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WORLD NEWS


 

Week ended September 29, 2001 - 114th. Issue

2004 Tunisian
Presidential Elections

President for Life!
One step Forward, Two Steps Back
!
The announcement that President Ben Ali will run for a fourth term does not come as a surprise. It confirms that the constitution in countries like Tunisia plays an insignificant role in the country's legal system and how such legal instruments can easily be changed to accommodate a few.

A fourth term for president Ben Ali, who should be noted has done a very good job improving the economic position of his country, does not bode well for Tunisians and their quest for democracy. Indeed a fourth term clearly paves the way for a life-long presidency system just like Ben Ali's predecessor Bourguiba attempted to do so prior to a bloodless coup.
[continue here][non-paying readers, click here]

News and Analysis

Global Terrorism and Impact on the Economy

North Africa in the Aftermath of Terror Attack in America

The world economy is waiting for the American reaction following the terrorist attacks against the World Trade Center and the Pentagon. Fear and uncertainty are forcing analysts worldwide to expect the worst as American plans to strike back.
[continue here]
[non-paying readers, click here]

Current Events

Attacks in the U.S. Force Europe to Rethink its Protection of Terrorists

It took a major catastrophe of the scope of the attack against the World Trade Center to force European governments to pay special attention to organizations that have been funding and supporting terrorism in Algeria and elsewhere.

Europe has provided protection to individuals and groups that helped perpetuate the killings in Algeria where tens of thousands of people have been slaughtered, disappeared or lost a relative as a result of a deadly struggle for the control of power.
[continue here][non-paying readers, click here]

Algeria - Industry

Private Sector Pulls Industrial Output to Positive Growth

An analysis from the Algerian industry ministry shows that industrial sector grew 1.3% year on year during the first half of 2001 (1H01). As expected, this positive growth, albeit sluggish, is the result of a relatively good performance of the private sector while output from the state-owned industry fell once again by 0.6%.
[continue here]
[non-paying readers, click here]

Morocco - Spain

Illegal Immigration: Death and Diplomatic Tension

On September 8, 2001 fourteen would-be-immigrants were found dead on the Sidi Taibi beach in Beni Mellal, Morocco. The poorly built boat they choose to take them to Spain could not sustained their weight and the power of the sea. Few days later, five other bodies were found on the Bouselham beach. On the other side of the Mediterranean, Spanish authorities also recently discovered the bodies of 13 individuals who left Morocco in search of opportunities elsewhere.
[continue here][non-paying readers, click here]

Algeria-The Kabylie Region

A Presidential Call for Dialogue Rejected by Elder Council

In an important move, the Algerian government announced that it is willing to review the demands of the representatives of the citizens of the Kabylie region who are organized within the traditional body of elders known as Aarouchs (or Archs). A communiqué from president Bouteflika's office released this weekend states that Prime Minister Ali Benflis was the president's appointee to discuss the Aaroushs platform of demands established at the town of El-Kseur as the Kabylie region was embroiled in violent riots. Although the Archs rejected it, the invitation to dialogue is indeed a major step.
[continue here][non-paying readers, click here]

Morocco - Industry Trend

Is Morocco Prepared for Globalization?

Morocco is soon to become a more privileged partner of the European Union. Few years from now, the Moroccan economy will be tightly linked to that of its northern neighbor in an effort to establish a regional free trade zone. But today, as Morocco prepares for such a dramatic move, it needs to rethink the steps it is making to prepare for the free trading block.
[continue here]
[non-paying readers, click here]

Algerian Economy

Latest IMF Assessment of the Algerian Economy

Since the outset of its Fund-supported adjustment and reform program in 1994, Algeria has made-in particularly difficult circumstances-substantial progress toward the restoration of macroeconomic stability and implemented a comprehensive set of structural reforms. Growth turned positive, the inflation rate dropped, and the balance of payments' viability was restored. Assisted by a tightening of domestic demand management, the Algerian economy was able to weather the oil price downturn of 1998-99, thus demonstrating increased resilience to external shocks. [continue here][non-paying readers, click here]

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