Bank lending to companies and households in the euro zone remained stagnant last month, according to data …
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households
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FeatureInternational NewsNews
Inflation, living costs impact UK’s budget deficit
by Aya El Sayedby Aya El SayedUK’s budget deficit in February was larger than anticipated, according to official data, with cost of living …
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FeatureInternational NewsNews
Australia’s recession deepens despite growth
by Aya El Sayedby Aya El SayedAustralia’s economy experienced a slowdown in the last quarter of the previous year, with a deepening per …
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Industry & Trade
Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister
by Yomna Yasserby Yomna YasserEgypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the …
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Industry & Trade
Egypt’s government unveils new hikes in electricity prices by 42%
by Yomna Yasserby Yomna YasserEgypt announced new hikes in electricity prices by up to 42 percent for households as part of …
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International News
Unicef: Fifth of developing world children in extreme poverty
by nada nasserby nada nasserNearly a fifth of children in developing countries are living in extreme poverty, the World Bank and …
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Egypt News
Egypt to connect 1.2mn households to gas this year: new oil minister
by Yomna Yasserby Yomna YasserThe oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 …
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Lending to euro zone households and firms accelerated slightly in July while a broader measure of money …
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So much for deleveraging. Despite near-universal promises to reduce borrowing, global debt has escalated since the financial …