Algeria’s wildfires kill at least 42 people in Kabylie region

Crisis-hit Algeria Earmarks 25% of its Budget to Defense

Despite announcing austerity measures to fend off an impending crisis, Algeria maintained its lavish spending on defense to which it earmarked 25% of its 2018 budget, that is equivalent to $10.4 billion. Whatever happens never reduce spending on arms. This seems the guiding principle of the military dominated Algerian state, which seems to turn a […]

Euro hits record high on Algeria’s black market amid currency crisis

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. […]

Algeria: Bouteflika strengthens power with crackdown on security officials

President Bouteflika seems to be solidifying his position, according to experts, by arresting several top security officials and by sacking or ordering the resignations of others with the help of his allies, amongst them the army chief of staff Ahmed Gaid Salah. The arrest of the anti-terrorism chief and the sacking of top officials in […]