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Egyptian banks cut interest rates on variable certificates following Central Bank move

In an automatic move responding to the Central Bank of Egypt’s reduction of key interest rates, banks operating in Egypt have decided to decrease interest rates on variable-yield certificates by 2.25%. The Monetary Policy Committee of the Central Bank “ALICO” announced a 225 basis point cut in the overnight deposit and lending rates, as well …

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Trump says ‘nobody is expelling Palestinians,’ weeks after saying they should be moved to Arab states

CNN  —  US President Donald Trump’s plans for the future of Gaza were further shrouded in confusion on Wednesday when he told reporters that “nobody is expelling any Palestinians” from the enclave – an apparent climbdown from his previous proclamations that its population should be relocated. Trump has repeatedly offered conflicting visions for Gaza’s future. …

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Israel’s justice minister moves to oust attorney general amid allegations of political bias, opposition decries move

CNN  —  Israel’s Deputy Prime Minister and Justice Minister Yariv Levin has initiated proceedings to dismiss the country’s Attorney General Gali Baharav-Miara, accusing her of abusing her authority to undermine the government’s policies and destabilize Israel’s rule of law. Right-wing Israeli politicians have long called for her dismissal. The controversial move, announced Wednesday, has prompted …

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Biden makes last big move to protect US networks from hackers from China and elsewhere

President Joe Biden on Thursday will sign an executive order that is his final stab at shoring up America’s cyber defenses after a damaging string of cyberattacks on federal networks that US officials have blamed on Chinese and Russian operatives. The directive is the product of a monthslong review by US officials of key hacking …

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Melania Trump unlikely to move to the White House full time as first lady: ‘This time is different’

Washington CNN  —  Melania Trump is unlikely to move to Washington full time in her second go-round as first lady, multiple sources told CNN, once more showing signs of her willingness to buck tradition as she returns to her high-profile but unelected role on the world stage. Discussions about how and where she’ll spend her …

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