The Egyptian pound has slipped sharply against the dollar after the Central Bank of Egypt raised its main interest rate and said it would allow the currency’s exchange rate to be set by market forces Source: Cash-strapped Egypt allows its currency to fall sharply against the dollar and hikes interest rates Category: International
By The New York Times With Ramadan approaching and the war nearing the five-month mark, indirect talks mediated by Egypt and Qatar have not yielded a deal. Source: Middle East Crisis: Biden Expresses Hope on Cease-Fire Talks, but Hamas Appears to Reject Latest Offer
A top member of Israel’s wartime Cabinet is meeting with U.S. officials in Washington while talks are underway in Egypt to broker a cease-fire in Gaza before the Muslim holy month of Ramadan begins next week Source: The Latest | Israeli Cabinet member meets US officials as cease-fire talks get underway in Egypt Category: International […]