Our Economy and the World Issue 280

24-07-2022

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • Bloomberg: EU Proposes 15% Cut in Gas Consumption on Russian Supply Concern
  • CNBC: Italian bonds push higher as PM Mario Draghi suggests he’ll stay in power
  • Reuters: IMF says Russian gas embargo could hit central Europe hard
  • BBC: UK interest rates could top 2%, Bank policymaker says
  • Bloomberg: China’s Premier Signals Flexible Growth Target, Stimulus Caution

Eye on Egypt

  • Bank of America Global Research: Egypt – more weakness in store for EGP

Special Analysis 

  • WSJ: If the U.S. Is in a Recession, It’s a Very Strange One

Developments in Financial and Commodity Markets in the past week

  • CNBC: Euro slips from 2-week highs as mood turns sour
  •  Bloomberg: Gold Steady as Traders Weigh Drop in ETFs, Inflation, Dollar