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The largest U.S. airline also said it is considering launching service from the United States to Doha. Starting in 2015, the largest U.S. carriers argued their Gulf rivals were being unfairly subsidized by their governments, distorting competition and costing U.S. jobs - something the Gulf carriers deny. “The issues that led...
Algeria's proven oil reserves amount to 1,340 million tons, or 10 billion barrels, according to data from Energy Minister Mohamed Arkab, made public on Sunday in Algiers. "Algeria's proven oil reserves are 1.340 million tons or 10 billion barrels and at this current rate, we still have 27 years of...
The recent attack on the Algerian military barracks close to the border with Mali is a reminder of the unresolved threat from Isis in north Africa and of the vulnerability of Algeria. With a 1,500km desert border with Libya and Mali and a worsening economic situation because of falling oil...
The leverage ratio of China's real economy increased last year, according to a report released by the National Institution for Finance and Development. The overall debt ratio of households, non-financial enterprises and governments rose to 245.4 percent in 2019, up 6.1 percentage points from the previous year. The rise followed a...
The Minister of Agriculture and Rural Development, Cherif Omari, said, on Thursday in Blida, that the National Office for Livestock Feeds (ONAB) has started the distribution of a large quantities of white meat, estimated at 60,000 qx, on the markets with a view to breaking up the prices, which...
Minister of Trade Kamel Rezig, on Thursday, had phone talks with the Ambassador of the Unied States (US) John Desrocher on local, regional and international economic issues and the ways to boost bilateral cooperation, said the ministry in a communiqué. Mr. Rezig insisted, during this telephone talks, on “the imperative...
As tomato season in Mexico comes into peak, supplies of organic heirloom tomatoes are steady. “This is probably our biggest heirloom year to date. Every year we’ve increased acreage by between five to six percent because of our demand,” says Alex Madrigal of Covilli Brand Organics Inc. in Nogales, Ariz. While...
President Abdelmadjid Tebboune has announced a set of economic stimulus decisions that have eliminated the remaining measures that the government predecessors Ouyahia and Sellal had taken during their reigns. At a meeting of the Digital Cabinet chaired by the President, it was decided that "rule 51/49 of partnership with foreigners"...
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to Berkshire shareholders to assure...
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