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Egypt's economy is collapsing, and no one is stopping it

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March 27, 2024, 12:55:24 pm Mark says: Shocked Shocked Shocked Shocked  When Hamas spokesman Abu Ubaida began a speech marking the 100th day of the war in Gaza, one confounding yet eye-opening proclamation escaped the headlines. Listing the motives for the Palestinian militant group's Oct. 7 massacre in Israel, he accused Jews of "bringing red cows" to the Holy Land.
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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.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
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Author Topic: Egypt's economy is collapsing, and no one is stopping it  (Read 1775 times)
Psalm 51:17
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« on: March 13, 2013, 08:38:13 pm »

http://www.reuters.com/article/2013/03/13/egypt-food-idUSL6N0C5DKT20130313?feedType=RSS&feedName=nonCyclicalConsumerGoodsSector&rpc=43
3/13/13
Food price rises put restive Egypt on edge

* Egyptian pound down over 8 percent since December

* Subsidies keep down prices of some staples for poor

* But costs of other foods climb

* Weak economy means firms hesitate to pass on costs

* Egypt's history of bread riots complicates decisions

By Sylvia Westall and Tom Perry

CAIRO, March 13 (Reuters) - With croissants, baguettes and bagels spilling off metal trolleys at the bakery where Mohammed Alif works in central Cairo, food is not scarce, but profits certainly are.

The Egyptian pound has lost more than 8 percent of its value against the U.S. dollar since the end of December as concern deepens about the state of the economy, which is being undermined by political instability and rioting.

This, along with a general rise in global food prices, has pushed up the amount which bakeries like Alif's have to pay for imported ingredients traded in dollars, which in turn risks feeding back into discontent with the new leadership.

The spectre of steep food price inflation driven by a weaker pound is of particular worry to President Mohamed Mursi as he grapples with spasms of unrest two years after the uprising that toppled Hosni Mubarak and was itself partly driven by a sense of mounting economic hardship in a country long steeped in poverty.

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