The Egyptian pound, the world's 18th largest economy, depreciated by 60 percent as the central bank raised its key rate by 600 basis points, or 27.25 percent. The IMF wants to provide the country with an emergency loan of 8 billion dollars. Why are such problems in Egypt dangerous for the world and the region? What are the initial findings and projections?

The cost of transporting cargo through Egypt's Suez Canal has increased ninefold to $6,800 per container. Before the crisis, it was $750.