covid-19 Algeria

Two financiers of Moroccan fighters in Syria, Iraq arrested

Policemen arrested on Wednesday two brothers in Meknes for their alleged involvement in the illegal transfer of funds to Moroccan fighters in Syria and Iraq, National Police (DGSN) said Saturday in a statement. Investigations revealed that the two suspects had opened bank accounts to receive funds that they transfered to fighters in Syria and Iraq […]

Tunisia-Algeria: Tension at Border over New Tax

It seems that the Algerians are not happy at all about the decision made by their neighboring Tunisia to impose a 30 TD tax (about €13) on any Algerian wishing to enter the country with his vehicle. Tension at the border between the two countries is rising and there is no sign it is abating. […]

Inflation-hit Zimbabwe launches new gold-backed currency

Zimbabwe has finally launched a gold-backed currency to bring down inflation, ending a decade of dollarization. The new currency or Zig- standing for Zimbabwe Gold- is the latest attempt to end hyper-inflation in the country which lasted for 25 years. Zig is intended to be a market-determined exchange rate, said Zimbabwe’s central bank governor while […]