{"id":635946,"date":"2017-12-18T04:02:22","date_gmt":"2017-12-18T04:02:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/what-were-tracking-on-18-december-2017\/"},"modified":"2017-12-18T04:02:22","modified_gmt":"2017-12-18T04:02:22","slug":"what-were-tracking-on-18-december-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/what-were-tracking-on-18-december-2017\/","title":{"rendered":"What we\u2019re tracking on 18 December 2017"},"content":{"rendered":"

The Finance Ministry is reportedly soliciting proposals from banks to arrange a USD-denominated eurobond issuance<\/strong>, sources told Reuters<\/a>. The request was made last week, the sources added. The Finance Ministry was not immediately available for comment, Reuters notes.<\/p>\n

Who says term limits in banking are a good thing? <\/strong>Not Bob Wilmers, the longest-serving bank executive in the United States, who has just passed away<\/a> at age 83. Wilmers had run M&A Bank from 1983 and transformed it from a sleepy local player in upstate New York into a regional powerhouse with 60x the assets and a footprint across the northeastern United States. The story is headline news in CNBC<\/a> and the Wall Street Journal<\/a> and even makes the homepage of the Financial Times<\/a>.<\/p>\n

<\/a> Must-read this morning: <\/strong>The global economy is partying like it\u2019s 2008<\/strong><\/a>, declares an op-ed in the New York Times, which succinctly and cogently argues we may be facing another global asset bubble. \u201cThe American economy is doing well, and emerging economies are picking up steam. But global asset prices are once again rising rapidly above their underlying value \u2014 in other words, they are in a bubble. \u2026 While in 2008 bubbles were largely confined to the American housing and credit markets, they are now to be found in almost every corner of the world economy.<\/strong>\u201d<\/p>\n

** <\/strong>Take our end-of-year survey \u2014 get a bag of Enterprise-branded coffee and cool mugs from which to drink it:<\/strong><\/a> It\u2019s that time of the year again \u2014 we want you to help us gauge how well business went during the year. What are the biggest challenges you faced during the year? Where will the exchange rate stabilise? Do you expect big raises in 2018? Are you hiring? Help us find out. You\u2019ll get the chance to become one of 25 people who\u2019ll get our end of year giveaway package consisting of Enterprise swag and our first-ever Enterprise-branded batch of coffee, which we\u2019ve put together with good friends in the coffee business. (More on that in a later issue.) The survey ends this Thursday, and we\u2019ll have the results when we\u2019re all back from the Christmas-New Year\u2019s-Christmas break.<\/p>\n

Among the headlines worthy of your attention this morning:<\/p>\n