Maghreb Edition
There has been growing public fear over regime operatives moving money from Algeria to foreign banks. Rumors have been circulating that several businessmen tied to the regime, including the Kouninef brothers, have contracted multi-million dollar loans over the past week, just to place it abroad in secured account as the political crisis continues. The rumor stated that authorizations to transfer loans were granted by the Central Bank proper.
A conversation with Dr. Kate Schecter, President and CEO of World Neighbors, on how community-led development works in practice across the Global South.
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Egypt joined China’s expanded zero-tariff scheme on 1 May 2026, gaining duty-free access to the Chinese market alongside 52 other African countries with diplomatic ties to Beijing. The move eliminates tariffs that previously ran from 8 to 30 percent on key Egyptian exports, though the arrangement is a two-year preferential window through April 2028 rather than a permanent deal, and non-tariff barriers like rules of origin and phytosanitary standards still apply.
As France’s multiethnic World Cup squad marches toward the semifinals, the country’s 2027 presidential race is tilting hard right. Right-winger Marine Le Pen leads first-round polling and beats nearly every rival in hypothetical runoffs. With RN president Jordan Bardella waiting in the wings and Jean-Luc Mélenchon consolidating the left, France’s fractured center may not be able to stop either a far-right or hard-left runoff in 2027. Here is our take.
Egypt has fully paid the $6.1 billion in arrears it owed foreign oil and gas partners, ending a multi-year backlog tied to its foreign-currency crunch. With the debt paid down to zero by mid-2026, officials are pairing the settlement with new investment incentives and a push to revive onshore drilling, aiming to reverse years of declining crude output.
