Egypt’s current account deficit soars as Suez Canal revenues plummet

Egypt’s current account deficit more than doubled to $5.9 billion in the July-September 2024 quarter, up from $2.8 billion in the same period last year, according to the Central bank on January 16. A significant contributor to this widening deficit was a sharp drop in Suez Canal revenues, which fell by 61.2% to $931.2 million, […]

UN sounds alarm over human rights situation deterioration in Eritrea

United Nations Deputy High Commissioner for Human Rights, Nada Al-Nashif, has described as “dire” the situation of human rights in Eritrea where the UN official indicates that many youth are facing forced conscription. Nashif, addressing the Human Rights Council, warned that serious violations of people’s basic freedoms in Eritrea have continued “and show no sign […]

Foiled Illegal migration attempts plunge 75% in February in Spain

Spain reported a 75% drop in interceptions of illegal migrants’ arrivals compared to a month earlier period, the interior ministry said. Only 936 migrants were intercepted last month compared to 4104 people in January, official figures showed. However, the number of people who made it to Spain was higher in the first two months of […]