new_year_2013

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]

Libyan Oil Revenues Increase to $14 bln in 2017

Libya managed to reduce its budget deficit in 2017 thanks to a sharp rise in oil revenues totaling $14 billion, the Libyan Central Bank said. The exponential increase in oil revenues up from $4.8 billion in 2016 is still much below the $50 billion registered in Libya before the fall of Gaddafi’s rule. The Central […]

Tindouf Camps: Popular Protests against Polisario Gaining Momentum

The Tindouf camps in Southern Algeria are rocked by growing protests of the sequestered Sahrawis who are rising up against Polisario militias’ oppression, impunity, injustice, torture and systematic violations of their basic human rights. The separatists started feeling the heat after their Algerian masters were ousted by the popular revolt that is still ongoing. Things […]