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Posts Tagged "oil prices"

Observations

Are high food prices fueling revolution in Egypt?

egyptian-bread

Even with government subsidies and ration cards for bread, the true price of wheat in Egypt is nearly 30 percent higher today than it was a year ago—thanks to global prices for that staple cereal that have increased nearly 80 percent in the same span. In more common terms, that means 5 piester (less than [...]

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