Iran and Saudi Arabia were among six countries invited Thursday to join the BRICS bloc of developing economies in a move that showed signs of strengthening a China-Russia coalition as tensions with the West spiral higher.
The United Arab Emirates, Argentina, Egypt and Ethiopia were also set to enter BRICS from Jan. 1, 2024, joining current members Brazil, Russia, India, China and South Africa to make an 11-nation bloc….
Reuters served as a channel for the UK Foreign Office to covertly fund an Egyptian outlet that clamored for the overthrow of the country’s first democratically elected leader, leaked documents show.
Continue reading “Leaked Documents Reveal Reuters Helped Overthrow Egyptian Democracy – Kit Klarenberg 7/5/23”
Most mornings as I prepare for my run, I tune in to BBC news. Of late, the newscaster has presented, in sober British-fashion, the number of Palestinians killed the night before by the Israeli army in its near-nightly raids on homes and refugee camps in the occupied Palestinian Territories. When I canvass American news sites to learn more, there is no mention of these atrocities. The airwaves are replete, however, with news of the Russia-Ukraine war and the death of civilians.
Continue reading “Deconstructing Israel’s Propaganda Machine – M. Reza Behnam 6/5/23”
Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9 percent, its highest in five and a half years, from 25.8 percent in January, data from statistics agency CAPMAS showed on Thursday.
The soaring inflation follows a series of currency devaluations starting in March 2022, a prolonged shortage of foreign currency and continuing delays in getting imports into the country.
The Egyptian pound has fallen by nearly 50 percent since March….
Egypt’s annual inflation surged to a new high in January, as Egyptians continue to battle ongoing price hikes and a depreciating currency, the country’s statistics bureau said Thursday.
Continue reading “Egypt’s Inflation Continues to Surge as Food Prices Rise – LBCGroup 2/9/23”