Category: Finance
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Ninety days before Trump returns with economics 101
Once the stock exchanges around the world crashed last week, the US Treasury secretary argued that most of the investors in the exchange whose pensions were on the line were down only 40 percent, but the majority of those with pensions on the line were hammered by US bonds failure to sell. It was argued…
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Christmas News Letter
Welcome to the final newsletter of 2024 from WorldThoughts.UK This year has been extraordinary, from a continuation of the war in Ukraine to the war in Gaza and finally the collapse of the Assad regime in Syria. The argument that has been at the forefront of most conversations has been who will be the next…
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Russia moving into a critical period economically
There is a concern that Trump will step in just when Russia runs out of steam. What does this mean, Russian interest rates are at an eye watering twenty one percent, the Rouble has lost value against the US dollar and the Chinese Yuan. There is an expectation that the rouble has further to fall,…
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Part two Egypt’s political conversation
Egypt is opening the door to the political possibility of an open discussion about where the country goes next. The opposition parties who have members in jail are negotiating with the Egyptian government of Abdel Fatah el-Sissi, and among their demands is the release of dissenters. So Egypt’s political opposition are preparing for a national…
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Is Egypt a basket case?
Is Egypt the next economic failure in the Middle East, that seems to be the worry among the investors in Egypt. The Egyptian pound has devalued by thirty percent, black market rates are higher and international rates are forty five percent. There have been IMF loans, which should amount to US$6 billion in the past…
Current Affairs 