REGIS IMMONGAULT WILL TELL US THAT THE ANALYSTS OF BAD ARE WRONG IN THEIR CALCULATIONS. REGIS IMMONGAULT VA NOUS DIRE QUE CE SONT LES ANALYSTES DE LA BAD QUI SE TROMPENT DANS LEURS CALCULS



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VEOLIA AGAINST ALI BONGO: GOING TO COURT. VEOLIA CONTRE ALI BONGO : DIRECTION LE TRIBUNAL

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English version
According to La Lettre du Continent, the termination of Veolia's contract in Gabon should move towards business courts.
The legal argument that Veolia will use is that the Gabonese state has lacked planning and public policies, and has stranded SEEG financially by not paying its obligations amounting to 36 billion CFA francs (54 million €).
To be continued.



Traduction française
D’après La Lettre du Continent, la résiliation du contrat de Veolia au Gabon, devrait s’acheminer vers les tribunaux d’affaire.
L’argument juridique que va utiliser Veolia est que l’Etat gabonais ait manqué de planification et d'orientations publiques, et a asphyxier financière la SEEG en ne payant pas ses obligations s’élevant à ce jour à 36 milliards de francs CFA (54 millions €).
Affaire à suivre donc.
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THE PARIS CLUB IS PURPORTED TO HAVE ISSUED A PAYMENT ULTIMATUM TO ALI BONGO, THUS THE IMF RECENT VISIT TO GABON. LE CLUB DE PARIS AURAIT LANCÉ UN ULTIMATUM DE PAIEMENT À ALI BONGO, D’OÙ LA RÉCENTE VISITE DU FMI AU GABON

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A British publication reveals today that the Paris Club has warned Ali Bongo about paying his debts to them.
First, what is the Paris club?
It is a group of official creditors whose role is to lend money to debtor countries. Usually, the Paris Club creditors provide debt treatments to debtor countries in the form of rescheduling, which is debt relief by postponement or reduction in debt service obligations during a defined period. The Paris Club was created in 1956 when Argentina agreed to meet its public creditors in Paris. Since then, the debt treated in the framework of Paris Club agreements amounts to a total of $ 583 billion.
Regarding Gabon, the Paris Club is said to be threatening to derail Ali Bongo's government's delicate balancing act of trying to manage its foreign debt. The creditors have issued an ultimatum demanding payment of arrears by 10 November 2017. This threat was issued during a meeting that took place on 20 October 2017. Gabon must pay all …
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AN INTERESTING ARTICLE ABOUR WHAT IS GOING ON IN GABON. UN ARTICLE INTERESSANT SUR CE QUI SE PASSE AU GABON

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A Court Ruling to Dismantle Gabon’s Government Is an Unexpected Gift for Bongo
World Politics Review
By Robbie Corey-Boulet | Thursday, May 10, 2018

Last week, a significant number of Gabon’s top politicians suddenly found themselves out of work. On April 30, the country’s Constitutional Court delivered a surprise ruling that dissolved the National Assembly, the lower house of Gabon’s parliament, and called for the government to step down. Prime Minister Emmanuel Issoze-Ngondet complied the next day, issuing a letter of resignation on behalf of himself and his ministers.
At first glance, the ruling appeared to be a straightforward rebuke of the government’s failure to hold legislative elections, which are now nearly 18 months overdue. “It is clear that the government has not been able to fulfill the tasks assigned to it,” Marie-Madeleine Mborantsuo, the president of the Constitutional Court, said in a statement 
But upon closer inspection, the situation becomes murkier, as i…
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