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New PRO Memo: Maghreb inflation will continue to undercut wages, feed social discontent

Inflation has the potential to trigger large-scale social instability in Morocco, Algeria and Tunisia, disrupting governments and business activity.
Moroccans raise placards as they gather in front of parliament in the capital Rabat to protest against rising prices, on February 20, 2022. (Photo by AFP) (Photo by STR/AFP via Getty Images)

In our latest PRO memo, Francisco Serrano evaluates how Morocco, Algeria and Tunisia are responding to soaring global inflation and outlines the potential outcomes and their impact on prices. Hint: The war in Ukraine has a lot to do with it.

In case you missed it, Gerald Kepes discusses the next phase of commercially developing the Eastern Mediterranean Sea's rich natural gas fields. It will be incredibly complicated given the interplay of geology, regional politics, and energy markets, and Egypt has an important role in all of these issues.

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