African leaders’ response to US-China tensions over Taiwan shows tilt towards Beijing

A spike in tensions between the United States and China over Taiwan has not gone unnoticed in Africa and has prompted responses that underscore the continent’s tilt toward Beijing. Washington announced trade talks with Taiwan on Thursday (18 August) following a US congressional delegation’s visit earlier this week that came on the heels of a […]

S&P Lowers Egypt’s Credit Rating Outlook to Negative

World rating agency Standard & Poors has downgraded its long-term foreign- and local-currency sovereign credit ratings of Egypt to ‘B-‘ from ‘B’. It has also switched its outlook is negative, citing recent political developments that weakened Egypt’s institutions and the increasingly polarized political discourse that could undermine the effectiveness of policy-making. According to S&P, a […]

Philippines, Morocco to establish direct flights

The Philippines and Morocco have agreed on an air services pact that will enable direct flights between the two countries, the Philippines’ Department of Transportation announced. “Pending the ratification of the air services agreement, the parties signed a memorandum of understanding granting full third and fourth freedom traffic rights for both passenger and cargo, and […]