Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]
The Emir of Kuwait has named Sheikh Ahmad Nawaf Al-Sabah as Prime minister on Sunday, replacing caretaker Sheikh Sabah Al-Khalid. Sheikh Ahmad had previously served in similar capacity. He was deputy Prime Minister and Interior minister in the outgoing government, which had submitted its resignation in April. Prior to those positions, he became deputy head […]
Morocco handed Russia a native of Daghestan region who fought for IS in Syria, Russian federal security service (FSB) said. “Morocco’s security forces arrested the Russian national, Salamov Ramazan Magomednuriyevich, born in 1970 and wanted for his involvement with international terrorist organizations,” Russian news agency TASS cited an FSB statement as saying. The Russian suspect […]
