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Africa fueled with optimism with prospect of US interest rate cut in 2024
Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]
Egypt, Saudi Arabia ink deals for industrial cooperation
Egypt and Saudi Arabia signed Sunday two deals for industrial cooperation covering non-oil exports and auto industry, Ahram Online reports. The first Memorandum of understanding (MoU) involved the export authorities of both countries to boost cooperation on non-oil exports. The second deal is signed between Saudi National Industrial Development Centre and Egyptian consumer finance company […]
Indignation at the European Parliament over Spain’s decision to allow in a wanted criminal
The hospitalization in Spain of the leader of the Polisario, Brahim Ghali, wanted for war crimes and serious human rights violations, has sparked a first reaction of condemnation and rejection in the European Parliament. The European deputy Attila Ara-Kovacs spoke out against the attitude of Spain to host on its soil a notorious criminal. […]


