Egypt Joins the New Development Bank as IMF Twists the Screws

Recently, Egypt ratified its participation in the New Development Bank (NDB) founded by Brazil, Russia, India, China, and South Africa (BRICS) back in 2014. But interestingly, neither the New York Times nor any other mainstream western media outlet covered the news. Egyptian President Abdel Fattah al-Sisi’s cabinet finally ratified the agreement establishing the NDB and […]