economy upfront Bound

Energy: New Italian PM heads to Algeria to secure more gasF

Italian Prime Minister Giorgia Meloni agreed Monday to strengthen energy cooperation with Africa's top gas exporter Algeria, the latest European country seeking supply deals to help reduce reliance on Russia. "Facing the great energy crisis that Europe in particular...

Economy: Tunisia gets food donations from LibyaF

Food shortages and rising cost of commodities in Tunisia: briefly explained Conflict-wracked Libya donated several dozen trucks of food supplies on Tuesday to neighbouring Tunisia, the Libyan embassy said, months into an economic crisis that has seen repeated...

Egypt faces major risks this year as economy continues to fall apartF

“Chicken feet are good for you…” The Egyptian pound traded Wednesday at half its value from March after the central bank intervened for a third time as part of an International Monetary Fund loan agreement. The devaluation, representing a drop of around 50 percent...

Tunisia facing daunting economic outlook, headed to IMF bailoutF

Tunisia faces a year of low economic growth and runaway inflation, and urgently needs a bailout deal with the International Monetary Fund, its central bank chief said Wednesday. "We need to reach a deal with the IMF as soon as possible to mobilise external finance in...

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