{"id":586451,"date":"2023-05-11T00:00:00","date_gmt":"2023-05-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/"},"modified":"2023-05-11T00:00:00","modified_gmt":"2023-05-11T00:00:00","slug":"the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/","title":{"rendered":"The economic crisis and the Cleopatra controversy are leading the international headlines"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It\u2019s a mixed morning in the foreign press:<\/span><span style=\"\"> The economy is still getting inch, this time from <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theguardian.com\/global-development\/2023\/may\/08\/inflation-imf-austerity-and-grandiose-military-plans-edge-more-egyptians-into-poverty\" style=\"\">the<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theguardian.com\/global-development\/2023\/may\/08\/inflation-imf-austerity-and-grandiose-military-plans-edge-more-egyptians-into-poverty\" style=\"\">Guardian<\/a><\/span><span>,<\/span><span> which is out with a piece on the cost of living crisis, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-10\/egypt-cuts-subsidized-food-allocations-to-battle-economic-crisis#xj4y7vzkg\" style=\"\">Bloomberg<\/a><\/span><span>, which covers the government\u2019s decision this week to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f7c380a1-b60c-4d39-9ba2-74ffb79f298f\" style=\"\">reduce subsidized food allocations<\/a><\/span><span style=\"font-weight:400;\"> for ration-card holders.<\/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\">The debate over Queen Cleopatra\u2019s race is still making noise:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.nytimes.com\/2023\/05\/10\/world\/middleeast\/cleopatra-netflix-race-egypt.html\" style=\"\">The New York Times<\/a><\/span><span>, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/12d6897a-b9ec-4588-920d-d1ca21cf6c15\" style=\"\">Financial Times<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cbsnews.com\/news\/netflix-cleopatra-black-egypt-controversy-ancient-queen\/\" style=\"\">CBS<\/a><\/span><span>, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.yahoo.com\/entertainment\/netflix-black-cleopatra-docudrama-prompts-130301036.html\" style=\"\">Variety<\/a><\/span><span> are all commenting on the controversy surrounding Netflix\u2019s portrayal of Cleopatra in its new docuseries. <\/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 in the headlines: <\/span><span style=\"\">The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eiu.com\/n\/sudan-crisis-brings-egypts-regional-diplomacy-into-doubt\/\" style=\"\">Economist Intelligence Unit<\/a><\/span><span style=\"\">  says that the conflict in Sudan could spell trouble <\/span><span>for our GERD strategy and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thetimes.co.uk\/article\/egypt-s-president-sisi-brings-opposition-in-from-the-cold-s6w35ttfr\" style=\"\">the Times<\/a><\/span><span> comments on the start of the National Dialogue.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s a mixed morning in the foreign press: The economy is still getting inch, this time from theGuardian, which is out with a piece on the cost of living crisis, and Bloomberg, which covers the government\u2019s decision this week to reduce subsidized food allocations for ration-card holders. The debate over Queen Cleopatra\u2019s race is still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":586452,"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":[104,72,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-economy","tag-enterpriseam","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"5cce60a6-e70c-452e-be47-c8831e1e7705","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/634.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s economic crisis and the Cleopatra controversy are leading the international headlines","related_issue":[586429],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.f74a62e5-f657-41fc-8d3d-282b5c3eec4c.mp3"},"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>The economic crisis and the Cleopatra controversy are leading the international headlines - 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\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The economic crisis and the Cleopatra controversy are leading the international headlines\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a mixed morning in the foreign press: The economy is still getting inch, this time from theGuardian, which is out with a piece on the cost of living crisis, and Bloomberg, which covers the government\u2019s decision this week to reduce subsidized food allocations for ration-card holders. The debate over Queen Cleopatra\u2019s race is still [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/634.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\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The economic crisis and the Cleopatra controversy are leading the international headlines\",\"datePublished\":\"2023-05-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\"},\"wordCount\":131,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/634.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"inflation\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/11\/the-economic-crisis-and-the-cleopatra-controversy-are-leading-the-international-headlines\/\",\"name\":\"The economic crisis and the Cleopatra controversy are leading the international headlines - 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Global financialization has peaked, and focusing more on markets than the real economy is likely to bring diminishing returns \u2014 and, potentially, a future crisis due to excessive corporate debt, argues Rana Foroohar in the Financial Times (watch,\u2026","rel":"","context":"In &quot;Worth watching&quot;","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1281.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":685161,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/10\/allianz-trade-upgrades-country-risk-citing-the-end-of-the-liquidity-crisis-despite-ongoing-business-as-usual-risks\/","url_meta":{"origin":586451,"position":2},"title":"Allianz Trade upgrades country risk, citing the end of the liquidity crisis despite ongoing business-as-usual risks","author":"enterpriseam admin","date":"10 February 2026","format":false,"excerpt":"A more favorable D3 rating should persuade some global trade credit insurers to loosen limits on shipments to Egypt that were frozen during the pre-float USD shortages","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/631.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638563,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/germanys-outgoing-finance-minister-says-high-levels-of-global-debt-could-lead-to-a-new-financial-crisis\/","url_meta":{"origin":586451,"position":3},"title":"Germany\u2019s outgoing finance minister says high levels of global debt could lead to a new financial crisis","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"Could we be heading into another global financial crisis? Germany\u2019s outgoing Finance Minister, Wolfgang Sch\u00e4uble, believes that \u201cspiralling levels of global debt and liquidity present a major risk to the world economy.\u201d He tells the Financial Times in an interview that prudent austerity measures are the best shield against economic\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":601918,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/13\/developing-countries-could-be-in-for-a-1980s-style-debt-crisis\/","url_meta":{"origin":586451,"position":4},"title":"Developing countries could be in for a 1980\u2019s-style debt crisis","author":"enterpriseam admin","date":"13 March 2019","format":false,"excerpt":"Developing countries could be in for a 21st century debt crisis, senior executives from policy advisory firm Dalberg write for the Financial Times\u2019 BeyondBrics blog. More than 100 emerging markets witnessed government debt-to-GDP ratio hikes between 2013-17, and debt-servicing burdens have risen enough to draw parallels with the lead-up to\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\/2019\/3\/1020.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":586451,"position":5},"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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