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Stock impact report

Egypt's crisis playbook is improving. The risks are the same. [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Unfortunately, that may not be enough. The conflict, by my count, is the fourth man-made shock to hit the economy since the Arab Spring 15 years ago. Those crises required two large IMF deals supported by tens of billions of dollars in Gulf aid and investments, reflecting a long-standing view among Gulf capitals that stability in the most populous Arab country is key to preventing wider turmoil. In 2023, the UAE alone pledged more than $30 billion as part of an IMF-backed global bailout. A month into the Iran war, Egypt finds itself one of the economies most exposed to the war outside the Gulf. A net energy importer, it has been hit by higher prices and a suspension of Israeli gas supplies, adding to pressure from hot money outflows. The pound was among the world's worst performers against the dollar in March. A chart of Egypt's reserves, including gold, in billions of dollars. Still, allowing the currency to act as the first shock absorber marked a departure from the usual sc Show less Read more
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