IMF Managing Director Kristalina Georgieva expects the completion of Egypt’s loan reviews in a matter of weeks. This will allow Egypt to receive the second tranche of a $5.2 billion loan package. Georgieva praised Egypt’s commitment to economic reforms despite the challenges posed by the COVID-19 pandemic.
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Iran’s regime has a huge problem: how to retaliate
Iran's Supreme Leader Ali Khamenei vowed severe punishment for Israel, launching around 100 explosive drones in response to Israeli air strikes that targeted its air defenses and nuclear facility at Natanz. This initial retaliation, involving drones deployed from Iraq, was deemed ineffective and primarily a nuisance. More Context
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