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A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 27, 2022. Stocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market. (AP Photo/Ahn Young-joon)

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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 27, 2022. Stocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market. (AP Photo/Ahn Young-joon)

AP
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People walk past a currency exchange bureau in London, Monday, Sept. 26, 2022. The pound today slumped to its lowest level against the dollar since 1971, after the Chancellor hinted more tax cuts would follow those he announced last week. The pound dipped as low as $1.0349 per U.S. dollar early Monday but then rebounded to $1.0671, down 2.3%. (AP Photo/David Cliff)

AP
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FILE- Pedestrians pass a currency exchange sign outside a shop in London, Sept. 23, 2022. The British pound has resumed a slide against the U.S. dollar that picked up pace last week after the U.K.’s new government outlined plans to cut taxes and boost spending. (AP Photo/Kirsty Wigglesworth, File)

AP
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For decades, millions of Egyptians have depended on the government to keep basic goods affordable. But a series of shocks to the global economy and Russia's invasion of Ukraine have endangered the social contract in the Middle East's most populous country, which is also the world's biggest importer of wheat. It is now grappling with double-digit inflation and a steep devaluation of its currency, prompting oil-rich Gulf Arab countries to once again step in with financial support as talks with the International Monetary Fund drag on. The possibility of food insecurity has raised concerns.

AP
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Syria's health minister says at least 77 people died when a boat with migrants from Lebanon sank off Syria's coast this week. The minster was quoted by state TV on Friday as saying that he fears the death toll from the disaster in Syrian waters was not final. The vessel left Lebanon on Tuesday and news of what happened first started to emerge on Thursday afternoon. Thousands of Lebanese, Syrians and Palestinians have left Lebanon on boats over the past months seeking better opportunities in Europe. Lebanon has a population of 6 million, including 1 million Syrian refugees, and has been in the grips of a severe economic meltdown that's pushed more than three-quarters of the population into poverty.

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Sudan’s ruling military general says he will not run in future elections for a civilian-led government, but he offered no timeline on a vote that would clear the way for him to relinquish power. Gen. Abdel-Fattah Burhan spoke with The Associated Press on the sidelines of the U.N. General Assembly on Thursday. It was nearly one year after he mounted a coup that upended the Arabic-speaking African nation’s short-lived transition to democracy. Burhan said that once an elected government is in place, the armed forces would be another institution of that government rather than retain a higher status.

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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Sept. 23, 2022. Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. (AP Photo/Ahn Young-joon)

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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Sept. 23, 2022. Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. (AP Photo/Ahn Young-joon)

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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Sept. 23, 2022. Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. (AP Photo/Ahn Young-joon)