As Ukraine war rages, NATO in show of force in the Med

Published by
AFP

ON BOARD THE USS HARRY S. TRUMAN (AFP) – A deafening stream of fighter jets land and take off from a US aircraft carrier, part of a long-planned NATO exercise in the Mediterranean to show military might while Russia wages war in Ukraine. “I want us to be as ready as we can possibly be,” US Rear Admiral Curt Renshaw, commander of the Carrier Strike Group Eight, told reporters this week on a visit on board USS Harry S. Truman.  “We look at the Russian capability and we look at our own capabilities and then we train to counter what they might do and to defend ourselves and to defend partners and … Continue reading “As Ukraine war rages, NATO in show of force in the Med”

Libyan oil production drops by 35% during blockade

Published by
Al-Araby

Libyan oil revenue has dropped by at least 35% in the month-long stand-off between Fathi Bashagha and Abdulhamid Dbeibah which forced several production facilities across the country to close in mid-April, according to oil-price.com. Amid protests, armed attacks and blockades, the National Oil Corporation (NOC) declared a force majeure at al-Sharara and el-Feel oil fields last month, alongside other major sites. The impasse has caused crude oil production to drop to its lowest point since the coronavirus pandemic hit Libyan energy producers hard in 2020. Only this Thursday, armed protesters op… Continue reading “Libyan oil production drops by 35% during blockade”

UN adviser says Libyan joint committee reached consensus on 137 articles of draft constitution

Published by
Al-Araby

The United Nations’ secretary general’s special adviser on Libya, Stephanie Williams, said on Friday that the Joint Committee between the Libyan House of Representatives and the High Council of State on Constitutional Track has reached “an initial consensus” on 137 articles of a draft constitution. “I am particularly pleased that you were able to agree on Chapter 2 on the rights and freedoms, as well as on the Chapters on legislative and judicial authority,’ Williams said in a statement. The developments were welcomed by the parliament-appointed prime minister, Fathi Bashagha, who said that th… Continue reading “UN adviser says Libyan joint committee reached consensus on 137 articles of draft constitution”

Three migrants dead, 10 missing as boat capsizes off Tunisia

Published by
Al-Araby

Three people were found dead and another 10 went missing after their boat capsized off Tunisia during an attempt to reach Europe, the country’s coast guard said Friday. “Forty-four people were rescued and 10 are still missing, and we found three bodies,” said Houssem Eddine Jebabli, spokesman for the National Guard of which the coast guard forms part. The migrants, all Tunisians, had set off on Thursday from the coastal region of Sfax with the aim of reaching Italy, he said. Improving weather in recent weeks has prompted a spike in such attempts. Tunisian authorities said last Saturday they ha… Continue reading “Three migrants dead, 10 missing as boat capsizes off Tunisia”

Hive mind: Tunisia beekeepers abuzz over early warning system

Published by
The Bangkok Post

TESTOUR, Tunisia: Elias Chebbi inspected a beehive in a field in Tunisia, minutes after a buzz on his phone warned him of a potential problem. The 39-year-old beekeeper opened a flap in the hive to reveal a low-cost, locally made sensor dedicated to measuring key environmental variables. An app on his phone then warns him if action needs to be taken. “Thanks to this, I can relax,” he said. “It tells me remotely everything that’s happening.” Chebbi has two of the sensors, entirely produced in Tunisia by the only company of its kind in North Africa. He periodically places one in each of the 100 … Continue reading “Hive mind: Tunisia beekeepers abuzz over early warning system”

Rogue trader, euro zone crisis and war, Socgen’s CEO ends ‘bumpy’ ride at top

Published by
Reuters UK

By John O’Donnell and Julien Ponthus FRANKFURT/LONDON (Reuters) – Societe Generale CEO Frederic Oudea, who navigated the French bank through a rogue trading scandal and the euro zone crisis, will leave next year, ending a tumultuous 15 years at the top. The longest-serving chief executive of a major European bank, Oudea took charge at the height of the 2008 financial crisis as the bank grappled with the multi-billion-euro fallout of a rogue trading scandal. A student of France’s elite Polytechnique engineering school and of the National Administration School, whose graduates include French pre… Continue reading “Rogue trader, euro zone crisis and war, Socgen’s CEO ends ‘bumpy’ ride at top”