Business News Algeria

  • ALGIERS, April 19- Hundreds of thousands of demonstrators returned to Algeria's streets on Friday to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation, chanting "we do what we want", witnesses said. Parliament named an interim president and a July 4 election date was set in a transition endorsed by...

  • ALGIERS, April 19- Tens of thousands of demonstrators returned to Algeria's streets on Friday to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation after six weeks of mass protests, witnesses said. Thousands of protesters gathered anew in city centers around Algeria demanding root-and-branch...

  • ALGIERS, April 19-- Thousands of demonstrators returned to Algeria's streets on Friday to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation after six weeks of mass protests, witnesses said. Thousands of protesters gathered anew in city centers around Algeria demanding root-and-branch...

  • *Army chief says time running out. ALGIERS, April 16- Algeria's army chief said on Tuesday the military was considering all options to resolve the country's political crisis and warned that "time is running out", after weeks of anti-government protests. Hours earlier, the chairman of Algeria's Constitutional Council, Tayib Belaiz, quit his post, state news agency...

  • ALGIERS, April 16- Algeria's army chief said on Tuesday the military was looking at all options to find a solution to end the country's political crisis as soon as possible.

  • ALGIERS, April 16- The chairman of Algeria's Constitutional Council Tayib Belaiz quit his post on Tuesday, state news agency APS said, following calls for his resignation by pro-democracy protesters who say he is part of a ruling elite they want abolished. Meanwhile thousands of demonstrators marched through the streets of Algiers and in cities across the...

  • ALGIERS, April 16- The chairman of Algeria's Constitutional Council Tayib Belaiz quit his post on Tuesday, state news agency APS said, following calls for his resignation by pro-democracy protesters who say he is part of a ruling elite they want abolished. He was appointed interim president after Algeria's army chief declared Bouteflika unfit for office and...

  • *Brazil and Argentina harvests add to price pressure. PARIS/ SINGAPORE, April 12- Chicago soybean and corn futures were little changed on Friday, staying on course for a weekly decline after lacklustre U.S. exports and prospects for a large South American crop. "The corn market is heavy and there could be a record South American harvest if you combine the Brazil and...

  • *Army chief wants judiciary to prosecute corruption. ALGIERS, April 10- Algeria will hold a presidential election on July 4, the interim presidency said on Wednesday after weeks of mass protests led to the resignation of long-serving leader Abdelaziz Bouteflika. Earlier on Wednesday, Algeria's army chief said he expected to see members of the ruling elite in...

  • *Army chief wants judiciary to prosecute corruption. ALGIERS, April 10- Algeria's army chief said on Monday he expects to see members of the ruling elite prosecuted for corruption and will support a transition towards elections after mass protests ousted the long-serving president. He referred to the ruling caste as "the gang", a term people have used in the...

  • *Venezuela reports collapse in oil supply- OPEC. NEW YORK, April 10- Oil prices rose on Wednesday after U.S. data showing a hefty drawdown in gasoline stocks overshadowed crude inventories rising to their highest levels in more than a year, and as sanctions and blackouts in Venezuela helped tighten global supply. "The report is supportive due to the large gasoline...

  • *Algeria crisis adds to doubts over end of season demand. A political crisis in Algeria- the main overseas market for French wheat-, the upcoming end to Morocco's import season and competition from U.S. wheat in Egypt were all tempering optimism about end-of-season export demand, Manon Duval, deputy head of FranceAgriMer's grain unit, told reporters.

  • ALGIERS, April 10- Algeria's army chief said on Wednesday the judiciary will reopen old corruption investigations including a case related to state energy firm Sonatrach.

  • ALGIERS, April 10- Algeria's interior ministry has issued licenses for 10 new political parties, private Ennahar TV said on Wednesday, after a newly-appointed interim president vowed to organise free elections in the face of growing calls for democracy. Protesters in Algeria, a major oil and natural gas producer, have been demanding sweeping changes since...

  • *Upper house chairman Abdelkader Bensalah assumes post. ALGIERS, April 9- Algeria's interim president, in a televised speech to the nation, promised on Tuesday to organize free elections within 90 days after weeks of protests that led to the resignation of leader Abdelaziz Bouteflika after 20 years in power. Army Chief of Staff Lieutenant General Gaid Salah...

  • ALGIERS, April 9- Algeria's interim president, in a televised speech to the nation, promised on Tuesday to organise free elections after weeks of protests that led to the resignation of 20- year leader Abdelaziz Bouteflika. Abdelkader Bensalah, who was rejected by demonstrators right after parliament chose him to lead a transition period, said the army was...

  • ALGERIA'S INTERIM PRESIDENT BENSALAH SAYS HE IS COMMITTED TO ORGANIZING ELECTIONS.

  • ALGERIA'S INTERIM PRESIDENT BENSALAH, IN LIVE TELECAST, SAYS HE IS DETERMINED TO ESTABLISH NATIONAL AUTHORITY TO ORGANIZE ELECTIONS.

  • ALGERIA'S INTERIM PRESIDENT BENSALAH: I AM DETERMINED TO CONSULT WITH THE POLITICAL CLASS AND CIVIL SOCIETY.

  • *Upper house chairman Abdelkader Bensalah assumes post. ALGIERS, April 9- Algeria's interim president was quickly rejected by thousands of protesters on Tuesday after he was named by parliament to take charge during a volatile transition period after decades of autocratic rule. Replacing long-serving leader Abdelaziz Bouteflika, who resigned last week,...