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…
Cheap unmanned aerial vehicles cost only a few thousand dollars to make, but are costing millions to defend against, turning the economics of war on its head
Britons seem fed up with establishment parties after Labour's disastrous performance in this week's local elections, and the Tories' similar failure two years ago
Nestled on the southern Mediterranean coast, Egypt's quaint coastal metropolis marked its inception as an ancient city that wore many hats across civilisations