After months of punishing inflation and a plummeting currency, Egyptians are growing louder about the crisis. In exchange for a bailout, the I.M.F. is imposing stern conditions on the government.
Tag: International Monetary Fund
U.S. Recognition of Tiny Pacific Country Reshapes Its New Zealand Ties
The American move to recognize the Cook Islands as a sovereign state is evidence of how the U.S.-China competition is realigning Pacific politics.
World Leaders Meet as Global Economy Faces Multiple Threats
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Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
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Prime Minister Liz Truss and her chancellor of the Exchequer, Kwasi Kwarteng, say they are holding steady on their plans, but experts believe concessions are inevitable.
Egypt’s New Administrative Capital Rises, but at What Price?
It is the grandest in a slew of megaprojects spearheaded by the president. But as the country limps through a dire economic crisis, there are doubts about whether it can afford his grandiose dreams.
Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes
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