Director / Editor: Victor Teboul, Ph.D.
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Egypt's Sugar Shortage a Window on Economic Policy Confusion

Cairo grocer Bakr Atef has stopped selling sugar since authorities seized his stocks last month, accusing him of hoarding as a growing economic crisis angers Egyptians and raises fears of street protests. "They are coming and taking any quantity they find. Even if you are selling just 10 kilos, they'll take it ... if they do this again and I lose my goods, it will shut my shop," said Atef, who insists he has done nothing wrong. Egyptians love sugar, heaping large...

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