Libya’s Fiscal Fiction
Fixing Libya’s economy will require undoing the racket, not cosmetic consensus Libya’s economy is in free fall, and
France announced Thursday it’s unaware of any Algerian trade restrictions but is monitoring the situation amid worsening ties over Paris’s recent recognition of Morocco’s sovereignty over Western Sahara. Algeria, which supports the Polisario Front's independence movement, reacted strongly to France's stance. French Foreign Ministry spokesman Christophe Lemoine stated they’re closely observing impacts on French firms. Algerian Prime Minister Nadir Larbaoui’s office denied ex-ambassador Xavier Driencourt's claims suggesting looming trade measures.
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