{"id":632677,"date":"2018-02-18T04:22:50","date_gmt":"2018-02-18T04:22:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/"},"modified":"2018-02-18T04:22:50","modified_gmt":"2018-02-18T04:22:50","slug":"egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/","title":{"rendered":"Egypt comes down to fourth from second place on Bloomberg\u2019s Misery Index 2018"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egypt ranked fourth on Bloomberg\u2019s Misery Index for 2018,<\/strong> coming down from second place last year, thanks largely to reform efforts and focus on private investment. Venezuela and South Africa are seen as the \u201cworld\u2019s unhappiest countries,\u201d coming in in first and second place, respectively. Argentina follows in third, while Greece and Turkey are tied in fifth place. The index, \u201cwhich sums inflation and unemployment outlooks for 66 economies,\u201d sees that \u201crising prices are more of a threat to the global economy this year than joblessness.\u201d Still, the data points to a \u201ca global economic outlook that remains bright overall.\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-14\/most-miserable-economies-of-2018-stay-haunted-by-inflation-beast\">Tap here for the full rundown<\/a>.<\/p>\n<p><strong>SICO\u2019s new Nile X smartphone goes on sale today:<\/strong> Our friends at Pharos Investment Banking are <a href=\"https:\/\/ent.news\/2018\/2\/1008.pdf\">celebrating today the launch (pdf)<\/a> of the first locally assembled smartphone. The Nile X, from the Egyptian Company for Silicon Products (SICO), was introduced during Cairo ICT last year. The Android-powered Nile X was produced through partnerships with Google and Qualcomm. The devices will be marketed locally and elsewhere in the MEA region. The <strong>six available models range in price from EGP 999-4,200<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/365422\/17\/%D9%81%D8%B1%D9%88%D8%B9-%D8%A3%D9%88%D8%B1%D9%86%D8%AC-%D8%AA%D8%A8%D8%AF%D8%A3-%D8%A8%D9%8A%D8%B9-%D9%87%D9%88%D8%A7%D8%AA%D9%81-%D8%B3%D9%8A%D9%83%D9%88\">according to Al Mal<\/a>. Pharos is SICO\u2019s exclusive financial advisor.<\/p>\n<p>In miscellany this morning:<\/p>\n<ul>\n<li><strong>The Ritz detox: <\/strong>How Saudi Arabia\u2019s business elite coped with being locked up in the Ritz-Carlton during the kingdom\u2019s \u201canti-corruption\u201d purge. (<a href=\"https:\/\/www.ft.com\/content\/d1869118-130b-11e8-940e-08320fc2a277\">Financial Times<\/a>)<\/li>\n<li><strong>Charges in US election hacking: <\/strong>The US has formally charged more than a dozen Russians with interference in the 2016 elections. (<a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-russia-indictment\/u-s-charges-russians-with-2016-u-s-election-tampering-to-boost-trump-idUSKCN1G022U\">Reuters<\/a>)<\/li>\n<li><strong>Delaying the spread of prostate cancer: <\/strong>Two meds, one of them already approved for other use, could delay the spread of aggressive prostate cancer by up to two years. (<a href=\"https:\/\/www.nytimes.com\/2018\/02\/08\/health\/prostate-cancer-drugs.html\">New York Times<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Egypt ranked fourth on Bloomberg\u2019s Misery Index for 2018, coming down from second place last year, thanks largely to reform efforts and focus on private investment. Venezuela and South Africa are seen as the \u201cworld\u2019s unhappiest countries,\u201d coming in in first and second place, respectively. Argentina follows in third, while Greece and Turkey are tied [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":632678,"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-632677","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":"132b2150-a029-4cbf-8739-a78b73967469","order":"0","is_powered_by":true,"section_story_id":"8b8abd3f-e366-4050-be81-276df502d451","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/2\/2142.jpg","photo_position":"above","related_issue":[632672],"teaser":"","voice_url":""},"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>Egypt comes down to fourth from second place on Bloomberg\u2019s Misery Index 2018 - 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\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt comes down to fourth from second place on Bloomberg\u2019s Misery Index 2018\" \/>\n<meta property=\"og:description\" content=\"Egypt ranked fourth on Bloomberg\u2019s Misery Index for 2018, coming down from second place last year, thanks largely to reform efforts and focus on private investment. Venezuela and South Africa are seen as the \u201cworld\u2019s unhappiest countries,\u201d coming in in first and second place, respectively. Argentina follows in third, while Greece and Turkey are tied [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-18T04:22:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2142.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\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt comes down to fourth from second place on Bloomberg\u2019s Misery Index 2018\",\"datePublished\":\"2018-02-18T04:22:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\"},\"wordCount\":292,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2142.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\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/egypt-comes-down-to-fourth-from-second-place-on-bloombergs-misery-index-2018\/\",\"name\":\"Egypt comes down to fourth from second place on Bloomberg\u2019s Misery Index 2018 - 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The index is simply the sum of the unemployment and inflation rates and is the brainchild of Arthur Okun, an adviser to US President Lyndon Johnson in\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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\/2017\/8\/1020.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622216,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-falls-one-position-in-bloombergs-em-scorecard\/","url_meta":{"origin":632677,"position":1},"title":"Egypt falls one position in Bloomberg\u2019s EM scorecard","author":"enterpriseam admin","date":"29 November 2018","format":false,"excerpt":"Egypt falls one notch on Bloomberg\u2019s EM scorecard: Egypt fell by one ranking to 17th place in Bloomberg\u2019s biannual scorecard of 21 emerging market economies. The scorecard, which tracks economies that are either in the MSCI Emerging Markets Index or a Bloomberg Barclays measure tracking EM local-currency government bonds, assigns\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\/2018\/11\/1233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632907,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/what-were-tracking-on-22-february-2018\/","url_meta":{"origin":632677,"position":2},"title":"What we\u2019re tracking on 22 February 2018","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"The US Federal Reserve sees the American economy gaining momentum. Minutes from Janet Yellen\u2019s final meeting as Fed chair shows the US central bank have \u201cmarked up their growth forecasts since the previous month, encouraged by firm global growth, supportive financial markets and the potential for US tax cuts to\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":624700,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/egypt-secures-fourth-womens-squash-world-championship-title\/","url_meta":{"origin":632677,"position":3},"title":"Egypt secures fourth women\u2019s squash world championship title","author":"enterpriseam admin","date":"17 September 2018","format":false,"excerpt":"The Egyptian women\u2019s squash team brought home Egypt\u2019s fourth world championship trophy after yesterday's victory over England, according to the tournament\u2019s official website. The WSF World Team Squash Championships takes place every other year. Egypt won the men\u2019s title five times and the women\u2019s four times.","rel":"","context":"In &quot;What We're Tracking Today&quot;","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\/9\/2459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599681,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/what-were-tracking-on-8-january-2019\/","url_meta":{"origin":632677,"position":4},"title":"What we\u2019re tracking on 8 January 2019","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"The New Year holiday lull is over, with major announcements and key important news covering business, politics, legislation and regulation and international politics coming in over the past two days. Some of the the key highlights include, FX reserves have fallen, A new capital gains tax on corporations is upon\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":641430,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/bloombergs-tips-on-understanding-emerging-markets\/","url_meta":{"origin":632677,"position":5},"title":"Bloomberg\u2019s tips on understanding emerging markets","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Bloomberg\u2019s tips for understanding emerging markets: We're at the beginning of a turning point in the cycle in which EM will outperform U.S. shares, writes Ben Carlson for Bloomberg View. But poring over data from the past decade finds that volatility in the asset class is a far cry from\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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\/2017\/9\/1038.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\/632677","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=632677"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632677\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/632678"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632677"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632677"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}