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Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]

Clinton in Algeria to Gain Backing to Military Intervention in Mali

U.S. Secretary of State Hillary Clinton started this Monday a visit to Algeria for talks with Algerian officials on the situation in northern Mali, a vast desert area that has been seized by Islamist militant groups following a military coup in the African country last March. Mrs Clinton will join her voice to France’s to […]

Mauritania: Appeal trial of former President Ould Abdel Aziz opens

The appeal trial of former Mauritanian President Mohamed Ould Abdel Aziz opened Wednesday in Nouakchott. He is accused of abusing his power to amass a huge fortune. The former Head of State, who ruled this largely desert country of 4.5 million people from 2008 to 2019, was sentenced at first instance to 5 years in […]