Poverty and inflation: Egypt's economy hit by global turmoil

Egypt, a country of more than 103 million people, is running low on foreign currency needed to buy essentials like grain and fuel. [Istockphoto]

Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare parts for appliances. There's a waiting list to buy a new car.

Egypt, a country of more than 103 million people, is running low on foreign currency needed to buy essentials like grain and fuel. To keep U.S. dollars in the country, the government has tightened imports, meaning fewer new cars and summer dresses.