Gas bonanza may help Algeria gain time to delay catastrophe, but for how long?

Algeria has announced painful reforms including subsidies cuts on which the social peace hinges to try to save its crumbling finances, but all the reforms have vanished as the oil and gas bonanza offer the regime space to gain time and delay reforms as the country heads straight to economic collapse. Before the Russia-Ukraine war […]

Morocco tops Maghreb region, Algeria lags in economic freedom- Fraser Institute

Morocco was ranked the most economically free country in North Africa, while its gas-rich neighbor took the backseat regionally and internationally, the Fraser Institute said. The 2022 World Economic Freedom Report includes an index measuring the degree to which the policies and institutions of countries are supportive of economic freedom Out of 165 countries, Morocco […]

Libya: Charities Put Rescue Operations at Sea on Hold

Several NGOs rescuing migrants off Libya’s coasts have suspended operations because of security threats from Libyan coastguard whom they accuse of firing at their ships. Germany-based Sea-Eye has joined Save the Children and halted its interventions in international waters to save migrants crossing the Mediterranean to reach Europe’s southern coast. The charity said it made […]