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Algeria Continues to Reel under Impact of Oil Prices Fall-IMF

Despite a sizable fiscal consolidation in 2017, the fiscal and current account deficits remain large in Algeria, which continues to face important challenges posed by the fall in oil prices four years ago, the IMF said. The fall in oil revenues was mostly felt in Algeria’s reserves which fell by $17 billion to $96 billion […]

Tunisia Denies Foreign Military Base Reports, Asks for Millions in Support

The Speaker of the Tunisian parliament, Mohammed Ennaceur, denied reports that Tunis has approved the deployment of a military base in the country after it was designated as a major non-NATO ally of the US by President Obama. Speaking to Russia Today, Ennaceur claimed the reports are “not true” because “there are no such plans.” […]

Libya: Italian, Greek Prime Ministers on official visit

After the visits of several Ministers of Interior and Foreign Affairs and the visit of the head of the European Council last week in Tripoli, the Italian and Greek Prime Ministers paid an official visit to Libya on Tuesday April 6 to discuss with the new Libyan executive economic and security issues as well as […]