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From Fiscal Abyss, To Fiscal Cliff, To Deal?

AFRICANGLOBE - During the 2012 campaign President Obama told the electorate that he would raise taxes on those making over $250K in order to generate much needed revenues and avoid going over the fiscal cliff. President Obama won reelection with a convincing margin; some would say a mandate even though Republicans still control the House.

Accused Rapist Dominique Strauss-Kahn Settles With His Accuser

AFRICANGLOBE - When a settlement ended the last legal fallout from the sexual assault allegation that sank his political career,Dominique Strauss-Kahn kept his distance. The...

China Grants U.S.$1.4 Billion Railway Loan to Ethiopia

AFRICANGLOBE - Ethiopian officials have succeeded in winding up a deal with their counterparts in China that involves a 1.4 billion dollars in loans,...

Report: ‘Progress’ Made on Fiscal Cliff

AFRICANGLOBE - Dire headlines about the ongoing "fiscal cliff" debate might give the impression that the country is destined for a harrowing economic jolt....

Fiscal Cliff Approaches as Republicans Reject Obama’s Plan

AFRICANGLOBE - So much for those post-election hopes that the parties would reach a deal to avoid the looming fiscal cliff. Leading Republicans have...

Jesse Jackson Jr. Likely to Resign From Congress, Looking at Prison...

Rep. Jesse Jackson Jr., who is battling legal troubles and mental illness, is likely to resign from Congress and face jail time under the...

Doubt Over Lasting Peace Between Two Sudan

As soon as the Sudanese and South Sudanese governments signed a deal on 27 September to secure their shared border and boost trade, the...

South Sudan Orders Oil Companies to Resume Production

South Sudan on Thursday issued an order instructing foreign and national companies involved in oil industry to immediately resume production and exports through the...

Mali to Get First Gold Refinery In $58m Deal

Swiss Bullion Company and Malian enterprise PAMBC have announced plans to build Mali’s first gold refinery, in a project to cost $58 million. Details of...

No Break-Through in Talks Between S.Sudan and Sudan

South Sudan's President Salva Kiir and his northern counterpart Omer Al-Bashir decided to continue direct talks on security and disputed areas for the third...

Egypt Denies Deal With Sudan to Attack Ethiopian Dam

An Egyptian official has emphatically denied what his government defined as "allegations" that his country had reached an agreement with neighboring Sudan to use...

South Sudan and Sudan Presidents Continue Talks in Ethiopia

South Sudan and Sudan's presidents ended Sunday evening a first round of talks without announcing a deal as they are expected to meet again...

The Devil Is in the Detail With the New Sudan and...

Global Witness has welcomed the announcement of an oil deal reached by South Sudan and Sudan, while stressing the need for the final text...

South Sudan and Sudan Reach Deal Over Oil Transportation Fees

South Sudan and Sudan have reached a deal on oil transportation fees, the African Union chief mediator announced Friday in the Ethiopian capital where...

Nigeria and Egypt Sign Trade Deal

Nigeria and Egypt have signed trade and investment deals to boost their relationship, a statement from the Standard Organisation of Nigeria (SON) said. The memorandum...

Stalled Sudans’ Talks Dash Hopes of Possible Agreement Before 2 August

Hopes ,even for, a partial agreement over the outstanding issues evaporated Sunday when the Sudan and South Sudan negotiators failed to reach an agreement...
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