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S&P Global sees another 200bps rate cut before year-end

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Egypt’s foreign minister warned of the risk of an all-out regional conflict in light of intensified

Egypt’s foreign minister warned of the risk of an all-out regional conflict in light of intensified fighting between Israel and Lebanon’s Hezbollah, saying the escalation “negatively impacted” a Gaza truce deal, reports. “There is great concern about… the possibility of an escalation in the region leading to an all-out regional war,” Egyptian Foreign Minister Badr Abdelatty told , adding that the latest spike in violence “negatively affects” ceasefire negotiations in Gaza, which Cairo is helping mediate.

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