spring uprisings, following Tunisia.

Nov 25, 2011

Morocco votes in test of king’s reform drive

RABAT (Reuters) – Moroccans voted in a parliamentary election on Friday that could yield their most representative government ever after King Mohammed ceded some powers to prevent any tumultuous spillover of Arab Spring uprisings.

The election will be a litmus test of the ability of Arab monarchies to craft gradual reforms that would placate popular yearning for greater democracy without violence-ridden revolts of the sort seen in Tunisia, Libya, Egypt and Syria this year.

Nov 24, 2011

Gulf states court cash-strapped Morocco with investment

RABAT, Nov 24 (Reuters) – Sovereign wealth funds from
Qatar and Kuwait led pledges on Thursday to invest almost $3
billion in cash-strapped Morocco, cementing ties between Arab
monarchies at a time of political turmoil in the region.

Qatar’s sovereign wealth fund and the Moroccan state agreed
to establish a 50-50 investment joint venture worth $2 billion
that aims to help Rabat fund major development projects, a
statement from the Moroccan government said.

Nov 24, 2011

Morocco election tests depth of king’s reforms

RABAT (Reuters) – A parliamentary election on Friday could produce Morocco’s most representative government to date after King Mohammed responded to Arab Spring uprisings by giving up some of his powers, but many Moroccans doubt the vote will bring profound change.

The election will be closely watched as a test case for the ability of Arab monarchies to craft gradual reforms that satisfy demands for greater democracy without revolts of the kinds seen in Tunisia, Libya, Egypt and Syria.

Nov 20, 2011

Thousands of Moroccans call for election boycott

TANGIER, Morocco (Reuters) – Thousands of Moroccans protested in cities across the country on Sunday calling for a boycott of a parliamentary election later this week which they say will not be truly democratic.

The November 25 vote is a test of reforms made by Morocco’s ruler, King Mohammed, to try to defuse pressure for change in the Arab world’s longest-serving dynasty in the wake of uprisings this year across the Middle East.

Nov 20, 2011

Nigeria’s central bank: naira at desired stability

TANGIER, Morocco (Reuters) – Nigeria’s central bank has reached the desired degree of stability for the country’s naira currency and does not have a cause to be concerned over inflation due mostly to recent stability in its core components, Governor Lamido Sanusi said on Saturday.

Speaking before the bank’s monetary policy committee meets next week, Sanusi told Reuters that the bank may reduce its exposure to the euro and buy renminbi.

Nov 17, 2011

Arab League ratchets up pressure on Syria’s Assad

RABAT (Reuters) – The Arab League has moved a step closer to imposing economic sanctions on Syria while army defectors took the armed struggle against President Bashar al-Assad to a new level by attacking an intelligence complex on the edge of Damascus.

Further intensifying the international pressure on Assad to end his repression of eight months of protests, France withdrew its ambassador from Syria and Foreign Minister Alain Juppe said Paris was working with the Arab League on a draft U.N. resolution.

Nov 16, 2011

Arab League steps up pressure on Syria

RABAT (Reuters) – The Arab League moved a step closer to imposing economic sanctions on Syria on Wednesday and signaled it was running out of patience with President Bashar al-Assad’s failure to halt an eight-month-old crackdown on protests.

Syrian army defectors attacked an intelligence complex on the edge of Damascus in a high-profile assault that showed how close the popular uprising against Assad’s rule now is to sliding into armed conflict.

Nov 13, 2011

Morocco Islamists seek to follow Tunisia’s example

RABAT (Reuters) – Morocco’s moderate Islamists believe they can win an election this month, buoyed by the resurgence of Islamists in the region since the “Arab Spring” uprisings, but predict opponents will use fraud to try to keep them out of power.

The November 25 parliamentary election is a test of the commitment by Morocco’s ruler, King Mohammed, to respond to the uprisings by moving the kingdom closer to democracy and ceding some of his powers to elected officials.