{"id":625735,"date":"2018-08-14T04:27:23","date_gmt":"2018-08-14T04:27:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/"},"modified":"2018-08-14T04:27:23","modified_gmt":"2018-08-14T04:27:23","slug":"turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/","title":{"rendered":"Turkey fallout wipes out gains from EM zombie apocalypse rebound"},"content":{"rendered":"

Turkey fallout wipes out gains from EM zombie apocalypse rebound:<\/strong> EM equities and currencies continued to take a beating on \u201cManic Monday,\u201d with the Turkey fiasco not only erasing the July rebound in emerging-market stocks, but also making them the cheapest since early 2016, when equities gained 60% over the following two-year period, according to Bloomberg<\/a>. JPMorgan\u2019s EM foreign exchange index fell another 1.7% to a fresh record low, while the FTSE Emerging Markets stock index fell 2%, its worst one-day drop since early February and taking it to near a one-year low, the FT says<\/a>. Apart from the lira and the Argentinian peso, the South African rand was the hardest hit EM currency.<\/p>\n

Fresh new lows from Turkey despite moderate action: <\/strong>Turkey\u2019s lira continued to drop against the USD yesterday, \u201crattling other emerging markets\u201d as it ended the day 6.6% lower.\u201cThe country\u2019s debt and stock markets were also swept up in the turmoil,\u201d says the Wall Street Journal<\/a>. Ankara\u2019s currency dropped despite Turkish officials\u2019 efforts to \u201cboost liquidity in the market [by] lowering the amount of liras and USDs lenders must park with the central bank against their liabilities\u201d \u2014 a move analysts predicted would not \u201chave any direct impact on the lira\u201d since it fails to address the \u201ccore concern\u201d that is Turkey\u2019s \u201chefty debt exposure.\u201d Investors are seeing that anything short of a cooling of tensions with the US and a rate hike by the central bank as a bandaid.<\/p>\n

As the crisis intensifies, analysts are filing into their respective camps in the debate over the extent of the contagion:<\/p>\n

The harbingers of doom and gloom:<\/strong> Those who see the contagion spreading perceive the Turkey crisis as another domino in a series of events leading up to a perfect storm. Turkey\u2019s financial crisis, coupled with mounting EM debt, shrinking liquidity worldwide as a result of fading monetary easing and a strengthening USD is driving investors to not be forgiving of policy mistakes and perceive risk in a different light, some analysts say. \u201cAfter ten years of monetary policy anaesthetic, the number of sceptics is growing,\u201d Alberto Gallo at Algebris Investments tells the FT<\/a> (which has been the voice of EM doom and gloom for the better part of 2018).<\/p>\n

The optimists:<\/strong> Others, including JP Morgan, see the crisis as a disaster of Turkey\u2019s own making and investors as smart enough to see the disaster as isolated at a time when EM governments with some sense take active policies to contain their respective crises. \u201cEM has already seen a large selloff between April to July and negative developments in Turkey will eventually be seen (along with Argentina) as isolated given their exceptional external imbalances compared to most EM countries,\u201d JPMorgan analysts including Luis Oganes and Jonny Goulden wrote in note to clients picked up by Bloomberg<\/a>.<\/p>\n

Saudi Arabia appears to have lowered its oil production during July<\/strong>, despite vows less than a month before<\/a> that it was planning to pump a record 10.8 mn barrels<\/a> of crude a day under a pact with OPEC to ramp up global production, Anjli Raval writes for the FT<\/a>. \u201cOPEC\u2019s largest producer pumped just under 10.4 mn bopd last month,\u201d according to OPEC researchers. \u201cThis is a fall of more than 52,000 bopd from the prior month.\u201d OPEC\u2019s decision had come at a time when global oil prices had surged above the USD 80\/bbl mark.<\/p>\n

Musk lining up the ducks for Tesla buyout: <\/strong>Elon Musk confirmed that Saudi Arabia\u2019s Public Investment Fund was interested in funding Musk\u2019s attempts to take Tesla private in a blog post on Monday<\/a>. In it, Musk revealed that talks with KSA\u2019s sovereign wealth fund for an acquisition of a stake had been taking place over the course of two years, and that the fund\u2019s management \u201cexpressed support\u201d for his announcement last week of his intentions to take Tesla private. \u201cObviously, the Saudi sovereign fund has more than enough capital needed to execute on such a transaction,\u201d Musk said, adding \u201cthat it was just a matter of getting the process moving.\u201d The post was meant to explain his tweet announcing the buyout, amid reports that the US Securities and Exchange Commission was investigating the accuracy of his tweet that funding for the buyout was \u201csecured.\u201d<\/p>\n

Musk <\/strong>later tweeted<\/strong><\/a> that he is working with Goldman Sachs and PE firm Silver Lake on the transaction,<\/strong> giving it further credibility. The Tesla founder and CEO also said that he is currently working with legal advisers on the transaction, which according to his original announcement, would give the company a USD 70 bn valuation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Turkey fallout wipes out gains from EM zombie apocalypse rebound: EM equities and currencies continued to take a beating on \u201cManic Monday,\u201d with the Turkey fiasco not only erasing the July rebound in emerging-market stocks, but also making them the cheapest since early 2016, when equities gained 60% over the following two-year period, according to […]<\/p>\n","protected":false},"author":1,"featured_media":625736,"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":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"ab0f6c12-2e47-4289-83d3-3a9a2cb64933","order":"0","is_powered_by":true,"section_story_id":"96d7f9e1-62ac-4af9-bfd3-9c66b317a87e","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/8\/4.jpg","photo_position":"above","related_issue":[625732],"teaser":"","voice_url":""},"yoast_head":"\nTurkey fallout wipes out gains from EM zombie apocalypse rebound - 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\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turkey fallout wipes out gains from EM zombie apocalypse rebound\" \/>\n<meta property=\"og:description\" content=\"Turkey fallout wipes out gains from EM zombie apocalypse rebound: EM equities and currencies continued to take a beating on \u201cManic Monday,\u201d with the Turkey fiasco not only erasing the July rebound in emerging-market stocks, but also making them the cheapest since early 2016, when equities gained 60% over the following two-year period, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-14T04:27:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Turkey fallout wipes out gains from EM zombie apocalypse rebound\",\"datePublished\":\"2018-08-14T04:27:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\"},\"wordCount\":775,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\",\"name\":\"Turkey fallout wipes out gains from EM zombie apocalypse rebound - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-08-14T04:27:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Turkey fallout wipes out gains from EM zombie apocalypse rebound\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Turkey fallout wipes out gains from EM zombie apocalypse rebound - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/","og_locale":"en_US","og_type":"article","og_title":"Turkey fallout wipes out gains from EM zombie apocalypse rebound","og_description":"Turkey fallout wipes out gains from EM zombie apocalypse rebound: EM equities and currencies continued to take a beating on \u201cManic Monday,\u201d with the Turkey fiasco not only erasing the July rebound in emerging-market stocks, but also making them the cheapest since early 2016, when equities gained 60% over the following two-year period, according to […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-08-14T04:27:23+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Turkey fallout wipes out gains from EM zombie apocalypse rebound","datePublished":"2018-08-14T04:27:23+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/"},"wordCount":775,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/","name":"Turkey fallout wipes out gains from EM zombie apocalypse rebound - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1","datePublished":"2018-08-14T04:27:23+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/turkey-fallout-wipes-out-gains-from-em-zombie-apocalypse-rebound\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Turkey fallout wipes out gains from EM zombie apocalypse rebound"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/4.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":627287,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/goldman-sachs-is-calling-it-its-the-end-of-the-em-zombie-apocalypse\/","url_meta":{"origin":625735,"position":0},"title":"Goldman Sachs is calling it \u2014 it\u2019s the end of the EM Zombie Apocalypse","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"Goldman Sachs is calling it \u2014 is it really the end of the EM Zombie Apocalypse? The plunge that emerging market assets witnessed this year could have bottomed out in June, with the rally witnessed in July looking likely to be a sustained rebound, according to an analysis by Goldman\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/7\/81.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621445,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/egypt-is-the-fourth-most-vulnerable-to-the-em-zombie-apocalypse\/","url_meta":{"origin":625735,"position":1},"title":"Egypt is the fourth most vulnerable to the EM Zombie Apocalypse","author":"enterpriseam admin","date":"8 November 2018","format":false,"excerpt":"Egypt is one of the countries most vulnerable should the EM Zombie Apocalypse bite again,according to study by Bloomberg Economics. Turkey was the most vulnerable, followed by Argentina and South Africa. Thailand and Saudi Arabia are the least vulnerable of the 20 nations included in the study. What\u2019s the methodology?\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1959.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625636,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/what-were-tracking-on-12-august-2018\/","url_meta":{"origin":625735,"position":2},"title":"What we\u2019re tracking on 12 August 2018","author":"enterpriseam admin","date":"12 August 2018","format":false,"excerpt":"The news week has gotten off to a solid start, as the new month brings us the inflation figures. The weekend\u2019s most gripping news which we dive into in greater detail in the Speed Round, include: Annual headline inflation cooled to 13.5% in July, down from a high of 14.4%\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622463,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/02\/fund-managers-have-turned-negative-on-egyptian-equities-amid-em-zombie-apocalypse\/","url_meta":{"origin":625735,"position":3},"title":"Fund managers \u201chave turned negative\u201d on Egyptian equities amid EM Zombie Apocalypse","author":"enterpriseam admin","date":"2 October 2018","format":false,"excerpt":"Fund managers \u201chave turned negative\u201d on Egyptian equities amid the Emerging Markets Zombie Apocalypse, a monthly poll of leading fund managers shows, according to Reuters. Of the 13 managers polled, 15% said they expect to curb their exposure to Mideast equities within the next three months, while around 8% said\u2026","rel":"","context":"In "Speed Round"","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":623073,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/confused-by-all-this-talk-about-the-em-zombie-apocalypse\/","url_meta":{"origin":625735,"position":4},"title":"Confused by all this talk about the \u201cEM zombie apocalypse\u201d?","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"** #10 The EM Zombie Apocalypse for Dummies: The emerging markets sell-off has spooked investors as some currencies take a nosedive, but understanding what\u2019s happening is not all that difficult if you follow the historical pattern, the Financial Times\u2019 Martin Sandbu says.We\u2019ve seen this happen before: Recessions in developed countries\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624412,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/what-were-tracking-on-9-september-2018\/","url_meta":{"origin":625735,"position":5},"title":"What we\u2019re tracking on 9 September 2018","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"**#1 AAIB boss Hassan Abdalla is out after more than a decade as the Egyptian-Kuwaiti joint venture\u2019s vice-chairman and managing director. Abdalla, who was one of the most high-profile bank leaders facing the term limits the central bank has repeatedly mulled imposing, will reportedly serve as an advisor to Central\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"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\/625735","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=625735"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625735\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/625736"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625735"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625735"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}