European parliament

Diplomatic rifts and tensions shape G20 meeting in South Africa

Russian top diplomat’s attendance at the G20 foreign ministers meeting in Johannesburg underscored the geopolitical divides that continue to challenge global cooperation, according to analysts. Russia’s Sergey Lavrov has joined other foreign ministers from the Group of 20 (G20) top economies for a two-day meeting in South Africa’s Johannesburg, amid growing geopolitical divides, tensions over […]

Libya’s Central Bank devalues Dinar by 13.3% amid ongoing political divisions

The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]

Morocco’s King lays out vision to address desertification challenges in Africa

“We are determined to combat the common enemy of desertification through coordinated, solidarity-based action”, said King Mohammed VI in a message addressed to the Summit on Drought & Sustainable Land Management which opened Monday in Abidjan. The royal message, which was read out by minister of Agriculture, Fisheries, Water and Forests Mohamed Sadiki, called for […]