{"id":557637,"date":"2021-09-27T04:00:04","date_gmt":"2021-09-27T04:00:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/this-morning-3q-is-almost-over-your-commute-is-going-to-get-worse-at-the-end-of-next-week-oil-prices-german-elections-washington-drama-lead-the-front-pages\/"},"modified":"2021-09-27T04:00:04","modified_gmt":"2021-09-27T04:00:04","slug":"this-morning-3q-is-almost-over-your-commute-is-going-to-get-worse-at-the-end-of-next-week-oil-prices-german-elections-washington-drama-lead-the-front-pages","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/this-morning-3q-is-almost-over-your-commute-is-going-to-get-worse-at-the-end-of-next-week-oil-prices-german-elections-washington-drama-lead-the-front-pages\/","title":{"rendered":"THIS MORNING: 3Q is almost over; Your commute is going to get worse at the end of next week; oil prices, German elections + Washington drama lead the front pages."},"content":{"rendered":"

Good morning, nice people<\/strong>, and welcome to a particularly busy Monday \u2014 normally the quietest news morning of the week. Here at home, business leaders have clearly shaken the last of the Sahel sand out of their shoes \u2014 and we\u2019re all girding to see what fun the House of Representatives has in store for us when it goes back into session on Saturday.<\/p>\n

It\u2019s also shaping up to be a busy week abroad<\/strong> as oil prices rise, shortages of (just about everything?) spread, Beijing tries to ward off its \u201cLehman moment,\u201d and the US grapples with high-stakes legislation worth USD tns.<\/p>\n

BUT FIRST- Travellers to Egypt will now receive a welcome text message from the <\/strong>Tourism Ministry<\/strong>, according to a ministry statement<\/a>. The program, launched in cooperation with the Communications Ministry, will see tourists arriving at Egyptian airports receive an SMS letting them know the ministry\u2019s hotline and national emergency numbers.<\/p>\n

ALSO- If you have little kids, you\u2019re really going to really want to read this morning\u2019s <\/strong>Blackboard<\/strong>, our weekly vertical on the business of education in Egypt. It looks at the pressure faced by nurseries in the world of covid \u2014 they\u2019re clearly the most vulnerable sector in Egypt\u2019s education industry.<\/p>\n

THE BIG STORIES INTERNATIONALLY- There\u2019s a lot going on. <\/strong>For starters: Oil in the US is now topping USD 75 per barrel<\/a><\/strong> thanks to a \u201cglobal energy crunch.\u201d Meanwhile, preliminary results show the left-leaning Social Democratic Party leading in Germany\u2019s federal election<\/a><\/strong>, but it could be months before we know who will ultimately cobble together a coalition that makes clear who Angela Merkel\u2019s successor will be.<\/p>\n

How bad has covid been for us all? It sparked the biggest decline in life expectancy since <\/strong>the Second World War<\/strong>, with men in the United States suffering the biggest setbacks: They\u2019re dying, on average, two years earlier, according to an Oxford study. The news leads the front pages of both the Financial Times<\/a> and Reuters<\/a>.<\/p>\n

And you can expect some drama in Washington this week<\/strong> as \u201ca slew of high-stakes deadlines collide on Capitol Hill \u2026 setting up potentially chaotic negotiations against the backdrop of expiring government funding and the threat of a possible US default.\u201d With the US government set to run out of money<\/strong> just after midnight on Friday, the Wall Street Journal<\/a> notes that Democratic leaders are trying to shepherd two complicated legislative packages: a roughly USD 1 tn bipartisan infrastructure bill<\/strong> and a sprawling healthcare, education and climate package<\/strong>\u201d worth some USD 3.5 bn.<\/p>\n

SIGN OF THE TIMES- Nearly a third of BP\u2019s filling stations in the UK are <\/strong>running on<\/a><\/strong>empty<\/a><\/strong> thanks to \u201cpanic buying.\u201d Drivers queued for hours in some cases to fill their tanks \u201cafter oil firms reported a lack of drivers was causing transport problems from refineries to forecourts.\u201d<\/p>\n

** IN CASE YOU MISSED IT <\/strong>from yesterday\u2019s edition of EnterprisePM<\/strong>:<\/p>\n