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Массовые протесты с требованием отставки президента Абдель Фаттаха ас-Сиси вспыхнули в Египте

Они начались после того, как глава государства объявил о запуске многомиллиардного проекта по строительству новой административной столицы и президентского дворца.

Демонстранты призывают президента уйти в отставку, выкрикивают лозунги, призывающие к направлению средств на улучшение условий жизни населения и пересмотру приоритетов госбюджета.

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Массовые протесты с требованием отставки президента Абдель Фаттаха ас-Сиси вспыхнули в Египте

Они начались после того, как глава государства объявил о запуске многомиллиардного проекта по строительству новой административной столицы и президентского дворца.

Демонстранты призывают президента уйти в отставку, выкрикивают лозунги, призывающие к направлению средств на улучшение условий жизни населения и пересмотру приоритетов госбюджета.

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"The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off. The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI — soaring 7.9% over last year — underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers.
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