inflation
Moody’s upgrades Egypt’s rating to B2
Business
April 18, 2019
Moody’s upgrades Egypt’s rating to B2
Moody’s upgraded Egypt’s rating to B2 with a stable outlook, expecting financial and economic reforms to cause gradual and steady…
Turkish unemployment jumps to highest rate in nearly a decade
Middle East
April 15, 2019
Turkish unemployment jumps to highest rate in nearly a decade
ANKARA (Reuters) – Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in nearly a…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
Economy
April 10, 2019
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
Egypt’s urban inflation jumps to 14.4 pct in Feb
Economy
March 11, 2019
Egypt’s urban inflation jumps to 14.4 pct in Feb
CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
Ghost workers sap Tunisia’s phosphate wealth
Middle East
March 7, 2019
Ghost workers sap Tunisia’s phosphate wealth
METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
Forty years since revolution, Iran taunts ‘declining’ America
Middle East
February 1, 2019
Forty years since revolution, Iran taunts ‘declining’ America
DUBAI (Reuters) – Forty years after its revolution, Iran has no fear of a “declining” America, a senior cleric said…
Regional powers back Maduro opponent as Venezuela leader
World
January 24, 2019
Regional powers back Maduro opponent as Venezuela leader
The head of Venezuela’s opposition-led legislature proclaimed himself “acting president” on Wednesday in a bid to oust leftist leader Nicolas…
Turkey building boom turning to bust as economy slows
Middle East
January 9, 2019
Turkey building boom turning to bust as economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage — hundreds of luxury houses built in…
IMF board approves new Ukraine loan package
World
December 19, 2018
IMF board approves new Ukraine loan package
The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released…
World feels sting of US Federal Reserve
Economy
December 18, 2018
World feels sting of US Federal Reserve
JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…