Economy
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British government braces for 6,000 job cuts in the steel and oil refining sectors
The British government is preparing for a “dark” September, with the loss of 6,000 jobs in the steel and oil…
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Sonatrach and Turkey’s RÖNESANS Sign Major Partnership Agreement
ALGIERS – An investment agreement was signed for a propane dehydrogenation and polypropylene production project in Turkey during a ceremony…
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US Fed Official Says Expects Series of Rate Cuts
With inflation easing and the labor market cooling, it will likely be appropriate for the US Federal Reserve to make…
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US job gains miss expectations in August, unemployment down
US hiring bounced back in August but missed expectations while the jobless rate crept down, according to government data released…
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FAO Reports Slight Decline in Global Food Prices in August
The average global food price index, as calculated by the FAO, witnessed a decline in August, according to a report…
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OPEC+ Members Extend Oil Supply Cuts Until End of November
Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply cuts until the end…
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United States: Significant Drop in Oil Stocks
According to figures released on Thursday by the U.S. Energy Information Administration (EIA), crude oil stocks in the United States…
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Algeria : Photovoltaic Production Capacity Grew 35% in 2023
ALGIERS – The annual production capacity of Algeria’s national photovoltaic industry saw a significant increase of 35% in 2023. The…
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Attaf Represents Algerian President at China-Africa Summit in Beijing
ALGIERS – Ahmed Attaf, the Algerian Minister of Foreign Affairs and National Community Abroad, represents Algerian President Abdelmadjid Tebboune at…
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China’s President Xi Pledges Over $50 Billion in Aid to Strengthen Ties with Africa
Chinese President Xi Jinping announced a commitment of over $50 billion in financing for Africa over the next three years,…
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