Report confirms economic and social impact for Romania of Gabriel Popoviciu’s Băneasa development

Băneasa

The positive economic and social impact of Gabriel Popoviciu’s urban development initiative in Northern Bucharest has been confirmed by a recent assessment spanning the 2005-2022 period. The Băneasa project is one of largest urban development projects in Europe of its time. Northern Bucharest was the natural location choice, due to it already being a fast…

Benin under the spotlight at the UN Human Rights Council; Rogatien Biaou speaks out

Rogatien Biaou

On Tuesday 27 September, the issues of human rights and political oppression in Benin were raised at the 51st session of the UN Human Rights Council in Geneva, composed of 47 member states, in which Benin is occupying a seat until 2024. An oral statement co-sponsored by two NGOs, CAP/ Liberté deConscience (France) and Human Rights Without Frontiers (HRWF) expressed…

Benin’s President faces human rights scrutiny on Paris visit

Patrice Talon, President of Benin, is visiting Paris to address MEDEF International’s France-West Africa Business Council tomorrow on Tuesday 30 August 2022. President Talon hopes to have an economic focus to his visit. However NGOs and human rights groups are voicing concerns over the regression that has taken place in Benin since 2016 in terms…

ESM Fulfils Funding Target

The European Stability Mechanism (ESM) completed its fourth quarter funding needs on Monday, raising the full €2 billion it had targeted The ESM issued a new €2 billion 0% bond maturing on 16 December 2024. The spread was fixed at mid-swaps minus 8 basis points, for a reoffer yield of -0.582% and a new issue…

What is Happening in the Ukrainian Energy Market?

Ukraine, like other European countries, is experiencing a crisis caused by the coronavirus pandemic. In the energy sector, this is reflected by a significant decline in electricity consumption. However, the situation is further compounded by an ongoing systemic crisis in the sector.  Even before the Coronavirus outbreak Ukraine’s energy sector was facing enormous challenges, with…

Counterfeit aero engines threaten international aviation security

Russian YAK-130

The Yak-130 combat training aircraft was designed by Yakovlev Design Bureau along with Italy’s Aermacchi, and production was launched in 2009 by the Irkut Corporation in Russia, writes John Buchan. One of the strengths of the plane was a Ukrainian designed AI-222-25 engine created by Ivchenko-Progress SOE. The engine was subsequently produced by Russia’s Salyut…