06.09.2022-....."WATCH EGYPT IN THIS HOUR AND THAT PART OF THE WORLD FOR MAJOR EVENTS THAT WILL TURN THE COURSE POLITICALLY, WITH ALLIANCES AND THE MARKETS."

"And says the Spirit of the Lord this day, WATCH EGYPT IN THIS HOUR AND THAT PART OF THE WORLD FOR MAJOR EVENTS THAT WILL TURN THE COURSE POLITICALLY, WITH ALLIANCES AND THE MARKETS."

https://www.reuters.com/markets/currencies/egypt-develop-new-currency-indicator-wean-people-off-us-dollar-2022-10-23/

 

Egypt to develop new currency indicator to wean people off U.S. dollar
Governor of the Central Bank of Egypt Hassan Abdalla arrives at IMF headquarters during the Annual Meetings of the International Monetary Fund and World Bank in Washington
Governor of the Central Bank of Egypt Hassan Abdalla arrives at IMF headquarters during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 15, 2022. REUTERS/James Lawler Duggan

CAIRO, Oct 23 (Reuters) - Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the U.S. dollar, the new central bank governor said on Sunday.

Hassan Abdalla, appointed in August, told an economic conference that the central bank was also working to introduce currency hedging and had already finished futures contracts as it revamps its currency trading system.

 https://worldarchitecture.org/architecture-news/enffp/un-climate-change-conference-cop27-will-be-held-in-egypt-from-6-to-18-november-2022.html

UN Climate Change Conference COP27 Will Be Held In Egypt From 6 To 18 November 2022

The United Nations' Climate Change Conference will be held at Sharm EL Sheikh International Convention Center in Egypt from 6 to 18 November 2022, seeking and facilitating multilateral efforts and mobilization plans on climate change.

The 27th edition of the UN Climate Change Conference of the Parties of the UN Framework Convention on Climate Change (UNFCCC)-COP27 brings together ministers, negotiators, climate activists, mayors, civil society representatives and CEOs from around the world to tackle with the climate change.

Over 40,000 attendees are expected to participate in COP27 and other related activities from November 6-18, 2022. The annual conference expects to host one of the largest number of participants in the annual global climate conference in Egypt.