Chicken feet in the Egyptian diet, tortilla and the financial crisis in Pakistan

Egypt faces a record currency crisis and the worst inflation in five years. More than half of the country’s 106 million inhabitants are economically disadvantaged. Many Egyptians can no longer afford chicken, a staple of the local diet. Officially, poultry prices rose to $2.36 per kg in mid-January this year, and the government has asked residents to eat chicken feet and cattle hooves as an alternative to protein-rich foods. In Egypt, chicken feet are considered the cheapest meat product and animal waste.

Mexico will have a 50% duty on white maize exports until 30 June this year. This is a way of stopping the rise in the price of tortillas, one of the country’s staple foods. White maize is a crucial source of calories for Mexican consumers, accounting for 89% of the country’s cereal production. Mexicans average consume more than 330 kg of it per person each year. Mexico is struggling to contain rising food prices, which led to an inflation rate of 8.7% in the third quarter of last year, the highest in more than two decades.

Pakistan is on the brink of bankruptcy due to, among other reasons, profound political instability, catastrophic floods and economic turmoil caused by the war in Ukraine. Inflation is the highest on record, and the Pakistani rupee has lost over 20% of its value over the past year. The country cannot service a debt of $274bn (almost 79% of Pakistan’s GDP in September 2022). The government has been forced to put its embassy building in the US up for sale, and the textile industry, which accounts for about 60% of exports, is close to collapse.

Read also
The ways of Norway, Australia and Egypt help those in need in times of crisis
Despite soaring inflation, Norway plans to increase spending on its $1.4 trillion sovereign wealth fund to protect social services. Therefore, the Norwegian government, led by the Labor Party, will increase the so-called non-oil structural fiscal deficit to $36 billion. Increased disbursements from the fund will mainly be used to increase spending on social security and […]
Forgotten African Conflicts: Ambazonia and Somaliland
Since February this year, the crisis in Somaliland has already displaced more than 200,000 people. In Laas Caanood, there is fighting between Somaliland forces and the local militia of the Dhulbahante clan. The disputed town is located between Somaliland and Puntland, a nearby semi-autonomous region in northeastern Somalia. Somaliland is a self-governing democracy unrecognized by […]
Women and failures are the best ways to conquer space
Human expeditions to Mars and other planets will be extremely resource-intensive, and the food and other materials required to support the crew for many years will become a decisive factor in the mission’s success. Therefore, according to a study by the European Space Agency, future crews may only consist of women because they are more […]
Internet “time bank” and IMF activities in Suriname
TimeRepublik is a bartering website described as “the internet age time bank”. Instead of money, you pay with time credits for the work done. The credits can then be used to get the service from another person without financial payments. The idea of this “time bank” was born in Switzerland in 2012, and in recent […]
A “tattoo” for your heart made from graphene and “cyborg cells” in medicine
Researchers at Northwestern University have developed a graphene “tattoo” that can treat an abnormally low heart rate. It was proved by experiments on rats when such an electronic “tattoo” was glued to their central organ of the circulatory system. The device acts as a pacemaker, delivering electrical signals that keep the heart working properly. Combining […]
Previous issues
By clicking "Subscribe", I consent to the sending of the Outriders newsletter by Outriders Sp. not-for-profit Sp. z o.o. and I accept the terms .
Sign up