Current:Home > FinanceHow Egypt's military is dragging down its economy -CapitalTrack
How Egypt's military is dragging down its economy
View
Date:2025-04-15 05:27:17
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! (11168)
Related
- New data highlights 'achievement gap' for students in the US
- Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion,
- Two women dead, 3 children critically injured in early morning July Fourth Chicago shooting
- Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts
- Millions swelter under dangerous Fourth of July heat wave
- LA's newest star Puka Nacua prepares for encore of record rookie season
- Global Warming Set the Stage for Los Angeles Fires
- Man suffers severe shark bite on South Padre Island during July Fourth celebrations
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Copa América 2024: Will Messi play Argentina vs. Ecuador quarterfinal match? Here's the latest.
- GM fined nearly $146 million for excess emissions from 5.9 million vehicles
- Britain’s top players at Wimbledon stick to tennis on UK election day
- Skins Game to make return to Thanksgiving week with a modern look
- 2025 VW Golf R first look: The world's fastest Volkswagen?
- Euro 2024 bracket: Full quarterfinals schedule
- Victoria and David Beckham recreate iconic purple wedding outfits ahead of 25th anniversary
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Hurricane Beryl roars toward Mexico after killing at least 7 people in the southeast Caribbean
Prince William Joins King Charles III and Queen Camilla for Royal Duties in Scotland
Victoria and David Beckham Celebrate 25th Wedding Anniversary in the Most Posh Way Possible
'Most Whopper
Video shows dog turning on stove, starting fire in Colorado Springs home
Is the stock market open or closed on July 4th 2024? See full holiday schedule
Joey Chestnut, the 16-time Nathan's champ, aims to pull off a remarkable feat from afar