Egypt’s debt problems and Mediterranean migration are making headlines globally this morning
It’s a mixed bag of nuts in the foreign press this morning, with no single story capturing the attention of international journalists. Among the stories making headlines:
- CNN takes a look at what it calls a “massive hole of debt” in state finances after the IMF approved the USD 3 bn loan last Friday.
- Egypt-born bn’aire Mohamed Mansour was appointed senior treasurer of the UK Conservative Party, a key fundraising role for the party. Mansour’s company Unatrac has donated upwards of GBP 600k to the Tories, the Guardian and the Telegraph report.
- The Guardian reports on a threefold increase in the number of Egyptians making the dangerous journey to Italy across the Mediterranean from Libya, as a cost of living crisis fuels the business of people smuggling.
- Former CBC owner and convicted pedophile Mohamed El Amin has died of cancer just a few months into serving his three-year prison sentence. (The National)