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 […]
French Credit Insurance Company Coface has downgraded Algeria ratings to C, the lowest grade, over serious concerns of social frustrations boiling in the oil-producing country wherein high risks of social turmoil are exacerbated by the volatility of oil prices. The Algerian growth “slowed in 2017 due to the state’s dwindling financial resources and public spending […]
Ethiopia has no intention of waging war with Eritrea to gain access to the Red Sea, prime minister Abiy Ahmed emphasized Thursday (20 March) amid growing tensions between the two Horn of Africa nations. Speaking to parliament, Abiy stated that his government aims to resolve the issue through diplomacy, focusing on a mutually beneficial solution […]
