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tag: idrocarburi

f799aef_1654261090544-000-323u447.jpg 07 June 2022

In Algeria, with 70 million pairs of shoes that are imported annually, it would be necessary to relaunch leather and footwear but...

Le Monde points out that Algeria is among the beneficiaries of the war in Ukraine due to the soaring prices of hydrocarbons. However, tapping into hydrocarbon revenues to buy social peace with subsidies frustrates attempts to modernize industry. Due to the efforts made by the state, textile-clothing and leather-footwear were on the rise, but after Covid the production of leather-footwear fell to only 4.4 points above the 1989 level.  Recovery is uncertain because the benefit of gas exports discourages reforms

 

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43Z662NRWNLRBPGTL6UKCDMFLM.jpg 16 April 2022

Germany risks losing its leadership in industrial production in the ongoing crisis

This is especially true for hydrocarbons. According to the main German economic institutes (RWI, DWI, Ifo, IfW, IHW) without Russian gas and oil supplies the German economy would incur a "deep recession".

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