Libya’s central bank reports January-February revenue and expenditure figures amid economic challenges

Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]

US lowers diplomatic representation level in Algiers

The United States has opted to appoint a chargé d’affaires rather than a full ambassador to succeed Ambassador Elizabeth Aubin, a decision that sends a clear signal about the current state of bilateral relations between Washington and Algiers. Mark Schapiro, appointed by Trump, has been selected to head the US diplomatic mission in Algeria. He […]

Algeria’s decision to cut diplomatic ties with Morocco described as derisory, hasty, and harmful to Maghreb Unity

Algeria’s unilateral decision to severe diplomatic relations with Morocco has been deplored by several countries, international organizations and analysts as harmful to the interests and stability in North Africa. In this context, the French government had expressed its regret over the Algerian hasty decision, calling for restraint and a return to dialogue, urging Algeria to […]