collapsing oil prices

Lebanon without a president for 9months, 20th election postponement

Lebanon will go on for at least 10months without a president after the Speaker of the parliament decided to postpone the presidential election session till April 2 because there were not enough parliaments to hold a session. This is the 20th time that that the election of the president has been postponed and the situation […]

Japan’s Sumitomo Group to open electronic cable production plant in Tunisia

Japan’s industrial giant Sumitomo Group will launch next year in Tunisia a plant where it will produce cable harnesses for automobile companies in Europe. The plant to be located in Monastir industrial park (NEOPARK), will be erected by Sumitomo Electric Wiring Systems Europe (SEWS-E), the Japanese group’s European subsidiary. The future plant will require investment […]

United States sanctions Sudan’s RSF Chief, citing genocide allegations

The United States has announced sanctions against the leader of Sudan’s Rapid Support Forces (RSF), accusing the paramilitary group of committing genocide and perpetrating brutal atrocities. On Tuesday, Secretary of State Antony Blinken stated that Mohamed Hamdan Dagalo—commonly known as Hemedti—will face punitive measures for orchestrating “systematic” violence against civilians during the country’s protracted 20-month […]