Morocco: Smuggling attempt of over 6 tons of cannabis foiled at Guergarate

Moroccan security services foiled on Friday a smuggling attempt of 6.3 tons of cannabis at the Southern Guergarate crossing point on the borders with Mauritania. The drug haul was found by the customs and police agents in a truck registered in Morocco and heading to an African country. The banned substance was concealed in a […]

The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]

Seychelles: Opposition leader, others charged with witchcraft

The Magistrate Court of Seychelles has charged Patrick Herminie, leader of Seychelles main opposition party, United Seychelles (US), and seven other men with witchcraft-related offences, reports say. The court ruling came Monday October 2 as part of an ongoing saga which started late last month, with the arrest of six men namely five locals and […]