economy
Lebanon central bank to give dollars for food imports, defend currency
Middle East
May 21, 2020
Lebanon central bank to give dollars for food imports, defend currency
BEIRUT (Reuters) – Lebanon’s central bank will start providing dollars for food imports as part of “necessary measures” to defend…
US risks ‘permanent damage’ from extended shutdown: Mnuchin
World
May 20, 2020
US risks ‘permanent damage’ from extended shutdown: Mnuchin
The US economy risks suffering “permanent damage” the longer the lockdown to contain the COVID-19 pandemic drags on, US Treasury…
US facing severe crisis, but not a depression: Fed’s Powell
World
May 18, 2020
US facing severe crisis, but not a depression: Fed’s Powell
The US is facing a severe economic downturn amid the global pandemic, but will not suffer another Great Depression and…
Japan slides into recession — with forecasts of worse to come
World
May 18, 2020
Japan slides into recession — with forecasts of worse to come
Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy shrinking by…
Egypt’s Gold prices up by LE5 per gram, 21 carats at LE 760
Business
May 16, 2020
Egypt’s Gold prices up by LE5 per gram, 21 carats at LE 760
The price of gold has risen in the Egyptian market on Saturday by about five LE compared to Friday’s prices.…
Germany in recession as economy shrinks 2.2% in 1st quarter
Economy
May 15, 2020
Germany in recession as economy shrinks 2.2% in 1st quarter
BERLIN (AP) — The German economy shrank by 2.2 percent in the first quarter compared with the previous three-month period…
China economy better but vital consumer demand still feeble
World
May 15, 2020
China economy better but vital consumer demand still feeble
BEIJING (AP) — Factory output rose in April as China’s virus-battered economy reopened but job losses depressed consumer spending, a…
European countries offer more economic relief from pandemic
Economy
May 14, 2020
European countries offer more economic relief from pandemic
ROME (AP) — European governments promised more relief to their citizens on Thursday as a top US immunologist prepared to…
Stocks down on fears over second wave as lockdowns ease
World
May 12, 2020
Stocks down on fears over second wave as lockdowns ease
Fears of a second wave of coronavirus infections in some parts of the world weighed on equities Tuesday, bringing a…
Sisi follows up Egypt’s financial performance indicators from July 2019 to April 2020
Business
May 11, 2020
Sisi follows up Egypt’s financial performance indicators from July 2019 to April 2020
Egyptian President Abdel Fattah al-Sisi on Sunday followed up the country’s financial performance indicators beginning from July 2019 until April…