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"An egg is worth 3.5 pounds, seven times more expensive than the time of the 25 January Revolution. I have four children. Each needs two. We cannot afford that," a civil servant said to The New Arab.
Syria devalues local currency by 50 pct amid worsening economic situation-
Egypt's currency sank to a record low on Thursday after the country's central bank raised key interest rates to combat rising inflation
Commentary Why are market participants scared of a strong dollar? Because for years there was a massive carry ...
In iran even before the tragic death of mahsa amini — iran is facing economic crisis, rapid inflation, currency devaluation, unemployment. there is an entirely new generation of people in iran, younger, generation z, people who came up in iran very different from what it was 15 years ago, far more economic chaos, far less hope. in reality, the death of this young woman was a spark to set off a lot of social tension which had been growing, clearly, beneath the surface for quite some time. it's not surprising that this law, quite hated by many people in iran, especially young people, the force...