Egypt faces painful choices after Sisi’s re-election
By Patrick Werr CAIRO (Reuters) – A steady deterioration of the economy puts Egypt under pressure to take long-awaited measures following a presidential election, foremost among them a currency devaluation and a…
Analysis-Xi faces painful gear shift as China’s investment-led growth sputters
By Marius Zaharia and Kevin Yao HONG KONG/BEIJING (Reuters) – American businessman Brody Shores’ furniture business in China grew on a model that leaned heavily on the promise of an enduring property…
‘Painful And Racist History’: NYC Health Czar Demands That WHO Rename Monkeypox
‘Painful And Racist History’: NYC Health Czar Demands That WHO Rename Monkeypox Harold Hutchison on July 27, 2022 New York City’s top public health official told the World Health Organization (WHO) to…
Fed’s Mester: more rate hikes ahead in ‘painful’ battle with inflation
(Reuters) – The Federal Reserve needs to raise rates by a half-of-a-percentage point at each of its next two meetings, and then assess if inflation has moderated enough to slow the pace…
Indigenous Canadians make a painful plea on eve of British royal visit
(Reuters) – As Britain’s Prince Charles and his wife Camilla prepare to visit Canada this week, some members of the indigenous community are calling on the British royal family to formally acknowledge…
Stocks set for a painful week as conflict intensifies; bonds to gain
By Saikat Chatterjee LONDON – World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine and as…
Analysis-World’s damaged supply chains brace for painful recovery
By Mark John – Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start to unwind…
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