Italian former defense minister mario Mauro

Algeria: Government Bars UN Experts from Probing Human Rights Abuses, AI

Amnesty International lashed out at Algerian authorities in its human rights annual report presented Wednesday because of their persistent refusal to let UN experts investigate human right abuses and because they granted immunity to the authors of the grave crimes and tortures cased during the internal bloody war of 1990s. “The authorities persisted in their […]

‘Historical reversal’: World Bank warns of widening gap between poorest and wealthy nations

One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, according to a new report released by the World Bank. The report unveiled this week […]

Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]