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Libya: Central Bank takes loan, budget not voted
Spokesman Omar Hmeidan of the General National Congress has said that Libya will be taking a 2,55 billion Libyan dinar emergency loan to finance the functioning of the government after lack of income. Libya’s main source of income is oil and gas but the rebels have laid siege on several oil ports and fields thereby […]
Cargo blocking Suez Canal navigation refloats
Egypt Suez Canal authorities Monday said the ship which has blocked navigation in the canal has refloated, adding that the course of the ship has been corrected 80 per cent. Chairman and Managing Director of the Suez Canal Authority Osama Rabie said that water level reached 2 meters, allowing, Ever Give, a Panamanian container vessel’s […]
Malian authorities cancel defense agreements with France
Mali’s ruling junta announced Monday night that it was breaking off defense agreements with France and its European partners, a further sign of deteriorating relations between Bamako and its former allies in the fight against jihadists. Making good on a threat that has been waved for months, the military-dominated authorities who came to power by […]


