The founder and chairman of Colony Capital, Tom Barrack, discusses in the video below how Qatar can be an example for the rest of the Middle East, as well as the ray of hope the Tunisian group that won the Nobel Peace Prize has afforded the world. To see the video go to: Bloomberg Business. Continue Reading
Tag Archives: Tunisia
Tunisia Holds First Free Vote After Arab Spring
Sunday, October 23 marks an historic day, not only in Tunisia, but for the entire Arab world as citizens go to the polls in what will be a free election for a 217-member assembly whose mandate will be to appoint a temporary interim government and to draft a new constitution. Elections come exactly nine months… Continue Reading
Confidence Replacing Fear As “Arab Spring” Passes
Analysts are sighing with relief as second-quarter figures for Middle Eastern loans out pace first-quarter numbers by 43%. Stability Replacing Uncertainty At the beginning of the year uncertainty was the main attitude of economists and other observers as they stood by watching the Middle East turn to flames during revolutions in Egypt, Tunisia, Libya and… Continue Reading
IMF Says MENA Will Need $160 Billion In Coming 2 Years
The International Monetary Fund (IMF) prepared a report for the G8 summit which was held at the end of last week in Deauville, France which stated that the oil-importing nations in the MENA region (Middle East and North Africa) will need a boost of at least $160 billion of external funding to get them through… Continue Reading
World Bank Takes Optimistic View towards Mideast Upheaval
Long Term Positive Prospects The World Bank released a report on Tuesday saying that despite the short-term downward movement of Middle Eastern and Northern African economies, in the long run the world can expect to see positive movement in that region. The report is the World Bank’s regional economic update for May 2011 for the… Continue Reading
Black African Migrant Workers Forced to Fight for Gaddafi
It is now being reported that troops loyal to Muammar Gaddafi are grabbing black African migrant workers in Libya and forcing them to fight against the anti-Gaddafi rebels. This latest information is being reported to the Reuters news-wire from a refugee camp in Tunisia where many of these young African men who have managed to… Continue Reading
Al Jazeera Seen as a Force for Freedom in the Middle East
Mustafa Souag, the head of the news department at the Arabic language station of Al Jazeera said this past Monday, “We knew something was coming. Our main objective was to provide the most accurate and comprehensive coverage that we could by sending cameras and reporters to any place there is an event. And if you… Continue Reading
Is Assad in Denial Concerning His Job Security?
As activists in Tunisia inspired the protestors in Egypt, so too will Egyptian demonstrations motivate rebellion in Syria. The truth behind this piece of street wisdom is far from clear, with analysts saying that quite the opposite is closer to the reality. Certainly Syrian President Assad feels confident that his people are satisfied with his… Continue Reading
Syria Shuts Down Internet as Fear of Internal Unrest Rises
As unrest in Arab countries continues to spread from Tunisia to Egypt, governments are cracking down on one of the chief ways activists have been organizing their protests, and that is by shutting down the internet. Syria joined Egypt in disrupting its internet service as a pre-emptive action. By such a move the Syrian leadership… Continue Reading
Rioting Continues in Tunisia, Algeria Joins Protest
As riots continue to rage in Tunisia, the neighboring North African country of Algiers joined in with riots of their own, leaving 18-year-old Azzedine Lebza dead as the first casualty, another two dead and as many as 800 injured. The riots have been continuing for the past three weeks in Tunisia, inspired by widespread economic… Continue Reading