The euro surged to a new historic high on Algeria’s black market in November, trading at up to 27,450 dinars for a 100-euro note, marking a deepening pressure on the informal currency exchange system. Buyers are offering between 27,050 and 27,150 dinars, widening the gap between buying and selling rates, Algerian outlet Maghreb Emergent reported. […]
Moroccan and Japanese foreign ministers reaffirmed in the strongest terms their denunciation of Tunisia’s unilateral invitation of the Algeria-backed Polisario entity to the Japan-Africa summit TICAD last Month. The two ministers who had talks via video conference Friday highlighted the strength of the two countries’ political and economic ties, Morocco’s foreign ministry said in a […]
A recent so-called “academic” meeting in Tindouf between senior Iranian officials and Polisario separatists has lifted the veil on the troubling reality of ties in the open between the Polisario, Iran, and Hezbollah forged in full connivance with Algeria. But can a drowning man save another from sinking? This question looms large as the Maghreb […]
