tunisia-syphax

The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]

Nigeria’s state-owned oil giant launches its first drilling site in country’s north

Drilling for oil and gas began in Nigeria’s northeast this week, a first for the African oil giant, NNPC, which has exploited large deposits in the south for decades and whose production is declining. During a visit in the Kolmani field, located in Gombe and Bauchi states, to inaugurate the drilling site, Nigeria’s President Muhammadu […]

Israel reaffirms support for Morocco’s sovereignty over its Sahara

Visiting Israel’s Interior Minister Ayelet Shaked reaffirmed on Tuesday her country’s support for Morocco’s sovereignty over the Sahara. “Israel reaffirms its support for Morocco’s sovereignty over the Sahara,” Shaked told reporters following talks in Rabat with Minister of Foreign Affairs Nasser Bourita. The talks focused on “the strong bilateral relations and the common projects that […]