{"id":578201,"date":"2022-12-19T04:09:15","date_gmt":"2022-12-19T04:09:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/"},"modified":"2022-12-19T04:09:15","modified_gmt":"2022-12-19T04:09:15","slug":"egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/","title":{"rendered":"Egypt\u2019s debt problems and Mediterranean migration are making headlines globally this morning"},"content":{"rendered":"<p><strong>It\u2019s a mixed bag of nuts in the foreign press this morning<\/strong>, with no single story capturing the attention of international journalists. Among the stories making headlines:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/edition.cnn.com\/2022\/12\/16\/business\/egypt-debt-crisis-mime-intl\/index.html\">CNN<\/a><\/strong><strong> takes a look at what it calls a \u201cmassive hole of debt\u201d in state finances <\/strong>after the IMF <a href=\"https:\/\/enterprise.press\/stories\/2022\/12\/18\/we-got-the-imf-package-now-heres-what-we-need-to-do-91483\/\">approved<\/a> the USD 3 bn loan last Friday.<\/li>\n<li><strong>Egypt-born bn\u2019aire Mohamed Mansour was appointed senior treasurer of the UK <\/strong><strong>Conservative Party<\/strong>, a key fundraising role for the party. Mansour\u2019s company Unatrac has donated upwards of GBP 600k to the Tories, <a href=\"https:\/\/www.theguardian.com\/politics\/2022\/dec\/14\/tories-billionaire-murbarak-minister-mohamed-mansour-party-senior-treasurer-mohamed-mansour-egypt\">the Guardian<\/a> and the <a href=\"https:\/\/www.telegraph.co.uk\/business\/2022\/12\/17\/tories-billionaire-fundraiser-targets-english-football-club\/\">Telegraph<\/a> report.<\/li>\n<li><strong><a href=\"https:\/\/www.theguardian.com\/world\/2022\/dec\/18\/egyptians-face-peril-at-sea-in-dangerous-new-exodus-to-europe\">The Guardian<\/a><\/strong><strong> reports on a threefold increase in the number of Egyptians making <\/strong><strong>the<\/strong><strong> dangerous journey to Italy across the Mediterranean from Libya<\/strong>, as a cost of living crisis fuels the business of people smuggling.<\/li>\n<li><strong>Former CBC owner and convicted pedophile <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cddb38d2-afd4-4a71-8267-abbcdba5f640\">Mohamed El Amin<\/a><\/strong><strong> has died of <\/strong><strong>cancer <\/strong>just a few months into serving his three-year prison sentence. (<a href=\"https:\/\/www.thenationalnews.com\/mena\/egypt\/2022\/12\/18\/egyptian-media-tycoon-dies-months-after-conviction-for-sexually-assaulting-minors\/\">The National<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s a mixed bag of nuts in the foreign press this morning, with no single story capturing the attention of international journalists. Among the stories making headlines: CNN takes a look at what it calls a \u201cmassive hole of debt\u201d in state finances after the IMF approved the USD 3 bn loan last Friday. Egypt-born [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":578202,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[72,272,285,127],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-enterpriseam","tag-imf","tag-mohamed-el-amin","tag-politics","wpautop","entry"],"acf":{"mongo_id":"cfe6065b-77e1-4a5b-b660-53d80e0507cd","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/392.jpg","photo_position":"above","related_issue":[578181],"teaser":"","voice_url":""},"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>Egypt\u2019s debt problems and Mediterranean migration are making headlines globally this morning - 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\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s debt problems and Mediterranean migration are making headlines globally this morning\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a mixed bag of nuts in the foreign press this morning, with no single story capturing the attention of international journalists. Among the stories making headlines: CNN takes a look at what it calls a \u201cmassive hole of debt\u201d in state finances after the IMF approved the USD 3 bn loan last Friday. Egypt-born [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-19T04:09:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/392.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s debt problems and Mediterranean migration are making headlines globally this morning\",\"datePublished\":\"2022-12-19T04:09:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\"},\"wordCount\":167,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/392.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"IMF\",\"Mohamed El Amin\",\"politics\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/egypts-debt-problems-and-mediterranean-migration-are-making-headlines-globally-this-morning\/\",\"name\":\"Egypt\u2019s debt problems and Mediterranean migration are making headlines globally this morning - 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Among the highlights was Maait\u2019s suggestion that we could\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550446,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/egypt-in-the-news-our-fx-bonds-are-on-the-up-the-ft-has-a-love-letter-for-egyptian-tourism\/","url_meta":{"origin":578201,"position":1},"title":"Egypt in the News: Our FX bonds are on the up + the FT has a love letter for Egyptian tourism","author":"enterpriseam admin","date":"27 October 2022","format":false,"excerpt":"FROM THE DEPT. OF GOOD NEWS: Egypt\u2019s USD-denominated bonds have gained 5% this week, giving them a spot among the top three emerging market performers, Bloomberg reports. Investors are starting to dip their toes back into the country\u2019s debt market amid anticipation that an agreement with the IMF for a\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578839,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/more-love-for-shubeik-lubeik-high-praise-for-the-imf-agreement\/","url_meta":{"origin":578201,"position":2},"title":"More love for Shubeik Lubeik + High praise for the IMF agreement","author":"enterpriseam admin","date":"16 January 2023","format":false,"excerpt":"It\u2019s a mixed bag for mentions of Egypt in the foreign press this morning. The prizewinning graphic novel Shubeik Lubeik by Egyptian author Deena Mohamed is getting more love from the foreign press: The Guardian and NPR sit down for separate interviews with Mohamed to find out about her story\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/251.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582664,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/slow-reform-progress-isnt-getting-the-confidence-of-investors\/","url_meta":{"origin":578201,"position":3},"title":"Slow reform progress isn\u2019t getting the confidence of investors","author":"enterpriseam admin","date":"12 March 2023","format":false,"excerpt":"This morning in the foreign press: Markets are concerned about the pace of reform here in Egypt. Concerns over our progress in selling assets, including stakes in United Bank and Vodafone Egypt, coupled with fears of devaluation have pushed Egypt\u2019s debt back into distressed territory, Bloomberg reports. \u201cThe market feels\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/Grocery-Shopping-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571722,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/with-fresh-imf-funding-in-place-and-more-to-come-finmin-could-cut-back-on-local-borrowing-to-curb-the-cost-of-servicing-its-debt\/","url_meta":{"origin":578201,"position":4},"title":"With fresh IMF funding in place and more to come, FinMin could cut back on local borrowing to curb the cost of servicing its debt","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"With fresh IMF funding in place and more to come, FinMin could cut back on local borrowing to curb the cost of servicing its debt: The Finance Ministry could cut down on the number of bids it accepts in EGP-denominated bond sales until the end of FY2019-2020, which wraps on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550798,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/27\/the-2022-imf-world-bank-spring-meetings-have-ended-here-are-the-key-takeaways\/","url_meta":{"origin":578201,"position":5},"title":"The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways","author":"enterpriseam admin","date":"27 April 2022","format":false,"excerpt":"RECAP \u2014 The IMF \/ World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole most of the attention last week as global financial chiefs descended upon Washington, DC for the IMF \/ World Bank\u2019s annual Spring Meetings. The general outlook this year was grim\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/528.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=578201"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578201\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578202"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578201"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578201"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}