Tag: financial crisis

COVID-19 has cost tourist destinations 3x more than 2008 financial crisis: IIF

In its latest report on tourism, in which it made use of…

Daily News Egypt Daily News Egypt

Lebanon has to accept IMF’s tough conditions in return for financial support: president

Lebanon has submitted an official request to the IMF for funds for…

Xinhua Xinhua

Global household debt exceeds $47trn, $12trn higher than 2008 financial crisis: IIF

Since 2007, households worldwide have added over $12trn to the mountain of…

Nehal Samir Nehal Samir

Global NFC debt now at 93% of GDP vs. 75% before 2008 financial crisis: IIF

COVID-19 fears prompt sharp downgrades to corporate earnings estimates, raising the risk…

Daily News Egypt Daily News Egypt

After ten years of global financial crisis, assets to return over the next 10 years

Europe runs the highest recession risk among major economies, US is premature

Doaa Elboraie Doaa Elboraie

Ten years after the financial crisis – what have we learned?

A decade ago, the subprime crisis began in the US, which a…

Deutsche Welle Deutsche Welle

Italian banks battered after ECB warns MPS about bad loans

The financial crisis is coming back to roost in Italy after warnings…

Deutsche Welle Deutsche Welle

UK begins selling shares in RBS

The British government has begun selling its shares in the bailed-out Royal…

Deutsche Welle Deutsche Welle

Central Bank bails out government

CBE invested EGP 48bn in treasury bonds during the last fiscal year

Daily News Egypt Daily News Egypt

Al-Saeed: Government stands to reap EGP 20bn from tax reforms

Delays in the reform programme could lead lower wages and potential layoffs

Liliana Mihaila Liliana Mihaila