Skip to main content

Featured

Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....
Post a Comment
Read more

article

Labels

Tragedy in Fes: Building Collapse Claims 19 Lives

Emergency personnel search for victims in the rubble of two collapsed buildings in the Al Massira area of Fes late on December 9, 2025.  


At least 19 people were killed and 16 others injured after two residential buildings collapsed in Morocco’s historic city of Fes on Wednesday.

The four-storey structures, located in the Al-Mustaqbal neighborhood, were home to eight families. Local reports indicated that children were among the victims, intensifying national grief. Rescue teams and civil protection units rushed to the scene, while videos shared online showed frantic efforts to pull survivors from the rubble.

The injured were transported to the University Hospital Centre in Fes for treatment. Authorities evacuated the surrounding area as search operations continued, though the cause of the collapse remains unclear.

This disaster has renewed concerns over unsafe housing and ageing infrastructure in Moroccan cities. Fes has witnessed similar tragedies before, including a fatal collapse in 2024 that killed five people. The incident comes just weeks before Morocco is set to host the Africa Cup of Nations (AFCON), with Fes among the tournament’s venues.

Officials have launched an investigation, while residents mourn the loss of families caught in the collapse. The tragedy underscores the urgent need for stronger housing safety measures in Morocco’s urban centers.

Labels:

Comments

Post a Comment