Europe International

France: Valls quits Matignon to run for President

French socialist Prime Minister Manuel Valls Monday resigned from his position as he announced his candidacy for the country’s top job. “I have learned a lot from my countrymen, so yes, I am candidate for the presidency,” Valls told his supporters at Evry (15 miles from Paris). “I have that force in me, the willingness […]

Europe International

France: Hollande renounces running for 2017 Presidential elections

French President Francois Hollande Thursday stunned the country as he announced he would not contest next year presidential elections. “I have decided not to run for presidential election, and the renewal of my mandate,” he said in a speech at his office. The 62 years old President has had a mandate peppered with challenges ranging […]

Business Energy

Libya denies any plans to take over French oil refinery

The Libyan Investment Authority (LIA) on Monday flatly denied it is planning to take over Petroplus Petit Couronne, a French oil refinery which is currently in bankruptcy proceedings. “The LIA has denied the news circulated by some media and on the internet about its intention to buy an old refinery in France,” reported the Libyan […]