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IMF warns that currency devaluations will not fix a country’s economic problems

Monetary easing can help stimulate domestic demand, which in turn benefits other countries by increasing demand for their goods. The concern, however, is that monetary easing also weakens a country’s exchange rate, making exports more competitive and reducing demand for other countries’ imports as they become more expensive—a phenomenon known as expenditure switching

Gustavo Adler

Egypt’s image and the country’s soft power

It is a confusing question: Who is responsible for Egypt’s image? Perhaps the mystery lies in Egypt’s “important cards”, which are capable of producing a “wonderful image”, but the new image of Egypt is usually “temporary”. The investment conference in Sharm El-Sheikh created an “attractive atmosphere”, however the Egyptian government did not complete it. The …

Mohamed Sabrin

Conflicts wracking Egyptian football reflect country’s political malaise

By James M. Dorsey Multiple conflicts between Egypt’s military-backed government and the country’s foremost soccer clubs that pit militant soccer fans against both Egypt’s autocratic leaders and club managers could force world soccer governing body FIFA to suspend Egypt. The disputes reflect the broader crisis that has shipwrecked Egypt’s transition from autocracy to a politically more …

Daily News Egypt

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