{"id":586558,"date":"2023-05-14T00:00:00","date_gmt":"2023-05-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/14\/egypts-economic-troubles-is-getting-more-attention-overseas\/"},"modified":"2023-05-14T00:00:00","modified_gmt":"2023-05-14T00:00:00","slug":"egypts-economic-troubles-is-getting-more-attention-overseas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/14\/egypts-economic-troubles-is-getting-more-attention-overseas\/","title":{"rendered":"Egypt\u2019s economic troubles is getting more attention overseas"},"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 as far as Egypt is concerned<\/span><span style=\"\">, with more stories <\/span><span style=\"font-weight:400;\">on our economic troubles and the annoying balancing act between our relations with the US and Russia surfacing over the weekend.<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Egypt + Tunisia\u2019s debt problems are escalating: <\/span><span style=\"\">Analysts and investors warn about the <\/span><span>looming debt crisis facing<\/span><span>Egypt and Tunisia, posing tough choices to their Arab Gulf neighbors and investors, due to fiscal deficits, high public sector wage bills, and shortages of FX and essential commodities. <\/span><span>(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/africa\/north-africa-backslides-toward-swirling-debt-troubles-2023-05-11\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Presidential hopeful returns to Egypt:<\/span><span style=\"\">Ahmed Al Tantawy \u2014<\/span><span style=\"\"> a former leftist <\/span><span>MP who plans to run in next year\u2019s presidential election \u2014<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Ahmed.Altantawy.Official\/posts\/pfbid024yumg5FU7RfTvUgyHSUDGLewqXxqDuAjYnGytwLLAJhKCwp84nL5zbEV87arf4a6l\" style=\"\">said Thursday<\/a><\/span><span> he has returned to<\/span><span> Egypt after a<\/span><span> nine-month absence, a week after <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=202205002621231\" style=\"\">claiming<\/a><\/span><span> that two of his uncles had been detained by authorities. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/egypt-sissi-prisoner-cairo-president-altantawi-5ca1a3278ef314d33b909988c49a17b2\" style=\"\">Associated Press<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Vatican recognizes Egyptian Copts as martyrs:<\/span><span style=\"\"> Pope Francis has honored the <\/span><span>20 Egyptian Copts and one Ghanaian who were murdered by the Islamic State in Libya in 2015 by recognizing them as martyrs. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/pope-francis-recognises-21-copts-beheaded-by-islamic-state-martyrs-2023-05-11\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Russia, the Vatican and a potential presidential candidate also make headlines<\/p>\n","protected":false},"author":1,"featured_media":586559,"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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-economy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f17cf6ee-afae-49d9-a1f8-1b8cf88eae04","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/722.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s economic troubles is getting more attention overseas","related_issue":[586540],"teaser":"Russia, the Vatican and a potential presidential candidate also make headlines","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.b9f44940-8ae6-42c5-9bd9-c074c9db7ed7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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South Africa\u2019s\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\/2019\/7\/1490.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550334,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/a-packed-first-day-at-the-egypt-economic-conference-2022\/","url_meta":{"origin":586558,"position":2},"title":"A packed first day at the Egypt Economic Conference 2022","author":"enterpriseam admin","date":"24 October 2022","format":false,"excerpt":"The first day of the Egypt Economic Conference 2022 saw speeches from government and central bank officials. Policymakers ran us through a brief history of our economy as they laid the groundwork to talk solutions today and tomorrow. President Abdel Fattah El Sisi and Prime Minister Moustafa Madbouly each took\u2026","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\/2022\/10\/310.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542616,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/05\/erdogans-fx-troubles-get-worse\/","url_meta":{"origin":586558,"position":3},"title":"Erdogan's FX troubles get worse","author":"enterpriseam admin","date":"5 January 2022","format":false,"excerpt":"Erdogan can\u2019t pry Turkish investors from their greenbacks: Turkish government efforts to drive support for the TRY are doing little to persuade investors to part with foreign currency holdings, with total USD deposits rising to a record USD 239 bn in one week last month, Bloombergreports. Despite apparent massive interventions\u2026","rel":"","context":"In &quot;AROUND THE WORLD&quot;","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573292,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/28\/the-tides-are-turning-for-foreign-portfolio-investment-in-egypt-as-investors-return-to-favorite-carry-trade\/","url_meta":{"origin":586558,"position":4},"title":"The tides are turning for foreign portfolio investment in Egypt as investors return to \u201cfavorite\u201d carry trade","author":"enterpriseam admin","date":"28 July 2020","format":false,"excerpt":"The tides are turning for foreign portfolio investment in Egypt as investors return to \u201cfavorite\u201d carry trade: Foreign holdings of Egyptian sovereign debt rose to USD 10.6 bn by the end of June, and the first two weeks of July saw another USD 3 bn of inflows to local debt,\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\/2020\/7\/223.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545123,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/ems-are-struggling-to-recover-from-the-impact-of-the-pandemic\/","url_meta":{"origin":586558,"position":5},"title":"EMs are struggling to recover from the impact of the pandemic","author":"enterpriseam admin","date":"6 March 2022","format":false,"excerpt":"EMs are still struggling to address the economic repercussions of the pandemic (to say nothing of the effects of Russia\u2019s war in Ukraine)? With the pandemic in its third year, the post-covid recovery has been the primary focus for the global economy, but developing countries and emerging markets are facing\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\/3\/434.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\/586558","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=586558"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586558\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/586540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/586559"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=586558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=586558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=586558"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=586558"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=586558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}