Infighting over the succession and growing frustration in the regions could shatter the stability that the Tajik president has been building for so many years. Next year will mark thirty…
Economy
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Fifty years have passed since the emergence of this narrative. And revealing this story will not benefit Egypt and compensate the country for the losses it experienced then. The Kerman…
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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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AfricaBusinessEconomyGlobal NewsLibyaNews
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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EconomyGlobal NewsMiddle EastNewsNorth AfricaPoliticSaudi ArabiaTunisia
Saudi Industry Minister Concludes Tunisia Visit
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef concluded his visit to Tunisia, where he led the Kingdom’s delegation to the 11th session of the Saudi-Tunisian Joint Committee,…
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AsiaEconomyNewsSri Lanka
Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
by Ag Kan Kyawby Ag Kan KyawSri Lanka struck an initial deal with a group of key official creditors, including India and the Paris Club, to restructure about $5.9 billion of debt, a key step toward…
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AsiaEconomyFeaturedGlobal NewsNational SecurityNews
President Wickremesinghe Delivers IMF Deal for Sri Lanka
Copenhagen (13/11 – 37.5) When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South Asian island nation was engulfed in…
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Rabat – The Council of Bank Al-Maghrib (BAM), Morocco’s central bank, announced on Tuesday its decision to maintain the interest rates at 3%. The council emphasized that the current rate…
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BusinessEconomyFeaturedGlobal NewsNews
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…