unemployment rises

Debunking the Disgraceful Statements of Algeria’s FM against Morocco

The arrogance and antagonism of the henchmen of the military regime in Algeria make them myopic to the fast evolving world around them. The recent statements by Algeria’s foreign minister, Abdelkader Messahel, who claimed that Moroccan banks and flag carrier (Royal Air Maroc) are making success in Africa because they are using drug money, come […]

Qatar bank seeks U.S. enforcement of $1bn arbitration award against South Sudan

Qatar National Bank (QNB) has petitioned a U.S. federal court to enforce a $1.02 billion arbitration award against South Sudan, stemming from an unpaid wartime loan originally intended to stabilize the fledgling nation’s economy. Filed in the U.S. District Court for the District of Columbia, QNB’s request asks the court to treat the International Centre […]

Tunisia : Algeria becomes Tunisia’s ‘big brother’

Tunisia’s financial and economic woes have reached worrying stages forcing the government to curb its expenses. The state will be reducing the salaries of its employees. Algeria will be buffing up the coffers of the Tunisian Central bank foreign currency reserves, offer loans and grants that it will help to cover the expenses of the […]