International financial inspectors have returned to Greece to assess its progress on reforms. The visit comes as the IMF has admitted its tough austerity program may have backfired.
Five years after protests and a coup brought then-President Mohammed Morsi to his knees, Egypt is experiencing its sharpest rise in living costs. Is the country on the brink once again? Farid Farid reports from Cairo.
Government plans for a new wave of austerity measures later this summer sparked the workers' revolt. Greece has been mired in a debt crisis since 2009, and the end of the third international bailout is looming.
After planned tax hikes and the abolition of bread subsidies caused massive protests, Jordan's government is being reshuffled. But that won't be enough to revive the country's foreign aid-reliant economy, experts warn.
Eurozone finance ministers negotiated late into the night to bring an end to an eight-year bailout for Greece. Debt relief and a big cash payout will form part of a broad exit deal.
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