Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]
Tag: Brazil
European Union’s Post-Mali ‘Africa Strategy’: Still a ‘Normative-Civilian-Soft Power’?
North and West Africa are facing a complex set of challenges in terms of democratic transition and consolidation, a growing prominence of Islamist influence, and potential knock-on effects of recent socio-political transformations. Adding to this complexity is Africa’s raising geopolitical importance that is evident in the growing interest of other extra-territorial powers, such as China, […]
Morsy Foresees “E-BRICS” in March Summit
At the end of his two-day visit to India, the Egyptian president has expressed his expectations of joining the group of fast growing economies known as the BRICS; an acronym for Brazil, Russia, India, China and recent member South Africa. President Morsy was speaking at a business forum when he said “Egypt is hoping to […]
Mauritania Receives Brazilian-made Super Tucano Jet Fighter
Mauritanian Air Force has received its first Brazilian-made Super Tucano jet fighter under a military deal passed last march with the aircraft manufacturer Embraer, without saying how many planes will be delivered to the African nation. However, some foreign diplomatic and intelligence sources say that Mauritania will be supplied at least three EMB-314 Super Tucano […]
Facebook: North Africa Hosts about 2.2% of one billion global users
After its crucial role in the uprisings in the Arab world, internet and facebook occupy a growing ground in MENA region. Tunisia’s Jasmine revolution, which forced President Ben Ali to step down, proved that internet and facebook were the fastest way to communicate and spread news (videos, photos, tweetts articles and even political comments.) A […]
Brazil: A new policy of “positive discrimination” in universities
Brazilian universities are required as of this academic year to devote an increased percentage of their admission capacity to poor students enrolled in public schools and to increase the number of university students of African descent. This new policy of “affirmative action” or “positive discrimination” as it is sometimes called is stipulated in a new […]





