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Tag Archives | Algeria

Algeria Cancels Iraq's Debt

By on 26th July 2011 in Iraq Banking & Finance News

Official sources confirmed that the Algerian government decided to cancel Iraq's debt, according to reports from Eye Media. The amount of the debt was not specified. According to media sources in Baghdad, the Iraqi foreign minister, Hoshyar Zebari, received a letter from the Minister for Foreign Affairs of Algeria, Mourad Medelci, informing him of the […]

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Unrest in Iraq - the Risk of Contagion

By on 8th February 2011 in John Drake

With unrest in several Arab cities, many in the region are worried about the risk of contagion. The latest flashpoints are Egypt, Tunisia, Yemen, Jordan and Algeria; but is Iraq vulnerable as well? The people certainly have a lot to complain about. Electricity The heat and increased use of air conditioning put a major strain […]