The Arab Monetary Fund has arranged a $127 million credit facility for Morocco to help the North African nation deal with rising food prices. "The amount of the loan contributes to helping the Kingdom of Morocco confront urgent economic conditions, including the increasing value of imported agricultural products," the fund, a regional Arab body with 22 member states, said in a statement. It did not give details of the loan, but said it would bring its total lending to Morocco so far to $1.46 billion. More from Arabian Business US President Barack Obama has urged global leaders to rally against extremism in an address to the UN General Assembly in New York. Mr Obama said it was the obligation of all leaders to speak out forcefully against violence and extremism, as he framed his speech with references to the US ambassador murdered in Libya. Unrest across the Middle East is
