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EU sanctions to redraw global diesel markets + US still headed for recession despite slower inflation -WSJ poll
New European sanctions are about to hit Russian oil products — but expect major re-routing rather than major re-pricing on…
Striking gas + price hikes coming for meds?
The talking heads honed in on Chevron and Eni’s “significant” EastMed gas find last night (more on that in today’s…
Why slowing inflation in the US of A may be good news for EM debt — and for Egypt
US consumer prices fall for the first time since May 2020: US inflation slowed to its lowest level in a…
Archaeologists unearth ancient tomb in Luxor
A new ancient discovery in Luxor: An Egyptian-British archaeological mission discovered a royal tomb in Luxor dating to the 18th…
High inflation and high rates could be here to stay, say global asset managers
Don’t underestimate inflation — or how far the Fed will go to rein it in: That’s the message to markets…
Inflation hits new high on weaker EGP
Inflation rose to a fresh five-year high in December as the impact of successive currency devaluations continued to feed through…
THIS MORNING: EGP at 27.63, savers pouring bns into 25% CDs ahead of IMF presser today
Good morning, folks, and happy hump day. The week flies by when you kick it off with a public holiday…
What will impact emerging markets in 2023?
Last year was a tough one for emerging markets. What will 2023 bring? Emerging markets had a rough ride last…
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