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Egyptian charities dish out meals during Ramadan, despite soaring costs

Egyptian charities dish out meals during Ramadan, despite soaring costs

FOR the past five years, Egyptian Laila Abdel Maksoud and her family have run a charity offering free meals during the holy month of Ramadan, serving more and more people even as soaring inflation has driven up costs for the organization. Maksoud said they first started out with 500 meals, but this year they've surpassed 4,000 as millions of Egyptians struggle to cope with record inflation. A severe shortage of foreign currency exacerbated by global factors including a drop in Suez Canal revenue has hobbled the economy over the last two years. Despite investments from Gulf countries and a financial…
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Germany at a standstill as huge strike halts planes and trains

Germany at a standstill as huge strike halts planes and trains

SARAH MARSH and MATTHIAS WILLIAMS AIRPORTS and bus and train stations across Germany were at a standstill, causing disruption for millions of people during one of the largest walkouts in decades in Europe's biggest economy as soaring inflation stokes wage demands. The 24-hour "warning" strikes called by the Verdi union and railway and transport union EVG were the latest in months of industrial action which has hit major European economies as higher food and energy prices dent living standards. They kicked off three days of wage talks which could lead to further strikes if they fail to yield a compromise. Employers have…
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