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THIS EVENING: Emergency measures to unblock Egypt’s ports + Al Sadr tells supporters to stand down amid clashes in Baghdad
Happy hump day, wonderful people. We have another relatively big news day here at home, courtesy of the government throwing…
EU energy prices up. EU currency down. Iranian oil…?
EU hits panic button as energy crisis escalates: The EU plans to “decouple” electricity prices from gas as part of…
Maait looks to shift the economic narrative with media blitz
Maait says the economy can ride out global economic shocks: Finance Minister Mohamed Maait took to the mic yesterday in…
THIS EVENING: More ambitious budget targets from Maait + Chinese companies want to locally manufacture solar power plant components
Happy Monday, wonderful people. The slow late-August stretch we thought we were up against has made an about-face, giving us…
The short sellers are massing
Is the summer US stock rally now history? Many investors seem to think so, with waning sentiment pushing traders to…
Hawkish Powell speech shocks markets
Stocks sink after Fed chair promises to keep raising interest rates: Federal Reserve Chairman Jerome Powell dashed market hopes that…
Reserves in emerging markets are falling at the quickest rate since 2008
More warnings of a wave of EM debt defaults: Developing and emerging nations’ foreign reserves dropped USD 379 bn in…
Signs of recession are mounting
A slowdown in business activity in the world’s major economies is flashing warning signs for the global economy: Most of…
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