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The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]

Over 10,000 migrants died trying to reach Canary Islands from West Africa in 2024

As many as 50 migrants who recently attempted to reach Spain via boat from West Africa drowned, according to the migrant rights organization Walking Borders, whose new report also found that over 10,457 migrants lost their lives last year while attempting to cross the Atlantic Ocean to reach Canary Islands. Walking Borders reported on Thursday […]

Algeria: Civil society, political parties field 13 figures for dialogue with regime

Several civil society groups and political parties regrouped under the banner of “Civilian Forum for Change” have appointed 13 personalities among whom two former Prime Ministers, to negotiate with the regime a way out of the political crisis that has gripped the North African country since February.   The 13-member committee includes former Premiers Mouloud […]