Finland

Algeria bent on buying social peace at expense of undermining economy

Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]

Protectionism and state control keep Algeria out of WTO and global markets

Algeria’s three‑decade journey toward joining the World Trade Organization has become a case study in strategic hesitation and economic stagnation. The committee examining Algeria’s admission to the WTO was created in 1987 and last met in 2014. This freeze reflects not just bureaucratic complexities but also indicates how Algeria is falling behind in terms of […]

Morocco, Mauritania seal industrial cooperation deal in metallurgy & mechanical engineering

Morocco and Mauritania signed an agreement to deepen industrial cooperation in the metallurgy, mechanical, and electromechanical sectors. The deal was signed in Nouakchott on Wednesday by Abdelhamid Souiri, President of the Moroccan Federation of Metallurgical, Mechanical and Electromechanical Industries (FIMME), and Nagi Ichidou, President of the Mauritanian Federation of Industry, Mines and Energy (FIME). It […]