gaza-conference

Algeria artificially inflates GDP with no impact on economic activity or living conditions

President Abdelmadjid Tebboune has set a headline-grabbing target of an Algerian gross domestic product set to surpass $400 billion by end-2027. State news agency APS quoted him saying the milestone would be reached “at the very latest,” a pledge he and allied outlets have reiterated since 2024. On paper, that would mean well over 50% […]

Fitch Affirms Morocco at BBB- Rating & Revises Outlook to Negative

Fitch Ratings has affirmed Morocco at ‘BBB-‘ rating and revised the Outlook on country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative. The global rating agency explained the negative outlook by the impact of the coronavirus pandemic on the Moroccan economy which will experience the sharpest GDP contraction in 25 years, besides a marked increase […]

Algiers accuses UAE of hostile acts without offering evidence

Algeria’s conspiracy theorists continue on a ridiculous trajectory taking aim this time at the UAE, whom they accused of hostile acts including supplying spy technology to Morocco and working together with Israel in the region. The Algerian military junta used Al khabar newspaper as a mouthpiece this time to spread the uncorroborated accusation against Abu […]