Current:Home > MarketsHow Egypt's military is dragging down its economy-LoTradeCoin
How Egypt's military is dragging down its economy
View Date:2025-01-11 11:34:41
Egypt's economy is facing its worst crisis in decades. The situation could further destabilize the Middle East if it goes unresolved. Now, the International Monetary Fund is working with Egyptian leadership to figure out another deal for a multi-billion dollar loan ... but will it be enough? Today, we look at how Egypt has fallen into economic crisis and whether its economy is too big to fail.
Related episodes:
What could convince Egypt to take in Gaza's refugees? (Apple / Spotify)
Red Sea tensions spell trouble for global supply chains (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (87418)
Related
- Social media star squirrel euthanized after being taken from home tests negative for rabies
- Republican Derrick Anderson to run for Democratic-controlled Virginia US House seat
- Ariana Grande files for divorce from Dalton Gomez after 2 years of marriage
- The Versailles Palace celebrates its 400th anniversary and hosts King Charles III for state dinner
- Advocacy group sues Tennessee over racial requirements for medical boards
- Why the Full House Cast Is in Disbelief Over Ashley Olsen Having a Baby
- College football Week 3 overreactions: SEC missing playoff, Shedeur Sanders winning Heisman
- See Rihanna and A$AP Rocky Debut Newborn Son Riot Rose in Rare Family Photoshoot
- Nelly will not face charges after St. Louis casino arrest for drug possession
- Police suspect man shot woman before killing himself in Arkansas, authorities say
Ranking
- Bradley Cooper and Gigi Hadid Enjoy a Broadway Date Night and All that Jazz
- Germany bans neo-Nazi group with links to US, conducts raids in 10 German states
- Trump skipping second GOP debate to give competing speech in Detroit
- Former Belarusian operative under Lukashenko goes on Swiss trial over enforced disappearances
- Harriet Tubman posthumously honored as general in Veterans Day ceremony: 'Long overdue'
- Researchers find new way to store carbon dioxide absorbed by plants
- Halle Berry criticizes Drake for using image of her for single cover: Not cool
- See How The Voice's Niall Horan Calls Out Blake Shelton in New Season 24 Promo
Recommendation
-
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
-
Leaders see hope in tackling deadly climate change and public health problems together
-
A Chinese #MeToo journalist and an activist spent 2 years in detention. Their trial starts this week
-
Delta Air Lines flight lands safely after possible lightning strike
-
What are the best financial advising companies? Help USA TODAY rank the top U.S. firms
-
Colorado two-way star Travis Hunter to be out three weeks, coach Deion Sanders says
-
New COVID variant BA.2.86 spotted in 10 states, though highly mutated strain remains rare
-
After your grief fades, what financial questions should you ask about your inheritance?