Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]
Burkina Faso’s government has expelled the United Nations’ top official in the country, Carol Flore-Smereczniak, following the publication of a report detailing grave violations against children amid the ongoing jihadist conflict. The country declared Flore-Smereczniak “persona non grata,” citing her involvement in the preparation of the UN report released in March. The document, which covered […]
German conglomerate and largest industrial manufacturing company in Europe, Siemens, has categorically rejected the blackmail orchestrated by the Algeria-backed Polisario to slur the group’s investments in the Moroccan Sahara, saying that its investment policy in the region will be maintained. The Polisario and its mentors, which sustained serious political and diplomatic setbacks in the UN, […]
