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  NEWS > ECONOMY  
 
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Egypt cbank ups rates to curb inflation
Cairo  
 
  The Egyptian central bank said on Friday it raised its key overnight interest rates for the third time this year to contain inflation expectations after recent government decisions to raise the prices of fuel and cigarettes.  
   

  Egypt inflation hits fresh 3-yr peak on food rises
Cairo
  Urban inflation in Egypt jumped to a fresh three-year peak in April as food prices surged, adding to pressure on the country's central bank to raise interest rates for a third consecutive time.     
   
  Nobel winners to study food crisis at Jordan meeting
Amman
  More than three dozen Nobel Prize winners will meet behind closed doors next month in the ancient Jordanian city of Petra to discuss solutions to the world's problems, including the present food crisis.     
   

 
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