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TRY rebound: Smoke and mirrors?
Boom year for IPOs ≠ historic returns: More than half of this year’s IPOs in the US are currently trading…
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Healthcare coverage growing
The Health Ministry is expanding healthcare coverage to another 15 mn people nationwide while the government rolls out its universal…
Share buybacks soar but capex spending is still lagging in the US of A
What’s hot in the US? Share buybacks. What’s not? Capex spending: Share buybacks in S&P 500 companies more than doubled…
China makes the tiniest rate cut to spur economic growth
China cuts lending rate as economy struggles: China’s central bank has cut one of its most important lending rates in…
A glimmer of hope for EMs rolling into 2022
It’s not necessarily all doom and gloom for emerging market assets next year: With global rates now expected to rise…
IAEA boss, El Sisi talk nuclear energy for lower carbon emissions with
International Atomic Energy Agency Director General Rafael Mariano Grossi was in town over the weekend, holding talks with President Abdel…
Natural gas exports rose 142% y-o-y in FY2020-2021
Natural gas exports hit 4.6 bn cubic meters in FY2020-2021, up 142% y-o-y, according to Capmas figures (pdf). Egypt became…
UAE could rescind arms purchase from the US over anti-China terms
The UAE is threatening to withdraw from a USD 23 bn arms agreement with the US, the Wall Street Journal…
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