Peter Volkmar is a journalist in Cairo covering business and the economy for Business Monthly magazine published by the American Chamber of Commerce in Egypt. This article was originally published in Business Monthly.
In the sumptuous shadow of Abdeen Palace near downtown Cairo, a bread line forms each morning in front of a small kiosk. It snakes past the open double doors...
Between July and September of 2012, the Egyptian government borrowed LE 50 billion (about $8 billion), mostly for subsidies, wages and servicing of previous...