Tindouf

China flexes its naval muscles in Gulf of Guinea during 5-day Nigeria visit

A naval fleet of China’s People’s Liberation Army (PLA-N) arrived for a five-day visit in Nigeria on Sunday (2 July) for a rare visit by the Chinese military to Africa’s Atlantic coast, reinforcing speculation that the Gulf of Guinea could offer a base for Beijing. As the destroyer Nanning and an accompanying frigate, long with […]

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]

Tunisian Ennahdha Denies its Chief Proposed Mediation between Rabat & Algiers

The Tunisian Islamist movement Ennahdha has flatly rejected reports that its leader Rached Ghannouchi had proposed his mediation in the diplomatic row opposing Morocco and Algeria, both tangled in a showdown over Algiers’s support for the Polisario separatist Front. London-based Middle East Eye (MEE) in a May 8 article, citing an anonymous Algerian diplomatic source, […]