Guinea-Bissau president flees to Senegal
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Why is Senegal squaring up to the International Monetary Fund?
Senegal is resisting an IMF-recommended debt restructuring, but support from the Fund is critical for its recovery.
United Airlines confirmed this week that it will end service from Washington, D.C., to Dakar, Senegal, and from Newark to Stockholm.
Senegal's economy is 13.5% larger and its debt ratio slightly better after the government updated the base year used to calculate its economic output, the statistics office said.
Soldados de Guinea-Bisáu anunciaron el jueves un nuevo líder de la junta, consolidando una toma de poder por la fuerza que comenzó después de la elección presidencial de esta semana y que llevó al depuesto presidente Umaro Sissoco Embaló a partir hacia el vecino Senegal.
As negotiations between Dakar and the IMF stall – and tensions rise at the apex of the state – Senegal’s euro- and dollar-denominated bonds are tumbling, illustrating investors’ growing mistrust of the country.
The International Monetary Fund wants Senegal to restructure its debt but the West African country is resisting such a move because it would be "a disgrace," Senegalese Prime Minister Ousmane Sonko has told a rally in the capital Dakar.
Boeing has reached an agreement with Air Senegal to purchase nine 737 MAX jets, in what is the largest aeronautical contract in Senegal's history.