Moody, a Credit-ratings agency has downgraded Egypt’s government bond ratings by one notch from B2 to B3, citing the intensification of civil unrest and sliding foreign exchange reserves. It also added that it is maintaining the rating on review for further possible downgrade. According to the agency, the reason behind the decision “is the country’s […]
The Hague-based International Criminal Court (ICC) has issued an international arrest warrant for Mahmoud Mustafa Busayf Al-Warfalli, accused of war crimes for the execution of terrorist suspects in Benghazi, when the city was re-conquered by Field Marshal Khalifa Haftar’s forces. ICC’s Pre-Trial Chamber I indicted the Field Commander of the Special Forces Brigade (Al-Saiqa) for […]
Russia and Turkey Wednesday vowed to collaborate and work towards the stability of Libya where both countries back rival sides. “Everyone must contribute to the full stabilization of Libya,” Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday at a joint press conference with his Russian counterpart Sergej Lavrov in Ankara. “We no longer want competition […]
