Many of the big regional energy producers retain strong credit ratings as they boost their borrowing. How the money is spent will determine the wisdom of each approach.
As European banks retreat, debt balloons, and price volatility spooks central banks, Morocco's national currency is increasingly being used in continental trading.
Policymakers' main worry ahead of Rachel Reeves' announcements this week centred on the reaction of the bond markets. So far, they have received a cautious welcome.
Macron has spent a fortune, bond yields are going up, stocks are falling, Brussels is demanding reform, the IMF is preparing an emergency package, and populists are at the gate... Sacré bleu!
The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
The global debt burden decreased for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund’s…
Downgrade was prompted by declining foreign exchange inflows, continued restrictions to the Egyptian pound's exchange rate, as well as external pressures to the economy
Egypt has finalized a staff-level agreement with the international monetary fund (IMF) on the components of its program, and will issue an announcement "very soon," the country's finance minister…
Debt hysteria is the best terminology that can be used to describe what’s going on. It feels like the world will end when you hear headlines saying the USA is going to run out of money by the end of…
The standoff in the Hormuz is not simply a question of whether Tehran can survive economic pressure, but whether Washington can sustain the pressure at an acceptable cost.
Many Israelis actually believe that they lost the war, with opposition leader Yair Lapid accusing the Israeli premier of having led the country into "strategic collapse and diplomatic catastrophe"
The Strait of Hormuz is now poised to become the primary arena of confrontation, with Iran relying on speedboat-driven guerrilla warfare to confront the US navy.
Former regime soldiers are stuck in limbo, as their undocumented status prevents them from working, travelling, and curbs family members' access to education, healthcare and social services