April 3, 2023 April 4, 2023 5 April 2023 12 April 2023 17 April 2023 Sudan’s recent catastrophic power struggle has escalated to unprecedented levels, causing the country’s collapse, according to the Former US Assistant Secretary of State for African Affairs, David Shinn. During a public event with various political parties, Abdel Fattah Al-Burhan, Chairman […]
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Egypt in March 2023 2 March 2023 Net Foreign Assets of Egyptian Banking Sector Fell by $5.2 Billion in January (The New Arab). According to Central Bank data, the net foreign assets of Egypt’s banking sector decreased by 160.2 billion Egyptian pounds in January, likely due to the maturity of debts and liquidation of work
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Egypt in February 2023 2 February 2023 Egypt Proposes Initiative to Stop Current Escalation in Palestine (Middle East Monitor). According to the sources, Cairo conveyed the messages of the Palestinian Authority to the Israeli side, and Egypt called on Israel to stop the military escalation without any conditions. 3 February 2023 Exchange Rate
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Egypt in January 2023 05 January 2023 Egypt’s Economic Crisis Deepens. Egypt is experiencing runaway inflation, rising interest rates, and an economic crisis that has placed the entire country on edge. Egypt’s currency lost more than one-third of its value during 2022, and the currency collapse has created a severe shortage of hard foreign currency
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Egypt in December 2022 1 December 2022 EGYPT: Sisi and Erdogan Begin to Mend Relations After Nine-Year Rupture Last week Egyptian President El- Sisi, while attending the World Cup in Qatar, met with Turkish President Erdogan for talks that ended nine years of severed relations between the two leaders. A week later, on 27 November,
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Lebanon in April 2023 April 3, 2023 The Court of Appeal in Paris is Considering the Validity of the Property Seizure of Lebanese Central Bank Governor Riad Salameh (AFP). The Paris Investigation Chamber is discussing the requests submitted by Salameh to recover more than ten properties and funds that were frozen in France, including
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Lebanon in March 2023 1 March 2023 Lebanon Top Prosecutor Tells Judge Investigating Banks to Pause Probe (Al Arabiya English). Lebanon’s top prosecutor on Tuesday told a judge investigating the financial transactions of commercial banks to temporarily halt her work, a week after the country’s caretaker prime minister also moved to block her investigations. Lebanese
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Lebanon in February 2023 2 February 2023 After 25 years, Lebanon Changes its Official Currency Exchange Rate (Al Nahar). The Central Bank announced on Wednesday that the new official exchange rate for the pound is 15,000 to the dollar. This constitutes a 90 percent devaluation from the previous official rate of 1,507.50 pounds per
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Lebanon in January 2023 06 January 2023 Hizballah Claims Mossad Is Recruiting Spies Through Sexual Exploitation (Beirut Observer). Hizballah security forces arrested Mohsen S, a worker in installing solar panels in Naqoura under allegations of having been a Mossad spy. According to the Hizballah media, the subject confessed to having been compromised while on a
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Lebanon in December 2022 10 December 2022 Mikati: We will work to activate cooperation between Lebanon and its Arab brothers, and between Lebanon and China (Beirut Observer). Mikati: “Our Arab world, which possesses many human and natural qualifications, is at the center of the world’s interest, specifically the People’s Republic of China, with which
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Turkiye in April 2023 April 3, 2023 Turkiye’s Trade Deficit Rose 51.4% in February (Sky News Arabia Business). On Friday, the Turkish Statistical Institute revealed that the country’s foreign trade deficit increased by 51.4% year-on-year in February, reaching $12.08 billion. This increase is attributed to a 10.1% jump in imports, amounting to $30.71 billion, while
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Turkiye in March 2023 8 March 2023 UN Says Türkiye Quake Damage Could Exceed $100B (Daily Sabah). Damage from the massive earthquakes that jolted southeastern Türkiye last month is estimated to be over $100 billion, the United Nations said Tuesday. “Already it is clear that just the damages alone will amount to more than $100
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Turkiye in February 2023 1 February 2023 Senator Van Hollen Says No F-16s for Turkey if Sweden, Finland Not Admitted to NATO (Al Monitor). Democratic Senator Chris Van Hollen slammed Turkiye as an “unfaithful ally” and called on the Senate to consider efforts to block F-16 sales to the country. The Senator said the United
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Turkiye in January 2023 January 5, 2023 Turkey’s defense minister and intelligence chief met with Russian and Syrian regime counterparts in Moscow on 28 December to discuss potential steps toward normalization between Ankara and Damascus. The Assad regime demanded that Turkey withdraw its forces from Syria, according to a Turkish statement the following day. For
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Turkiye in December 2022 Desember 1 , 2022 Turkey-Syria Border Crisis: Turkey Prepares for Ground Invasion of Syria Northern Syria is experiencing its deepest crisis since the end of the battle for Idlib in early 2020. On 1 December, Turkey’s national security council appeared to signal its readiness to conduct a ground offensive into Syria
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