Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover, source says

Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover, source says

The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran’s regime during the Iran war, a source familiar with Treasury Secretary Scott Bessent’s thinking told CBS News Saturday. The source said the Treasury intends to utilize all available authorities to make Iranian assets accessible for rebuilding and…

Read More
Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Some developing country governments spend years making the reforms that international financial institutions want – only to find that their efforts are not rewarded. They may make budgets more transparent, publish their debt obligations, set up independent bodies to monitor government spending, and complete an International Monetary Fund programme, but still receive the same ratings…

Read More
Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Africa: Foreign Minister – Egypt Remains a Source of Hope for Stable and Prosperous Continent

– Speaking at a session on Sudan during the Aswan Forum for Peace and Sustainable Development, Minister of Foreign Affairs and International Cooperation, Ambassador Mohy-Eddin Salim, affirmed Sudan’s appreciation for Egypt’s efforts in supporting Sudan’s security and stability, and in enhancing efforts to strengthen the institutions of the national state, including the armed forces. He…

Read More