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Syndicated News from Algeria
Date Added: Fri, 03 Sep 2010 22:09:54 GMT+00:00
Date Added: Wed, 01 Sep 2010 21:41:31 GMT+00:00
Date Added: Mon, 30 Aug 2010 23:00:18 GMT+00:00
Date Added: Tue, 31 Aug 2010 22:28:41 GMT+00:00
Date Added: Wed, 01 Sep 2010 23:25:28 GMT+00:00
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Habib Belaid on loan in SedanEnnaharThe central defender, who has known the young selections with French jersey (9 times), finally chose Algeria, and played a match during the 2010 World Cup ... |
Date Added: Tue, 31 Aug 2010 23:28:35 GMT+00:00
Date Added: Mon, 30 Aug 2010 01:04:09 GMT+00:00
Date Added: Wed, 25 Aug 2010 22:30:19 GMT+00:00
Date Added: Mon, 30 Aug 2010 23:38:37 GMT+00:00
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All details on wage increasesEnnaharThis will affect workers in both Algeria Post and Algeria Telecom, ie a value of 18000 dinars, raising salaries between 14000 and 64000 dinars. ... |
Date Added: Mon, 30 Aug 2010 23:00:19 GMT+00:00
Results 1 - 10 of 3 Headlines for Algeria
Algeria Headlines
Results Page: 1,
Date Added: Wednesday, November 24th, 2004
Contributed by: RCN Administrator
High oil prices, relative political stability and a prudent economic policy has put Algeria in a favourable position. Unemployment has dropped considerably, economic growth remains at over 5 percent annually and the external debt is repaid faster than foreseen. ""Algeria is now in a good position to take decisive steps to determine its economic future," analysts hold.
In Algiers today, a mission by the International Monetary Fund (IMF) presented its latest analysis about the economic situation in Algeria. The IMF mission led by Erik de Vrijer has visited Algiers since 6 October, where it held consultations with the government and other stakeholders.
Mr de Vrijer at the Algiers press conference, called to inform "the Algerian people", presented a very positive medium-term economic outlook. "The pick-up in growth in the last few years has led to a considerable drop in the unemployment rate. Boosted by the impact of the fiscal impulse on demand, as well as by the growth of hydrocarbon output, real GDP is expected to increase by approximately 5½ percent in 2004," Mr de Vrijer said.
In addition, the rise in the oil price on international markets had further strengthened Algeria's financial position in relation to the rest of the world. Early repayment of part of the foreign debt had already "substantially reduced" the amount outstanding, Mr de Vrijer said. At the same time, the prudent monetary policy was expected to limit inflation to 4 percent in 2004.
- Algeria is now in a good position to take decisive steps to determine its economic future, emphasised the IMF official. "The favourable external environment and its strong financial position represent a confluence of factors that should be fully utilised to consolidate macroeconomic stability and to complete the economy's transition toward a market economy," he added.
The hydrocarbon wealth was now generating the means to strengthen the physical, institutional, and human capital needed for social and economic development, Mr de Vrijer explained. However, he said, managing the hydrocarbon wealth "must also take into account the need to reduce the vulnerability of government finances to oil price fluctuations; to ensure that hydrocarbon revenues are used transparently and efficiently; and to preserve part of the hydrocarbon wealth for future generations."
Mr de Vrijer further praised Algerian authorities for the new fiscal policy proposed in the draft 2005 budget law. This policy, he said "represents a turning point in the direction of government finances," with the control of public expenditure being outlined in this draft law. The IMF official said he expected the law to lead to a better distribution of responsibilities between monetary and fiscal policies in controlling inflation.
- A larger role of the private sector in economic growth and the transition toward a market economy require the acceleration of structural and institutional reforms, emphasised Mr de Vrijer. "In this regard, the mission is pleased with the government's five-year economic programme," he added. The reforms provided for in this programme were said to be essential to bring about sustainable growth and reduce the rate of unemployment, which remains high.
The IMF mission further had underscored the urgency of undertaking banking sector reform. Mr de Vrijer urged Algerian authorities to intensify their efforts to rehabilitate financial relations among public banks and public enterprises, and to strengthen banking supervision considerably. In its view, the transfer of control of several public banks to reputable foreign banks was said to be "essential to inject fresh know-how into theAlgerian marketplace."
Finally, the trade liberalisation undertaken by the Algiers government was said to be "key for Algeria's integration into the world economy." Mr de Vrijer however concluded that it was "essential to reduce tax exemptions substantially and to strengthen tax administration to mitigate the impact of the tariff reduction on budgetary revenues and to ensure tax equality."
During its one-month visit in Algeria, the IMF mission was received by the Minister of Finance, Mr Benachenhou, the Governor of the Bank of Algeria, Mr Laksaci, and other members of the government and the National People's Assembly. The mission had also met with representatives from the banking and business communities.Results Page:
Date Added: Wednesday, November 24th, 2004
Contributed by: RCN Administrator
Algeria's Mining and Energy Minister Chakib Kheil, is visiting the country on Wednesday at the invitation of Angola's Oil Minister Desiderio Costa.
ccording to a communiquê issued by the Oil Ministry, made available to ANGOP, the North African official comes to Angola in the ambit of the strengthening of bilateral co-operation between the two countries. On Wednesday, Mr Kheil will meet with Desiderio Costa to discuss issues related to the oil sector.
Still on the same day, the Algerian minister and his eight-member delegation will move to northern Cabinda province, for some-hour visit to the Malongo oil compound, at the company of the deputy oil minister and staff of the sector
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Date Added: Thursday, November 14th, 2002
Contributed by: RCN Administrator
U.S. intelligence sources have floated a report that al Qaeda now might represent a threat to U.S. interests in West Africa. The report could indicate growing concern in Washington that sparsely populated and obscure countries in the region could be a serious weakness in the global fight against Islamic militancy.
Analysis
Citing unnamed U.S. intelligence sources, the Voice of America (VOA) reported Nov. 11 that an arms-smuggling network active in West Africa is suspected of supplying weapons to groups linked to al Qaeda. The sources also warned that fugitive al Qaeda leaders might seek sanctuary in the region.
The report highlights a potentially serious geographic weakness for the United States and Europe in the fight against Islamic militants. Western intelligence operations are weak in Africa, particularly in strategically unimportant parts of northwest Africa, limiting the ability to monitor a rise in militant activity. The gravest concern might be that al Qaeda could seek to relocate training facilities in obscure, sparsely populated Muslim countries in Africa.
By floating the report, Washington could be signaling that it will focus more closely on potential al Qaeda links in northwest Africa and intends to expand its presence and activity in the region.
According to the VOA, anonymous U.S. intelligence sources claim that a former Algerian army colonel named Mokhtar Belmokhtar is operating the al Qaeda-linked arms-smuggling network known by the initials MBM in West Africa. The report noted that Belmokhtar operates in Algeria as well as in the large but lightly populated countries of Mali and Mauritania.
MBM reportedly has cut arms deals with "various radical Islamic organizations," including Algeria’s Salafist Group for Preaching and Combat (SGCP), which is headed by Hassan Hattab. Both Hattab and the SGCP -- which has between 350 and 380 members and operates mainly in eastern Algeria -- are rumored to have close ties to al Qaeda and have allegedly received funding directly from Osama bin Laden.
The intelligence regarding the arms network run by Belmokhtar and MBM probably was the result of cooperation between the United States and Algeria. The fact that this bit of intelligence was leaked through the VOA, an organization that is considered largely a mouthpiece for Washington, shows that U.S. intelligence clearly wanted the story out there -- the question is why?
The likely answer is that Washington has legitimate concerns that northwest Africa is a weak link in its fight against Islamist militants. The region’s vast swathes of uncontrolled desert territory are ideal not just for the illicit trade of arms, but also as a potential safe haven for al Qaeda leaders and new training camps. Islamic militants already are heavily active in Algeria’s long-running civil war. Algerian nationals have popped up in training camps in Afghanistan and in suspected militant cells in Europe and North America. The Algerian threat has been known for some time, and the government is working with U.S. intelligence to try to contain the problem.
Another lesser-known concern could lie southwest of Algeria in two large but obscure Muslim countries: Mauritania, which is a member of the Arab League, and Mali. Both are huge in landmass with small populations clustered in only a few western cities. The Sahara dominates the countries’ wide eastern portions, with vast areas of desert that have little to no official government presence or control. Neither country has significant economic or geopolitical power, even by African standards -- Mauritania ranks 139th and Mali 153rd out of 162 countries on the U.N. Human Development Index.
This makes them ideal avenues for gun running and other forms of illicit trade. With many of its traditional areas of operation under siege, al Qaeda is looking for new vectors for such activity. Al Qaeda could seek to take advantage of its connections in Algeria to expand its activity in West Africa. The region definitely has advantages for militants -- so much of it is lawless, avenues for gun- and drug running already exist and the United States and Europe have only limited intelligence capabilities on the continent.
Moreover, for al Qaeda members looking for a new safe haven, countries like Mali and Mauritania would look pretty attractive. Their location, obscurity, vastness and Muslim heritage could make them ideal candidates for the relocation of al Qaeda leaders and possibly the establishment of training camps. This possibility appears to be on the minds of U.S. intelligence officials, who told VOA that MBM might provide shelter to fugitive al Qaeda leaders.
It should be noted that so far no hard evidence has emerged that al Qaeda is establishing itself in West Africa. At the same time, there very well might be sympathy for al Qaeda in these countries. For instance, last April Muslim leaders in Mali passed a motion of support for Palestinians and invoked a curse on Israeli and American leaders, Africa News Service reported. About the same time, thousands turned out for anti-Israeli street demonstrations in Mauritania.
Despite the fairly obvious attempt by U.S. intelligence to float the West Africa story Nov. 11, few mainstream media sources bit the bait. As of Nov. 13, only Liberian daily The News and Deutsche Presse-Agentur appear to have picked up the report. The most logical reason is that Mali and Mauritania simply are not on the Western media’s radar screens. If the VOA story is any indication, Washington might be seeking to change that.
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