russian weapons

IMF Expresses Concern over Impact of Lower Oil on Algerian Economy

“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, says the International Monetary Fund (IMF). Inflation increased from 4.8 pc in 2015 to 6.4 pc in 2016 and stood at 8.1 pc year-on-year in January 2017. As to unemployment, […]

Mauritania seeks closer economic ties with Morocco

Mauritania and Morocco held their 8th High Joint Commission, during which officials from the two countries voiced strong willingness to unlock bilateral cooperation prospects. The event was co-chaired by the head of the Moroccan government, Aziz Akhannouch, and the Mauritanian Prime Minister, Mohamed Ould Bilal in Rabat Friday. Speaking at the opening of the event, […]

Militia group seizes power in Libya, cancels Dec. 24 elections

A powerful militia group in the Libyan capital Tripoli seized power on Wednesday night and cancelled the scheduled Dec. 24 elections, reports say. Forces belonging to Al-Samud brigade have taken control of the headquarters of the ministry of defense and the Presidential Council (PC), Tunisie Numerique reports citing local TV Al Ghad. “Presidential elections will […]