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Egypt's economic turmoil squeezes struggling middle class
Egypt's economic turmoil squeezes struggling middle class
by  AFP

With Egypt's economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink. The new reality has driven families that were considered part of the middle class to seek help.

Ukraine centre stage as Davos returns
Ukraine centre stage as Davos returns
by  AFP

The war in Ukraine is set to take the spotlight Tuesday as global business and political A-listers huddle in the Swiss Alpine village of Davos with the ambitious aim of uniting a "fragmented" world. Ukrainian President Volodymyr Zelensky is set to make the first of three scheduled video appearances on Tuesday morning at a Ukraine-themed event on the sidelines of the forum.

EU vows to protect European industry to counter US subsidies
EU vows to protect European industry to counter US subsidies
by  AFP

The EU on Monday said it would take "decisive steps" to protect Europe in the face of massive US subsidies that have left the bloc scrambling to find a way to keep businesses on the continent. Some EU members fear a hardline response by the EU to the IRA could provoke a trade war, while others worry a subsidy race within the bloc would benefit wealthier nations.

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