Political uncertainty and the acceleration of armed confrontations in Libya could push the price of oil a little higher. As OPEC tries to enforce the agreement to cut oil production with a view to a lasting rise in the price of oil’s barrel, the weakness...
Inflation has hovered around 30% in January 2017, up 5 percentage points over December 2016, and generating growing concerns over the state of the Egyptian economy. Recent moves by President Abdel-Fattah Al-Sissi’s government of letting the Egyptian pound float and cutting fuel subsidies in line […]
Don’t worry, it won’t fall any lower. It is in a few words the meaning of the recent statements of the Governor of the Central Bank of Algeria, Mohamed Loukal, after the dinar, Algerian national currency, has been devalued several times. In response to inflation […]
US President Donald J. Trump and his counterpart Beji Caid Essebsi of Tunisia spoke on February 17, 2017 to discuss Tunisia’s democratic transition and the bilateral counterterrorism partnership. According to a statement released by the White House, the two leaders reaffirmed the historic United States-Tunisia […]
In the years since the global financial crisis, said the IMF, Africa has witnessed a rapid expansion of cross-border banking, led by banking groups based in Africa that are spurring financial and economic integration and transforming the continent’s financial landscape. A conference on this topic […]
Bill Gates, Microsoft‘s founder and philanthropist billionaire, believes that the “new nationalism” that is emerging around the world could be threatening global health. “If you interpret America First (the stated doctrine of President Trump) in certain ways, it would suggest not prioritizing the stability of […]
Tunisia’s growth is expected to pick up to 2.5 percent in 2017 from 1.3 percent in 2016, but significant macroeconomic challenges persist, said the IMF in a statement. Also, the IMF and Tunisia agreed that urgent action is needed on fiscal policies and delayed reforms. […]
The protocol annexed to the general agreement between France and Algeria on social security to organize the care of Algerians in French hospitals was approved. According to a statement from the French Ministry of Foreign Affairs (which Cyceon was not able to consult directly on […]
Mohamed Loukal, Governor of the bank of Algeria, considers “fragile” the economic situation of the country because of “a weak economic recovery, a further slowdown in the growth of international trade, a sharp fall in commodity prices” and unfavorable foreign exchange. For the time being, […]
“A sharp decline in commodity prices, in particular of oil, as well as security threats and civil unrest in the Central African Republic (CAR) have profoundly impacted the region’s external and fiscal balances,” said International Monetary Fund (IMF) Managing Director Christine Lagarde after her participation...