Results for Category: Economy

86 results found.
Algeria Looks to Solar Energy to Meet Growing Electricity Demand

Algeria currently produces 98 per cent of its electricity using natural gas. Experts affirm that the solar energy available in the Sahara will shape the future development of Algeria’s energy sector. The Algerian authorities are also moving toward supporting projects to produce different types of renewable energy. This is because such projects contribute to local electricity supply as well as to generating wealth and creating job opportunities.

In Lebanon, Middle Class is the New Poor

30 per cent of the Lebanese population (1.5 million people) live on less than $4 per day, or $120 per month, and about 300,000 people live on less than $2.5 per day, which is insufficient to meet their basic food needs. Unemployment rates have remained steady, rising from 6.2 per cent in 2016 to 6.3 per cent in 2017, with an average of 7.56 per cent from 1991 until 2017. However, inflation stood at 3.17 per cent in January 2019, with the price of food and non-alcoholic drinks rising faster than other consumer goods.

In Tunisia, Latest Strike Brings Public Sector to a Halt

Abandoned hospitals, empty schools, deserted government buildings: Tunisia’s cities seemed like ghost towns on 17 January 2019. A nationwide public sector strike organized by the powerful Tunisian General Labour Union (UGGT) received mass support and solidarity from both the public and private sector with, according to the union, participation by more than 90 per cent of the 677,000 civil servants and 350,000 of the employees in public sector enterprises, representing a quarter of the population.