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Inflation could “inflame social tensions”, warns IMF
The global economic outlook is “darkening”, the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the “commodity price shocks” it has caused among the main reasons. The IMF plans to publish later this month “a further downgrade” to its growth forecasts “for both 2022 and 2023”, […]
Erdogan slams European countries for accepting al-Sisi’s invitation for Arab-EU summit
In a second bash on Fattah al-Sisi, Turkey’s President Recep Tayyip Erdoğan slammed the European Union bloc for being “insincere” because they attended the joint summit with the Arab League in Egypt, a country with an impressive record of executions. Erdogan, speaking at an electoral rally in Giresun said the EU, is insincere considering its […]
South Sudan to produce 350,000 bpd by 2020
South Sudan is planning to increase oil production to 270,000 bpd by the end of 2019, the country’s Minister of Petroleum and Mining, Ezekiel Lol Gatkuoth said. Speaking on the sidelines of a conference in India last weekend, the minister said South Sudan is working to return to its pre-war production levels of 350,000 bpd […]



