Month: September 2011

By Ahmed A. Namatalla and Mahmoud Kassem Bank lending to Morocco rose at the fastest pace in the Arab world as the kingdom steers clear of political turmoil that toppled regimes in Libya, Tunisia and Egypt. International loans...

By Mahmoud Kassem (Bloomberg)Morocco plans to lower its budget deficit next year to 4 percent of gross domestic product and the economy is expected to grow 4.8 percent, Reuters reported, citing an official document outlining the...

World corn production will be lower in the year through June 2012 than forecast a month ago after the outlook for the U.S. crop was cut, theInternational Grains Council said. Global corn output in 2011-12 will be 845.2 million...

By Rudy Ruitenberg (Bloomberg) Grain loadings for export from the French port of Rouen, Europe’s biggest cereal-shipping hub, rose 38 percent in the seven days through yesterday as wheat shipments to Algeria climbed. Outbound...

(See {GMEET <GO>} for more on the G-20 meeting.) Sept. 22 (Bloomberg) — The world is on the eve of the next financial crisis, with sovereign debt its epicenter, said Mohamed El-Erian, chief executive officer of...