economy
Japan slips into recession allowing Germany to overtake as world’s third largest economy
World
February 15, 2024
Japan slips into recession allowing Germany to overtake as world’s third largest economy
Tokyo CNN — Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing…
Europe’s growth engine is sputtering. Can Germany’s economy be revived?
World
February 10, 2024
Europe’s growth engine is sputtering. Can Germany’s economy be revived?
London CNN — Trains canceled. Flights grounded. Highways blocked by angry farmers. The world’s fourth-largest economy has got off to…
Banking expert explains differences between clean and dirty float
Economy
February 5, 2024
Banking expert explains differences between clean and dirty float
Banking expert Hany Abul-Fotouh explained that the exchange rate policies followed globally involve either linking the country’s currency to another…
Head of Egypt’s gold division reveals expectations for gold prices in the coming period
Business
February 2, 2024
Head of Egypt’s gold division reveals expectations for gold prices in the coming period
The head of the Jewelry and Jewelry Division at the Chambers of Commerce Hani Milad, clarified that circulated rumors regarding…
Moody’s alters outlook for five Egyptian banks to negative
Business
January 25, 2024
Moody’s alters outlook for five Egyptian banks to negative
Global credit rating agency Moody’s Investors Service has altered the outlook for five Egyptian banks, bringing their long-term deposit ratings…
IMF begins review of Egypt’s economic reform program
Egypt
January 21, 2024
IMF begins review of Egypt’s economic reform program
An International Monetary Fund (IMF) team, led by the head of the fund’s mission to Egypt Ivanna Vladkova Hollar, began…
‘Sick man of Europe?’ Germany says it just needs a coffee
World
January 20, 2024
‘Sick man of Europe?’ Germany says it just needs a coffee
London CNN — Germany’s finance minister has shrugged off suggestions his country has once again become the “sick man” of…
‘A tough new year for Egypt’ – Moody’s expects significant economic pressures
Business
January 18, 2024
‘A tough new year for Egypt’ – Moody’s expects significant economic pressures
The Moody’s credit rating agency anticipates that Egypt will face significant pressures in 2024 for both debt and financial liquidity.…
The rich and powerful are meeting in Davos. Here’s what they’re talking about
World
January 17, 2024
The rich and powerful are meeting in Davos. Here’s what they’re talking about
New York CNN — Switzerland’s skies are ablaze this week with jets carrying business and political leaders, news pundits and…
China’s double whammy: Exports fell for the first time in 7 years, as domestic demand dips
World
January 13, 2024
China’s double whammy: Exports fell for the first time in 7 years, as domestic demand dips
Hong Kong CNN — China’s economy had a bad 2023 and the outlook isn’t much better. Exports for the year…