Monorail

Libya: Parliament searching for Zeidan replacement

Despite the uncertainty over those behind the kidnapping of Prime Minister Zeidan, the head of Libya’s Muslim Brotherhood said that the kidnapping could be justified by the Prime Minister’s actions and ought him to resign from power. Zeidan has stated that political parties played a role in what he called a failed coup d’état. Speaking […]

Egypt: Controversy around a new tax

The Egyptian government has made another U-turn after a lot of pressure from investors. The government decided to unveil a 10% tax on stock dividends and investment gains from takeovers in December 2012, but the decision wasn’t welcomed by investors. The government says it is part of the austerity measures that should be implemented to […]

Kidnapping of Spanish tourist in Southern Algeria vindicates terror warnings issued to foreigners

The Algerian military regime is keeping a very tight lid on the Spanish tourist who was abducted Wednesday in Southern Algeria, according to Spanish press reports. Militants of the terrorist group of the Islamic State in the Greater Sahara are suspected to be behind the kidnapping of the 50-year-old Spaniard. During this terror operation, other […]