{"id":581662,"date":"2023-02-19T00:00:00","date_gmt":"2023-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-economic-crisis-is-topic-du-jour-in-the-international-press\/"},"modified":"2023-02-19T00:00:00","modified_gmt":"2023-02-19T00:00:00","slug":"the-economic-crisis-is-topic-du-jour-in-the-international-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-economic-crisis-is-topic-du-jour-in-the-international-press\/","title":{"rendered":"The economic crisis is topic du jour in the international press"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The economic crisis is driving the conversation on Egypt in the foreign press this <\/span><span style=\"font-weight:700\">morning:<\/span><span> The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/13286c00-e0ca-46d7-92d5-83319372cbde#comments-anchor\" style=\"\">Financial Times<\/a><\/span><span> reports on how soaring inflation is hurting the poor and well-off alike, while <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-16\/how-to-know-where-egypt-s-once-in-decade-crisis-is-heading?srnd=premium-middle-east#xj4y7vzkg\" style=\"\">Bloomberg<\/a><\/span><span> and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dw.com\/en\/egypt-president-el-sissis-difficult-economic-makeover\/a-64709726\" style=\"\">Deutsche Welle<\/a><\/span><span style=\"font-weight:400;\"> are both out with pieces asking whether the government will deliver on its pledges to reform the economy in favor of the private sector.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">A long way to Cairo:<\/span><span style=\"\"> Western airlines are having to take detours to avoid <\/span><span>Russian and Belarusian airspace, while the EU\u2019s ban on airlines from these nations overflying its territory has forced them to take strange prolonged routes to several holiday destinations, including Egypt\u2019s Red Sea, leading to increased costs and carbon emissions. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.independent.co.uk\/travel\/news-and-advice\/russia-belarus-flight-paths-turkey-egypt-b2281889.html\" style=\"\">The Independent<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Six<\/span><span style=\"font-weight:700\"> Egyptians released from detention in Libya:<\/span><span style=\"\"> Six Egyptian Christians who were <\/span><span>kidnapped earlier this month in western Libya have been released, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/MfaEgypt\/status\/1626644784638050304?s=20\" style=\"\">Foreign Ministry<\/a><\/span><span>. The men were abducted after they traveled to Libya in search of work. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/politics-libya-government-egypt-tripoli-ff3d406c4582536089c1886d63f0cf9a\" style=\"\">Associated Press<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ucanews.com\/news\/egypt-says-six-coptic-christians-held-in-libya-released\/100414\" style=\"\">AFP<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/english.aawsat.com\/home\/article\/4165971\/egypt-says-six-copts-held-libya-released\" style=\"\">Asharq Al Awsat<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MEANWHILE-<\/span><span style=\"\"> <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/politics-egypt-government-cairo-471b32e0f7edcfdc9664179c8e32ec00\" style=\"\">AP<\/a><\/span><span style=\"\"> reports that former anti-graft chief Hisham Genena was released from prison after serving a five-year sentence<\/span><span style=\"\">, while civil engineer Mamdouh Hamza has reportedly returned to Egypt <\/span><span style=\"\">(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/mamdouh.hamza.77\/posts\/pfbid02ndoijRA8EUa1vGYqMebo4LLGswFhW1tPMRd1RFfYyZ9ePHrVYbBECBQEAHVCBGNEl?_rdc=1&_rdr\" style=\"\">watch, runtime: 2:38<\/a><\/span><span style=\"\">)<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13022023&id=8505c394-cb04-4c3b-b82e-718482b072c8\" style=\"\">Al Shorouk<\/a><\/span><span style=\"font-weight:400;\"> says. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ALSO-<\/span><span style=\"\"> The new Badr prison gets ink from <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/africa\/egypts-model-prison-rife-with-abuses-inmates-families-activists-say-2023-02-15\/\" style=\"\">Reuters<\/a><\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/surgery-trauma-egypt-health-religion-3557cd557f5061c0e416aa3b68d4fb44\" style=\"\">AP<\/a><\/span><span style=\"\"> is talking about FGM, and the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theguardian.com\/world\/2023\/feb\/14\/giulio-regeni-court-calls-italys-pm-and-foreign-minister-as-witnesses\" style=\"\">Guardian<\/a><\/span><span style=\"\"> has a report from Rome on the unresolved murder of Giulio Regeni. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economic crisis is driving the conversation on Egypt in the foreign press this morning: The Financial Times reports on how soaring inflation is hurting the poor and well-off alike, while Bloomberg and Deutsche Welle are both out with pieces asking whether the government will deliver on its pledges to reform the economy in favor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581663,"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":[104,6500,72,337,210,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-economy","tag-egypt-italy-relations","tag-enterpriseam","tag-giulio-regeni","tag-human-rights","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"5473779a-d0aa-45a9-baaf-49616ec13fdc","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/discount-markets-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581645],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.b3a3f22b-302b-47b8-b839-f1cf373887be.mp3"},"yoast_head":"<!-- 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are both out with pieces asking whether the government will deliver on its pledges to reform the economy in favor [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-economic-crisis-is-topic-du-jour-in-the-international-press\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-19T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/discount-markets-1600px.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\" 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crisis in Libya","author":"enterpriseam admin","date":"17 September 2024","format":false,"excerpt":"Cairo and Ankara have long stood on separate sides of the long-running conflict in Libya","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\/2024\/9\/1231.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616574,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/07\/pundits-press-take-stock-of-surprise-full-float-i-think-the-crisis-is-over-says-fims-robertson\/","url_meta":{"origin":581662,"position":1},"title":"Pundits, press take stock of \u201csurprise\u201d full float. \u201cI think the crisis is over,\u201d says FIM\u2019s Robertson","author":"enterpriseam admin","date":"7 March 2024","format":false,"excerpt":"\u201cI think the crisis is over,\u201d FIM Partner\u2019s macro strategy head Charlie Robertson told the Financial Times","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\/2024\/2\/260.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578446,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/the-economic-crisis-is-still-topic-du-jour-in-the-international-press\/","url_meta":{"origin":581662,"position":2},"title":"The economic crisis is still topic du jour in the international press","author":"enterpriseam admin","date":"28 December 2022","format":false,"excerpt":"It\u2019s still all about the economy this morning in the foreign press: Reuters looks at the recent volatility in the local gold market, which has recently seen the precious metal soar to record highs following the devaluation of the EGP at the end of October. 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