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Pakistan and Egypt: China's Distressed Assets | Middle East Institute

Pakistan and Egypt are pivotal states in volatile regions. For this reason, the world’s major powers and multilateral financial institutions essentially regard them as ‘too big to fail.’ But the short-term outlook for both economies is grim. Islamabad and Cairo have their hopes pinned on securing IMF support and short-term refinancing and rollovers from friendly countries, notably the Gulf States. How Pakistan and Egypt manage their current crises, and whether their leaders can muster the ...
Red Sea Djibouti General Suez Canal As Suways Ar Riya Saudi Arabia
Source: mei.edu

Tanker breaks down in Suez Canal, but traffic not disrupted - New Delhi Times - India Only International Newspaper

A tanker transporting liquefied natural gas broke down in the Suez Canal on Wednesday but traffic in the global waterway was unaffected, a canal spokesperson said. The Bahamas-flagged Grace Emilia suffered a malfunction of its rudder and tugboats pulled it to the side of the canal to allow other vessels to pass, said George Safwat,…
United States Cove Point Suez Canal As Suways George Safwat Ap Photo Credit

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