Tunisia wants to borrow billions from its central bank to address deficits. Experts cal... - 0 views
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In an emergency meeting behind closed doors, parliament’s finance committee on Wednesday considered a request from President Kais Saied’s government to borrow the funds after it previously overhauled laws designed to guarantee the bank’s autonomy.Those laws added the central bank to a growing list of institutions that critics say Saied has sought to undermine since taking power in the North African nation, along with briefly suspending parliament and rewriting Tunisia’s constitution.
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Tunisia finds itself unable to borrow from traditional creditors, including the International Monetary Fund, whose proposed $1.9 billion bailout package remains in limbo.
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“Amending the status of the Central Bank of Tunisia just to allow it to finance the government’s budget and nothing else ... is a misguided approach that brings with it numerous risks — notably inflationary — for the country’s economy and relationship with its partners,” said economist Aram Belhadj, a professor at the Faculty of Economics and Management of Tunis.
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See where water is scarcest in the world - and why we need to conserve - Washington Post - 0 views
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An analysis of newly released data from the World Resources Institute (WRI) shows that by 2050 an additional billion people will be living in arid areas and regions with high water stress, where at least 40 percent of the renewable water supply is consumed each year. Two-fifths of the world’s population — 3.3 billion people in total — currently live in such areas.
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the Middle East and North Africa regions have the highest level of water stress in the world. Climate change is shifting traditional precipitation patterns, making the regions drier and reducing their already scarce water supplies. Population growth and industrial use of water are expected to increase demand.
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The WRI analysis accounts for surface water, but not groundwater stores that are tapped when lakes, rivers and reservoirs run dry. This means the new estimates may underestimate risk. Many rural areas use groundwater for drinking water and farmers worldwide rely on it for irrigation. But groundwater often replenishes much more slowly than surface water.
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The Post-WWI Migrations That Built Yugoslavia and Turkey Have Left a Painful Legacy - N... - 0 views
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the religious, ethnic and linguistic diversity that characterized their territories in the Middle East and Eastern Europe no longer chimed with the new world order being organized around nation-states
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Designing measures such as the Greek-Turkish population exchange of 1923, the League of Nations legitimized demographic engineering policies and made migration an intrinsic part of nation-building. With international encouragement, the states with Muslim minorities in the Balkans devised multipronged policies to push out the citizens they saw as undesirable. Turkey became the only destination for Balkan Muslims, even when they were not Turkish.
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in 1938 Belgrade and Ankara concluded a little-known agreement to transfer 200,000 Yugoslav citizens to Turkey. The transfer did not materialize because of the start of World War II, but the migrations did eventually take place and continued into the 1950s. For both Yugoslavia and Turkey, new states created in the aftermath of World War I, migration was an important part of nation-building.
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Brussels fast-tracks migration deal with Cairo amid Gaza migration fears | Article | Af... - 0 views
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As regional tensions rise, European Commission officials are urgently trying to finalise a 'cash for migration control' deal with President Abdel Fattah el Sisi's government. Brussels is likely to offer cash job creating projects and to help the country's green transition, although details are sparse on how the funds will be allocated.
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Commission President Ursula von der Leyen and Vice-President Margaritis Schinas have been bullish about striking migration control deals modelled on their July agreement with Tunisia. Yet this looks shaky after President Kaïs Saïed returned a payment of €60 million to the Commission
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Others, including EU High Representative on Foreign Affairs, Josep Borrell, point to human rights abuses in Egypt. EU officials worry about the effects of the Israel-Hamas war on the bloc's relations with North Africa where there have been mass protests in support of the Palestinian cause over the past two weeks and criticism of western policy
Analysis: Tunisia faces rising pressure, record IMF delay over lack of reforms | Reuters - 0 views
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Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan programme, but 12 months later it has yet to receive any money and seems unwilling to implement the reforms needed to do so.
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The one-year lag is a record delay between a preliminary deal and the final signoff, according to public data on over 80 cases compiled by Reuters. This compares to the median 55 days it took low- and middle-income countries between the two steps, and exceeds even the long waits of countries like Chad, Zambia and Sri Lanka.
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Reducing the budget deficit, reforming large state-owned enterprises and devaluing the currency to prevent the central bank from using reserves to support the dinar are among the top tasks the government needs to address,
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EU's Mediterranean, southern European leaders meet in Malta on migration | Migration Ne... - 0 views
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Paris is hoping Friday’s so-called Med9 summit, attended by the leaders of Malta, France, Greece, Italy, Croatia, Cyprus, Portugal, Slovenia and Spain, will offer a “clear message” that migration requires a response at the European level
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EU is poised to agree a revamped Pact on Migration and Asylum, which will seek to relieve pressure on frontline countries such as Italy and Greece by relocating some arrivals to other EU states
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Both Meloni and Macron also want to prevent boats departing from North Africa by working more closely with Tunisia, despite questions over the country’s human rights standards and treatment of migrants.
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More than 2,500 dead, missing as 186,000 cross Mediterranean in 2023 | Refugees News | ... - 0 views
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More than 2,500 people have died or gone missing while trying to cross the Mediterranean to Europe so far this year, the UN refugee agency said, while approximately 186,000 people have arrived in European countries during the same period.
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of the 186,000 who had crossed the Mediterranean, 83 percent – some 130,000 people – landed in Italy. Other countries where people who had crossed the Mediterranean had landed included Greece, Spain, Cyprus and Malta.
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the land journey from sub-Saharan African countries to sea crossing departure points on the Tunisian and Libyan coasts “remains one of the world’s most dangerous”.
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