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Posts Tagged ‘Algeria’

Former Director of the CIA’s Counter-Terrorism Center: American Policy in the Middle East is Failing Because the U.S. Doesn’t Believe in Democracy

Robert Grenier – a 27-year veteran of the CIA’s Clandestine Service, and Director of the CIA’s Counter-Terrorism Center from 2004 to 2006 – writes today: Events in the Middle East have slipped away from us. Having long since opted in favour of…

America’s Middle Eastern Puppet Regimes Are Falling Like Dominoes

The images from the protests in Cairo, Egypt today are stunning. See this, this and this.President Mubarak’s family has already fled the country.As Raw Story notes:Demonstrators calling for economic and political reforms broke through police barriers…

Quantitative Easing Is Causing Food Prices to Skyrocket

As I’ve previously noted, interest rates have risen both times after the Fed implemented quantitative easing.Graham Summers points out that food prices have also skyrocketed both times:In case you’ve missed it, food riots are spreading throughout the…

Algeria FM voices support for Serbia

Serbia and Algeria have strong friendly ties, Algeria supports Serbia and believes that the Kosovo issue can be solved only by a consensus at the UNSC This is what visiting Algerian Foreign Minister Murad Medelci told Tanjug news agency in Belgrade late on Thursday.

Hyflux +5.0%; Nomura Neutral, Orderbook concerns

Hyflux (600.SG) remains buoyant, +5.0% at $3.34 with 4.5 million shares traded, highest volume since mid-June, after management proposes 1-for-2 bonus issue; Nomura says issue to increase liquidity of shares, with 285,378,205 bonus shares expected, subject to SGX-ST approval, says impact on stock is neutral.

House keeps Neutral rating, lowers target to $3.50 (previous no stated), remains concerned about Hyflux’s EPC orderbook, which fell 15% on half as of June 2010 to $633 million.

“With the expected construction completion of the Algeria Magtaa project by the end of 2011 and the delay in obtaining the Libya desalination projects, we are concerned over whether Hyflux can maintain its revenue momentum.”

But adds, upside risks could come from Hyflux winning Singapore desalination project. Says 3Q results in line, keeps estimates unchanged.

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Aquifers: Deep waters, slowly drying up

Depletion of aquifers is a looming tragedy. New agreements offer hope

CLEMENT weather and plentiful water mean that Punjab produces an eighth of India’s total food grains. But the water table has dropped by ten metres since 1973 and the rate of decline is accelerating on both the Indian and the Pakistani sides of the region. It is a similar story for the north-western Sahara aquifer system (NWSAS), shared by Algeria, Tunisia and Libya. Withdrawals increased ninefold between 1950 and 2008. Springs are drying up and soil salinity has increased.

Such depletion of aquifers is a classic tragedy of the commons. Farmers pump, oblivious of others’ actions or the impact of their own. Scarcity stokes this rather than braking it. Worse, much abstracted water is used in inefficient irrigation; compounding that, underpricing means it is often used for watering low-value crops. Powerful farming lobbies have little interest in changing the status quo. …

Robbie Williams’ footie fever forces fiancée to flee!

Robbie Williams’ fiancée Ayda Field has walked out on the singer till he gets over his football craze.
Field got furious after Sunday’’s clash between Algeria and Slovenia and decided to stay with her mum Gwen and told him she won’t be coming back till the footie gets back to normal.
“Robbie’’s wife-to-be decided she could not [...]

FIFA World Cup 2010 Schedule in Indian Time

The FIFA World Cup 2010 is the 19th FIFA World Cup, the premier international football tournament. The tournament which is being hosted by South Africa is scheduled to take place between 11 June and 11 July 2010.
There are 32 teams in this World Cup, which are categorized into 8 groups, each group contains 4 teams. [...]

Know how Prince Harry and Prince William will Spend their Summer holidays

In just a couple of weeks, the handsome princes, Harry and William, will be out for their first overseas tour together.
The two young princes are bound to South Africa. Their tour starts from the 14th of June. However, the trip would only last for 5 days. On the 19th of June, the brothers will go [...]

Maruti Suzuki sells over a million vehicles in 2009-10

India’s leading car maker Maruti Suzuki India Thursday said it sold 1,018,365 vehicles in the 2009-10 fiscal of which 870,790 units were sold in the country, the highest ever by the company.
“This is the first time in the Indian automobile history that a car company has sold over a million units in a financial year. [...]

Cooperation with Algerian companies announced

Serbian and Algerian firms will apply in consortiums for construction work on infrastructure in Algeria, the Serbian Economy Ministry announced.

“Algeria is currently adopting a five-year plan and it will invest as much as USD 300mn in the development of infrastructure,” Economy Minister Mlađan Dinkić said after meeting with Algerian Prime Minister Ahmed Ouyahia.

State, economic delegation to visit Algeria

A Serbian state and economic delegation, led by Economy Minister Mlađan Dinkić, is to visit Algeria March 2 to 4. The Serbian delegation will also include Defense Minister Dragan Šutanovac, Youth and Sports Minister Snežana Samardžić-Marković, National Bank of Serbia Governor Radovan Jelašić, and representatives of the Serbian Chamber of Commerce, the Investment and Export Promotion Agency, the Export Credit and Insurance Agency and the Komercijalna Bank.

Egypt envoy back in Algiers after football row

Egypt’s ambassador to Algeria, recalled in November after a bitter football row, has returned to Algiers, the foreign ministry told AFP on Sunday. Abdel Aziz Seifelnasr returned to Algiers on Saturday, spokesman Hossam Zaki said. Cairo withdrew the envoy after attacks on Egyptian

Egypt prepared for Algeria ‘war’

The die is cast for the Africa Cup of Nations semi-final between fierce regional rivals Egypt and Algeria here less than two months on from when two qualifying matches for a World Cup ticket left a long trail of bitterness and violence. Egypt striker Amr Zaki heightened the tensions when he

Cup chokers Ivory Coast mystified at Algeria loss

Not for the first time Didier Drogba and his Ivory Coast teammates turned up at the Africa Cup of Nations wearing the mantle of favourite only to flatter to deceive.  In 2006, the Elephants suffered a shattering 4-2 penalty defeat to Egypt in the final in Cairo.  Two years later in Ghana theyNot for the first time Didier Drogba and his Ivory Coast teammates turned up at the Africa Cup of Nations wearing the mantle of favourite only to flatter to deceive. In 2006, the Elephants suffered a shattering 4-2 penalty defeat to Egypt in the final in Cairo. Two years later in Ghana they

Guantanamo prison stays despite Obama’s deadline

US President Barack Obama’s self-imposed deadline to close the Guantanamo Bay prison for terrorist suspects arrived Friday with 196 detainees still at the US naval base on the south-eastern coast of Cuba.
In Washington, the justice department announced late Thursday that two Algerians, Hasan Zemiri and Adil Hadi al-Jazairi bin Hamlili, were transferred from Guantanamo Bay [...]

Soccer: Algeria face early Nations Cup exit

World Cup-bound Algeria will be the first side eliminated from the African Nations Cup if they lose against Mali in Luanda on Thursday. Algeria, in the same group as England at this year’s World Cup in South Africa, suffered a shock 3-0 defeat by Malawi in their opening Group A match on

Dozens of Egyptian police injured as football violence simmers

Violent protestors injured dozens of police near the Algerian embassy in Cairo on Friday, fanning the flames of a diplomatic row that erupted over a football World Cup qualifier won by bitter rivals Algeria. Thirty-five police were hurt and 15 cars damaged in the violence, as demonstrators

Algerians home and away cheer World Cup win

Algerians at home and abroad exploded with joy as the final whistle sounded in Khartoum to send the north African country to its first football World Cup since 1986. Cheers broke out around Algeria at the end of the match, after what one supporter, 45-year-old Djamel, called “90 minutes of

Algeria “big chance for Serbian businesses”

Serbian companies are interested in taking part in big projects in Algeria, Minister of Economy MlaÄ‘an Dinkić says. He spoke during a session of the Serbian-Algerian Mixed Committee, and referred to north African country’s five year development program worth USD 150bn.