As consultations are still ongoing to form a new government in Algeria in a bid to address the wrath of the people standing against the extension of President Bouteflika’s term that the protesters call a “fourth term bis”, the Bouteflika clan must face another front of “resistance” from within. Actually, 72 high dignitaries of the […]
The UN Spokesperson has categorically refuted the allegations propagated by the Polisario and Algerian media saying that Morocco mobilizes troops in preparation for a breach of the 1990 cease fire agreement in the southern provinces, the Sahara. In a desperate attempt, the Polisario claimed that the launch by Morocco’s security forces of a combing operation […]
Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
