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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Trade between Algeria and France fell by roughly 23% in the year ending June 2026, dropping below €9 billion as import controls and political tensions reshape the relationship. Algeria’s tighter oversight of foreign purchases has sharply reduced French exports—particularly in food, automotive equipment, and industrial goods—while energy-driven exports to France also declined. The figures point to a broader shift as Algeria diversifies suppliers and reduces reliance on its former primary trading partner.
The official death toll from a mass border crossing into the Spanish North African enclave of Ceuta has risen to at least 72, but a rights group says it knows of 130 deaths and so many others missing. Morocco and Spain are facing growing pressure to explain how tens of thousands of people managed to force their way into European territory in a matter of days.
Morocco is facing scrutiny on two fronts this summer: a corroborated investigation alleging systematic use of Pegasus spyware against journalists and foreign officials, and a fresh migrant surge into Ceuta that echoes the 2021 border crisis. Both developments draw scrutiny of Morocco from European governments and beyond, each for different reasons — one a question of covert surveillance, the other of border management under pressure.
