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Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018
The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]
Morocco seizes 7 tons of cannabis in Casablanca
Moroccan authorities seized 7 tons of cannabis resin, locally known as Shira, in Casablanca, the central bureau for judicial investigations (BCIJ) said. The banned substance was concealed in a truck and two cars the BCIJ said, noting that the seizure is part of efforts to fight organized crime and international drug trafficking. BCIJ said that […]
Battled by Diplomatic Setbacks, Polisario Beats ‘Inaudible’ Drums of War
Algerian government mouthpiece, Algeria Press Service, and other pro-separatist websites have been inflating news regarding military exercises by the Polisario separatists, east of the berm in the region of Aouserd, as a sign of the militias’ readiness and capacity to wage war against Morocco. Following the diplomatic setbacks it has received- whether at the UN, […]



