{"id":552080,"date":"2022-08-10T13:51:41","date_gmt":"2022-08-10T13:51:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=552080"},"modified":"2025-12-15T23:37:40","modified_gmt":"2025-12-15T23:37:40","slug":"its-all-about-inflation","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-all-about-inflation\/","title":{"rendered":"It\u2019s all about inflation"},"content":{"rendered":"<section id=\"552082\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"552082\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/\">\r\n                            THIS EVENING: KSA snaps up USD 1.3 bn-worth of stakes in four state-owned, EGX-listed companies + It\u2019s all about inflation today                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS EVENING: KSA snaps up USD 1.3 bn-worth of stakes in four state-owned, EGX-listed companies + It\u2019s all about inflation today&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/&title=THIS EVENING: KSA snaps up USD 1.3 bn-worth of stakes in four state-owned, EGX-listed companies + It\u2019s all about inflation today\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=THIS+EVENING%3A+KSA+snaps+up+USD+1.3+bn-worth+of+stakes+in+four+state-owned%2C+EGX-listed+companies+%2B+It%E2%80%99s+all+about+inflation+today+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F10%2Fthis-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552082\" class=\"content-area-description single-story post-552082 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-enterprisepm tag-inflation tag-saudi-arabia tag-state-privatization-program tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good afternoon, wonderful people.<\/strong> It\u2019s a mostly good news kind of Wednesday, with the entry of Saudi sovereign wealth fund PIF getting the ball rolling on its pledged USD 10 bn of investments in Egypt, while inflation figures didn\u2019t extend their brief cool-off last month.<\/p>\n<p><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>KSA makes its grand entry into the state privatization program:<\/strong> The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for a total USD 1.3 bn, according to a Planning Ministry <a href=\"https:\/\/www.facebook.com\/MPEDEGYPT\/posts\/pfbid0GsCWyFbaVYZe8pmyitiqfbdfJZN2uGghTNeXUxom82eGsTEWWqygBFr6ga2oia4Fl\">statement<\/a>. The stake purchases are the first of some USD 10 bn-worth of investments that the Public Investment Fund pledged to Egypt earlier this year as part of KSA efforts to support Egypt\u2019s external position, which has been under pressure from soaring commodity prices and capital outflows.<\/p>\n<p><strong>Inflation accelerates in July:<\/strong> Inflation picked up pace in July after a one-month cool-off in June, with the uptick triggered mostly by a recent hike in fuel prices. Consumer prices in urban areas rose 13.6% year-on-year in July, up from 13.2% in June, data from <a href=\"https:\/\/ent.news\/2022\/8\/Inflation-July.pdf\">official statistics agency CAPMAS (pdf)<\/a> showed. Overall, prices increased on a monthly basis by 1.3%, up from negative 0.1% a month earlier.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Inflation is also leading the conversation abroad<\/strong>, with the international business press focusing its attention on slightly lower-than-expected inflation figures coming out of the US. Inflation cooled slightly in the US in July to hit 8.5%, thanks to lower energy costs, according to <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\">Bureau of Labor Statistics figures (pdf)<\/a>. Although the cooling inflation is a welcome sign for the US economy, the US Federal Reserve has signaled that it needs several consecutive months of lower inflation figures before it dials back its aggressive interest rate hike plans. The story is on the front pages of the <a href=\"https:\/\/www.ft.com\/content\/9d0cc752-9e65-45aa-8fc2-de0999cf632d\">Financial Times<\/a>, the <a href=\"https:\/\/www.wsj.com\/articles\/us-inflation-july-2022-consumer-price-index-11660077986?mod=hp_lead_pos1\">Wall Street Journal<\/a>, <a href=\"https:\/\/www.reuters.com\/markets\/us\/us-consumer-price-growth-unchanged-july-2022-08-10\/\">Reuters<\/a>, and <a href=\"https:\/\/www.cnbc.com\/2022\/08\/10\/consumer-prices-rose-8point5percent-in-july-less-than-expected-as-inflation-pressures-ease-a-bit.html\">CNBC<\/a>.<\/p>\n<p><strong>Meanwhile, China\u2019s headline CPI in July also came in lower than expected<\/strong>, registering 2.7% (0.2 percentage points lower than analysts\u2019 forecasts) despite pork prices recording their highest month-on-month increase, <a href=\"https:\/\/www.cnbc.com\/2022\/08\/10\/china-consumer-prices-hit-a-two-year-high.html\">CNBC<\/a> reports, citing data by Wind Information.<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Egypt <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8825220-3a11-4b4f-85d0-10a069902e3a\">will begin cutting back<\/a><\/strong><strong> on electricity consumption nationwide<\/strong> from next week in a bid to redirect more natural gas towards exports, thus netting additional inflows of foreign currency.<\/li>\n<li><strong>Another Gulf wealth fund wants a piece of Mopco:<\/strong> Saudi Arabia\u2019s sovereign wealth fund <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/02b131be-0195-4d1d-8f6e-6b608f0c64e6\">will acquire<\/a> a stake in the state-owned Misr Fertilizers Production Company (Mopco) through the EGX.<\/li>\n<li><strong>Kuwaiti insurer wants AIG Egypt:<\/strong> A unit of Kuwait\u2019s largest ins. group <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b93c4d3-f2b6-4086-9118-84669abdbb4c\">has submitted<\/a> a takeover bid for AIG Egypt to acquire between 75% and 100% of the company at EGP 164.15 per share.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Ghazl El Mahalla IPO:<\/strong> The retail portion of Ghazl El Mahalla\u2019s mini-IPO will wrap next Sunday, 14 August.<\/p>\n<p><strong>MNHD shareholders have the final word on SODIC takeover bid:<\/strong> Madinet Nasr Housing and Development will hold a general assembly meeting on Tuesday, 16 August, to decide whether to allow SODIC to conduct due diligence ahead of a potential takeover.<\/p>\n<p><strong>Interest rates:<\/strong> The Central Bank of Egypt will meet to discuss interest rates next Thursday, 18 August.<\/p>\n<p><strong>National Dialogue:<\/strong> The board of trustees overseeing the National Dialogue will hold its next meeting on 27 August. On the agenda: Choosing the rapporteurs for all of the committees and subcommittees of the social, political and economic tracks, and preparing the agenda and topics of discussion for the dialogue.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Temperatures in Cairo will hit 38\u00b0C tomorrow during the day before falling to 24\u00b0C at night, our favorite weather app tells us.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-privatization-program\/\">state privatization program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552083\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"552083\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/552083\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552083\" class=\"content-area-description single-story post-552083 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/palmhillsdevelopments.com\/OurDevelopments'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/CLeo-enterprise-1600px-02-1.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552084\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"552084\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/\">\r\n                            At long last, supply chain relief? + Deforestation in the Amazon is fueling the (literal) fire                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=At long last, supply chain relief? + Deforestation in the Amazon is fueling the (literal) fire&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/&title=At long last, supply chain relief? + Deforestation in the Amazon is fueling the (literal) fire\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=At+long+last%2C+supply+chain+relief%3F+%2B+Deforestation+in+the+Amazon+is+fueling+the+%28literal%29+fire+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F10%2Fat-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/519.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"552085\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/at-long-last-supply-chain-relief-deforestation-in-the-amazon-is-fueling-the-literal-fire\/519-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/519.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"519.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/519.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/519.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552084\" class=\"content-area-description single-story post-552084 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-climate tag-enterprisepm tag-for-your-commute tag-supply-chain tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Surprise, surprise, burning down trees in the world\u2019s biggest rainforest is not great for<\/strong><strong> the environment. <\/strong>Despite pledging to stop its deforestation drive by 2030, Brazil saw the number of fires recorded in June in its Amazon rainforest hit a 15-year high, before they even reach their annual peak, <a href=\"https:\/\/www.reuters.com\/world\/americas\/causes-consequences-amazon-fires-deforestation-2022-08-10\/\">Reuters<\/a> reports. Farmers start the fires by cutting down forests and burning the trees, with the burning season typically escalating in August and September when the dry season is at its height. Brazilian forests have gotten worse since 2019 when the country welcomed President Jair Bolsonaro into office, who came bearing weaker environmental protection. And all that comes worsening our climate crisis, with the rainforest destruction making up about 9% of human-caused CO2 emissions.<\/p>\n<p><strong>A (small) sigh of relief from supply chains: <\/strong>After the \u201cperfect storm\u201d of negative events, between covid-19 and the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dad83eac-4ca8-4b3a-8dd1-8ca1f3d8e2f4\">Suez Canal\u2019s Evergreen saga<\/a>, supply chains are finally recovering, economics reporter Valentina Romei writes for the <a href=\"https:\/\/www.ft.com\/content\/be2d3517-ce0b-404c-994a-3ef05dc95d5e\">Financial Times<\/a>. Case in point: Shipping prices have almost halved, with the average cost of moving a 40-foot metal box dropping 45% from its peak last year. Supply chain issues have caused manufacturing delays, as well as significant increases in shipping costs, all of which have impacted the cost of production across various sectors. Now that supply chain bottlenecks are easing, \u201cthe system of international trade is dynamic and can recover.\u201d<\/p>\n<p><strong>But don\u2019t get too optimistic, just yet: <\/strong>With Christmas and the accompanying rush of orders fast approaching, there are worries that carriers will not be able to cope and we\u2019ll go back to supply chain bottlenecks once again. \u201cWhat we\u2019ve seen so far is only a step in that direction, but [some] disruptions are likely to be with us, for months ahead, maybe years,\u201d one economist said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate\/\">Climate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supply-chain\/\">supply chain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552086\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper 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decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-5mdasho\" data-v=\"4\" data-block-id=\"5mdasho\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5mdasho-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5mdasho-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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\r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552087\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"552087\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/a-dramatization-of-the-original-renaissance-man-introducing-the-caf-africa-super-league-reasons-to-look-forward-to-the-future\/\">\r\n                            A dramatization of the original Renaissance man + Introducing the CAF Africa Super League + Reasons to look forward to the future                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href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/a-dramatization-of-the-original-renaissance-man-introducing-the-caf-africa-super-league-reasons-to-look-forward-to-the-future\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/520.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"552088\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/a-dramatization-of-the-original-renaissance-man-introducing-the-caf-africa-super-league-reasons-to-look-forward-to-the-future\/520-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/520.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"520.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/520.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/520.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552087\" class=\"content-area-description single-story post-552087 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><br \/> (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Up for a visual treat?<\/strong> Historical drama Da Vinci\u2019s Demons promises to deliver, following the story of Leondaro da Vinci (Tom Riley) during the Renaissance in Italy in 1477. Da Vinci is portrayed as a genius battling his own ideas and imagination in a dramatic kindling, interlaced with inventing and solving crimes. There\u2019s a lot of politics in the show too, as Da Vinci becomes involved in a political scheme to seize Florence while working for the House of Medici as he tries to track a spy providing information to the Catholic Church and the Pazzi family. While highly fictionalized, the series takes a dramatic swing at the original Renaissance man. You can stream the show\u2019s three seasons <a href=\"https:\/\/www.apps.disneyplus.com\/eg\/shows\/da-vincis-demons\/1260014228\">on Disney+<\/a> or watch the trailer here (<a href=\"https:\/\/www.youtube.com\/watch?v=vgg9nnALFGA\">watch, runtime: 2:01<\/a>)<\/p>\n<p>\u26bd <strong>All eyes on UEFA Super League: <\/strong>UEFA Champions League title holder Real Madrid goes head to head against Europa League title holder and Germany\u2019s Eintracht de Frankfurt at 9pm.<\/p>\n<p><strong>And because anything is possible in football: <\/strong>Al Ahly fans are hanging on by a thread when the Red Devils face Port Said\u2019s Al Masry at 9pm. Rivals Zamalek victored yesterday against Misr Lel Makassa, bringing the point difference with Al Ahly to 13 points. The White Knights now must come out on top in two games to be crowned holder of the Egyptian Premier League for a second consecutive season.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>In other football-related news, say hello to the CAF Africa Super League:<\/strong> As it looks to \u201cchange the face and competitiveness of CAF and African football,\u201d the Confederation of African Football (CAF) announced the continent\u2019s Super League kick-off in August 2023, according to a <a href=\"https:\/\/www.cafonline.com\/press-release\/news\/message-from-the-president-of-caf-44th-ordinary-general-assembly-tanzania-2022\">press release<\/a>. The tournament will run for 10 months until May 2023 with 197 games, and includes 24 teams from over 16 African countries, according to a video announcement (<a href=\"https:\/\/twitter.com\/CAFCLCC\/status\/1557312949622030336\">watch, runtime: 3:52<\/a>). The total prize money of the CAF Africa Super League will be USD 100 mn, with the title holder receiving USD 11.5 mn.<\/p>\n<p><strong>Good news for all: <\/strong>CAF plans to pay each member association USD 1 mn annually from the new tournament\u2019s funds. They also intend to allocate USD 50 mn from the funds for youth and women\u2019s football development and other competitions.<\/p>\n<p><strong>Also in EPL tonight: <\/strong>Smouha v Future and Arab Contractors v Gouna at 6:30pm.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Zamalek\u2019s Al Masar Gallery is hosting its annual <\/strong><strong><a href=\"https:\/\/almasargallery.com\/contemporary-views-xv-july-27th-2022\/\">Contemporary Views exhibition<\/a><\/strong>, showcasing the past and recent works by some of the gallery's most prominent artists including Mahmoud Said and Tahia Halim. The exhibition runs until 29 September.<\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/safarkhanartgallery\/\">SafarKhan Art Gallery<\/a><\/strong><strong> is hosting its summer exhibition<\/strong>, Collage, bringing us the works of some of Egypt\u2019s up and coming artists. The exhibition is running until 14 September.<\/p>\n<p><strong>It\u2019s Karaoke Night at <\/strong><strong><a href=\"https:\/\/easykash.net\/UUI9302\">Room Art Space New Cairo<\/a><\/strong><strong>:<\/strong> Grab a friend and sing the night away.<\/p>\n<p><strong>Calling all bookworms:<\/strong> The Azbakeya Wall Book Fair <a href=\"https:\/\/www.vetogate.com\/4662958\">kicked off today<\/a> and is set to run for 15 days. The annual open market sees books being sold for as little as EGP 2, with enough options to ensure there\u2019s something for everyone.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>With bleak headlines seemingly becoming a fixture of our information consumption, an<\/strong><strong> uplifting read is very much in order. <\/strong>Johan Norberg\u2019s <a href=\"https:\/\/www.amazon.com\/Progress-Reasons-Look-Forward-Future\/dp\/1786070650\">Progress: Ten Reasons to Look Forward to the Future<\/a>, published in 2017, sheds light on how far humanity has come in tackling some of the greatest problems it has faced and argues that today, \u201cwe\u2019re living in a golden age,\u201d as we\u2019ve reached the highest living standards in history. Each of Norberg\u2019s ten reasons is outlined in chapter which include food, sanitation, life expectancy, poverty, and violence and are each backed up with research, facts and figures that back up his notion that people are wealthier and healthier than during any other time period in history.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552089\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"552089\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/\">\r\n                            What the markets are doing on 10 August, 2022                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What the markets are doing on 10 August, 2022&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/&title=What the markets are doing on 10 August, 2022\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+10+August%2C+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F10%2Fwhat-the-markets-are-doing-on-10-august-2022%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/what-the-markets-are-doing-on-10-august-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552089\" class=\"content-area-description single-story post-552089 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The EGX30 was essentially flat at today\u2019s close<\/strong> on turnover of EGP 1.01 bn (19.1% above the 90-day average). Regional investors were net buyers. The index is down 16.6% YTD.<\/p>\n<p><strong>In the green: <\/strong>Alexandria Container and Cargo Handling (+7.2%), CIRA (+4.7%) and Abu Qir Fertilizers (+1.4%).<\/p>\n<p><strong>In the red: <\/strong>e-Finance (-3.6%), Cleopatra Hospitals (-3.3%) and Palm Hills (-2.5%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552090\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"552090\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOOD SECURITY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/food-security-is-becoming-more-challenging-with-soaring-global-inflation\/\">\r\n                            Food security is becoming more challenging with soaring global inflation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/food-security-is-becoming-more-challenging-with-soaring-global-inflation\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Worsening economic conditions around the globe and lost income resulting from the global disruptions caused by covid-19 and the war in Ukraine has made access to more nutritious food more difficult (and more expensive) than at any time in the previous seven years \u2014 for many middle and lower middle income countries around the world the situation is even worse.<\/p>\n<p><strong>Some 670 mn people will still be affected by hunger by 2030<\/strong>, the report predicts. By the end of the decade, some 8% of the global population will still be coping with some form of hunger, even if a global economic recovery gets underway, the report explains. \u201cWith eight years remaining to end hunger [before the UN Sustainable Development Goal deadline], food insecurity and all forms of malnutrition the world is moving in the wrong direction,\u201d the report says.<\/p>\n<p><strong>The challenge of food security isn't equally shared and some countries will bear a much heavier burden than others: <\/strong>Despite a sharp rise in moderate to severe food insecurity globally in 2020, those same levels remained mostly stable throughout 2021. Severe food insecurity, however, grew 2.4 percentage points from 2019 to 2021 to 11.7% of the global population, indicating that those already struggling with food security face an increasingly worsening situation.<\/p>\n<p><strong>Much of that struggle is concentrated in Africa: <\/strong>The number of people affected by hunger in Africa is expected to substantially grow from almost 280 mn in 2021 to some 310.7 mn people by 2030, according to the report. In the year preceding the report\u2019s publication last month, moderate or severe food insecurity increased most sharply in Africa, which was already the region home to the highest levels of moderate and severe food insecurity, reaching 34% in 2021 up from 30% in 2020. During this same period, the global average of moderate or severe food insecurity fell to 29.3% from 29.5%.<\/p>\n<p><strong>The pandemic and the war in Ukraine have had a particularly harsh effect on food security globally: <\/strong>The outbreak of covid-19 alone has already been estimated to be responsible for leaving 78 mn more people affected by hunger by 2030 than in a scenario where the pandemic hadn\u2019t taken place, the report finds. The war in Ukraine, which hadn\u2019t yet been accounted for in the FAO\u2019s data for the 2022 edition of their report will likely \u201chave multiple implications for global agricultural markets through the channels of trade, production and prices, casting a shadow over the state of food security and nutrition for many countries in the near future,\u201d the report said.<\/p>\n<p><strong>But the bigger picture is that there are a bunch of reasons why we\u2019re doing so terribly on eliminating hunger: <\/strong>The combination of extreme weather events stemming from climate change, armed conflict, economic crises and pre-existing inequalities are the main drivers of food insecurity globally, the report explains.<\/p>\n<p><strong>In low and middle income countries who rely on imports for a good chunk of their calories, the situation is tenuous: <\/strong>Net food importers like Egypt \u2014 which, for example, relied on Russia and Ukraine for over 80% of its imported wheat \u2014 have in the past several been feeling the bite of the war. The slowdown in grain shipments and skyrocketing prices have forced Egypt to find <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/92f4b4ca-5ca7-46f5-b048-d298e43bd4ed\">new import markets<\/a> and rely more on local farming output to ensure our supplies of the staple commodity were not disrupted. The consequence of the disruption has been brutal for state budgets which saw an <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/90dbcce6-c13b-4758-8275-21fd871e7ef4\">extra EGP 15 bn<\/a> added to the country\u2019s import bill in the last quarter of FY2021-2022 and could see an <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/afd62ea0-e155-4583-bac9-3fb432b82993\">extra USD 10.2 bn<\/a> in the next fiscal year. But still, despite the government\u2019s attempts to shoulder a portion of these costs, people have been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/841301a8-191c-47f4-9c89-37ba0a720b0f\">increasingly squeezed<\/a> by the rising costs of food.<\/p>\n<p><strong>Even with a dip in food prices, inflation is still weighing on us: <\/strong>Although <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5d7a013-8a4d-4a04-bfca-7e940a45f122\">food prices fell<\/a> for the fourth consecutive month in July as the costs of grains and vegetable oil dropped, food prices remain incredibly high by historical standards. July\u2019s reading was the sixth highest since the FAO index began in 1990 and is 13% higher than a year earlier in July 2021.<\/p>\n<p><strong>There are still pathways to changing course on this trajectory: <\/strong>\u201dIn low-income countries but also in some lower-middle-income countries where agriculture is key for the economy, jobs and livelihoods, governments need to increase and prioritize expenditure for the provision of services that support food and agriculture more collectively,\u201d the report says. Part of that means adjusting fiscal subsidies so that they target consumers rather than producers, the report explains. Instituting border measures and market price controls as well as expanding public support for agriculture globally would also help make healthy diets more affordable worldwide.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food-security\/\">food security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unfao\/\">UNFAO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552092\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/552092\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552092\" class=\"content-area-description single-story post-552092 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>OUR CALENDAR APPEARS in two sections: <\/strong><\/p>\n<ul>\n<li><strong>Events with specific dates or months <\/strong>are right here up top<\/li>\n<li><strong>Events happening in a quarter or other range of time <\/strong>with no specific date \/ month appear at the bottom of the calendar.<\/li>\n<\/ul>\n<p><strong>AUGUST<\/strong><\/p>\n<p>Late July-14 August: 2Q2022 earnings season.<\/p>\n<p>August: Work to extend the capacity of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a67dcca-de16-4313-b330-60fc1a21e6db\">Egypt-Sudan electricity interconnection<\/a> to 600 MW to be completed.<\/p>\n<p>August: Sharm El Sheikh will host the African Sumo Championship.<\/p>\n<p>11 August (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>14 August (Sunday): Retail portion of Ghazl El Mahalla IPO ends.<\/p>\n<p>14 August (Sunday): The government hosts public consultations on its state ownership policy document with finance and ins. players.<\/p>\n<p>16 August (Tuesday): The government hosts public consultations on its state ownership policy document with wood manufacturers.<\/p>\n<p>16 August (Tuesday): MNHD\u2019s general assembly meeting to decide whether to allow SODIC to go ahead with due diligence on its takeover bid.<\/p>\n<p>18 August (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>18 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>23 August (Tuesday): The government hosts public consultations on its state ownership policy document with chemical producers.<\/p>\n<p>25 August (Thursday): Second Egypt and UN-led regional climate roundtable ahead of COP27, Bangkok, Thailand.<\/p>\n<p>25 August (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>25-27 August (Thursday-Saturday): <a href=\"https:\/\/www.kansascityfed.org\/research\/jackson-hole-economic-symposium\/\">Jackson Hole Economic Symposium<\/a>.<\/p>\n<p>27 August (Saturday): The National Dialogue board of trustees holds its fifth meeting, which will set the agenda for the dialogue and choose rapporteurs for the involved committees.<\/p>\n<p>28 August (Sunday): The government hosts public consultations on its state ownership policy document with mining and petroleum refining players.<\/p>\n<p>30 August (Tuesday): The government hosts public consultations on its state ownership policy document with minerals players.<\/p>\n<p>31 August (Wednesday): <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7f89a2f-4c16-45fd-be3d-952c1caf480f\">Late tax payment deadline<\/a>.<\/p>\n<p>31 August (Wednesday): Deadline for qualifying companies to <a href=\"\">submit offers<\/a>to manage and operate a soon-to-be-established state company for EV charging stations.<\/p>\n<p>31 August (Wednesday): Submission deadline for fall 2022 cycle of EGBank\u2019s Mint Incubator.<\/p>\n<p>31 August (Wednesday): Beltone convenes its general assembly to restructure the board following the change of ownership.<\/p>\n<p><strong>SEPTEMBER<\/strong><\/p>\n<p>September: <a href=\"https:\/\/bit.ly\/3lshDZX\">Naval Power<\/a>, Egypt\u2019s first naval defense expo<\/p>\n<p>September: Central Bank of Egypt\u2019s Innovation and Financial Technology Center to launch incubator for 25 fintech startups.<\/p>\n<p>September: <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/pfbid034CjQppGScajHW83ktsmyHavSTQRys9Ezbp9KXCNfPg61XwgzSvHVYi7RfHWxsTESl\">Egyptian-German Joint Economic Committee<\/a>.<\/p>\n<p>September: A delegation from Germany\u2019s Aldi will visit Egypt to look at potential investments.<\/p>\n<p>September: Government to launch an <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0QKmVCxurac4PGgrxGiVR7LN5BgQi5aCPpHahEzKda36Q1obcfw1w2P3M7eVm4Tujl\">international promotional campaign<\/a> for Egyptian tourism.<\/p>\n<p>September: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/457255719778187\">host the second edition<\/a>of the Egypt-International Cooperation Forum (ICF).<\/p>\n<p>1 September (Thursday): <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9ab18811-37ac-49ff-a508-4188cc7820cc\">Credit hikes<\/a> for ration card holders will come into effect.<\/p>\n<p>1 September (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>1-2 September (Thursday-Friday): Third Egypt and UN-led regional climate roundtable ahead of COP27, Santiago, Chile.<\/p>\n<p>4 September (Sunday): The government hosts public consultations on its state ownership policy document with electricity players.<\/p>\n<p>6 September (Tuesday): The government hosts public consultations on its state ownership policy document with building and construction players.<\/p>\n<p>6-9 September (Tuesday-Friday): Gate Travel Expo 2022, El Qubba Palace, Cairo.<\/p>\n<p>7-9 September (Wednesday-Friday): African Finance Ministers to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid034TbdNfjuu5yHr2NAycih1ggLyA8CPUgnE4AB8MF3SD1Zpv5rTvBmitm7sb4GyiqDl\">meet in Cairo<\/a> to coordinate an African-led position during COP27.<\/p>\n<p>8 September (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>8 September (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>11 September (Sunday): The government hosts public consultations on its state ownership policy document with accommodation and food services players.<\/p>\n<p>13 September (Tuesday): The government hosts public consultations on its state ownership policy document with sports industry players.<\/p>\n<p>11-13 September (Tuesday-Thursday): <a href=\"https:\/\/ed-forum.org\/\">Environment and Development Forum (EDF)<\/a>, InterContinental City Stars, Cairo.<\/p>\n<p>15 September (Thursday): The government hosts public consultations on its state ownership policy document with water and sewage utilities players.<\/p>\n<p>15 September (Thursday): Fourth Egypt and UN-led regional climate roundtable ahead of COP27, Beirut, Lebanon.<\/p>\n<p>18 September (Sunday): Deadline for brokerage firms, asset managers and financial advisors <a href=\"https:\/\/alborsaanews.com\/2022\/04\/06\/1527896\">to register<\/a> with the Egyptian Securities Federation.<\/p>\n<p>20 September (Tuesday): Fifth Egypt and UN-led regional climate roundtable ahead of COP27, Geneva, Switzerland.<\/p>\n<p>20-21 September (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>22 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>26&ndash;27 September (Monday-Tuesday): The <a href=\"https:\/\/www.awieforum.org\/\">Africa Women Innovation and Entrepreneurship Forum (AWIEF)<\/a> at the Cairo Marriott Hotel.<\/p>\n<p>27-29 September (Tuesday-Thursday): <a href=\"https:\/\/invest-renewables.africa\/\">Africa Renewables Investment Summit<\/a> (ARIS), Cape Town, South Africa.<\/p>\n<p><strong>OCTOBER<\/strong><\/p>\n<p>October: House of Representatives reconvenes after summer recess<\/p>\n<p>October: Air Sphinx, EgyptAir\u2019s low-cost subsidiary to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=25062022&id=06c1fc4b-9551-4f6c-a782-70bdec4b30f0\">commence operations<\/a>.<\/p>\n<p>October: Fuel pricing committee meets to decide quarterly fuel prices.<\/p>\n<p>1 October (Saturday): Use of Nafeza <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/381373340699759\">becomes compulsory<\/a> for air freight.<\/p>\n<p>1 October (Saturday): 2022- 2023 academic year begins for public universities.<\/p>\n<p>6 October (Thursday): Armed Forces Day, national holiday.<\/p>\n<p>8 October (Saturday): Prophet Muhammad\u2019s birthday, national holiday.<\/p>\n<p>10-16 October (Monday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/About\/Factsheets\/Annual-Spring-Meetings\">World Bank and IMF annual meetings<\/a> chaired by CBE Governor Tarek Amer, Washington, DC.<\/p>\n<p>16-19 October (Sunday-Wednesday): <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week 2022<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>18-20 October (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria.<\/p>\n<p>27 October (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>Late October-14 November: 3Q2022 earnings season.<\/p>\n<p><strong>NOVEMBER<\/strong><\/p>\n<p>1-2 November (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>3 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>3-5 November (Thursday-Saturday): Egypt Fashion Week.<\/p>\n<p>4-6 November (Friday-Sunday): <a href=\"https:\/\/www.autotechegypt.com\/en\/home.html\">Autotech<\/a> auto exhibition, Cairo International Exhibition and Convention Center.<\/p>\n<p>6-18 November (Sunday-Friday): Egypt will host <a href=\"https:\/\/cop27.eg\/\">COP27<\/a> in Sharm El Sheikh.<\/p>\n<p>7 November (Monday): The inauguration of the first line of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2356273-f17c-4a5b-a987-663aab9a2e29\">high-speed rail<\/a>.<\/p>\n<p>7-13 November (Mon-Sun): The International University Sports Federation (FISU) <a href=\"https:\/\/www.worldsquash.org\/2022-fisu-world-university-championship-squash-to-take-place-in-egypt\/\">World University<\/a> Squash Championships, New Giza.<\/p>\n<p>21 November-18 December (Monday-Sunday): 2022 Fifa World Cup, Qatar.<\/p>\n<p><strong>DECEMBER<\/strong><\/p>\n<p>13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>13-15 December (Tuesday-Thursday): US-Africa Leaders Summit.<\/p>\n<p>15 December (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>22 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>December: The Sixth of October dry port <a href=\"https:\/\/bit.ly\/3u3uB4u\">will begin operations<\/a>.<\/p>\n<p><strong>JANUARY 2023<\/strong><\/p>\n<p>January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time.<\/p>\n<p>January: Fuel pricing committee meets to decide quarterly fuel prices.<\/p>\n<p>1 January (Sunday): Residential electricity bills are set to rise as per the government\u2019s <a href=\"https:\/\/ent.news\/2020\/6\/%D8%A7%D9%84%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%89-%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D9%84%D9%84%D8%AE%D9%85%D8%B3-%D8%B3%D9%86%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D9%82%D8%A7%D8%AF%D9%85%D8%A9-9-6-2020-1.pdf\">six-year roadmap (pdf)<\/a> to restructure electricity prices by 2025.<\/p>\n<p>7 January (Saturday): Coptic Christmas.<\/p>\n<p>25 January (Wednesday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>26 January (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p><strong>FEBRUARY 2023<\/strong><\/p>\n<p>11 February (Saturday): Second semester of 2022-2023 academic year begins for public universities.<\/p>\n<p>13-15 February (Monday-Wednesday): The <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show (Egyps)<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p><strong>MARCH 2023<\/strong><\/p>\n<p>March: 4Q2022 earnings season.<\/p>\n<p>23 March (Wednesday) \u2014 First day of Ramadan (TBC). Maghreb will be at 6:08pm CLT.<\/p>\n<p><strong>APRIL 2023<\/strong><\/p>\n<p>17 April (Monday): Sham El Nessim.<\/p>\n<p>22 April (Saturday): Eid El Fitr (TBC).<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day.<\/p>\n<p>27 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).<\/p>\n<p>Late April &ndash; 15 May: 1Q2023 earnings season.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1 May (Monday): Labor Day.<\/p>\n<p>4 May (Thursday) National holiday in observance of Labor Day (TBC).<\/p>\n<p>22-26 May (Monday-Friday): Egypt <a href=\"https:\/\/www.afdb.org\/en\/news-and-events\/press-releases\/african-development-bank-group-concludes-annual-meetings-governors-endorse-banks-vision-next-10-years-51974#:~:text=The%20new%20Board%20of%20Governors,from%2022%2D26%20May%202023.\">will host<\/a> the African Development Bank (AfDB) annual meetings in Sharm El Sheikh.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p>28 June-2 July (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>30 June (Friday): June 30 Revolution Day.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>18 July (Tuesday): Islamic New Year.<\/p>\n<p>20 July (Thursday): National holiday in observance of Islamic New Year (TBC).<\/p>\n<p>23 July (Sunday): Revolution Day.<\/p>\n<p>27 July (Thursday): National holiday in observance of Revolution Day.<\/p>\n<p>Late July-14 August: 2Q2023 earnings season.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>26 September (Tuesday): Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p>28 September (Thursday): National holiday in observance of Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>6 October (Friday): Armed Forces Day.<\/p>\n<p>Late October-14 November: 3Q2023 earnings season.<\/p>\n<p><strong>EVENTS WITH NO SET DATE <\/strong><\/p>\n<p>2H 2022: The inauguration of the Grand Egyptian Museum.<\/p>\n<p>2H 2022: <a href=\"https:\/\/www.ief.org\/news\/egypt-to-host-8th-ief-igu-ministerial-gas-forum-in-2022\">IEF-IGU Ministerial Gas Forum<\/a>, Egypt. Date + location TBA.<\/p>\n<p>2H 2022: The government will have vaccinated 70% of the population.<\/p>\n<p>3Q 2022: Ayady\u2019s consumer financing arm, The Egyptian Company for Consumer Finance Services, to release its first financing product.<\/p>\n<p>3Q 2022: Swvl to close <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">acquisition of<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Urbvan<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Mobility<\/a>.<\/p>\n<p>4Q 2022: Infinity + Africa Finance Corporation to close acquisition of Lekela Power.<\/p>\n<p>End of 2022: Decent Life first phase scheduled for completion.<\/p>\n<p>End of 2022: e-Aswaaq\u2019s tourism platform will complete the roll out of its ticketing and online booking portal across Egypt.<\/p>\n<p>2023: Egypt <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/380561820780911\">will host<\/a> the Asian Infrastructure Investment Bank\u2019s Annual Meeting of the Board of Governors in 2023.<\/p>\n<p>1Q 2023: Adnoc Distribution\u2019s acquisition of 50% of TotalEnergies Egypt to close.<\/p>\n<p><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish above between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":552081,"template":"","categories":[],"tags":[],"class_list":["post-552080","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"60328390-1414-484d-827a-29439c0c3531","teaser":"","photo_url":"https:\/\/ent.news\/2022\/8\/63.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>It\u2019s all about inflation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-all-about-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s all about inflation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-all-about-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:37:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/63.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-all-about-inflation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-all-about-inflation\/\",\"name\":\"It\u2019s all about inflation - 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