Word: algerias
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Reaction to the U.S. decision from othernations was largely negative. Israeli leaderspraised it, but Algeria, Egypt, France, Libya,Norway and Sweden were among nations whichprotested the decision. Italy summoned a U.S.Embassy official to explain the decision
...ALGIERS, Algeria--Members of the Palestine National Council worked out final details yesterday of a new political strategy that would renounce terrorism and implicitly recognize Israel...
...market collapse of early 1986, when OPEC overproduction sent prices crashing to less than $10 per bbl. While cheap energy helps most Western economies by lowering inflation, petroleum at prices below $10 or $12 per bbl. is a painful prospect for such indebted oil producers as Algeria and Mexico and the weakened U.S. energy belt...
...prospect is ominous, however, for indebted developing countries that can ill afford a collapse in the value of their oil exports. In Algeria, falling oil revenue and prolonged government austerity measures have been blamed for triggering the recent riots that have killed as many as 400 people. Mexico, which relies on oil for 40% of its total export income, expects that oil revenues will fall below $6 billion this year, compared with exports worth $7.8 billion in 1987. As a result, Mexican President Miguel de la Madrid has announced $220 million in new cuts in the government's $90 billion...
...Europe. Veteran pleasure seekers from all over the world are targeting the country for its gorgeous azure water, unparalleled archaeology and bargain-basement prices. "It was a white spot on the map," says Heinrich Aken, a medical researcher from Bonn. "Everyone has already seen Greece, Italy, Spain, Morocco and Algeria. Turkey is the only thing left in the Mediterranean." Explains a Japanese traveler: "The life-style here is exotic." Nalbantoglu Gunduz, owner of a successful chartering company in Bodrum, has an uncomplicated view of the Turkish tourism boom. Says Gunduz with a shrug: "C'est la mode...