fighting in Tripoli

Libya: Rival governments unite for LIA against financial institutions

Fighting between Libya’s two rival governments continues and efforts to end it have still proven unsuccessful but the two parties have decided to unite behind the Libyan Investment Authority (LIA) in its battle in court against Goldman Sachs and Société Générale. Delegates of the Tobruk and Tripoli governments agreed in Berlin on Thursday to forgo […]

Is Morocco about to face a third coronavirus wave?

Morocco has taken the painful decision of extending the night curfew in Ramadan due to fears of a surge in infections as new virus variants emerge in the country. Moroccan health professors have warned that local variants have emerged although the health ministry down played the phenomenon, saying that these new virus strains are a […]

Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar

The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council’s decision to dismiss Central Bank Governor Al-Siddik al-Kabir over a month ago. The Council’s move to appoint a new Governor and Management Committee has intensified divisions within the country, as this authority lies with Parliament and the […]