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EU LONG STEEL OUTLOOK: Spring demand boost expected; regional pricing mixed - Metalbulletin.com
This has been attributed to a large price difference between European and domestic Algerian mills, which also have abundant stocks due to weak consumption from the domestic construction sector. “Demand from Algeria is silent. EU mills are trying to ...altro »
Algerian government slaps hefty fines on Christians transporting Bibles - ChristianToday
Nouredine Khalil and Belabbes Khalil, members of the Protestant Church of Algeria denied the charges, were found with the Bibles when authorities stopped their car in 2015 and were subsequently arrested. They deny the charges of proselytism, saying the ...
Algeria protects dinar as US dollar depreciates - The Arab Weekly
TUNIS - Algeria is artificially propping up the dinar to finance increased state spending in 2018 ahead of presidential elections. The move comes despite a spillover effect from the depreciation of the US dollar, which cancelled some of Algeria's gains ...
PwC to help SATIM with launch of e-banking scheme - Africa Intelligence
Global audit and consulting giant PwC has won a 65-million-dinar technical assistance contract from Societe d'Automatisation des Transactions Interbancaires et de Monetique (SATIM). SATIM, a consortium grouping seven public sector banks and Al Baraka ...altro »
Algeria resorts to 'easy money' to avoid IMF's conditional reforms - The Arab Weekly
TUNIS - The Algerian central bank is flooding the country with “easy money” to finance budget deficits and avoid borrowing from the International Monetary Fund (IMF), which would demand economic reforms. The Bank of Algeria pumped out $191 billion to ...
Yearender: Algeria strives to diversify economy to cope with financial crisis, monetary policy questioned - Xinhua
The government said it will print some 570 billion dinars (about 5 billion dollars) to help the Central Bank lend money to Public Treasury. But Algerian opposition parties and antagonists have criticized this plan, warning that printing money would ...
Cranking up the pressure - Qantara.de
The days when the Algerian government could buy a fragile social peace using billion-dollar revenues from oil and gas exports are over for the moment. This is because in view of the global market slump in crude oil and natural gas prices, Algeria's ...altro »
Algeria Plans First Wealth Tax to Cope With Financial Pressure - Voice of America
Algeria will implement a wealth tax for the first time next year as part of measures aimed at securing new sources of finance after a sharp fall in energy earnings, Prime Minister Ahmed Ouyahia said on Wednesday. State finances of the OPEC member North ...altro »
Algeria: Stop Persecuting a Religious Minority - Human Rights Watch
Authorities prosecuted the 266 Ahmadis under one or more charges: denigrating the dogma or precepts of Islam, punishable by a prison term of three to five years and a fine of up to 100,000 Algerian dinars (US$908), under article 144 of the penal code ...altro »
Algeria's Economy Slacks in 2017 - Asharq Al-awsat English
Algeria's Economy Slacks in 2017. Friday, 16 March, 2018 - 10:45. A man counts Algerian dinar banknotes in Algiers. (Reuters). Algeria - Asharq Al-Awsat. Algeria's economy grew by 2.2 percent in 2017, down from 3.3 percent the previous year, due to a ...altro »