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Libyan lawmakers reject Dinar devaluation, call for comprehensive economic overhaul

Fifty-five members of Libya’s House of Representatives (HoR) strongly criticized the recent devaluation of the dinar, arguing that the move fails to address the root causes of the country’s deepening economic crisis. The lawmakers stressed, in a joint statement issued on Wednesday, that adjusting the exchange rate or increasing the dollar price would not resolve […]

Geopolitics: Algerian Regime Treats Tunisia as its Wilaya & Backs Kaïs Saïed to Keep Tunis in Its Orbit

Algeria’s shaky regime grips Tunisia like a lifeline, preferring a compliant neighbour to a competitive one; it now treats the country as a de facto wilaya and backs Kaïs Saïed’s tenure to keep Tunis under its influence, says the NY-based Geopolitics magazine. Algeria is locked in an archaic rent-seeking system nurtured by anti-Moroccan nationalism. It […]

UN Security Council renews mandate for peace keeping mission in CAR

The UN Security Council extended Wednesday November 15 for a year the mandate of the UN peacekeeping mission in the Central African Republic (CAR) until Nov. 15, 2024. The extension came under resolution 2709, approved by 14 of the 15 Security Council members bar Russia which abstained. The resolution also decides that the peacekeeping mission, […]