After more than three decades, Egypt has increased the fixed cost of subsidized bread from 0.05 pounds a loaf to 0.20. With record levels of inflation straining the Egyptian people, Cairo-based photojournalist Hamada Elrasam turns his lens on bakeries and their customers. Captions by Elle Kurancid.
Economic hardship is complicating efforts to curb the problem, officials say
Action stems from complaints by competitors
The US and soon the EU will raise tariffs on electric vehicles and other green technologies, citing concerns that China is flooding markets with cheap products
Provisional European Union duties of up to 38.1% on imported Chinese-made EVs are set to kick in by July 4 while the bloc investigates what it says are excessive and unfair subsidies
Coffee growers have been hit hard by the worst drought in nearly a decade this year, and that could mean a morning espresso is about to get more costly
Campaign pledges threaten to bust an already-swollen government budget, push up French interest rates and strain France’s relations with the European Union
Socioeconomic factors, rising geopolitical tensions affect sales
The demonstrations against tax increases have largely been led by Gen-Z Kenyans
They say current numbers fail to capture number of people living below a humane standard of living
Asman city planners are bogged down in scandals over hefty costs, ambiguous financing schemes and schedule delays
Brussels has proposed duties on imports of Chinese-made electric vehicles to combat excessive subsidies
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