As US monetary policy enters a new phase and amid White House pressure for the Fed to lower interest rates, a trusted Wall Street insider with government experience has been asked to step up
After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…
Unusual selloffs, concern about jobs, and questions over interest rates led to a recent global panic, with some big firms losing $300bn overnight. Then the world righted itself. What does it tell us?
Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its overnight interest rates…
The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit unexpectedly on Wednesday.
President…
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.
Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.