Egypt’s recession may prove deeper than it appears

Employment data suggest that the real economy may be suffering more than headline GDP figures would indicate

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GDP fall correlates with fewer tourists in EU’s south

The EU’s deepest recessions in the second quarter of 2020 tended to occur in countries with large tourism sectors

Graphic Analysis

Egypt: Unemployment rate, showing men, women and total (% of workforce)

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Defence spending rises alongside further fiscal measures to help businesses and households through the pandemic

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Greek defence spending and numbers in armed forces start to rise again after cuts imposed by debt crisis

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Saudi National Day saw the announcement of plans to allow the world’s Muslims renewed access to Mecca

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The Fed's new policy framework allows inflation to exceed the 2% target, enabling it to keep policy very accommodative

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The ruling Communist Party is gearing up for a National Congress

Article

Leaving the EU’s rules and regulations could help make the UK economy more dynamic in some areas

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The government has apparently committed to 'repurposing' state funds for the national carrier

Summary