North African drought threatens efforts to cut spending, boost growth
By Aziz El Yaakoubi RABAT (Reuters) - Abnormally dry weather across North Africa is threatening to become another financial headache for Morocco and neighbouring Tunisia and Algeria, just as each seeks to spur more economic growth and cut public spending. Rising food import costs would come at a delicate time, as Morocco faces protests over austerity measures, Tunisia struggles to ease an outburst of unrest over joblessness, and Algeria cuts spending after a collapse in oil prices. Along with Eg
Read more »