kiir-mohammed-VI

Egypt: President Sisi warns Egyptians “tough or harsh” austerity policies are ahead

Speaking at a youth forum on leadership, President Sisi informed Egyptians that the government will be introducing austerity measures when it finalizes a $12billion three-year loan agreement, probably before the end of the month, with the International Monetary Fund (IMF). For the president, “the problem is whether the public opinion is prepared to accept the […]

Why Algerian protesters should avoid the Egyptian scenario

Both Algeria and Egypt are run by a military-dominated elite that gave protesters, thirsty for freedom and democracy, the illusion of change. The military regimes in both countries proved adept at adapting to social change by offering time-buying measures and superficial reforms to keep the ruling circles intact while containing unrest. In a recent article […]

Libya’s division, bureaucracy hinder investment flow- State Department

Division of state institutions, bureaucracy, and corruption were key obstacles to promoting foreign direct investments in war-torn Libya, despite the country’s colossal need in terms of infrastructure and economic diversification, the US State department said. “Despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and […]