Category: North Africa

Cairo Stirs Economic Cauldron

Cairo Stirs Economic Cauldron

The Sisi government may have created a kitchen disaster by revaluing the currency in mid-March. Global investors remain dismissive of the setting, despite a fleeting flourish of approval. Pound realignment was likely intended to spur inbound remittance flows to ease a hard-currency shortage. Tourism is in shambles; canal  More ►