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Benghazi, Libya (PANA) - The Pan-African Parliament (PAP) has discussed the upcoming Afro-European Summit scheduled in Angola between the African Union (AU) and the European Union (EU).A tripartite committee of PAP chaired by Libyan MP and member of the Committee on Cooperation and International Relations, Salem Guanan, chaired the meeting [...]

thread Politics (183 words)

Kuwait City, Kuwait (PANA) – IMF Managing Director Kristalina Georgieva this week addressed the annual Meeting of the Ministers of Finance and Central Bank Governors of the Gulf Cooperation Council (GCC) in Kuwait.Assalamu alaikum! Ministers, Governors, and GCC Secretary General. I am pleased to be back for the Annual GCC [...]

thread Economy (1663 words)

Washington, DC, USA (PANA) – The International Monetary Fund (IMF) Executive Board has approved the appointment of Mr. Dan Katz as First Deputy Managing Director, with an effective start date of 6 October. In a statement, the Board said that IMF Managing Director Kristalina Georgieva proposed his appointment on 19 September, [...]

thread Economy (360 words)

Washington, DC, USA (PANA) - Exchange-rate effects drove nearly all the decline in the US currency’s share of foreign exchange reserves.Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the [...]

thread Economy (650 words)

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued by the Bank of Tanzania.Currency                   Buying      SellingBurundi Franc           0.8225      0.8307Euro                            2,856.8859        2,885.4547British [...]

thread Economy (94 words)

Kinshasa, DRC (PANA) - For people in eastern Democratic Republic of the Congo (DRC) exhausted by years of conflict, the United Nations envoy for the country said she understands their impatience but urges them “not to lose hope” as the Congolese government, the UN and the international community are “determined” [...]

thread Politics (778 words)

Port Sudan, Sudan (PANA) - The UN’s top humanitarian official in Sudan has warned of an impending catastrophe in Darfur, with civilians facing relentless violence, sexual abuse and starvation.All this, while aid convoys remain blocked from reaching hundreds of thousands trapped close to the frontlines and as the military government [...]

thread Society (518 words)

Mogadishu, Somalia (PANA) - The UN World Food Programme (WFP) warned on Friday that millions in Somalia are at risk of worsening hunger and malnutrition as critical funding shortfalls force the agency to cut back on life-saving emergency food assistance. “We are seeing a dangerous rise in emergency levels of hunger, [...]

thread Society (419 words)