Yearly Archives: 2025

Libya devalues currency for first time in four years amid fiscal strain

Muhamad Yehia.. Cairo Libya’s central bank devalued the country’s currency by 13.3 per cent on Sunday amid ongoing fiscal strain. The exchange rate for the dinar has now been set at 5.5677 to the US dollar, effective immediately. This marks the first official devaluation of the currency since 2020 when …

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Appeals Court Rules Against Trump Admin, Fired Board Members to be Reinstated

Muhamad Yehia.. Cairo The Trump administration must reinstate two board members who were fired, under a U.S. Court of Appeals for the District of Columbia Circuit ruling released on April 7. The full appeals court vacated a previous split panel decision that had stayed orders to reinstate Cathy Harris of …

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German Foreign Minister Says Talks Over Truce in Ukraine Have Hit ‘Deadlock’

Muhamad Yehia.. Cairo German Foreign Minister Annalena Baerbock said on April 1 that attempts to secure a truce in the conflict between Russia and Ukraine appear to have stalled. Arriving in Kyiv to meet with Ukrainian President Volodymyr Zelenskyy, Baerbock said it was “absolutely crucial” that European countries supported Ukraine …

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Zimbabwe Axes All Tariffs on US Goods

Muhamad Yehia .. Cairo The president of Zimbabwe, Emmerson Mnangagwa, has suspended all tariffs on goods from the United States, a few days after the White House imposed an 18 percent rate on imports from the African country. On Saturday, Mnangagwa wrote on X: “The principle of reciprocal tariffs, as …

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Trump denies causing market sell-offs but sticks to trade deficit goal

Global stock markets deepened losses during Monday’s Asian session as US President Donald Trump reiterated his commitment to eliminating US trade deficits—particularly with China—while denying any intention to fuel market turmoil Muhamad Yehia..  Cairo US President Donald Trump insisted he had not deliberately triggered the intense market sell-offs but reaffirmed …

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European and US markets continue to drop after Trump’s global tariffs

Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50% Muhamad Yehia.. Cairo Stock markets worldwide are careening even lower Friday after China matched US President Donald …

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Euroviews. Tesla’s fall in Europe will only hand the keys to Beijing

With the US, the UK and much of Europe ramping up incentives for domestic production, no wonder China is scrambling to maintain its competitive edge, Saman Rizwan writes Muhamad Yehia.. Cairo European consumers are done with Elon Musk: Tesla sales in the EU have tanked 58% in two months. But …

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? Europe has a ‘real opportunity’ to take in Americans fleeing Trump. Is it ready for a ‘brain drain’

affluent working Americans looking to resettle in Europe. They say it’s time for Europe to prepare for their arrival. Muhamad Yehia.. Cairo Russian-American *Julia had wanted to leave the United States for a couple of years, but the start of President Donald Trump’s second term forced her to start taking …

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Thousands take part in anti-Trump, Musk protests nationwide and abroad

Thousands of people staged protests against Trump and Tesla boss Elon Musk across the US and beyond the borders to express dissatisfaction with policies and actions of the current administration Muhamad Yehia.. Cairo Crowds of people angry with how US President Donald Trump and his administration have been running the …

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Setback for Merz: AfD ties with CDU/CSU in poll for first time

Many voters seem disappointed with the coalition negotiations carried out so far by the CDU/CSU. According to the latest Sunday Insa poll from Bild, the CDU/CSU has dropped to 24%, now tying with the AfD. This marks an all-time low for the Conservatives Muhamad Yehia.. Cairo In the midst of …

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