UN Chief’s report to Security Council highlights key diplomatic & economic achievements in Sahara

UN Secretary-General Antonio Guterres has submitted to the Security Council his annual report on the situation in the Sahara, highlighting the diplomatic and economic achievements accomplished in the Moroccan southern provinces. This report is sent to the Council ahead of its planned debate on the Sahara in October. During this month, the Security Council members […]

Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]