The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt’s balance of payments is vulnerable to the “double shock” of monetary tightening and the rise in global prices, and faces tighter capital controls if it does not agree a new financing package with the IMF, FX Empire writes. Meanwhile, Reuters reports that JPMorgan has classified Egypt as being highly vulnerable to fiscal and debt shocks over the longer-term, and Voice of America is the latest foreign outlet to examine how rising food prices are impacting Egypt.

Archiving the fading sounds of Cairo: Two Egyptians set out to record the sounds of the city as new infrastructure transforms the soundscape. (Washington Post)

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