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Gas demand to grow in ’17 but more slowly: Qatar

  AFP Demand for natural gas will grow in 2017 but at a slower rate than in recent years, Qatar’s energy minister said on Thursday ahead of a meeting of exporting countries. Mohammed Saleh al-Sada said ministers of the Gas Exporting Countries Forum (GECF) would discuss “long-term strategy” at Thursday’s meeting in Doha. “The big news, of course, is that ...

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Egyptians face medicine shortages as pound plunges

  AFP Fatima was already struggling to find cancer drugs for her father when a devaluation of the Egyptian pound this month caused the imported medicine to disappear altogether. “Before, I could still find it if I searched in several pharmacies. Today I can’t,” said the 34-year old teacher, who asked not to be named in full. A dollar crunch ...

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India’s currency crunch bites business

  Bloomberg Major wholesalers at Delhi’s largest fruit and vegetable market, which serves most of the capital’s nearly 17 million people, are planning to sell their products at bargain prices in order to move perishable stock as the impact of India’s cash shortages continues to bite. Sales are down by as much as 50 percent at Azadpur Mandi, traders said, ...

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