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Food prices see biggest monthly fall since October 2008
Global food prices fall most since 2008 in July: Food prices fell for the fourth consecutive month in July as…
Foreign reserves dip for third consecutive month in July
Foreign reserves fall again in July: Foreign reserves slipped to USD 33.14 bn in July, down from USD 33.4 bn…
A strong US jobs report could mean more bad news for emerging markets
The US labor market is still red-hot — and that means the Fed is unlikely to take its foot off…
Outflows, commodity price shock hit current account in 3Q 2021-2022
Egypt’s current account deficit widened more than 2% to USD 5.79 bn in 3Q 2021-2022, as capital outflows and surging…
THIS EVENING: Chimera’s acquisition of Beltone is now executed + The Bank of England delivered its biggest rate hike since ‘95
Happy THURSDAY, wonderful people. We’re never sure if the summer slowdown is real, but we’re almost certain that summer Thursdays…
Multilateral lenders need to do more to support emerging economies through the current crisis, says Pakistan’s top central banker
Are multilateral lenders doing all they can to support EMs? Not according to the acting governor of Pakistan’s central bank.…
Last Night’s Talk Shows: Talking heads discuss food prices + Suez Canal revenues
The latest from President El Sisi led the conversation on the airwaves last night: The president has instructed the government…
Non-oil business activity continues to fall in July — but is inflation beginning to ease?
Activity in Egypt’s non-oil private sector continued to contract at a rapid pace in July as high inflation weighed on…
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