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Tag: OPEC
IMF Urges MENA Countries to Diversify Economy
The International Monetary Fund has urged countries of the Middle East and North Africa to diversify their economies and implement policies that support jobs and ... Read More
Morocco Makes Major Strides in Economic liberalization (Report)
Morocco continues to make notable progress in economic liberalization, according to 2017 Index of Economic Freedom created by the Heritage Foundation and Wall Street Journal. ... Read More
Algeria: Soaring Food Prices Fuel Popular Resentment
Anger and frustration are mounting in Algeria following the unprecedented increase in all food prices that hits badly the consumers in the OPEC member country. ... Read More
Brussels Denounces Algerian Restrictive Measures on Trade
The European Union (EU) has denounced "restrictive measures imposed on bilateral trade" without prior consultation with the EU, says a report released on the occasion ... Read More
Washington Continues to Advise Against Travel to Algeria
The U.S government continues to warn its citizens against travel to southern and eastern Algeria, as well as isolated parts of the Kabylie region, due ... Read More
Algeria: Snowfall Adds Misery to Repression & Corruption
Several Algerian villages in the central and eastern regions of the North African country, member of the OPEC, have been isolated by snow, adding more ... Read More
Algerian Pupils Shivering from Cold in their Oil & Gas Producing Country
Algeria, the first African producer of natural gas and member of OPEC cartel, is still unable, after 50 years of independence, to provide heating to ... Read More
Algeria’s Trade Deficit Widens as Low Oil Prices Continue
The drop in oil prices has taken a heavy toll on Algeria’s budget revenues with the trade deficit expanding to 15.8 billion dollars as of ... Read More
Can the Saudis Use Their Leverage to Repair Moroccan-Algerian Ties?
Many political analysts are wondering whether there is currently a Saudi mediation to heal relations between Algeria and its neighboring Morocco as top Algerian officials ... Read More
Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says
The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is ... Read More