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Morocco’s King offers condolences to German President following death of Horst Köhler

King Mohammed VI has sent a message of condolences to President Frank-Walter Steinmeier of Germany following the death of former German President and former Managing Director of the International Monetary Fund (IMF), Horst Köhler. In his message, the Sovereign expressed his deep sorrow over the death of Köhler, highlighting that the Kingdom of Morocco honors […]

Algeria lambasted for abusive prosecution of people for alleged terrorism

Algeria has been lambasted in Geneva for having prosecuted some 260 People for terrorism without any valid proof. About 260 people are prosecuted in Algeria for acts of terrorism although they have not participated in any act of violence, said Karim Salem of the Cairo Institute for Human Rights (CIHRS) on the sidelines of a […]

Libya drags Goldman Sachs to court

A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]