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We’ve bagged half of our targeted local wheat purchases for the season
The Madbouly government has purchased 3 mn tons of local wheat since the start of the harvest season, bringing it…
Moody’s Egypt outlook turns negative on “rising downside risks”
Moody’s has cut its outlook on Egypt’s credit rating to negative as tightening financing conditions puts pressure on the country’s…
Everyone is really concerned about the global economy right now
Everyone is really concerned about inflation right now: Inflation is the number one concern gripping the world right now as…
The Robots Cometh (this time for chores) + Fish and chips are under threat in the UK
Move aside, vacuum cleaners: Dyson will soon offer robots to do your chores for you. The household appliances giant is…
THIS EVENING: We have more clarity on consumer refunds on car payments + monetary policy is top of mind for the global business press
Give yourselves a pat on the back for making it to this very well-earned THURSDAY afternoon, friends. It’s been a…
US interest rates could be 100 bps higher by July
Two more 50-bps Fed rate hikes coming up? That’s what the newly-released minutes(pdf) from the Federal Reserve’s May meeting suggest.…
Egypt’s food + fiscal insecurity is getting attention in the foreign press
The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt’s balance…
We’re getting another USD 3 bn for wheat imports from the ITFC
We’re getting an additional USD 3 bn from ITFC to help us through the commodities crunch: The International Islamic Trade…
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