A giant $30bn four-reactor nuclear plant on Egypt's Mediterranean coast could ease some of the country's energy costs, but it would be paid for largely by a Russian loan
Over a year into U.S. President Joe Biden’s first term, the United States is still fighting former President Donald Trump’s economic wars. Biden’s rhetoric is less extreme and more polite, but his…
The recent rise intheinterest rateraisedseveral questions, especially after a long-term decline in interest rates. Some said it is the end of low-interest rates and cheap money; others state that…
Iranian state television reported that “thieves cut into the vault of a branch of Bank Melli (Persian for National Bank) from a neighboring building in Tehran.” As a result, hundreds of Iranians lost…
As trade officials gather on the calm shores of Lake Geneva for the World Trade Organization’s long-delayed 12th ministerial conference, a perfect storm is brewing in the multilateral trading system…
Recently, many editorials of leading American newspapers criticized President Joe Biden for his repeated claims that the Russian invasion of Ukraine was the main cause for the staggering inflation…
The Egyptian government has signaled its intention to press ahead with seismic plans to sell off huge stakes in key national enterprises, including those run by the country’s powerful military, in…
Turkey's lira dipped 0.4% against the dollar on Tuesday as concerns over rampant inflation were stoked by President Tayyip Erdogan's pledge to continue cutting interest rates.
In a Monday evening…
The role of African governments in the economic development of their countries is crucial, which is why they tend to be centered by foreign governments in strategies focused on economic issues. This…
In modern times market agents such as consumers and firms only respond to incentives. Clearly articulated by Karl Polyani, we live in a time whereby social institutions are embedded in the market. As…
"I've rushed things. I should not have started the franchising system until I made sure I had a solid business model and the right people to take care of the franchise. I thought the franchisees…
A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?
As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?
Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent