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Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
Putin’s turnaround: Russian leader to abstain from BRICS summit in South Africa
In a surprising turnaround, South Africa’s presidency announced on Wednesday that, in the end, Russian President Vladimir Putin will not personally attend the BRICS summit in South Africa in August. In March, the International Criminal Court (ICC) issued an arrest warrant for Putin for alleged war crimes involving accusations that Russia has forcibly taken Ukrainian […]
Morocco: Illegal migration attempt foiled in Tangier, 25 Sub-Saharans arrested
The Tangier Police foiled, early Saturday morning, an illegal immigration attempt and arrested 25 individuals from sub-Saharan African countries. According to a statement from the National Police (DGST), the suspects were arrested at a checkpoint at Tangier’s entrance, immediately after their arrival on board a public transport bus in possession of 36 artisanal iron objects, […]



