Three months after a massive power outage plunged the Iberian Peninsula into darkness, Portugal unveiled Monday a €400 million plan to reinforce its electrical grid—and floated the possibility of connecting to Morocco’s power network. Environment Minister Maria da Graça Carvalho announced 31 measures designed to prevent future blackouts, reassuring citizens that not all costs would […]
Speaker of Mercosur Parliament Tomas Bittar Navarro has commended the efforts deployed by King Mohammed VI for building closer ties between Africa, the Arab world and Latin America within the frame of the South-South cooperation, one of the cornerstones of the country’s foreign policy. Bittar Navarro made the remarks Thursday in Montevideo following his meeting […]
The Egyptian pound weakened to a new record low against the US dollar on Thursday, extending its losses to 6.4 percent since the central bank introduced a new system of foreign currency auctions to curb a decline in foreign reserves. This came hours after Qatar announced that it is willing to pump in more money […]
