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Analysis: Egypt may need up to $15 bln from IMF to avoid crunch

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September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
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http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
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Author Topic: Analysis: Egypt may need up to $15 bln from IMF to avoid crunch  (Read 544 times)
Psalm 51:17
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« on: December 25, 2011, 08:34:10 am »

http://news.yahoo.com/analysis-egypt-may-15-bln-imf-avoid-crunch-115106085.html

12/23/11

Analysis: Egypt may need up to $15 bln from IMF to avoid crunch

CAIRO (Reuters) - Egypt has little choice but to return to the IMF to help it find up to $15 billion to stave off a full-blown financial crisis, but the ruling army seems to be stalling to avoid blame for approaching a foreign institution for cash on its watch.
 
The $3 billion facility from the International Monetary Fund (IMF) that Egypt negotiated then rejected in June may no longer be enough to manage an orderly currency devaluation and get a growing budget deficit under control, economists say.
 
Adding to woes of an economy hammered by months of turmoil and violence, credit rating agency Moody's downgraded Egypt by a notch this week and warned a further cut could be on the way because of political uncertainty.
 
"It's not enough, because when the $3 billion was negotiated in June, the situation was very different," said Said Hirsh, an economist with Capital Economics.

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Psalm 51:17
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« Reply #1 on: December 25, 2011, 03:34:07 pm »

http://news.yahoo.com/egypt-sells-more-91-day-t-bills-offered-135529577.html

12/25/11

Egypt sells more 91-day T-bills than offered

..

CAIRO (Reuters) - Egypt's central bank sold more 91-day treasury bills than originally offered at an auction on Sunday but trimmed the amount 266-day T-bills sold, the Finance Ministry said on its website.
 
The bank sold 3 billion Egyptian pounds of 91-day bills compared to the 2 billion it offered, with the average yield remaining steady from last week at 13.95 percent.
 
It sold only 1 billion pounds of 266-day T-bills, short of the 3.5 billion pounds it had offered, with the average yield rising to 15.26 percent from 15.144 percent at the last issue on Dec 13.
 
The bank sells T-bills on behalf of the Finance Ministry.
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