A New Perspective on Constantine

(Worthy News) – Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.

Customs data shows that the UAE imported $15.1 billion worth of gold from Africa in 2016, more than any other country and up from $1.3 billion in 2006. The total weight was 446 tonnes, in varying degrees of purity – up from 67 tonnes in 2006.

Much of the gold was not recorded in the exports of African states. Five trade economists interviewed by Reuters said this indicates large amounts of gold are leaving Africa with no taxes being paid to the states that produce them. [ Source: Reuters (Read More…) ]

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(Worthy News) – The speaker of Lebanon’s parliament said Tuesday that Beirut is prepared to demarcate its maritime border with Israel, a move that could resolve an ongoing oil and gas dispute between the two neighboring countries, which are still technically at war.

Speaker of the parliament Nabih Berri told the head of the UN peacekeeping force deployed to southern Lebanon that “we are ready to draw Lebanon’s maritime borders and those of the Exclusive Economic Zone using the same procedure that was used to draw the Blue Line under the supervision of the United Nations,” according to Lebanon’s National News Agency.

The Blue Line is the land border between Israel and Lebanon as drawn by the UN after Israel withdrew from Lebanon in 2000. Beirut disputes part of the border, and claims an area known in Israel as Mount Dov and in Lebanon as the Shebaa Farms. [ Source (Read More…) ]

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