DRC -perenco

More voices call EU to follow the example of the US, recognize Morocco’s sovereignty over its Sahara

Since the US announced on December 10, 2020 its historic decision to recognize Morocco’s sovereignty over its Sahara, several voices rose to urge the European Union to follow suit.   The latest of these voices was that of the Mayor of Metz François Grosdidier who called on the European Union to follow the example of […]

Libyan Cent Bank chief quits Libya to flee militias

Libya’s central bank chief Sadiq al-Kabir said he and other senior bank employees had to flee the country to protect their lives from militias. Few days ago, the bank suspended activity after a senior official was kidnapped by militias. Disrupted central bank activity, which controls billions of hydrocarbons money, has forced oil production to shutdown […]

Tunisia’s autocrat curbs central bank independence

Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from an aggravating fiscal and economic crisis. Saied made the statement as he seeks direct financing of the state budget by the central bank, a move many economists warn would further […]