Twenty-five Nobel economists denounce the anti-European program of Marine Le Pen

Twenty-five Nobel Prize winners on Tuesday denounced the “anti-European” and “protectionist” programs of certain presidential candidates, including Marine Le Pen, cautioning against a possible “destabilisation” of France and Europe in a forum published by Le Monde. “Some of us were cited by candidates in the French presidential election, notably by Marine le Pen and her teams, to justify a political program on the question of Europe”, wrote the 25 economists, among whom were the American Robert Solow (Nobel Prize in 1987), the Indian Amartya Sen (1998) and the French Jean…

PM Chahed: Tunisian Economy growing but fragile

Prime Minister Youssef Chahed has assured dismayed Tunisians that the economy is on its path to revival with growth registered in the tourism, a good agricultural season expected while the production of phosphate has also increased. His statement on state television on late Sunday night was in response to the demonstrations led by youths in several cities demanding employment and development. Chahed said the upward trend that the country is experiencing is still fragile and threatened by the inflammatory discourse of some politicians as well as random strikes and protests…

IMF says agrees to disburse Tunisia’s delayed loan instalment

The International Monetary Fund (IMF) has agreed to pay out a $320 million second tranche of Tunisia’s loan programme after talks to agree on the government’s reform priorities, the IMF Tunisia mission chief said on Monday. The portion of the $2.8 billion loan programme was delayed from December because of a lack of progress in reforms to cut public spending and overhaul state finances demanded by Tunisia’s multilateral lenders. The disbursement of the second instalment of the International Monetary Fund (IMF) loan will enable the country to mobilise additional resources…

Tunisia crops under stress after strong growing season

After promising weather conditions during the planting season from mid-October to mid-December, the wheat and barley crop in Tunisia has been suffering heat damage and drought since late February, according to an April 11 report from the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA). Even so, prospects for the country’s wheat and barley crop remain strong, the agency said. “Grain and feed crops benefited from favorable conditions during the seeding period (mid-October to mid-December) and into the early growing season but became hampered in March by…