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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…
Egypt to renegotiate canceled Ukraine wheat contracts
Egypt will sign new agreements with suppliers of Ukrainian wheat to replace contracts it canceled last month, Ukrainian media reported…
THIS MORNING: Mohamed Farid named new FRA chief; The EGX rally continued for a fourth day yesterday
Good morning, friends. We’re going to start this morning’s edition with a brief report from: THE DEPT. OF GOOD NEWS-…
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…
Gazprom doesn’t look like it’s about to increase gas flows to Germany
Germany accuses Russia of stalling the return of normal gas flows to the country: The malfunctioning turbine that Russia has…
Is Russia using Egypt to export its crude? Plus: El Sisi establishes disability fund
Russia appears to be using Egypt as a transit route to sell its crude, ahead of the introduction of western…
THIS MORNING: UN publishes COP27 schedule + OPEC just agreed to the least significant supply hike ever
Good morning, wonderful people. Once again we’ve made it through the workweek together. It’s been a busy one, for those…
EMs trade bonds for bank loans + BP, Uber report strong 2Q earnings growth
Emerging markets are turning to syndicated loans after being effectively shut out of bond markets due to heightened commodity prices…
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