gas prices & competition agency

Mali expels Sweden’s envoy over ‘hostile’ comment amid strained ties with the West

Mali has ordered Sweden’s ambassador to leave the country within 72 hours because of what it called a “hostile” statement by a Swedish minister, the West African country’s junta-ruled government said. Kristina Kuhnel, Sweden’s ambassador to Bamako, has been summoned on Friday August 9 and ordered to leave days after the country’s minister for international […]

Hope For The Best: Argentines Wake Up In Default

The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody’s Investors Service declared today Argentina in default on some bonds for the eighth time in its history.   This follows Standard & Poor’s Ratings’ Services cutting its credit rating on the the South American nation’s foreign-currency sovereign debt to “selective […]

Libya to ease situation with Tunisian, Egyptian electricity, Tripoli Government

Electricity has been a major challenge in Libya in the past few years because fighting in the country destroyed some of the infrastructures while foreign companies have been reluctant to supply spare parts needed to repair damaged grids. The Tripoli-based government has announced that electricity will be imported from neighboring Egypt and Tunisia to reduce […]