Libya
How cheap electricity made Libya attractive to bitcoin miners
Libya’s extremely cheap, government subsidized electricity has made the country an attractive place to mine Bitcoin, helping trigger a surge in large and small scale operations.
A strike halted transport services across Tunisia on Wednesday, as workers demanded higher wages, improved working conditions and urgent reforms, adding to pressure on President Kais Saied to deal with a deepening economic crisis.
The UGTT union's three-day strike disrupted daily life in both major cities and rural areas © Mena Today
A strike halted transport services across Tunisia on Wednesday, as workers demanded higher wages, improved working conditions and urgent reforms, adding to pressure on President Kais Saied to deal with a deepening economic crisis.
Tunisians have for years endured poor public services, especially in the health, transportation, and education sectors, due to weak funding and public investment, along with frequent interruptions in drinking water and electricity supply.
Saied, who has tightened his grip on power since 2021, blames what he calls conspirators seeking to undermine the state and fuel social tensions.
The UGTT union's three-day strike disrupted daily life in both major cities and rural areas.
Metro stations in Tunis were deserted and buses at a standstill forcing commuters to use private cars, taxis and unlicensed motorcycle taxis.
“We are suffering. There is no transportation, no jobs for us, and everything is getting more expensive and worse,” said a young man named Ayman Amiri, in the capital, as he waited in vain at a bus stop.
The transport union, which said the strike was 100% successful on its first day, said the transport sector was collapsing.
The Ministry of Transport said the union's financial demands were unfair and could not be met until the revenues of public transport companies improved. It also said the purchase of hundreds of buses from China and Europe over recent months would improve services.
By Tarek Amara
Libya’s extremely cheap, government subsidized electricity has made the country an attractive place to mine Bitcoin, helping trigger a surge in large and small scale operations.
Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.
Egyptian Prime Minister Mostafa Madbouly reaffirmed the depth of the historic and fraternal relations between Egypt and the United Arab Emirates, stressing ongoing coordination at all levels.
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