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As its leaders fought like cats in a sack over hosting refugees, the “United States of Europe” appeared singularly disunited, writes Merryman.
Managing high public debt in a low-growth and low-inflation environment remains a key challenge for advanced economies, says the IMF.
The president said that Cairo will do its utmost to facilitate the ease of Chinese investors doing business in Egypt.
The EU has again resorted to arm-twisting tactics with its recent ban on 700 pharma products made in India, writes analyst Rachit Ranjan.
OPEC says it is open to discussing the year-on-year drastic drop in oil prices with other producers.
Many polled Greeks said they fear a snap election could backfire and once again threaten Athens' place in the EU.
Egyptian President Abdel-Fattah El-Sissi initially proposed the idea of the joint defense bloc to combat ISIL and other groups.
In late May, the Islamic State beheaded a number of captured Syrian soldiers at the ancient city of Palmyra.
Fifty Indian companies currently operate in Egypt investing $3 billion dollars, and employing 35,000 in the local work force.
Rome says the number of migrant refugees to reach Italy has soared to more than 110,000 in the first eight months of the year.