Marking five years since the passing of renowned architect and artist Zaha Hadid, Zurich’s Galerie Gmurzynska presents a celebratory and revelatory exhibition of her work entitled “Abstracting the Landscape”.
The picture above is for illustration and is of Ocula.
An Homage To Zaha Hadid: “Abstracting The Landscape” Exhibition At Galerie Gmurzynska In Zurich
I write about conscious luxury, focusing on travel, well-being & art.
Described as the “Queen of Curves”, this Iraqi-British innovator was one of the major figures of late 20th Century and 21st Century architecture and design. Her buildings and interiors always dared to be different and her global legacy reveals her creative and enduring genius. What she achieved is an influential body of work which others look to for inspiration.
Hers was a career marked by recognition for all that she contributed to the development of design and function. Her impact on the built environment was extensive and driven by her fusion of Modernism into her architectural creations. This saw her become the first woman to receive the Pritzker Architecture Prize and the only woman ever to be presented with the Royal Gold Medal from the Royal Institute of British Architects. Her numerous and acclaimed exhibitions have included “The Great Utopia” at the Guggenheim Museum and Art Basel in both Switzerland and Miami.
Her architecture always evolved as she was never prepared to stand still or to accept anything that would compromise her vision. She was always eager to challenge preconceptions bringing some much-needed refreshment to an architectural establishment that can often appear stale and inflexible. The fact that her many buildings already seem timeless is a testament to her ongoing relevance and her ability to prompt those who follow to strive to achieve such a level of authenticity.
Galerie Gmurzynska has had a long association with Zaha Hadid having highlighted her work in a number of earlier exhibitions. There is therefore an initial poignancy around this collection of models, drawings, artworks and sculptures as it prompts the thought that she has now gone. However, the sheer vibrancy of the pieces quickly dispels any feelings of melancholy and it is a joy to look at and experience what is so carefully set out here.
“When we saw Zaha’s design for the “Great Utopia” exhibition of Russian Avantgarde at the Guggenheim New York in 1992, it took our breath away. And that is what our relationship was about, to implement breathtaking projects ever since. For most she will be remembered as the female architect who broke the glass-ceiling. For her the term “female architect” was irrelevant. For us, as a gallery, her drawings and paintings could be considered works of art, while Zaha never considered herself to be an artist. Zaha was an eternaly curious and artistic minded person with a vision. It is this Zaha that we attempt to present in our current exhibition as an homage to Zaha Hadid.” says Matthias Rastorfer, CEO and Partner at Galerie Gmurzynska
Zaha Hadid’s use of non-figurative forms and shapes fuses technology with art and the clever interplay of light and color combinations show her freshness of vision, creativity and technical expertise. Elements of the exhibition are so “reach out and touch” that they draw both the hand and the eye as they fill the gallery’s floor space. The sinewy contours of many of the works on display seem irresistible and lure both our eyes and hands to discover more. The mixing of media adds depth to the exhibits and there is also the contrast between the modernity on show here as it juxtaposes with the traditional architecture of the commercial building which appears opposite.
The exhibition involved close co-operation with the late artist’s designs team who act as the guardians of her legacy and who seek to preserve and respect her artistic integrity. It is fitting that Galerie Gmurzynska has decided to incorporate key elements of Zaha Hadid’s work as a permanent element of its gallery space. This will act as a reminder and a living memorial of this great architect and artist’s depth of contribution over the length of her career.
Impressive on all levels.
I view luxury lifestyle from a conscious perspective and am most passionate about wellbeing, art and travel. I am the founder of the lifestyle blog her-etiquette.com (follow me on Instagram: @her_etiquette). I also run the consulting firm HER CIRCLE which specializes in sustainable luxury strategies and marketing concepts with purpose. Before becoming an entrepreneur I have worked in Sales & Marketing at Coutts & Co, Deutsche Bank and Hugo Boss. Based between Zurich and London, I travel the world and write about the joy of the journey.
Efforts to curb carbon emissions are falling short. As climate change impacts become all too clear, geoengineering is again in the spotlight. Some see it as a last-resort option to fight climate change. Detractors highlight the risks and uncertainties. Will governments end up ‘tinkering with Earth’s thermostat’?
In the summer of 2018, a succession of heatwaves struck the EU. Record-breaking temperatures were reported, and wildfires ravaged the continent. Sweden suffered the worst forest fires in modern history. In Greece, blazes swept through Attica and left 102 dead. For many citizens, wildfires threw the reality of climate change into sharp relief.
Under the Paris Agreement, nearly 200 countries pledged to keep global warming well below 2°C. But progress in curbing carbon emissions is not on track. If the current trend is not reversed, extreme weather events like the 2018 heatwave will become more and more frequent.
Geoengineering refers to large-scale interventions in the global climate system, intended to counteract climate change. In 2008, the UN Convention on Biological Diversity called for a moratorium on geoengineering ‘until there is an adequate scientific basis on which to justify such activities’. Only a decade later, scientists and policy-makers are again looking for last-ditch solutions to buy some extra time. Geoengineering is again in the spotlight.
Potential impacts and developments
Geoengineering includes a number of techniques of varying complexity, risk, and cost. In policy-making, the debate revolves almost entirely around ‘solar geoengineering‘. This describes a set of methods aimed at cooling the planet by reflecting a portion of solar energy back into space, or increasing the amount of solar radiation that escapes the Earth.
Cirrus clouds are known to have a warming effect on Earth. Seeding the atmosphere with innocuous Sahara dust would prevent the formation of cirrus clouds, and reduce global temperatures. Stratospheric aerosol injection entails creating an artificial sunshade by injecting reflective particles in the stratosphere. Its working principle is based in nature. The eruption of Mount Pinatubo in 1991 pumped around 15 million tons of sulphur dioxide into the stratosphere; in the two years that followed, global temperatures decreased by about 1°C.
But there is no simple solution. For a start, solar geoengineering does not target the root of the problem; it only mitigates its effects. Solar geoengineering has never been tried before. If done incorrectly, it could cause even more global warming; and there could be other unintended consequences. The real challenge, however, may not be technological but rather one of governance. Climate politics is slow and complex; agreeing on using untested technology on a planetary scale could prove impossible. Who decides to use solar geoengineering? Who benefits from it? Who is affected?
Solar geoengineering is a geopolitical issue. The atmosphere has no borders, and the actions of some countries could affect the climate of others. To make matters worse, the science is not always conclusive. Some climate models suggest that almost every region in the world would benefit from solar geoengineering. Other scientists claim that since heat-trapping gases would still operate, temperatures would be more evenly distributed. This would reduce precipitation. Such a geoengineered world would be cooler, but also drier.
Many stakeholders see a moral hazard in solar geoengineering. All efforts are now focused on reducing emissions. With new tools in their climatic toolbox, governments could become complacent. Scientists insist that geoengineering is a supplement and not a substitute for mitigation. For example, solar geoengineering will not solve ocean acidification, and its impact on the water cycle is uncertain. Eventually, part or all the carbon released into the atmosphere will need to be recaptured, regardless of whether geoengineering is used or not.
To some citizens, meddling with the climate may sound like playing god. But across the world, about 40 % of the population live within 100 kilometres of the coast. Rising sea levels will threaten these coastal communities. Many regions will see more intense and frequent summer droughts, extreme weather events, and heavy rainfall. This could strain the fragile agricultural systems in the global South, sparking an exodus of climate refugees. As the consequences of climate change accumulate, the public’s opinion on solar geoengineering could shift rapidly.
Perceptions could be as important as the science. In 1962, the US started a programme to weaken hurricanes through seeding. In 1963, Hurricane Flora caused thousands of deaths in Cuba. The Cuban government accused the US of waging weather warfare. Similarly, any country suffering from extreme weather could blame geoengineers. In addition, geoengineering would be deployed progressively. Its effects would be initially difficult to decouple from natural fluctuations and climate change. Detractors would be quick to discard it as a failed idea.
There is a bigger problem, however. Once started, solar geoengineering cannot be stopped. Assuming that carbon emissions continued, the artificial sunshade would mask increasing amounts of extra warming. If geoengineering ceased abruptly – due to sabotage, technical, or political reasons – temperatures would shoot up rapidly. This termination shock would be catastrophic for humans and ecosystems.
Solar geoengineering should only be considered as a last-resort solution. There is ample consensus that cutting emissions is the safest, most economical route to tackling climate change. The world needs a climate champion to accelerate these efforts, and the EU could lead the way.
Ultimately, the debate surrounding solar geoengineering could come down to balancing the risks and benefits. Solar geoengineering is not without risks. However, failing to mitigate climate change will also bring major new risks, disrupt ecosystems across the world, and hit the most vulnerable regions particularly hard.
Ironically, one reason that solar geoengineering may become necessary is the slow pace of international climate negotiations. Yet discussions on geoengineering are following the same path. Should solar geoengineering become necessary, governments need to be ready. The EU could help advance preparedness in this area; for example, by throwing its diplomatic weight behind multilateral initiatives moving in this direction.
The EU and its partners could promote an international governance framework for solar geoengineering. However, all parties must be on board. There are real risks that some of the countries worst affected by climate change could act unilaterally. Even if well-intentioned, this could create geopolitical tension. An international regulation system would ensure that no country ‘goes rogue’, and that geoengineering is not done for some at the expense of others.
The EU could also support research on solar geoengineering. Studies and trials may have been hampered by fears of promoting a quick ‘technofix’. But if geoengineering became necessary to avert disaster, its full effects must be known. Current techniques are criticised for posing a risk to biodiversity, precipitation patterns, and the ozone layer. A better understanding of these problems is the first step towards tackling them. Research could also help governance. For example, counter-geoengineering tools could serve as a deterrent against unilateral action.
As the world struggles with COVID-19, the challenges of climate change and wider environmental problems loom large. It is clear that the economic response to the impact of COVID-19 must benefit the environment while plans to address climate change and environmental issues must benefit the economy and society. The only way these twin imperatives can be met is through a green revolution that transcends our economy and society.
This was our task when we both chaired the first Intelligent Planning Consultative Forum that was established by Environment Minister Aaron Farrugia. The aim of the forum was to bring together all stakeholders involved in the planning and construction sectors to start coming up with ways in which we can transform and transition planning and construction which is smart, green and sustainable.
The result of this forum and the discussions we led is the green policy document on green walls and roofs together with the recently-launched scheme by the government to incentivise such improvements.
This incentive scheme should be seen as the first step towards having greener and more sustainable buildings. The benefits of such interventions are major given that they result in low energy consumption and decreased carbon emissions while mitigating the effects of roof flooding. This happens as the green infrastructure, walls or roofs, acts as a protective layer for buildings, absorbing heat and excess water.
Additionally, the utilisation of local fauna in such projects would create various pollination havens across the island, helping to restore natural biodiversity – a key aim of the EU’s 2030 biodiversity strategy. The utilisation of Maltese fauna could have the additional benefit of requiring minimal maintenance and reduce the consumption of water.
Such initiatives also have macro effects including the creation of additional value-adding activities and green jobs. Together with other initiatives and incentives, the demand for such products could even help kickstart a whole new industry focused on green construction.One of Malta’s biggest opportunities in the Green Deal is greening the construction sector
In fact, one of Malta’s biggest opportunities in the Green Deal is greening the construction sector which remains a significant contributor to economic growth. The EU recently launched the New European Bauhaus and, in a statement, European Commission president Ursula von der Leyen said that “the New European Bauhaus is about how we live better together after the pandemic while respecting the planet and protecting our environment. It is about empowering those who have the solutions to the climate crisis, matching sustainability with style”.
This is something we believe can truly support the country in its next phase of design, planning and construction. Malta and Europe have a number of common challenges. Whereas the original Bauhaus was focused on new designs, the biggest challenge we face is of renovation, regeneration and retrofitting.
We are surrounded by buildings and infrastructures, home to both embodied carbon and embedded histories. A design and architecture for this problem requires a quite different sensibility. It implies a refining in place, understanding repair and retrofit cultures and developing new logics predicated on care and maintenance.
These approaches, in line with the EU Recovery Strategy, necessitate new ways of unleashing the societal value latent in people and place. Producing anew in this way is far more challenging than simply making new things –although new things will emerge.
Malta has a unique potential in this and, if leveraged properly, we can truly kick-start a green revolution in our planning and building industries. We are confident that the new phase of the Intelligent Planning Consultative Forum will look into this and, together with the environment minister, a new era of Malta’s planning and construction industry can commence, one that is smart, green and sustainable.
The green wall and roof initiative and support scheme is a step in the right direction.
Cyrus Engerer is a Labour MEP and Stephanie Fabri is an economist and a lecturer at the University of Malta.
PhysOrg in this article titled ‘Turkey: Europe’s top destination for… trash’ by Raziye Akkoc is a little an anti-thesis to its so-called and recent foreign adventures from the Caucasus to North Africa.
Tonnes of plastic packaging destined for recycling from popular British supermarkets like Sainsbury’s and French frozen food retailer Picard is instead ending up being dumped illegally in Turkey as the country has become the top destination for European waste.
Recycling firms in Turkey defend the rise in imports, arguing the waste plastic is needed for the growing industry which allows the reuse of material that otherwise clogs landfills for decades.
But the environmental consequences are increasingly hard to ignore, with illegally dumped plastics visible around the growing number of sites in southern Turkey where European plastics are meant to be processed.
There are at least 10 known sites. AFP visited three last month and a reporting team came across a fourth by accident after discovering a fresh load dumped on the side of a road in southern Adana province.
Piled in mounds or strewn in ditches, AFP identified plastic waste from the UK, France, Italy and the Netherlands.
“European citizens need to know this: the last stop for their waste that they carefully separate into different boxes is not a recycling facility,” said Sedat Gundogdu, a professor at Cukurova University in Adana.
“It’s here where there are mountains of waste,” he told AFP in front of a mound of illegally dumped plastic.
While it is unclear just how much of the imported waste plastic meant to be recycled is ending up in illegal dumps, as long as recycling is expensive it remains a possibility.
As Western Europe pays for the waste to be taken away, there is a financial temptation for Turkish firms that import it to dump it rather than pay to recycle it.
Interpol warned in August about the rising involvement of criminal organisations in the global illegal plastic waste trade.
And activists have warned about the environmental problems caused by illegal dumping and burning of plastic waste.
‘Can’t easily be controlled’
Despite its green aspirations, the EU still recycles less than a third of its plastic waste, burning or burying the rest. It only recycles half that itself, sending the remainder abroad.
Turkey became Europe’s go-to destination for plastic waste after China began to close its doors to foreign waste from January 2018.
Monthly imports of plastic waste from Europe leapt by more than ten-fold from 2016 to 2019, according to Eurostat data, with Turkey taking in nearly a quarter of what the EU exported last year.
Britain led the way by far, accounting for over a quarter by itself.
In September, Turkey’s environment ministry instructed recycling companies to import no more than 50 percent of their needs and to source the other half domestically.
Meanwhile, Greenpeace Mediterranean has called for a total ban on plastic waste imports in Turkey and also pointed to the lack of inspections and transparency over the sector’s operations in Turkey.
Cukurova University professor Gundogdu agreed: “This isn’t a thing that can be easily controlled”.
Waste mountains or thread
But not all plastics imported from Europe end up being dumped along roadsides, as AFP saw in the province of Gaziantep, where an empty Sainsbury’s bottle of olive oil began its journey to become thread.
Plastic bottles imported from Europe and the United States are cleaned, ground into flakes and melted down to become fibre which is then transformed into thread for use in clothes.
GAMA Recycle exports 1,500 tonnes of it every month to 30 countries including Spain.
The company’s chairman Zafer Kaplan said some of the recycled thread is used by global brands such as H&M, Zara and Ikea as well as Turkish fashion retailers.
‘Good for the environment’
Although Kaplan acknowledged Turkey needs to improve its domestic waste collection system, he said “even if we collected all of our waste, this wouldn’t be enough to meet the recycling industry’s needs.”
Demand for the recycled products from European and Middle Eastern countries outstrips what Turkey could produce from domestic plastic waste, Kaplan said.
Moreover, it is taking “material that would not decompose for many years” if left in landfills and “makes it something that can be reused,” said Mehmet Dasdemir, who coordinates the research and development department at GAMA.
“And this is good for the environment.”
False idea about recycling
But Gundogdu said there is a false idea among the public that plastic is suitable for use as it is being recycled, when a drastic reduction in their use is needed.
Environmentalists now worry about a surge in the use of plastic because of the coronavirus pandemic as people don masks, gloves and other personal protective equipment usage.
Some of the illegally dumped waste ends up in rivers that empty into the Mediterranean Sea, with the plastic washing up on Turkish beaches, putting the tourism industry at risk.
“We come across single-use plastics the most in the seas,” said Greenpeace Mediterranean’s plastics project director Nihan Temiz Atas, who called for a ban on their use.
It is bound to reforms of diversifying its economy and modernising its business environment.
A visit of Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations in Alger, Algeria today and tomorrow is notably to reiterate the EU support to the country in differentiating its economy. This is in a way to acknowledge that Algeria to fully play a major role in the region, it is bound to reform.
So as per the European Commission, ahead of the mission, Commissioner Hahn said: “The European Union will continue to support Algeria in its efforts to diversify its economy and modernise its business environment. The EU-Algeria Partnership Priorities adopted earlier this year put a strong emphasis on economic matters. It is now time to translate these priorities into concrete actions and reforms“.
Taking up the ideas made at my Conference at the European Parliament on “the Maghreb facing geostrategic challenges” and after some concern about Algeria breaking off the agreement with the European Union, Algerian officials were clear. These have reiterated that there is no question of that happening but it is rather negotiating for a win-win partnership.
Cooperation for shared prosperity
At different visits both in Algiers and in Brussels, the Algerian and European parties reaffirmed the common determination to enhance relations proclaimed ambitions. The will would be to “densify” this cooperation, according to the Algerian Minister of Foreign Affairs, for whom “assessment called for by the Algeria does not call into question the agreement, but try to fully use it in a more positive interpretation sense of its provisions allowing a re-balancing of the cooperation links.
As per the European Union side’s ‘constructive’ discussions, I received an official invitation from the EU’s Ambassador of the European Union to Algiers to join in as an independent international expert for a working dinner on the occasion of the 3 day visit (July 19 through 21, 2017) of the European Commissioner in charge of the European neighbourhood policy and the enlargement negotiations, Johannes HAHN.
Thankful but sadly unable to honour this invitation for personal reasons, I nonetheless received from friends in Brussels a copy of the EU proposals to the Algerian Government. The terms of the Association Agreement stipulate that “the will to intensify political dialogue of high level, in a context of revitalisation of relations of cooperation, through the joint assessment of the implementation of the association agreement and the definition of the priorities of the partnership, adopted during last March 13 Association Council on the revised European neighbourhood policy.”
My view has as always been that Algeria and the EU have for objective to consider ways and means of implementing all conclusions of the joint assessment of the agreement including diversification of the Algerian economy and promotion of exports of nonhydrocarbon and productive investments.
According to the EU side, promising bilateral relationship in the field of energy, in business and trade activity, has an unexplored, even if potentially encumbered by red tape and persistent political decisions. However, the situation in the country remains dependent on the evolution of the oil markets and oil exports related revenues, recalling that energy cooperation, based on a specific Protocol, would be at the center of the cooperation with the EU.
It is as such, that the Council of Ministers as of October 6, 2015 considered necessary to reassess both economic and commercial aspects of the Association Agreement with the EU that have not achieved the expected objectives of the European investment in Algeria.
While article 54 of the Agreement for the promotion and protection of investments stipulates that cooperation is the creation of a favourable climate to investment flows and is realized through the establishment of harmonized and simplified procedures of the mechanisms of co-investment (especially between small and medium-sized enterprises) as well as devices for identification and information on investment opportunities favourable to investment flows and establishing a legal framework promoting investment, its protection, avoid double taxation and promote technical assistance actions of promotion and guarantee of domestic and foreign investment.
Algéria with Europe Trade
The official 2016 exports balance sheet show a decline to $28.88 billion in 2016 against $34,66 billion in 2015, or a fall of 16.7 percent. Non-oil, marginal exports fell to $2.063 billion in 2016 against $2.582 billion in 2015 (-20,1%); over 50% of these being made up of derivatives of hydrocarbons.
As far as imports are concerned, these also declined but at a lower rate to $46.72 billion in 2016 against $51.7 billion in 2015, down 9.62% giving a trade balance deficit of about $18 billion before adding all services and legal transfers of capital.
Trade recorded during the first quarter of 2017, $15.42 billion in total imports and $11.92 billion in exports, an increase of 36.94% compared to the same period in 2016.
From geographical distribution point of view, the members of the EU are the major trading partners of Algeria that imports for 49.21% of its products and exports 68.28% mainly hydrocarbons.
In 2016, according to the Algerian Customs, China in 2016 was the leading trading partner of Algeria, with a market share of close to 18%. France came second with a share of 10.15%, followed by Italy with 9.93%. Spain and Germany were respectively in the 4th and 5th position in this ranking.
For 2016, Algeria’s customers were Italy with a market share of 16.55% of the exports and Spain coming second followed by the United States and France.
During the first four months of 2017, Italy was the main customer with a share of 18.01% followed by the 12.02% of Spain and France’s 10.89%.
China, which is the main supplier, has shipped 20.47 percent of imports, followed by France with 8.49% and Italy with 7.02%. If China is the big beneficiary of Algerian imports, the deficit in trade between the two countries is huge between 2007 and 2016 while official reviews were always headed towards Europe.
Deepen the reforms
In order for Algeria to negotiate, it implies some change in the prevailing bureaucratic tendencies of the Algerian State that are incongruous today in the 21st century. It is no more the State’s role to invest but rather to play a role of regulator like reconciling economic efficiency with a deep social justice; the economic operators being driven by the logic of profit.
The concerns being certainly legitimate because tariff cuts produced a drop in the short-term depending on sources of between $1.5 and 2 billion a year as a result of the EU’s tariff relief.
The situation of Algeria as mono exporter does not help, so are the majority of the OPEC countries; these are members of the WTO. The great challenge for Algeria would definitely be to accelerate the overall reform so as to allow it pull some comparative advantages of its insertion in the internationally institutionalised division of labour.
To benefit from the positive effects of the agreement with Europe towards a possible WTO membership, there is need to first tidy up the Algerian economy but for that, there are obstacles to a fully comprehensive reform of all its segments.
Any operational analysis should connect the progress or the refusal to the reforms by analyzing strategies of the social presence of each tendency; the Government’s policy forces happen to be lying fluttered between two conflicting social forces. On the one hand, partisans of the logic of rentier as supported by proponents of import and on the other, those of the informal sphere that is unfortunately dominant and with a minority entrepreneurial logic.
This might explain how Algeria finds itself in this interminable transition, neither in competitive social market economy nor in an administered economy; progress of reforms being inversely pro portional to the oil price and the value of the Dollar and reforms being tentatively made with inconsistency when the oil price drops. This explains also that despite successive devaluation of the Dinar, to meet the reality of deficit budget and boosting inflation imported, 5 dinars in 1974 a Dollar to 120 Dinars a Dollar in 2017, it has been impossible to boost non-oil exports showing that blocking is systemic.
GDP growth rate is directly and indirectly at 80% through the building and infrastructure development sectors and so is the employment rate, all as pulled by public expenditure through the oil and gas exports revenues which gives wealth creation companies of public or private wealth (often in debt with respect to public banks) a negligible part. Infrastructure being only a means towards an end, the recent experience of Spain that bet on this segment must be carefully meditated by the Algerian authorities. So, in order to attract any investment, the Algerian Government should implement regulatory mechanisms to attract promising investors and avoid for as much as possible any changes in the legal frameworks and any bureaucratic administrative actions that are not only not transparent but source of demobilization and potentially scaring investors whether they are local or international.
Without chauvinism, Algeria has potential options for moving on and unlike some pessimistic forecasts predicting a worst-case scenario for year 2020, it, subject to good governance and a reorientation of its economic policy, has the ambition of its choice.
It can become a player in determining the stability of the Mediterranean region and Africa, conditioned by its economic and social development within regional spaces, analysis supported in my international interviews including Radio France International (RFI) of 27/02/2016 and by the American Herald Tribune of December 28, 2016 and Radio International Mediterranean Midi1 of January 14, 2017.
Successful structural reforms allowing Algerian recovery is possible, but for this, a reform of all structures must be intended to encourage value-added creation investment from the overhaul of all land and property estates, finance, customs, tax, administration and a renewed social welfare regulation systems. There is urgency to specific objectives and a new institutional organization in order to give greater coherence to the management.
In summary, Algeria for the United States of America and for Europe is politically a major player in the region’s stability whereas economically although it holds significant potential, it realistically has little export options outside its hydrocarbon resources to both Europe and Africa in the light of the embryonic state of the productive sector?
Let’s avoid rushing to conclusions by giving a total of $7 billion accumulated losses over several years and thus mislead the public opinion. Customs duties shortfalls as a result of the Association agreement with the EU (with the Dinar being devalued by 20% in 2017) were accounted to be $1.27 billion in 2015 and 1.09 billion in 2016.
Contradictory debates in association with all components of society, tolerating the different sensitivities and the need for social cohesion seem to be the only way to overcome the present multidimensional crisis, because the social adjustments could eventually be painful. The macroeconomic framework seeming to be relatively stabilized in Algeria could be fleeting without deep structural reforms, the decline in the price of hydrocarbons and the risk after the exhaustion of the Reserves Fund that of foreign exchange reserves between 2019 and 2020.
The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of the Kingdom of Morocco have today agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition. Specifically, IRENA and Morocco will work closely to advance the national green hydrogen economy as the country aims to become a major green hydrogen producer and exporter.
Originally posted on looking beyond borders: As a key player in the recent Israeli-Palestinian ceasefire and with its diplomats more active than they have been in years, Egypt is back as a major influencer in Middle Eastern affairs. From Gaza to Libya, the Eastern Mediterranean to the Horn of Africa, Cairo is now key in…
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