Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]
General Mamadi Doumbouya, Guinea’s transitional president, used his New Year’s address, to reaffirm a commitment to restore constitutional order. He announced that in the first quarter of 2025, his administration will sign a decree to organize a referendum on a new constitution. This pledge represents the latest milestone in Guinea’s ongoing transition following the 2021 […]
Egypt Wednesday informed the United States it was withdrawing from the US-led military NATO-style initiative being planned in the Arab world in view of countering Iran’s influence in the region. Egypt’s decision was revealed a day after President Fattah al-Sisi visited US leader Donald Trump in the White House. The withdrawal deals a blow to […]
