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: India
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 […]
Algeria: Lafarge planning to establish a research laboratory
Lafarge will establish its fourth research laboratory in the world with the three other laboratories located in France, China and India. The laboratory is to be built in Rouiba and it will be collaborating with the Lyon laboratory in order to create a platform for ongoing research aimed at adapting its building materials products to […]
Egypt-India: Deepening Cooperation
President Morsi’s state visit to India has been marked by the signing of multiple pacts in different domains to take their bilateral relation and cooperation to “another level”. Prime Minister Manmohan Singh said talks were “extensive and very productive” pointing out that they both have enormous potential for deepening cooperation across the full spectrum of […]
History Repeats Itself, India no Exception
The case of the 23 year old medical student raped and battered by six men in December 2012 is still making the headlines and setting India on fire. The young woman just passed away from her injuries in a Singapore hospital, where she was treated after her assailants left her for dead on the street. […]
Sinking Susan Rice’s Nomination: What It Could Mean for the U.S. North Africa Policy
When Susan Rice withdrew her name from the consideration for nomination for Secretary of State, she did so largely to save the White House from a costly political fight. Over the previous weeks, Senators John McCain, Kelly Ayotte, and Lindsay Graham had attacked her vigorously for not calling the attack on the US consulate in […]
Marrakech International Film Festival Kicks off 12th edition Friday
The 12th edition of the Marrakech International Film Festival kicked off Friday evening in the presence of scores of stars from the four corners of the world. The festival was first held in 2001. The world was still under the shock of the 9/11 attacks and organizing a film festival in such an uncertain environment […]
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 […]
Medical Tourism Booming in North Africa
Despite the unrest rocking several Arab countries, many foreign tourists are still heading to North Africa not only for holidays but also for plastic surgery which has become a big business namely in Tunisia, Egypt and Morocco. The pyramids of ancient Egypt, the antiquities & beaches of Tunisia and the mystical city Marrakesh (Morocco) are […]









