A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]
Latelec manifested its desire to leave the shores of Tunisia, after a heavy loss due to frequent strikes caused by the revolution. An estimated loss of $22,5million has been registered by the French company which is a subsidiary to the group Latécoère. The company has plants in El Meghira and Charguia but the operations have […]
The British government has reiterated its support for the UN-led political process engaged to find a lasting and mutually acceptable solution to the Sahara issue, and affirmed that it is constantly reviewing its position amid mounting parliamentary pressure to follow suit of UK’s allies in recognizing the Morocco’s sovereignty over its Sahara. During a Westminster […]
