Investments

Palestine: Israel to push for Economic Relief in West Bank as Road to Peace

Israel is looking to convince the U.S. and the European Union to support economic development of the West Bank as key for peace with Palestinians, Bloomberg reports. Finance Minister and Knesset member, Moshe Kahlon is pushing a plan to build a joint industrial zones, ease movement out of the West Bank and allow the Palestinian […]

Nigeria’s oil output plummets on pipeline dysfunctions

Nigeria’s oil production shrunk to 1.23 million barrels per day in March with authorities blaming pipeline problems and maintenance issues. OPEC said Nigeria produced 1.32 million barrels in February and 1.42 million in January. Oil theft and pipeline vandalism have dealt severe blows on Nigeria’s oil production, limiting the country’s output and making it fall […]

Sudan: Ex-leader Bashir sentenced for corruption

A court in Sudan last weekend convicted former President Omar al-Bashir on corruption charges and sentenced him to a two-year detention in a reform facility. Dressed in traditional white robes and a turban, Bashir watched silently from inside a metal defendant’s cage while the judge read out the verdict on Saturday. Al-Bashir ruled Sudan for […]