horst-koehler

IMF Director: Price stability is a basic condition to achieving growth; WB President eyes longer, cheaper loans

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects people, especially the poor.” This means the fight against inflation remains paramount. In her address at the plenary session of the 2023 annual meetings of the World Bank and the […]

African smallholder coffee farmers’ livelihood jeopardized by new EU deforestation law

Many African smallholder coffee farmers are now finding their main source of income in jeopardy after the European Union announced its plan to outlaw products sourced from deforested areas, which, as critics point out, could penalize so-called smallholder coffee farmers in Africa. In 2023, the EU established mandatory rules, known as EUDR, for companies dealing […]

European Parliament calls for release of French-Algerian writer

A group of members of the European Parliament (MEPs) denounced the arbitrary arrest of French-Algerian writer Boualem Sansal on Nov.16 in Algiers and demanded his immediate release. In a plenary session, the MEPs called for the immediate release of Sansal, whose arrest was confirmed in a diatribe by Algerian official media who indulged in prejudice […]