Economic Crisis


Egypt: Suez Canal revenues since 1975 at $64 billion

Mahmoud Abdel-Wahab, a spokesman for Egypt’s Suez Canal Authority, said that global trade is on track to rebound this year and the Suez Canal is set to see a return

IMF calls on Egypt to cut budget deficit

The International Monetary Fund (IMF) has called on Egypt to take measures to cut its budget deficit within the coming fiscal year in order to reassure investors that the government

Egypt official: new Suez Canal map to guide ships

An official from the Suez Canal Authority told local Egyptian newspapers that the administration of the canal has begun the distribution of a map on the passing ships with speeds

The Currency Issue

The present currency crisis provides a natural environment for a new formula to conduct financial transactions that could deal with the status of globalisation without subjecting this globalisation to one

Suez Canal: Chinese, Iranian and Israeli ships decline, Americans increase

CAIRO: The Official data released by the Suez Canal Authority (SCA) has revealed a marked decrease in the number of Chinese,

The Twin Frauds of Obama

In a failed state, the government’s priorities are totally separate from those of the people. The US can’t afford health care or a bailout for jobless homeowners, but it can

In The Jaws of the Dragon – A Book Review

In The Jaws of the Dragon- America's Fate in the Coming Era of Chinese Dominance. Eamonn Fingleton. Thomas Dunne Books (St. Martin's Press), New York, 2008.

Chomsky: Economic Crisis Will Not End US Hegemony

"Press TV" -- Tehran -- The following is Press TV"s exclusive full-length interview with American linguist, philosopher, political activist, author and MIT professorNoam Chomsky:Press TV: Noam Chomsky, obviously the markets