Another diplomatic slap for Algiers and a brutal return to square one: by unilaterally postponing its high-level summit with Algeria, scheduled for October 20 and 21, Madrid has shattered hopes of the reconciliation so loudly celebrated by Abdelmadjid Tebboune. The case of Ayoub Aïssiou, the once all-powerful businessman who has become the regime’s sworn enemy from his Spanish exile, is the real trigger behind this latest crisis. In Algiers, euphoria is giving way to panic.