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Sanctions-hit Iran to cut zeros and rename plunging currency

The government in sanctions-hit Iran on Wednesday approved a plan to remove zeros from the rial and rename the currency -- something its people have long been doing to simplify transactions. "The cabinet today agreed on a bill to eliminate four zeros from the currency and that 'toman' will...

Morocco king marks 20 years with loyalty pledge

Celebrations of King Mohammed VI's 20 years on the throne culminate Wednesday with the annual pledge of allegiance to Morocco's monarchy after a series of opulent banquets and a major speech. Hundreds of dignitaries and senior officials are expected to attend the ceremony at the royal...