zambie-maroc

Hope For The Best: Argentines Wake Up In Default

The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody’s Investors Service declared today Argentina in default on some bonds for the eighth time in its history.   This follows Standard & Poor’s Ratings’ Services cutting its credit rating on the the South American nation’s foreign-currency sovereign debt to “selective […]

France plays down Burkina Faso’s espionage accusations following arrest of French people reportedly from intelligence services

A source at France’s Foreign ministry rubbished accusations by Burkina Faso authorities of espionage in the wake of the arrest of four French men in Ouagadougou early December, holding diplomatic passports and visas. The reaction came after Paris-based news magazine Jeune Afrique reported Tuesday that four French men believed agents of the country’s foreign intelligence […]

Beijing’s PetroChina Signs Deal to Purchase Libyan Oil

China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few months after Shell and British Petroleum (BP) signed similar deals. The deal is the first ever since 2013, Bloomberg reports. The deal comes as oil production knows a revival following several […]