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Egypt: British Airways Suspends Flights to Sharm El-Sheikh
Egypt’s tourism industry Tuesday received another major blow as UK top airline British Airways (BA) announced it was suspending flights to Sharm el Sheikh indefinitely. The British carrier says the decision was made out of concern for the security of its customers. “The safety and security of our customers will always be our top priorities […]
Israel-Gaza Truce – Peace until the Next War?
Recently, a truce was mediated – by Egyptian president Mohammed Morsi – between Israel and the Palestinians in Gaza. But … how long can such a truce last before the new round of warfare is unleashed? Notwithstanding many obvious analogies with the previous tensions between the two sides (such as Operation Cast Lead at the […]
Carbon tax to slash South Africa’s exports
Carbon taxes, which the EU braces to impose, could slash by up to 10% South African exports, the central bank warned. The warning comes as the South African economy navigates tumultuous waters, with the flight of foreign investors, corruption, insecurity and electricity outages. The country produces 80% of its electricity from coal and is seeking […]



