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The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field
After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]
Guinea-Bissau: president dissolves parliament after ‘coup attempt’, fresh elections planned
Guinea-Bissau’s President Umaro Sissoco Embalo has dissolved the nation’s opposition-dominated parliament ahead of fresh elections and shortly after armed clashes in the capital Bissau that he describes as an “attempted coup d’état” and which plunged the small West African nation into yet another crisis. “The date of the next legislative elections will be set at […]
Morocco: King Carries on Implementation of his Roadmap for Sahara Development
King Mohammed VI who arrived in the Saharan city of Laayoune Thursday coming from Ouarzazate, where he had dedicated the first plant of the Noor solar complex, spent Friday launching a number of development projects in the city. The projects, dealing with industrial development, the promotion of education and academic research, and the improvement of […]



