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Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]

Algeria: opposition parties calling for a unified boycott

Algerian President Abdelaziz Bouteflika’s decision to run for a fourth term was not received well by the opposition who argue that his ailing health condition and 15-year rule are reasons enough for him to step down. 76-year-old Bouteflika suffered a mini-stroke last year after which he has made rare public appearances. Some opposition leaders declare […]

France: Hollande vs Sarkozy, a Remake for 2017 Presidential Elections?

Tendency to see incumbent president Francois Hollande and his 2012 rival Nicolas Sarkozy contesting the seat of president of the French republic next year seems to creep around French politics as staunch supporters of the two rivals push for the bout. Nicolas Sarkozy this week announced his intention to vie for presidency next year. The […]