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Algeria’s Foreign Reserves Shrink to $112 Bln
In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign exchange reserves, which currently stand at $112 billion. As Algeria’s revenues continue to be battered by the slump in oil prices, Sellal, who was speaking in Annaba at a meeting […]
Brussels Proposes Amendment to EU-Morocco Fisheries Agreement with Extension to Sahara
The European Commission adopted on Wednesday a proposal for a Council decision to authorize it to negotiate with Morocco an amendment to the current Fisheries Partnership Agreement and a renewed protocol that includes the Sahara. “The objective is to preserve and further develop the fisheries partnership between the EU and Morocco, by concluding an agreement […]
Barrick Gold waves production halt in Mali due to regulatory dispute
Barrick Gold, the second largest gold mining company globally, said it mulls stopping production at its mine in Mali if the ban on shipments was not lifted. The company made the threat in reaction to measures by Bamako authorities to renegotiate the permit in order to have a bigger share of operations in the gold […]



