{"id":611720,"date":"2023-12-11T00:00:00","date_gmt":"2023-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/11\/this-evening-day-two-of-voting-for-the-presidential-candidates\/"},"modified":"2023-12-11T00:00:00","modified_gmt":"2023-12-11T00:00:00","slug":"this-evening-day-two-of-voting-for-the-presidential-candidates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/11\/this-evening-day-two-of-voting-for-the-presidential-candidates\/","title":{"rendered":"THIS EVENING: Day two of voting for the presidential candidates"},"content":{"rendered":"

Good afternoon friends.<\/strong> Picking up where we left off this morning, there\u2019s not much to report as far as the local business news cycle is concerned, as the presidential election remains the central focus. <\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

It\u2019s day two of voting in the presidential elections:<\/strong>Voters nationwide are casting their ballots for one of four presidential hopefuls: Incumbent President Abdel Fattah El Sisi<\/strong>, Al Wafd Party\u2019s Abdel Sanad Yamama<\/strong>, the Egyptian Social Democratic Party\u2019s Farid Zahran<\/strong>, and the Republican People Party\u2019s Hazem Omar<\/strong>. <\/p>\n

Want to get out and vote?<\/strong> Find your nearest polling station by entering your national ID number on the National Elections Authority website<\/a>. You can also text your national ID number to 5151<\/a> or call the same number to find your polling station and receive your voting number. Voting is open from 9am through 9pm, today and tomorrow.<\/strong><\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

Interest rate chatter kept the international business press busy this afternoon: <\/strong>Global central banks (US Federal Reserve, European Central Bank, and the Bank of England) are trying to settle investor expectations for lower interest rates as they seek evidence of weakening labor markets first, says the Financial Times<\/a>. Investors speculated that policymakers will ease up on monetary policy and lower borrowing costs earlier than predicted in the new year amidst falling inflation and after what Bloomberg<\/a> called the \u201cmost aggressive interest-rate hiking cycle in four decades.\u201d But recent Fed figures are causing some investors to backtrack on their calls, pushing their expectations of a rate cut to May from March. Meanwhile, with bond yields plummeting and the Federal Reserve\u2019s tightening cycle coming to an end, investors are buying up as many stocks, bonds, crypto, and gold as they can, according to the Wall Street Journal<\/a>. <\/p>\n

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