Russian mercenary firm Wagner Group

COVID-19: African finance ministers seek IMF, World Bank and EU support on debt relief

African finance ministers have requested the support of the International Monetary Fund, the World Bank and the European Union for bilateral, multilateral and commercial debt relief amid the coronavirus crisis.   The request was germinated from the second virtual meeting on Tuesday, hosted by Vera Songwe, Executive Secretary of the Economic Commission for Africa, and […]

India-Middle East-Europe Economic Corridor: new US-backed trade route to rival China’s Belt and Road

The India-Middle East-Europe Economic Corridor (IMEC), officially launched at the G20 summit in India, is seen by some analysts as a direct challenge to Beijing’s Belt and Road Initiative (BRI), a multi-trillion-dollar infrastructure project launched a decade ago with the aim of connecting China to the rest of the world. The launch of the new […]

Libya: EU condemns massacre of over 40 civilians in airstrike by Haftar forces

The European Union Monday condemned airstrikes by eastern Libyan rebel forces that killed over 40 civilians, in the South of the oil-rich country. War planes of Khalifa Haftar struck a residential zone, including a wedding in Murzuq in southern Libya on Sunday. The raids killed at least 43 people, all of them civilians. Forces loyal […]