By Orçun Göktürk from Beijing / China On September 22, 1985, the United States hosted its allies within the “capitalist bloc” at the Plaza Hotel in New York. The main objective of the meeting, attended by West Germany, Japan, France, and the United Kingdom, was to reduce the value of the excessively overvalued U.S. dollar—particularly against the Japanese yen and ...
By Islam Farag – Cairo, Egypt Over the past two years, Egypt has been facing bleak economic prospects that have been worsening day by day. The features of its economic crisis began to take shape and worsen clearly after the outbreak of the Russian-Ukrainian war in February 2022, but the flight of hot money from the country thwarted all government ...