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…
Having served up months of entrées, the US president 'paused' his most onerous levies on most countries after the markets choked on the main course. What now for consumers and food producers?
An informed Yemeni military source says a US-backed Yemeni government assault is likely to begin "between mid and late May" after US air strikes have crippled key Houthi military assets
Featuring a production market, workshops, discussions, and international collaborations, this year's festival shows that the event has evolved into a space that shapes films before they are made.
In the past year, the prime minister has cast aside his army chief, defence minister, intelligence head, and attorney-general, while subordinating the judiciary to his office and crushing dissent