This Algeria Economic Update reports on the main recent economic developments and policies. It places them in a global and longer-term context and assesses the implications of these developments and policy changes for Algeria’s economic prospects. The report is intended for a broad audience, including policymakers, business leaders, financial market …
The southern Mediterranean region faces one of the most important water crises in the world. The combination of aridity, foreign dependency, climate change, misallocation of the resources and escalating human demand make water supply a primary issue for health, economy and poverty reduction. In this context, institutional reform of the …
Europe continues to reel under forest fires that has up till now caused considerable damage to life, the environment and the economy. Experts have blamed the recent spurt in forest fire on global warming. Greece witnessed its worst forest fire this year. In the Peloponnese peninsula, more than 150,000 hectares …
The post-war boom had brought gas-guzzling vehicles, expanding highways and mushrooming suburbs in the industrialised countries, especially the US. This boom was fuelled by oil - the industrialised economies depended almost entirely on intensive use of fossil fuels. The world learned about its dependence on oil in 1973. The Yom …
The Caspian region has possibly the third largest oil and natural gas reserves in the world (after the Persian Gulf and western Siberia), estimated to be up to 15 per cent of the total reserves of the world. Hardly any of this potential has been tapped as yet, and it …
India's prominence in the energy market is that it is the world's sixth largest energy consumer - and yet woefully short of energy sources. It has large coal reserves but the worrisome part is petroleum, which accounts for about 30 per cent of the total energy. India produces only 30 …
"One of the ironies at the turn of the century is that, in an age when the pace of technological change is almost overwhelming, the world will remain dependent, out to the year 2020 at least, essentially on the same sources of energy - oil, natural gas, coal - that …
The US President George W Bush is raring to launch an attack on Iraq. Whether it has weapons of mass destruction or not, Iraq certainly has the world's second largest reserves of petroleum after Saudi Arabia. Thanks to UN sanctions, it produces a mere fraction of its potential. The US, …
"Not since the rise of the railroads more than a century ago has a single industry [energy] placed so many foot soldiers at the top of a new administration." - Newsweek, May 14, 2001 George W Bush took over as president of the US on January 20, 2001. Within two …
It's an Algerian SOS for protecting its energy-rich desert areas from Muslim militant attacks. It has already imposed strict controls on movements within its energy production zones. In a radio message transmit- ted across the nation, the interior ministry announced that oil and gas production areas would henceforth be declared …
