Omar-Hilale

Algerian government attacks World Bank

Be nice to people on your way up because you might meet them on your way back! So says an adage that applies well to Algeria’s hysterical and hostile attacks on the World Bank after it issued a report that merely states the obvious and urges Algeria to take action to avert the collapse of […]

Libya: Seal agreement before HoR’s mandate ends, Leon tells delegates

After failing to reach an agreement on several occasions, the latest deadline announced by U.N’s special envoy to Libya, Bernardino Leon, has been termed as “crucial” because of the legal consequences that might follow. He said the Libyan parties at the ongoing negotiations which started on Tuesday in Geneva should work towards sealing an agreement […]

Nothing’s free: skepticism grows over China’s debt forgiveness

Skeptics say that despite China’s agreement to forgive interest-free loans to 17 African countries as it seeks to dispel debt-trap allegations, the days of Beijing writing off interest-bearing loans are over. The world’s poorest countries — many of them in Africa — are facing $35bn in debt-service payments in 2022, out of which around 40% […]