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THIS MORNING: It’s interest rate week — and Egypt is reportedly in talks about what a new assistance plan with the IMF could look like
Good morning, friends, and welcome to a very busy news day. With so much going on, we’re going to jump…
Panic buying, soaring prices, and vanishing supplies in the Middle East
This morning in the foreign press: Panic buying, soaring prices, and vanishing supplies in the Middle East. Egypt is one…
More details on incoming price controls on unsubsidized bread
Gov’t efforts to hold down bread prices continued to dominate the airwaves last night: The government has tasked the Supply…
IMF program + rate hikes in the cards as Ukraine war pressures budget -Fitch
Fitch sees new IMF program, rate hike as Ukraine conflict raises pressure on gov’t finances: Lower tourism inflows, higher food…
THIS MORNING: First Fed rate hike in 4 years; The clocks won’t go back in the US next year.
Well, friends, we’ve nearly made it through another workweek together, and our reward is ending the week on St. Patrick’s…
THIS EVENING: Egypt hikes local wheat procurement prices to incentivize farmers + Russia and Ukraine inch closer to a peace agreement
Happy almost-THURSDAY, wonderful people. We couldn’t be happier that the weekend is within arm’s reach as we sprint through this…
The impact of war: How building material prices in Egypt are being affected by the commodity price shock
The commodity price shock is pushing up prices of building materials in Egypt, with local steel and cement prices soaring…
The Russia-Ukraine war will curb our economic growth and hit the budget –IMF
In case Ahmed Kouchouk’s warning wasn’t enough, the IMF also thinks emerging markets including Egypt will need to hedge against…
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