Russia’s ambassador to Chad Vladimir Sokolenko inaugurated over the weekend the first Russian Cultural center in the central African country to bolster ties between the two countries. Named “Russkiy Dom” the culture center located in capital N’djamena is an initiative of Chadian alumni of Russian universities. It seeks to be a dynamic place for social […]
As the 15th edition of the BRICS summit approaches, two topics are high on the grouping’s agenda: its expansion, with the arrival of several African countries in particular; and the development of a new currency to be used for cross-border trade by the BRICS nations, which may be seen a push for de-dollarization. De-dollarization’s moment […]
Following years of unending diplomatic crises and worsening economic conditions at home, Algeria’s currency has fallen to unprecedented levels against the Euro in the country’s black market, the genuine metric for the country’s financial health. Demand on foreign currencies as an investment option surged due to uncertainties caused by the regime’s policies both at home […]
