The World Bank has announced a $350 million programme to support wide-ranging reforms of financial intermediation in Morocco.The operation supports new sources of financing for small and medium enterprises (SMEs) while improving the regulatory oversight of the banking sector.The operation also supports capital market development by broadening the range of instruments and strengthening the protection of Moroccan investors. Finally, it addresses the financial...
After Huge Global Cyberattack, Countries Scramble to Halt Spread of Ransomware
International May 14, 2017 Britain's health care system and much of Europe were back on track Saturday after a crippling worldwide cyber-extortion attack was stymied — purportedly all thanks to a cybersecurity researcher who bought a website for $10.69. The researcher, who identifies himself online as MalwareTech, noticed that the malicious software that caused Friday afternoon's attack consistently pinged an unregistered web domain. So he bought the...
ONE OF the last dinosaurs living in Africa before their extinction 66 million years ago has been discovered in a phosphate mine in northern Morocco. The scientist who made the discovery likened it to winning the lottery as the new species – Chenanisaurus barbaricus – is so rare. The dinosaur is a smaller African contemporary of the North American T. rex. While the...
Rabat- Moroccan police have arrested six people on suspicion of belonging to the ISIS terrorist organization in the cities and towns of Casablanca, Tangier, Tetouan, Marrakesh and Safi. The preliminary investigation found that the suspects have promoted for ISIS and vowed to carry out terrorist attacks in Morocco, the interior ministry announced on Wednesday. Some of the detainees with ties to militants in...
Projected results give the French election to the leader of En Marche! by 65.5% to 34.5%. Centrist candidate Emmanuel Macron has decisively won the French presidential election, projected results say. Mr Macron defeated far-right candidate Marine Le Pen by about 65.5% to 34.5% to become, at 39, the country's youngest president, the results show. Mr Macron will also become the first president from...
In the immortal words of Robert Palmer, “you know you're gonna have to face it, you're addicted to love.” Though he probably meant it as a metaphor, scientists from Oxford University claim love addiction is, in fact, a real thing. After reviewing 64 studies on love and addiction between 1956 and 2016, the researchers not only point out the obvious similarities in the symptoms of...