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Tunisia’s foreign exchange reserves down 3%

Cash-strapped Tunisia reported a 3% decrease in its foreign exchange reserves to 22.9 dinars ($ 7.5 bln), enough to cover 99 days of imports, as the country struggles to access foreign debt amid a biting social and economic crisis. The decline follows the government’s $1 billion Eurobond repayment in February, reducing import coverage. The government […]

Russia pushes for BRICS grain exchange to challenge western dominance in global market

Russia intends to establish a “grain exchange” with BRICS nations, aspiring to use this trade alliance of nine emerging countries to challenge Western dominance in agricultural trade. While the officially declared purpose of the inter-bloc grain exchange is to facilitate trade between BRICS member states, analysts say that the new alliance actually aims to become […]

Libya detains six Tunisian fishermen

Libyan authorities have arrested six Tunisian fishermen in Libyan waters after they departed from Al Ketf port, Webdo Tunis reports. The move, the media reveals, came public after a man in Jebeniana, in the Sfax governorate in Tunisia, Thursday called on local and Libyan authorities to secure the release of his son who is among […]