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Al-Ahram Weekly
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Opinion
3/23/2023 11:20:13 PM
News of problems at three major banks in the US and Europe has brought back worried memories of the 2008 global financial crisis.
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Al-Ahram Weekly
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Opinion
3/21/2023 11:18:36 PM
With the 2008 global financial crisis threatening to repeat itself, can the world take another hit after the Covid-19 pandemic and the Ukraine war.
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Business
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Economy
3/21/2023 8:52:41 PM
Stock markets extended gains on Tuesday, with bank shares rallying as fears of a financial crisis eased after authorities moved to shore up the sector.
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Business
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Markets & Companies
3/11/2023 4:08:26 PM
Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.
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World
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Region
3/1/2023 7:14:25 PM
Supermarkets in Lebanon started pricing items in US dollars on Wednesday instead of the nose-diving local currency, after a government announcement allowing the practice in a country heavily reliant on imports.
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World
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Region
2/13/2023 6:25:45 PM
Western and regional powers have warned they will reconsider "all ties" with Lebanon if parliament fails to elect a president amid a worsening financial crisis, the prime minister's office said Monday.
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World
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Region
2/7/2023 3:38:51 PM
Lebanon's battered commercial banks on Tuesday closed their doors to customers in protest of a recent court ruling that forced one of the country's largest banks to pay out two of its depositors their trapped savings in cash.
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Business
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Economy
1/18/2023 12:08:17 PM
Taiwan's economy shrank in the final quarter of 2022, the government said Wednesday, in the island's worst quarterly contraction since it was hammed by the global financial crisis in late 2009.
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World
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International
1/13/2023 1:41:29 PM
Bankrupt Sri Lanka will drastically slash its military, the defense ministry said Friday, as the government works to overhaul its shambolic finances after an unprecedented economic crisis.
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World
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Africa
12/12/2022 8:39:06 PM
"Everything is increasing except our wages," Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown.
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Al-Ahram Weekly
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Egypt
10/21/2022 7:20:00 PM
Al-Ahram Weekly compares Egypt’s current dollar crunch to that in 2016-17.
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Business
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Economy
10/10/2022 9:22:20 PM
A US trio including ex-Federal Reserve chief Ben Bernanke, who played a key role battling the 2008 financial crisis, won the economics Nobel on Monday for research on banks in times of turmoil.
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World
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Region
9/29/2022 12:33:14 PM
The Lebanese parliament met Thursday to elect a new president, with no consensus on a successor to outgoing head of state Michel Aoun despite an unprecedented financial crisis.
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World
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Region
9/28/2022 5:37:08 PM
Lebanon will weaken its official exchange rate for the first time in more than two decades, a central bank official said, as part of efforts to tackle a crippling financial crisis.
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War in Ukraine
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Economy
9/3/2022 5:59:35 PM
Sweden said Saturday it would provide liquidity guarantees to Nordic and Baltic energy companies worth "billions of dollars" in a bid to prevent a financial crisis sparked by Europe's energy crunch.
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Al-Ahram Weekly
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Egypt
8/31/2022 9:54:00 AM
Finance Minister Mohamed Maait slams foreign reports which claim Egypt is facing a financial crisis, reports Al-Ahram Weekly.
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World
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Region
8/9/2022 11:40:48 AM
Tarek Younes was once solidly middle class and felt he helped contribute to society as an inspector in the Lebanese government's consumer protection agency. But the country's economic free-fall has eroded his income and civic pride.
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World
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Region
7/31/2022 10:22:39 AM
In bankrupt Lebanon, Khalil Mansour has to queue for hours every day just to buy bread for his family and some days he can't afford any.
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World
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International
2/15/2022 4:03:07 PM
Greece's government is seeking parliamentary approval Tuesday for a 3 billion euro ($3.4 billion) agreement for three new French-made frigates that defense officials say are vital for addressing ongoing tensions with neighboring Turkey.
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World
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Region
9/22/2021 1:56:17 PM
Lebanon has been experiencing a crippling economic and financial crisis, which the World Bank has described as one of the worst in the world in the last 150 years
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