{"id":604573,"date":"2018-12-06T04:03:10","date_gmt":"2018-12-06T04:03:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/"},"modified":"2018-12-06T04:03:10","modified_gmt":"2018-12-06T04:03:10","slug":"egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/","title":{"rendered":"Egypt and other Arab countries\u2019 middle class most affected by austerity measures"},"content":{"rendered":"

WSJ on our middle-class squeeze: <\/b>\u201cIn Egypt and elsewhere in the Middle East, a wave of austerity is making it harder for many people to make ends meet,\u201d Jared Malsin and Amira El-Fekki say in the Wall Street Journal<\/a>. Following the standard pattern of stories on the economy immediately following the EGP devaluation in 2016, the vox-pop-based piece offers nothing insightful, beyond noting that Egypt was the hardest hit economically from the relatively stable Arab Spring countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

WSJ on our middle-class squeeze: \u201cIn Egypt and elsewhere in the Middle East, a wave of austerity is making it harder for many people to make ends meet,\u201d Jared Malsin and Amira El-Fekki say in the Wall Street Journal. Following the standard pattern of stories on the economy immediately following the EGP devaluation in 2016, […]<\/p>\n","protected":false},"author":1,"featured_media":604574,"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":[2607,3176,104,2386,72,272,1778],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-arab-spring","tag-austerity","tag-economy","tag-egypt-in-the-news","tag-enterpriseam","tag-imf","tag-middle-east","wpautop","entry"],"acf":{"mongo_id":"903c3d4d-75cc-476b-b665-1cdcd2dfd422","order":"0","is_powered_by":true,"section_story_id":"f66fb098-cab5-408e-99f1-092d4bbe21fe","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/12\/1430.jpg","photo_position":"above","related_issue":[604551],"teaser":"","voice_url":""},"yoast_head":"\nEgypt and other Arab countries\u2019 middle class most affected by austerity measures - 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\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and other Arab countries\u2019 middle class most affected by austerity measures\" \/>\n<meta property=\"og:description\" content=\"WSJ on our middle-class squeeze: \u201cIn Egypt and elsewhere in the Middle East, a wave of austerity is making it harder for many people to make ends meet,\u201d Jared Malsin and Amira El-Fekki say in the Wall Street Journal. Following the standard pattern of stories on the economy immediately following the EGP devaluation in 2016, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-06T04:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/1430.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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt and other Arab countries\u2019 middle class most affected by austerity measures\",\"datePublished\":\"2018-12-06T04:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/1430.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Arab Spring\",\"austerity\",\"economy\",\"Egypt in the News\",\"EnterpriseAM\",\"IMF\",\"Middle East\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/egypt-and-other-arab-countries-middle-class-most-affected-by-austerity-measures\/\",\"name\":\"Egypt and other Arab countries\u2019 middle class most affected by austerity measures - 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Consumers are swapping new cars for cheaper models, cutting back on pricy supermarket shopping and giving up holidays abroad. This\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","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":644820,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/egypts-austerity-measures-are-good-for-investors-bad-for-the-people\/","url_meta":{"origin":604573,"position":1},"title":"Egypt\u2019s austerity measures are good for investors, bad for the people","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Austerity measures in Egypt have been good for investments but no so much for the people, Farid Y. Farid writes for QZ. While reform measures, including the recent hike in fuel prices, have \u201cpaid off handsomely with the EGP ranking as one of the best performing currencies this year,\u201d he\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","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":630978,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/egypt-media-crackdown-continues-to-top-foreign-coverage\/","url_meta":{"origin":604573,"position":2},"title":"Egypt media crackdown continues to top foreign coverage","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"The crackdown on media continued to dominate headlines of Egypt in the foreign press this morning in the wake of pro-government talk show host Khairy Ramadan\u2019s arrest on charges of insulting the police. The case of Ramadan, who was released on bail of EGP 10,000 yesterday, \u201ccomes amid a climate\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","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":596273,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/why-isnt-egypts-economic-growth-translating-into-lower-poverty-rates\/","url_meta":{"origin":604573,"position":3},"title":"Why isn\u2019t Egypt\u2019s economic growth translating into lower poverty rates?","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"Why isn\u2019t Egypt\u2019s economic growth translating into lower poverty rates? Despite growth spiking over the past several years and Egypt remaining one of the Middle East\u2019s fastest-growing economies, the country\u2019s poverty rate has also risen. Although it might be easy to blame the IMF-backed austerity program for this trend, the\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594552,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-in-the-news-on-1-september-2019\/","url_meta":{"origin":604573,"position":4},"title":"Egypt in the News on 1 September 2019","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"Rising sea levels due to climate change are posing an increasing threat to Alexandria and the Nile Delta, with at least 5.7 mn people likely to be affected by the end of the century, the Associated Press reports. Despite measures taken by the government to safeguard residential areas and the\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","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":652300,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/austerity-measures-are-not-the-way-to-go-so-lets-tax-the-rich\/","url_meta":{"origin":604573,"position":5},"title":"Austerity measures are not the way to go, so let\u2019s tax the rich","author":"enterpriseam admin","date":"5 January 2017","format":false,"excerpt":"Take your blood pressure meds before reading this one: Austerity measures have never worked and will not save the economy, self-styled economic expert Medhat Nafe\u2019 writes for Al Shorouk, arguing that the austerity measures often prescribed by the \u201ceconomic elite\u201d only work to further the crisis for the general public\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604573","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=604573"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604573\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604574"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604573"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604573"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}