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Bleak Economic Outlook Bodes Ill for Algeria’s Stability

The stability of the Algerian regime has long rested on its generous handouts powered by its oil revenues. With the oil price plunge, and which is set to continue, the Algerian government is bracing for tougher times threatening to erode its social peace. The oil price slump, which started in 2014 dealt a heavy blow […]

Ivory Coast: bean shortage pushes cocoa exporters on verge of default

Cocoa exporters in Ivory Coast are on the verge of defaulting on their contracts due to a lack of beans and urgently need up to 150,000 tonnes to honor their commitments, according to industry sources. As the world’s top producer heads towards the end of its October-to-March main harvest, cocoa bean supply is tight, with […]

Tunisia: Islamic State group claims Tunisia barracks shooting

Hours after a Tunisian soldier went on a shooting rampage in a military barracks killing at least seven people before being shot dead, the Islamic State has claimed responsibility and identified the soldier as Mehdi Jaami. Tunisia’s Defense Ministry had earlier said that it was an “isolated act” and that the situation was under control, […]