CAIRO: Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But for many a money-saving tip from a state body has been the last straw.

HONG KONG: Most markets bounced from early losses and the yen hit a seven-month high Tuesday to start the year on a positive note, but ongoing worries about interest rates, China’s growth and the Ukraine war continue to dampen the mood.

PARIS: The French government said Tuesday it could be flexible on its plan to raise the retirement age to 65, part of a hugely controversial pension reform project pushed by President Emmanuel Macron.

ISTANBUL: Turkey’s annual inflation pulled back further in December from a two-decade high, official data showed Tuesday, helping President Recep Tayyip Erdogan’s chances in elections due by June.

Moscow: Russian gas exports to countries outside a group of former Soviet republics plunged by 45.5 percent in 2022, figures from the Russian gas giant Gazprom showed on Monday.

LONDON: The world’s airlines are taking a cautious approach to China’s reopening, reluctant to immediately change up schedules and divert planes from other routes despite the internal pent-up demand for international travel.

LAS VEGAS: The latest leaps in artificial intelligence in everything from cars, robots to appliances will be on full display at the annual Consumer Electronics Show (CES) opening Thursday in Las Vegas.

KUWAIT:  Six local banks have joined the GCC Cross-border Payment System (AFAQ) in the State of Kuwait, the Central Bank of Kuwait (CBK) announced on Monday.

By Majd Othman

KUWAIT: Economic researcher Mohammad Ramadan spoke to Kuwait Times about the economic expectations for Kuwait for 2023, saying that due to the political instability in the country and the economic situation that is not a priority for the government, representatives or citizens themselves, therefore, it is hard to predict the economic situation for the country in 2023.