{"id":649000,"date":"2017-04-19T03:59:48","date_gmt":"2017-04-19T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/"},"modified":"2017-04-19T03:59:48","modified_gmt":"2017-04-19T03:59:48","slug":"uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/","title":{"rendered":"UK\u2019s May calls election, Goldman in rare earnings miss, US rolls out kinder, gentler face ahead of IMF \/ World Bank spring meetings"},"content":{"rendered":"<p>If yesterday was relatively quiet in Egypt as the nation shrugged off its long weekend, the same can\u2019t be said of international news. Among the stories worth reading this morning:<\/p>\n<p><strong>The UK is heading into a snap election on 8 June<\/strong> as Prime Minister Theresa May, \u201cclearly anxious that her thin majority in Parliament would weaken her hand in complicated negotiations on the British exit from the European Union,\u201d the <a href=\"https:\/\/www.nytimes.com\/2017\/04\/18\/world\/europe\/uk-theresa-may-general-election.html?_r=0\">New York Times<\/a> reports. The BBC <a href=\"http:\/\/www.bbc.com\/news\/uk-politics-39629603\">takes a deep<\/a> dive into the topic and suggests that May\u2019s Conservatives \u201c<a href=\"http:\/\/www.bbc.com\/news\/uk-politics-39631792\">go into the election campaign with a commanding lead<\/a> in the opinion polls.\u201d<\/p>\n<p><strong>Goldman Sachs shocked Wall Street yesterday with a rare earnings miss<\/strong>, <a href=\"http:\/\/www.cnbc.com\/2017\/04\/18\/us-markets.html\">sending US markets into a tizzy<\/a> after posting \u201clower-than-expected quarterly profit as gains in investment banking were offset by weak trading revenue,\u201d <a href=\"http:\/\/fortune.com\/2017\/04\/18\/goldman-sachs-quarterly-earnings\/\">Reuters reports<\/a>. Earnings per share rose to USD 5.15 from USD 2.68, but analysts had expected USD 5.31 per share. Analysts apparently <a href=\"http:\/\/www.reuters.com\/article\/us-goldman-sachs-results-idUSKBN17K1C9\">beat up on Goldman execs<\/a> during their results call. The <a href=\"https:\/\/www.wsj.com\/articles\/goldmans-mighty-traders-strike-out-1492533040\">Wall Street Journal<\/a> has more.<\/p>\n<p><strong>The kinder face of The Donald?<\/strong> US Treasury Secretary sat down with the <a href=\"https:\/\/www.ft.com\/content\/2e1448c4-23e5-11e7-8691-d5f7e0cd0a16\">Financial Times<\/a> for an exclusive interview yesterday ahead of IMF and World Bank\u2019s spring meetings, making the case that Donald Trump is not about to \u201crip up the global economic order or launch a new round of currency and trade wars.\u201d The FT says that he instead \u201claid out an agenda that gives credence to the growing view in Washington that, <strong>when it comes to economic policy at least, the Trump administration may be turning out to be a variant of mainstream Republicanism<\/strong> rather than the fire-breathing \u2018America First\u2019 populism Mr Trump employed to get elected.\u201d<\/p>\n<p>Read that alongside the FT\u2019s \u201c<a href=\"https:\/\/www.ft.com\/content\/4f54a3a2-2319-11e7-8691-d5f7e0cd0a16\"><strong>How a Trump presidency poses big questions for IMF and<\/strong><strong>World Bank<\/strong><\/a>,\u201d which suggests that IMF folks \u201c<strong>have hopes that a USD 12 bn bailout for Egypt<\/strong>, a strategically important country, may help the fund make its broader case to the Trump administration.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If yesterday was relatively quiet in Egypt as the nation shrugged off its long weekend, the same can\u2019t be said of international news. Among the stories worth reading this morning: The UK is heading into a snap election on 8 June as Prime Minister Theresa May, \u201cclearly anxious that her thin majority in Parliament would [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649000","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3e83f121-9685-4cc4-9f1a-5149796cb9b4","order":"0","is_powered_by":true,"section_story_id":"f281e5d1-d519-4bc7-829c-9b0b0b441931","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648981],"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>UK\u2019s May calls election, Goldman in rare earnings miss, US rolls out kinder, gentler face ahead of IMF \/ World Bank spring meetings - 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\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK\u2019s May calls election, Goldman in rare earnings miss, US rolls out kinder, gentler face ahead of IMF \/ World Bank spring meetings\" \/>\n<meta property=\"og:description\" content=\"If yesterday was relatively quiet in Egypt as the nation shrugged off its long weekend, the same can\u2019t be said of international news. Among the stories worth reading this morning: The UK is heading into a snap election on 8 June as Prime Minister Theresa May, \u201cclearly anxious that her thin majority in Parliament would [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-19T03:59:48+00:00\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UK\u2019s May calls election, Goldman in rare earnings miss, US rolls out kinder, gentler face ahead of IMF \/ World Bank spring meetings\",\"datePublished\":\"2017-04-19T03:59:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\"},\"wordCount\":350,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/uks-may-calls-election-goldman-in-rare-earnings-miss-us-rolls-out-kinder-gentler-face-ahead-of-imf-world-bank-spring-meetings\/\",\"name\":\"UK\u2019s May calls election, Goldman in rare earnings miss, US rolls out kinder, gentler face ahead of IMF \/ World Bank spring meetings - 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Eid holiday will run from Monday, 19 July until Thursday, 22 July, while Saturday, 24 July will also be\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":596483,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/goldman-sachs-sees-egypts-10-year-bonds-as-extremely-attractive-as-interest-rates-come-down\/","url_meta":{"origin":649000,"position":1},"title":"Goldman Sachs sees Egypt\u2019s 10-year bonds as \u201cextremely attractive\u201d as interest rates come down","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"Egyptian 10-year bonds to remain \u201cextremely attractive\u201d as interest rates come down -Goldman Sachs: Egyptian 10-year bonds are an \u201cextremely attractive\u201d option for investors looking for higher yields and duration return as the country begins to cut its short-term interest rates, Goldman Sachs Vice President for MENA economics research Farouk\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\/2019\/8\/1488.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569577,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/01\/global-equities-markets-have-worst-week-since-2008-on-covid-19-fears\/","url_meta":{"origin":649000,"position":2},"title":"Global equities markets have worst week since 2008 on covid-19 fears","author":"enterpriseam admin","date":"1 March 2020","format":false,"excerpt":"Global equities markets have worst week since 2008 on covid-19 fears: Global equity markets were a sea of red on Friday as growing fears that a covid-19 pandemic could both stall economic growth and hurt corporate earnings caused investors to dump stocks in what became the worst market sell-off in\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\/2020\/3\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542872,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/20\/nasdaq-falls-into-correction-as-tech-exit-continues-early-swvl-investors-eye-africa-spac\/","url_meta":{"origin":649000,"position":3},"title":"Nasdaq falls into correction as tech exit continues + Early Swvl investors eye Africa SPAC","author":"enterpriseam admin","date":"20 January 2022","format":false,"excerpt":"Nasdaq enters correction as Wall Street sell-off continues: The sell-off in US tech stocks continued yesterday, leaving the Nasdaq down 10.7% from its November peak and officially putting it in correction territory. The tech-heavy index fell another 1.2% during the trading session as investors continued to exit growth stocks in\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577071,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/08\/the-uaes-chimera-capital-enters-private-credit-market\/","url_meta":{"origin":649000,"position":4},"title":"The UAE\u2019s Chimera Capital enters private credit market","author":"enterpriseam admin","date":"8 November 2022","format":false,"excerpt":"Chimera Capital enters the private credit space: Our friends at Chimera Capital have launched a USD 2 bn global private credit fund with US alternative asset manager Alpha Wave Global, the company said in a statement (pdf) yesterday. The fund will primarily lend senior secured, floating-rate private loans to private\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650367,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/goldman-sachs-chairmans-letter-to-shareholders\/","url_meta":{"origin":649000,"position":5},"title":"Goldman Sachs\u2019 Chairman\u2019s letter to shareholders","author":"enterpriseam admin","date":"22 March 2017","format":false,"excerpt":"Goldman Sachs\u2019 Chairman and CEO Lloyd Blankfein published his letter to the shareholders of the bank. He says 2016 started with concerns about global economic growth but as the global economic outlook improved in the second half, other concerns drew to the forefront. Looking ahead, Blankfein says, \u201ceconomic growth was\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\/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\/649000","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=649000"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649000\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648981"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649000"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649000"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}