Palestine to open embassy in Sweden immediately

Palestine will be opening an embassy in Stockholm after Sweden became the first western European country to recognize its statehood in October last year. President Mahmoud Abbas is on a state visit there and said that other countries should follow Sweden’s footsteps in order to “push forward negotiations in the peace process.” It has been […]

Debt Dilemma: Sub-Saharan Africa Faces Costly Trade-Off in Funding Shift

Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]

Greece focuses on Libyan opportunities

Greece will be looking forward to rejuvenate its ties with Libya when its foreign minister Dimitris Avramopoulos pays a visit to the country on Thursday. The two countries have been partners and have several bilateral agreements between them. During his visit, the officials will be concentrating on strengthening the Greek-Libyan cooperation in the various fields […]