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MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025

Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]

Erdogan threatens Europe with floods of Syrian refugees in face of lack of endorsement

Turkish President Thursday threatened to let millions of Syrian refugees in his country to head to Europe after France, Germany and several other countries criticized the Turkish army offensive in Northeastern Syria and described it as an invasion. Ankara would allow millions of refugees to head to Europe if the bloc insists on its baseless […]

Algeria: Soaring Food Prices Fuel Popular Resentment

Anger and frustration are mounting in Algeria following the  unprecedented increase in all food prices that hits badly the consumers in the OPEC member country. The prices of some products have become up to 1,000 pc more expensive because of speculation and structural problems. For example, garlic prices went up from 200 dinars ($ 1.8) […]