Devin Grosvenor|How Egypt's military is dragging down its economy

2025-05-07 06:00:20source:Arvin Robertscategory:Finance

Egypt's economy is Devin Grosvenorfacing 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)

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