United States | Tags | Econostrum | Economic News in the Mediterranean

Israel supports a two-state solution to its conflict with Palestine

09/23/2022 | Society / Institutions

ISRAEL / PALESTINE. Speaking at the United Nations in New York during the 77th session of the United Nations General Assembly, the Israeli Prime Minister spoke out in favor of "an agreement with the Palestinians, based on two states for two peoples.

Lebanon will be able to extract its own natural gas

09/20/2022 | Industry

LEBANON / ISRAEL. Negotiations on maritime boundaries between Lebanon and Israel are expected to end soon with an agreement allowing Beirut to extract natural gas from an offshore field.

Air France-KLM in the front row for the privatization of the ex-Alitalia which became ITA Airways

09/01/2022 | Society / Institutions

ITALY / FRANCE / UNITED STATES. The Italian Ministry of Economy opened exclusive negotiations with the American investment fund Certares, associated with the airlines Air France-KLM and Delta Air Lines, for the partial takeover of ITA Airways.

Serbia and Kosovo partially defuse their conflict

08/30/2022 | Society / Institutions

SERBIA / KOSOVO. Reason has finally prevailed, at least temporarily, in the feud between Serbia and Kosovo. Belgrade and Pristina have reached an "agreement on freedom of movement".

Albin Kurti, Aleksandar Vučić, Belgrade, Brussels, European Commission, European Union, Josep Borrell, Kosovo, Kosovo-and-Metohija, Miroslav Lajčák, Nato, Pristina, Serbia, UN, United States

The European Commission paves the way for a youth smoking ban in 2030

08/26/2022 | Society / Institutions

EU. The European Commission has registered a citizens' initiative called "Call for a smoke-free environment and the first smoke-free European generation by 2030".

The euro now trades at less than a dollar

08/23/2022 | Society / Institutions

EU. For the first time since its introduction in January 2002, the euro has fallen below the dollar. At the close of business on Monday 22 August 2022.

Croatia, dollar, ECB, EU, euro, euro area, European Central Bank, European Union, Fed, hydrocarbons, Isabel Schnabel, Jerome Powell, Nord Stream 1, Ukraine, United States, US Federal Reserve

Sonatrach, Occidental Petroleum, Eni and TotalEnergy to drill 100 oil wells together in Berkine

07/20/2022 | Industry

ALGERIA / ITALY / FRANCE. The Algerian Sonatrach signs a "production sharing" contract with the American Occidental Petroleum, the Italian Eni and the French TotalEnergies.

Lebanon to import gas from Egypt to fuel its power plants

06/20/2022 | Society / Institutions

LEBANON / EGYPT. Lebanon is to sign an agreement described as "definitive" to import gas from Egypt and solve electricity shortages that have plagued the country for years.

Bretton Woods, EDL, Egypt, electricity, electricity of Lebanon, fuel, Jordan, Lebanon, Syria, United States, Washington, World Bank

North Macedonian SMEs to benefit from €4m green loans

06/01/2022 | Society / Institutions

NORTHERN MACEDONIA. The European Bank for Reconstruction and Development has granted a €4m credit line to Stopanska Banka.

Diomidis Nikoletopoulos, EBRD, European Bank for Reconstruction and Development, Luxembourg, National Bank of Greece, Northern Macedonia, Norway, Odile Renaud-Basso, Skopje, Sme, United States

Tensions between Turkey and Greece lead to a breakdown in dialogue

05/25/2022 | Society / Institutions

TURKEY / GREECE. Turkish President Recep Tayyip Erdogan has decided not to speak to Greek Prime Minister Kyriakos Mitsotakis after he asked the Americans not to deliver F-16s to Turkey.

Aegean Sea, Alexandroupolis, Ankara, Athens, Chios, European Union, F-16, Greece, Kyriakos Mitsotakis, migrants, NATO, North Atlantic Organisation, Recep Tayyip Erdogan, Samos, Tanju Bilgich, Turkey, Ukraine, United States

Five Mediterranean countries in the top 20 of world military spending

05/03/2022 | Society / Institutions

MEDITERRANEAN. World military spending has reached $2.1 trillion in 2021, an all-time record to which Mediterranean countries have contributed $150 billion.

Morocco and Spain officially end diplomatic crisis between the two kingdoms

04/08/2022 | Society / Institutions

MOROCCO / SPAIN. After almost a year of crisis, the time has come for Spain and Morocco to return to more friendly relations and a consolidation of bilateral cooperation beneficial to both countries.

The French specialist in technical textiles buys its Italian counterpart NT Majocchi

04/07/2022 | Industry

ITALY / FRANCE. Based in Saint-Chamond in the Loire, the French specialist in technical textiles for the personal protection markets acquires the Italian NT Majocchi and doubles in size.

Jean-Emmanuel Roux de Luze: "Turkey is playing the NATO card in the Ukrainian conflict"

04/05/2022 | Society / Institutions

MEDITERRANEAN. On the occasion of an intervention during the 11th International Meeting of Cybèle, organized in Marseilles on March 31 and April 1, 2022 by the association Euromed-IHEDN, the rear-admiral Jean-Emmanuel Roux de Luze, deputy to the Commander of the Mediterranean maritime zone (CECMED), specifies the consequences of the war in Ukraine for the French Navy.

CECMED, Greece, Jean-Emmanuel Roux de Luze, Latakia, Mediterranean, NATO, Navy, Russia, Syria, Tartus, Turkey, Ukraine, United States, Vladimir Putin

Israel wants to quadruple its economic exchanges with Morocco

02/22/2022 | Society / Institutions

ISRAEL / MOROCCO. New step in the normalization of relations between Morocco and Israel with the signing of an economic cooperation agreement providing for the creation of qualified industrial zones with the United States.

Algeria, Casablanca, Donald Trump, economic cooperation, El Al, Israel, Morocco, Nadia Fettah, Orna Barbivai, Rabat, Royal Air Maroc, Ryad Mezzour, Tel Aviv, United States

Libya will have to postpone the date of the presidential election again

01/06/2022 | Society / Institutions

LIBYA. Scheduled for 24 December 2021 and then postponed, two days before the vote, by the High National Electoral Commission to 24 January 2022, the Libyan presidential election seems once again compromised by the impossibility of finding a political consensus.

Abdel Hamid Dbeibah, Abdulah al-Lafi, Fawzi al-Nuwairi, France, HNEC, Imad al-Sayeh, Italy and Germany, Khalifa Haftar, Libya, Libya politics, Libyan High National Electoral Commission, Mohammed al-Menfi, Moussa al-Koni, Presidential Council Libya, Saif al-Islam, Stephanie Williams, Tobruk, United Kingdom, United States

Italy restricts entry to its territory for the holiday season

12/16/2021 | Society / Institutions

ITALY. The Italian Ministry of Foreign Affairs and the Republic of San Marino have decided to tighten entry requirements for the holiday season.

Western Sahara: An Algerian-Moroccan condominium as a political solution to the fifty-year old conflict

12/07/2021 | Reflections

For forty-six years, the realisation of the Greater Maghreb has been blocked by the absence of a diplomatic solution concerning Western Sahara, a...

Italy and Spain overtake France on the world wine podium

11/09/2021 | Environment

WORLD. World wine production in 2021 is expected to be 4% lower than in 2020 with 250 million hectolitres. The top three producers, Italy, Spain and France, are particularly affected.

Europe and the Maghreb lag behind in renewable energy jobs

10/26/2021 | Society / Institutions

EUROPE / MAGHREB. The latest study by the International Renewable Energy Agency, carried out in collaboration with the International Labour Organisation, reveals that twelve million employees work in renewable energy.