The primary purpose of Xi Jinping’s three-day visit to Hungary might be to ensure that Hungary can help China gain market share in the EU, as Beijing and Budapest prepare…
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AfricaBusinessEconomyFeaturedGlobal NewsLibyaNews
Oil Minister: Libya recovered $2.4 billion from state financial dues in oil sector
The Minister of Oil and Gas, Mohammed Oun, said that Libya recovered about $2.4 billion from state dues in the oil sector and royalties from foreign companies seized by the…
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Protesters shut down Libya’s Sharara oilfield over development demands
by Deepak Mirzaby Deepak MirzaLocal protests have forced a full shutdown of production at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day, two engineers told Reuters on Wednesday. A video…
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Misplaced Enthusiasm About A BRICS Currency
by Prasad Bandaby Prasad BandaToronto, Atlanta (10/11 – 50) As recently as the early 1980s, central bankers around the world could be heard moaning and groaning about having to hold physical gold reserves to…
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AsiaBusinessCrimeDefenceEconomyFeaturedGlobal NewsGovernmentNational SecurityNewsPoliticsSri LankaWorld News
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…
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Tajikistan Journalist, Mamadshoeva Sentenced To 21 Years In Prison
Brussels (25/11 – 33.3) Tajikistan Supreme Court has sentenced a widely respected 65-year-old female journalist, Ulfathonim Mamadshoeva, to 21 years in prison on charges of incitement to overthrowing the government.…
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AsiaBusinessCrimeDefenceEconomyEnvironmentGlobal NewsNational SecurityNewsPoliticsSri LankaWorld News
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250 million. Wey claims that he was…
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Sri Lanka Reaches Agreement To Settle Chinese Debt
Paris (15/11 – 75) Sri Lanka has reached an agreement with the China Exim bank on the principles and terms of a $4.2 billion debt settlement, the country’s finance ministry…
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Tajikistan to Study France’s Human Rights Freedom, Terrorism Prevention
London (28/11 – 58) Tajikistan’s human rights record continues to deteriorate amid an increased crackdown on freedom of expression and the political opposition, as well as the targeting of independent…
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The Relevance of NATO in the 21st Century
Frankfurt (3/12 – 12) The relatively rapid cohesion of disparate nations, historically competitive or even at war with one another, into the European Union came about in part because of…