The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money. Gamal, 28, stayed behind, working two jobs, sharing an apartment with other young people…
As the value of the U.S. dollar soars, other currencies around the world are sinking by comparison. This is contributing to skyrocketing prices for everyday goods and services and compounding financial distress, especially in poorer countries.