Over the past thirty years, the inhabitants of Moroccan Oriental province have enjoyed unlimited cross-border ‘trade’ in petrol with neighboring Algeria. All-purpose petrol smuggling has been thriving even though the border has been officially closed since 1994 due to the murder of two Spanish tourists, who were allegedly killed by Algerian extremists. The border crossing […]
The United States has unveiled a sweeping new tariff regime affecting 185 countries, including 51 African nations, with rates ranging from 10% to 50% depending on each country’s existing duties on American imports. Set to take effect April 5-9, these “reciprocal tariffs” represent President Donald Trump’s latest effort to address what he termed in an […]
IMF’s economic predictions for Algeria augur no growth for 2016 while forecast for 2017 signals further slump in the country’s economy with GDP expected to go down to 2.9 per cent, with payment balance estimated at 16.2 per cent of the GDP. 2016 predictions for growth of the Algerian economy according to the International Monetary […]
