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Le Groupement d’Intérêt Économique Monétique (GIE Monétique), l’organisme officiel chargé des systèmes de paiement électronique en Algérie, a annoncé le relèvement du plafond de paiement […]

L’article Paiement AADL 3 : le plafond des cartes CIB et Edahabia relevé exceptionnellement vers ce montant est apparu en premier sur .

As Donald Trump renews his claim on the Arctic island, European capitals signal unity with Denmark while using NATO to avoid confronting the United States

Am 7. März 1981 traf Lady Diana in London erstmals auf Grace Kelly. Die 19-Jährige war so nervös, dass sie in Tränen ausbrach. Getröstet wurde sie von der Hollywood-Ikone selbst.

Présentée comme l'acte fondateur de l'autonomie économique du Mali, du Burkina Faso et du Niger, la Banque confédérale d'investissement et de développement de l'AES soulève une question centrale : d'où viendront réellement les fonds ? Entre rentes minières, pétrole, préfinancements étrangers et promesses de monnaie commune, l'équation financière du Sahel est plus complexe — et plus risquée — qu'un simple discours de rupture.

Une banque créée sans trésor de guerre

Avec un capital initial annoncé autour de 500 milliards de francs CFA, la Banque confédérale d'investissement et de développement (BCID-AES) naît avec des moyens limités au regard des ambitions affichées. Cette dotation ressemble davantage à un point de départ symbolique qu'à une véritable capacité de financement.

L'or, premier levier… mais instable

Au Mali et au Burkina Faso, l'or constitue la principale source de devises. Cette rente est cependant fragile, soumise à la volatilité des cours mondiaux et à l'instabilité politique et sécuritaire.

Le pétrole nigérien, actif le plus bancable

Le pétrole d'Agadem, exporté via le pipeline Niger-Bénin, offre un flux de devises relativement prévisible. Il permet des mécanismes de préfinancement mais au prix de garanties lourdes sur la production.

Uranium : richesse stratégique, risque juridique

L'uranium nigérien représente un levier stratégique majeur, mais les contentieux internationaux et les incertitudes juridiques limitent sa bancabilité immédiate.

Qui financera vraiment la banque de l'AES ?

À court terme, les bailleurs les plus susceptibles d'intervenir sont la Chine, certains fonds souverains du Golfe et des institutions liées aux BRICS, sur une base strictement commerciale.

Une monnaie AES : symbole politique ou risque économique ?

Sans réserves de change solides ni banque centrale crédible, une monnaie AES serait faiblement convertible et exposerait les populations à une inflation importée.

Le vrai test : transformer les ressources en garanties durables

La crédibilité de la BCID-AES se jouera dans sa capacité à transformer des ressources naturelles en financements durables sans hypothéquer la souveraineté future.

Gemäss Blick-Informationen steht Innenverteidiger Colin Kleine-Bekel vom VfL Bochum kurz vor einem Wechsel zum FC St. Gallen. Der 22-Jährige könnte schon bald die Defensive der Espen verstärken.

Nach einem hart umkämpften Achtelfinal steht Ägypten im Viertelfinal des Afrika-Cups. Gegen Benin fiel die Entscheidung erst in der Verlängerung, in der Yasser Ibrahim und Mohamed Salah die Tore zum 3:1 erzielten.

XXL-Gesetze im Bundeshaus: Ein wichtiger Paragraf reicht mittlerweile bis zum Buchstaben X. «Das versteht niemand mehr», kritisiert ein SVP-Nationalrat. Doch ein anderer Paragraf geht schon dreizehnmal über das Z hinaus.

Wieder eine miese Saison? Die Lage schien hoffnungslos. Doch Nashville ist plötzlich wieder im Rennen – seit der Captain wieder an Bord ist.

Inmitten von Reisfeldern, Klassenzimmern und Werkstätten erlebt Didier Cuche Kambodscha: Im Dorf von Smiling Gecko engagiert er sich für das Hilfsprojekt – und geniesst mit Frau und Kindern den Pool des Hotels, dessen Einnahmen den Ärmsten zugutekommen.

Sport365.hu: Tragikus hír rázta meg január 5-én a magyar sporttársadalmat: 34 éves korában meghalt Dudás Miklós világbajnok kajakozó – számolt be róla az Index értesüléseire hivatkozva az MTI. A hírek szerint a sportolót budapesti, XVIII. kerületi otthonában találták holtan. Az ügyben a rendőrség is megszólalt: az MTI megkeresésére Csécsi Soma rendőr alezredes, a Budapesti Rendőr-főkapitányság szóvivője közölte, hogy a helyszíni szemle alapján idegenkezűség, bűncselekmény gyanúja nem merült fel.

Les services de la Gendarmerie nationale ont mené une opération d’envergure dans la wilaya de Sétif, aboutissant au démantèlement d’un atelier clandestin spécialisé dans la […]

L’article Sétif : ils fabriquaient de fausses épices dans un atelier clandestin, un réseau arrêté est apparu en premier sur .

L’équipe d’Algérie s’apprête à entrer dans une phase décisive de la Coupe d’Afrique des nations CAN-2025 en affrontant la RD Congo, ce mardi, dans le […]

L’article Algérie – RD Congo : à quelle heure et sur quelles chaînes voir le match ? est apparu en premier sur .

Nach einem spektakulären Rechtsstreit gegen Easyjet benannte sich Easyfly in Clic Air um – mit Erfolg. 2025 war die kolumbianische Airline die am schnellsten wachsende Fluggesellschaft der Welt. Sie feiert nun ihr 20-jähriges Bestehen. Und will weiter wachsen.

A következő parlamenti választáson csak párttagok lesznek az SNS jelöltlistáján. Roman Michelko azt nem zárta ki, hogy ismert személyek is felbukkanhatnak a listán, de nem lehetnek más párt tagjai.

Milan Majerský, az ellenzéki KDH elnöke szerint konzervatív és progresszív pártok képesek együtt kormányozni. Reméli, konzervatív pártként „könnyebben fognak lélegezni” a legutóbbi alkotmánymódosítás miatt. Azt viszont leszögezte, a progresszív pártok nem erőltethetik olyan dolgok elfogadását, amelyek ellentétesek a KDH meggyőződésével.

Pro-Democracy protesters gather in front of the headquarters of the Sudanese army in the capital, Khartoum. Credit: Masarib/Ahmed Bahhar via UN News

By Robert Misik
VIENNA, Austria, Jan 5 2026 (IPS)

Consider our political systems not merely as battlegrounds of passions, ideologies and economic interests, but as systematically functioning arrangements of interactions, akin to game theory. In recent decades, we have witnessed the dissolution of large homogeneous groups into numerous subgroups — a patchwork of minorities.

This fragmentation, compounded by individualisation and the resulting weakening of strong political bonds, has profound consequences for democratic governance.

In nations with majority voting systems, this process fragments the party system itself. As dissatisfaction with political parties grows – initially quietly but eventually becoming pronounced – new parties emerge, further splintering the political landscape.

This increasing fragmentation complicates government formation and makes majorities more precarious. Often, only coalitions that can agree on the lowest common denominator are formed. Consequently, the outcomes of politics do not necessarily improve; in most cases, they worsen.

A vicious circle

Decisive action, bold moves and clear leadership have become increasingly elusive. This reinforces dissatisfaction and the prevailing sentiment among voters that politicians are failing to achieve meaningful results. Doubts about the effectiveness of the political system become self-perpetuating, creating a situation where decisive politics is nearly impossible.

The rise of populists and right-wing extremists is both a consequence of this stagnation and a further catalyst — a ratchet effect. Right-wing agitators stoke discontent, transforming it into anger and outrage while exploiting negative emotions.

As they gain strength, democratic politics becomes more paralysed, often preoccupied with defending against radicalism, preventing the worst outcomes, and forming coalitions whose members can agree on little more than a lacklustre commitment to ‘more of the same’.

When social cohesion erodes, the radical right gains ground — which then leads to even more division. The perceived polarisation and alienation that accompanies the rise of right-wing extremism increases the perception of social disintegration and decay.

Democracy gives rise to its own threats

In a sense, right-wing radicalism is itself the problem that it then laments in a subsequent cycle. It is the disintegration that it denounces. In this way, it contributes to the chain of evidence that reinforces authoritarian reflexes. Authoritarianism feeds authoritarianism.

These framework conditions of political systems – fragmentation and the resulting weakness of action – lead German democracy theorist Veith Selk to diagnose that modernisation and social change are increasingly putting democracy under stress, making a reversal unlikely.

This presents a rather depressing diagnosis of decline: democracy gives rise to its own threats.

Additionally, globalisation necessitates ‘global governance’, which, even under favourable circumstances, has historically produced solutions at an unbearably slow pace and is now reaching its limits amid chaotic multilateralism.

Conversely, ‘de-globalisation’ – through national power politics, tariffs and trade wars – provides no relief and instead creates new problems, such as the loss of sales markets, disrupted supply chains and a consequent decline in economic growth, potentially destroying whole economic sectors.

Europe’s mounting crises

The emergencies of the future are already on the horizon. The climate catastrophe threatens not only our livelihoods but also has tangible economic repercussions. Crop failures due to droughts and floods are already contributing to rising inflation in the cost of living, particularly for vegetables and fruit.

This situation is certain to become much more severe. Even if successful, socio-economic transformation will be costly. Insurance companies may face financial difficulties, asset portfolios could lose value rapidly, and if we are unfortunate, a sudden ‘Minsky moment’ could trigger a downward spiral leading to a financial crisis.

Ageing populations are already straining public finances, with healthcare and care systems becoming increasingly expensive, pushing European welfare states to their financial limits.

Government debt is rising, and under current conditions, it will be more challenging to “grow out” of debt than it was in the past. Growth will be harder to mobilise, and austerity is not a viable alternative, as contraction strategies lead to dire consequences. These are all concerning prospects.

Here are a few highlights:

Germany’s economy has stagnated for six years, and private investment remains weak. France is facing a budget deficit of 5.8 per cent and a public debt ratio of 113 per cent of GDP, while sliding from one government crisis to another. Political actors are unable to achieve a socially just change of course that would reconcile savings in the pension system with additional revenue from wealth taxes.

Austria was projected to have a budget deficit of six per cent, prompting left-wing Keynesian Finance Minister Markus Marterbauer to assemble a package of tightening measures aimed at reducing the deficit to 4.5 per cent by 2025.

Ensuring that large fortunes contribute to costs through higher taxation is not only a matter of fairness but also an economic necessity — yet there is a lack of parliamentary majorities for decisive measures nearly everywhere.

There is a growing desire for politics to provide sensible solutions instead of getting bogged down in petty details.

A whole panorama of emergencies is unfolding before us. As noted earlier, most of those in power have little energy or flexibility to think and act beyond daily problems. This situation has tangible and psychopolitical effects: citizens feel that things are deteriorating and that serious trouble is brewing, while simultaneously sensing that those in power are merely tinkering with details.

For many, this leads to outright fear and a generally pessimistic mood, which in turn fuels the rise of right-wing radicals.

The political forces of the left and the conservative centre must, above all, demonstrate their ability to act together. A few years ago, the prevailing view was that various political camps should dare to engage in more conflict to make democratic life more vibrant.

At that time, there were complaints about everyone crowding into the centre and becoming interchangeable. However, we find ourselves in a different situation today.

There is a growing desire for politics to provide sensible solutions instead of getting bogged down in petty details or wasting time on pointless culture wars. The left may need to acknowledge that states are reaching their financial limits, while conservatives must recognise that clientele politics, which ensures free rides for the super-wealthy, is no longer viable.
Urgent issues require swift action, and all of this comes at a high cost.

Rhetoric is no longer effective, and pandering to the extreme right leads nowhere. Conservatives, in particular, need to understand this, as they sometimes give the impression that they view fascists as merely slightly more radical conservatives (or conservatives as moderate fascists).

This perception is not only misguided; it also highlights a significant identity crisis within traditional conservatism. Fortunately, some are beginning to realise that authoritarianism is not a relative; it is the enemy. The best way to undermine it is to demonstrate a commitment to action.

Robert Misik is a writer and essayist. He publishes in many German-language newspapers and magazines, including Die Zeit and Die Tageszeitung.

This is from a joint publication by Social Europe and IPS Journal.

Source: International Politics and Society (IPS), Brussels, Belgium

IPS UN Bureau

 

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Beim abschliessenden Springen der Vierschanzentournee in Bischofshofen werden sämtliche vier Schweizer dabei sein.

Keine Spur von Altersmilde bei Walter Andreas Müller im Strassenverkehr. In der SRF-Sendung «Wie tickt die Schweiz?» kritisiert er überkorrekte Autofahrer und das Bremsen vor Blitzern.

Mfor.hu: Vegyesen alakult a forint árfolyama hétfő (1. 5.) estére a nemzetközi devizapiacon. Az euró árfolyama a reggel hét órakor jegyzett 383,54 forintról 383,88 forintra változott este hat órára. A svájci frank jegyzése a reggeli 413,27 forintról 413,57 forintra emelkedett, míg a dolláré 328,23 forintról 327,71 forintra süllyedt.

Donald Trump zeigt, dass er Grenzen nicht scheut. Nach Venezuela rutscht auch Grönland ins Visier des US-Präsidenten. Das sicherheitspolitische Paradox: Die Insel wird von der Nato geschützt – und genau diese Schutzmacht wird zum Risiko.