Seeking Re-Election, Algeria’s Tebboune Touts Gains 

A handout photo made available by the Electoral Campaign of Candidate Tebboune Press Service shows Algerian incumbent-President Abdelmadjid Tebboune delivering a speech as part of his campaign for the upcoming presidential election in Algiers, Algeria, 03 September 2024. (EPA/ Tebboune Campaign Press Service Handout) 
A handout photo made available by the Electoral Campaign of Candidate Tebboune Press Service shows Algerian incumbent-President Abdelmadjid Tebboune delivering a speech as part of his campaign for the upcoming presidential election in Algiers, Algeria, 03 September 2024. (EPA/ Tebboune Campaign Press Service Handout) 
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Seeking Re-Election, Algeria’s Tebboune Touts Gains 

A handout photo made available by the Electoral Campaign of Candidate Tebboune Press Service shows Algerian incumbent-President Abdelmadjid Tebboune delivering a speech as part of his campaign for the upcoming presidential election in Algiers, Algeria, 03 September 2024. (EPA/ Tebboune Campaign Press Service Handout) 
A handout photo made available by the Electoral Campaign of Candidate Tebboune Press Service shows Algerian incumbent-President Abdelmadjid Tebboune delivering a speech as part of his campaign for the upcoming presidential election in Algiers, Algeria, 03 September 2024. (EPA/ Tebboune Campaign Press Service Handout) 

Abdelmadjid Tebboune, who assumed Algeria's presidency during mass protests, is touting his achievements as he seeks another term. Yet, five years after the movement faded, some say real change remains elusive.

The Hirak protests, which led to the ousting of longtime President Abdelaziz Bouteflika in 2019, aimed for a comprehensive political overhaul.

Tebboune, a minister under Bouteflika, took over as president in December that year after widely boycotted elections, as the movement was stifled and its leaders were imprisoned.

Now, as he campaigns for the September 7 election, Tebboune says he has succeeded in rectifying the country's past wrongs with broad achievements and is promising more if re-elected.

Despite more than 100 weeks of demonstrations, Tebboune "dismissed the democratic transition demanded by millions of citizens", said Hasni Abidi, an Algeria analyst at the Geneva-based CERMAM Study Center.

Abidi said a change in leadership alone was insufficient to bring about a "new era", despite Tebboune's frequent references to a "new Algeria".

Even as his first term nears its end, Tebboune still faced the "difficulty of bringing about profound change", he said.

Algeria-based political commentator Mohamed Hennad said this change should primarily be political.

"As long as political questions are not legitimately resolved, any economic, cultural, or diplomatic discourse is pure diversion," he told AFP.

The Hirak movement withered away with the onset of the Covid-19 pandemic, coupled with a sweeping crackdown on protesters. Hundreds were arrested, and dozens remain behind bars or are still being prosecuted, according to prisoners' rights group CNLD.

'We suffered a lot'

Since taking office, Tebboune has claimed to have put Algeria back on track, frequently referring to Bouteflika's last years in power as the "mafia decade" where control of the oil-rich country was concentrated in the hands of a "gang".

During his tenure, several businessmen, ministers and political figures from that era, including Bouteflika's brother Said, were convicted on corruption charges and imprisoned.

Tebboune also says he has successfully transformed Algeria into an emerging economy, now Africa's third-largest.

Abidi, however, points out that Tebboune's success has been aided by a "favorable international setting", with the Ukraine-Russia war driving up natural gas prices to the benefit of Algeria, the continent's top exporter.

This economic windfall has allowed Tebboune to deliver "local-interest speeches steeped in populism", said Abidi, with promises of free housing, raising the minimum wage and higher social pensions.

At a recent rally in Oran, Tebboune pledged to create 450,000 jobs and increase monthly unemployment benefits if re-elected.

Launched in 2022, unemployment benefits now provide 13,000 dinars ($97) to people aged 19 to 40, and Tebboune has promised to raise this to 20,000 dinars -- currently the minimum wage.

Despite these pledges, critics have said social and economic progress under Tebboune has been slow.

But the president often defends his record by saying his achievements have come despite "a war against Covid-19 and corruption" following the Hirak movement.

Abdelhamid Megunine, a 20-year-old student in Algiers, recalls that period with bitterness.

"We suffered a lot," he told AFP. "Prices and the cost of living have since increased."

Although Algeria's economy has grown at a rate of about four percent over the past two years, with foreign exchange reserves reaching $70 billion, it remains heavily dependent on oil and gas.

Hydrocarbon exports account for about 95 percent of the North African country's hard currency revenues, which are crucial for sustaining social assistance programs.

On foreign policy, Tebboune's tenure has seen a mix of successes and challenges.

Algeria gained international attention in January when it became a non-permanent member of the UN Security Council, where it has been a strong advocate for Palestinian rights.

However, relations with neighboring countries, especially Morocco, have worsened, largely due to the ongoing dispute over Western Sahara.

Similarly, relations with France, already strained due to a history of colonialism, recently suffered a blow.

Last month, French President Macron said Morocco's autonomy plan was the only solution for Western Sahara, which the United Nations still considers as a "non-self-governing" territory.

In response, Algiers withdrew its ambassador to France, condemning the move as a "step that no other French government had taken before".



Report: Arms Producers Saw Revenue up in 2023 with the Wars in Ukraine, Gaza

GROT C16 FB-M1, modular assault rifles system is seen at PGZ (Polska Grupa Zbrojna) arms factory Fabryka Broni Lucznikin Radom Poland, November 7, 2022. REUTERS/Kacper Pempel
GROT C16 FB-M1, modular assault rifles system is seen at PGZ (Polska Grupa Zbrojna) arms factory Fabryka Broni Lucznikin Radom Poland, November 7, 2022. REUTERS/Kacper Pempel
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Report: Arms Producers Saw Revenue up in 2023 with the Wars in Ukraine, Gaza

GROT C16 FB-M1, modular assault rifles system is seen at PGZ (Polska Grupa Zbrojna) arms factory Fabryka Broni Lucznikin Radom Poland, November 7, 2022. REUTERS/Kacper Pempel
GROT C16 FB-M1, modular assault rifles system is seen at PGZ (Polska Grupa Zbrojna) arms factory Fabryka Broni Lucznikin Radom Poland, November 7, 2022. REUTERS/Kacper Pempel

Major companies in the arms industry saw a 4.2% increase in overall revenue in 2023 with sharp rises for producers based in Russia and the Middle East, a new report said Monday.

The report by the Stockholm International Peace Research Institute, or SIPRI, said revenues from the top 100 arms companies totaled $632 billion last year in response to surging demand related to the wars in Ukraine and Gaza.

It said that “smaller producers were more efficient at responding to new demand."

By contrast, some major companies such as US-based Lockheed Martin Corp. and RTX that were involved in complex, long-term contacts registered a drop in earnings, according to The AP.

The 41 US-based arms companies among the world's top 100 saw revenues of $317 billion, a 2.5% increase from 2022, the report said.

Since 2018, the world's top five companies in the industry are Lockheed Martin Corp., RTX, Northrop Grumman Corp., Boeing and General Dynamics Corp.

Six arms companies based in the Middle East and in the world's top 100 saw their combined revenues grow by 18%, to a total of $19.6 billion.

“With the outbreak of war in Gaza, the arms revenues of the three companies based in Israel in the top 100 reached $13.6 billion,” the highest figure ever recorded by Israeli companies in the SIPRI reports, the institute said.

The slowest revenue growth in 2023 was in the European arms industry, excluding Russia. Revenue totaled $133 billion or 0.2% more than in 2022, as most producers were working on older, long-term contracts.

But smaller companies in Europe were able to quickly tap into the demand related to Russia's war against Ukraine.

Russia's top two arms companies saw their combined revenues increase by 40%, to an estimated $25.5 billion.

“This was almost entirely due to the 49% increase in arms revenues recorded by Rostec, a state-owned holding company controlling many arms producers,” the SIPRI report said.