Cash-strapped Egypt allows its currency to fall sharply against dollar, hikes interest rates

CAIRO — The Egyptian pound slipped sharply against the dollar on Wednesday after the Central Bank of Egypt raised its main interest rate and said it would allow the currency’s exchange rate to be set by market forces. The measures were meant to combat inflationary waves and attract foreign investment as the country experiences a … Read more

China’s cash-strapped youth find ways to live a social media-worthy lifestyle

September 24, 2023 at 12:00 a.m. EDT College friends Xiao Tong, left, and Zhang Yufeng on a day trip to Shanghai from the neighboring city of Suzhou, where they’ll return in the evening to save money, on 1 Sept. (Gilles Sabrié)Comment on this storyComment SHANGHAI — The waitress set a pot of boiling broth in … Read more

Trump Is Internet hosting $100,000-Per-Plate Dinner For Money-Strapped Rudy Giuliani. Snark Is Served.

Donald Trump is internet hosting a $100,000-per-person fundraiser for Rudy Giuliani, his cash-strapped former lawyer and alleged co-conspirator within the tried overthrow of 2020 election outcomes, a New York Instances reporter shared Tuesday. The previous president seems to be following by means of on a reported promise to assist Giuliani after the previous mayor of … Read more