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Algeria risks economic decline as barrel drops below $60

The already fragile economic and financial conditions in Algeria are expected to worsen as oil, the country’s main export, drops below $60 per barrel. Oil markets plunged following Trumps tariffs that triggered fears of a global slowdown and reduced demand for oil and gas, whose prices have also declined. Oil and gas represent the bulk […]

COVID-19: Tunisia records 16 new cases after declaring victory over pandemic

The Tunisian Health Ministry Tuesday announced that 16 new covid-19 cases have been reported on June 15, a day after Prime Minister Elyes Fakhfakh declared victory over the pandemic. The 16 infection cases have been detected out of 558 conducted screening tests including 8 as part of monitoring active cases. The health ministry said 15 […]

Tunisia to demand compensation for intervention operation for sunk tanker

Tunisia’s Environment Minister Leila Chikhaoui said Sunday the North African country will demand compensation for intervention operations after Xelo tanker sank in the Gulf of Gabes, with 750 tons of diesel fuel in its tanks. Xelo, navigating with Equatorial Guinea flag and hailing from the Egyptian port of Damietta to Malta, sank Saturday morning in […]