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Algeria: $58 billion of Foreign Exchange Reserves Lost in 2 Years

Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]

US-led Sahara talks expose Algeria’s underlying border fears

As the US leads efforts to facilitate negotiations on the Sahara on the basis of the Moroccan autonomy plan, Algeria’s diplomatic posture is shifting in ways that reveal deeper strategic anxieties about its quest to keep the status-quo of unjust colonial borders drawn to the detriment of Morocco. Beyond the status of the Sahara territory, […]

Outcry in Algeria as Ailing President Braces to Run for Fifth Term

Prominent Algerian politicians and intellectuals expressed outcry as the Algerian regime prepares a fifth term for ailing Algerian President Bouteflika who is confined to a wheelchair for years and is unable to speak intelligibly. A letter has been issued calling on Bouteflika to refrain from running for a fifth term in order to enable Algeria […]