The Egyptian pound was devalued by 1.2 percent last week as the country's importers still face difficulties making their payments in U.S. currency. Most major grain importers are doing so through banks outside of Egypt, but their smaller counterparts are dependent upon the domestic banking system.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt’s central bank devalued the Egyptian pound by just over 1.2 percent last week, putting the official exchange rate at 7.93 to the USD. Secondary market prices for the U.S. dollar are about 0.40 higher. Egyptian importers are still facing a very difficult situation regarding their ability to make payments in U.S. currency. This type of transaction previously took days to co...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
