Moody’s: Egypt Economy Still Recovering From 2011 Uprising

Egypt’s economy has started to improve but has yet to recover from the country’s 2011 uprising and the years of unrest that followed, an international credit rating agency said. Moody’s hailed recent economic and fiscal reforms in its annual report released Tuesday, saying they point to “improved government effectiveness and policy predictability.” Weak finances, however,…

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US Attorney General Sessions Steps Up ‘Sanctuary’ Critique After Setbacks

U.S. Attorney General Jeff Sessions stepped up the Trump administration’s critique of so-called sanctuary cities on Tuesday, saying local and state policies to limit cooperation with immigration enforcement are a criminal’s “best friend.” Sessions’ remarks, at a gathering of law enforcement authorities in Portland, Oregon, came days after repudiation of his stance against the sanctuary…

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Probe into State Firms Reveals Nagging Corruption Problem in Vietnam

A multi-million-dollar banking flap being investigated in Vietnam this month casts light on a tough corruption problem that nips at the Southeast Asian country’s explosive economic growth. The Vietnamese Ministry of Public Security last week began investigating three companies under state-owned gas and oil giant PetroVietnam on suspicion of trying to divert $5.2 million from…

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