logo
episode-header-image
Jan 2023
27m 21s

How the Egyptian Pound Hit an All-Time L...

Intelligence Squared
About this episode

Are eggs now a luxury item? For the past year an economic crisis has been brewing in Egypt, only to be dramatically exacerbated by Russia's war in Ukraine. And now while inflation reaches new heights, the Egyptian pound has reached an all-time low. Everyday life is becoming tougher and tougher for Egyptians but will the IMF continue to offer lifelines? Can President Abdel Fattah El-Sisi can find a solution? And is another revolution on the horizon for Cairo?


To discuss these issues, Gregg Carlstrom, Middle East correspondent for The Economist and Vivian Yee, Cairo Bureau Chief for the New York Times, join our host for this episode, international reporter Lama Khayer.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Up next
Jul 8
Classic Debate: Neville Chamberlain Did The Right Thing
If ever a politician got a bum rap it’s Neville Chamberlain. He has gone down in history as the British prime minster whose policy of appeasement in the 1930s allowed the Nazis to flourish unopposed. He has never been forgiven for ceding part of Czechoslovakia to Hitler in the Mu ... Show More
1h 7m
Jul 7
Are bureaucrats a force for good? With Michael Lewis and Gillian Tett (Part Two)
The concept of government is under attack. In the United States, Donald Trump has fired tens of thousands of federal workers; ignored congressional statutes; insulted judges; and allowed Elon Musk, the world’s richest man, access to sensitive government information in a slash-and ... Show More
40m 33s
Jul 5
Are bureaucrats a force for good? With Michael Lewis and Gillian Tett (Part One)
The concept of government is under attack. In the United States, Donald Trump has fired tens of thousands of federal workers; ignored congressional statutes; insulted judges; and allowed Elon Musk, the world’s richest man, access to sensitive government information in a slash-and ... Show More
40m 50s
Recommended Episodes
Apr 2023
94 - Egypt's Economic Crisis: A Perfect Storm?
In this episode, we take a deep dive into the looming economic crisis in Egypt. With inflation on the rise, foreign investment declining, and a mounting debt burden, the country's economy is facing significant challenges. We discuss the roots of the crisis, its impact on Egypt's ... Show More
1h 17m
Feb 2023
Business Secrets of the Pharaohs: Egypt’s economy, the military, and the IMF loan
This week on The New Arab Voice, we're casting a look over the Egyptian economy and its recent fiscal troubles.Earlier in January, the International Monetary Fund (IMF) signed off on a $3 billion loan for Egypt; the fourth loan the country had received since 2016. The loan was gr ... Show More
26 m
Mar 2024
Can a land-for-cash deal save Egypt’s economy?
The Ras al-Hikma peninsula on the north coast of Egypt is going to become a new city. But it’s going to be built and managed by another country, the United Arab Emirates. In a deal signed earlier this year, Egypt gave the UAE the right to develop this 170 square kilometre area in ... Show More
20m 11s
May 2024
Egypt and Gaza: Cairo Talks, Sinai Fears
In this episode of Hold Your Fire!, Richard is joined by Crisis Group’s North Africa director Riccardo Fabiani, U.S. director Michael Hanna and Dareen Khalifa, Crisis Group’s senior dialogue adviser, to talk about the Gaza war’s impact on Egypt. They assess the latest round of ce ... Show More
43m 58s
Jun 2023
What does an uprooted garden say about Egypt’s future?
Whether the motive is politics or profit, Cairo is in the midst of a construction boom that threatens what was already a commodity in short supply in Egypt — public and green spaces. Megaprojects such as a new capital city set to open this year have also severely strained the cou ... Show More
22m 23s
Feb 2024
Gaza : un défi économique et humanitaire pour l’Egypte
L’Egypte s’enfonce dans la crise alors que les attaques des Houthis perturbent le trafic du canal de Suez. Le tourisme est aussi touché. Dans « La Story », le podcast d’actualité des « Echos », Pierrick Fay et Justine Babin reviennent sur la situation économique et humanitaire en ... Show More
21m 8s
Oct 2023
How will Egypt handle Gaza?
Alarm is mounting in Egypt that Gaza’s deepening humanitarian crisis will be thrust across its borders, Scotland’s first minister said the country would issue its own government bonds for the first time, and big US bank earnings have been better than expected.  Mentioned in this ... Show More
10m 44s
Oct 2023
U.S. Citizens Set to Leave Gaza Via Egypt
A.M. Edition for Oct. 16. Egypt is today expected to open its Rafah border crossing with Gaza, letting U.S nationals, and potentially others within Gaza, leave the Palestinian enclave ahead of an Israeli ground assault. Journal reporter Will Mauldin describes the diplomatic effor ... Show More
15m 3s