Slovak company plans to assemble electric cars in Nigeria

Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]

King of Morocco receives SG of UN António Guterres

King Mohammed VI received on Wednesday, November 23, 2022 at the Rabat Royal Palace, Secretary General of the United Nations, Mr. António Guterres. The UN Secretary General expressed his gratitude to  the King for the success of the 9th Forum of the Alliance of Civilizations, held in Fez, and welcomed the adoption of a strong […]

The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]