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Egypt Sells USD 600 mn to Import Basic Goods

Egypt Sells USD 600 mn to Import Basic Goods

Cairo, Reuters—Egypt’s central bank sold USD 600 million to banks in a special auction of foreign exchange on Sunday to pay for wheat, meat, cooking oil and other essential imports to a country struggling with a currency crisis. The size of the auction—15 times...
What Happened to the Space Monkey?

What Happened to the Space Monkey?

For the past three years in Tehran’s Nasir Khusraw Street-where several licensed pharmacies compete to sell medicine-there has been a thriving black market trade in pharmaceuticals. Despite repeated campaigns launched by Iranian health bodies to eliminate this...