Mosque in Morocco

Turkey: Ankara pledges more aid to Gaza

Turkish authorities have announced on Wednesday to keep their commitment for aid support to Gaza after the World Bank irritated Ankara for failing to fulfil its commitment made during the Cairo Conference in 2014. Turkish foreign Minister’s spokesman, Tanju Bilgic indicated on Wednesday that his country has already planned $75.6 million aid to Gaza in […]

Africa pays high price for misjudged risk — $75bn lost annually

Misjudged risk assessments and persistent financial bias are costing African countries a staggering $75 billion annually in inflated borrowing costs and lost revenues, according to the Africa Finance Corporation (AFC). AFC President Samaila Zubairu described the misperception as a “prejudice premium,” arguing that Africa’s default rates are “really, really exaggerated.” Research by Moody’s Ratings supports […]

UN Chief Calls for Reform of Security Council to Reflect Modern Global Realities

UN Secretary-General António Guterres has acknowledged that the Security Council is struggling with issues of legitimacy and effectiveness, arguing that its current structure no longer mirrors the geopolitical realities of the modern world. Speaking at a news conference in Malaysia during a summit of Southeast Asian nations, Guterres noted that the Council’s composition—three European permanent […]