Egypt’s reserves hit new low

The Central Bank has announced that foreign exchange reserves have reached new levels since the interim government took over in July. This report marks the third consecutive time that the reserves have been depleting. Analysts have claimed that the trend will continue till the end of the year. The country’s reserves dropped from $18,6 billion […]

Crime & drugs: New alarming trends face West, Central Africa – UNODC

West and Central Africa faces “disruptive and destabilising” new trends regarding drug trafficking, drug use and other crimes, warned Yury Fedotov, Executive Director of the United Nations Office on Drugs and Crime (UNODC). “UNODC is registering new alarming trends on drug trafficking in West and Central Africa with disruptive and destabilizing effects on governance, security, […]

Lebanon: Crucial cabinet meeting on Thursday, tensions already flaring

The Lebanese cabinet will be holding a meeting on Thursday but the atmosphere is already tense and ministerial sources have hinted that Prime Minister Tammam Salam’s efforts to calm the situation did not yield any fruit. The meeting could be suspended before its scheduled end because disputes are expected between rival groups in the cabinet. […]