EGYPT

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Jobs, inflation and Egypt

Fundamentals and nasty surprises are on investors minds heading into February, with big tests in the coming week about jobs and inflation and increasing worries over Egypt and its region.
U.S. Secretary of State Hillary Clinton

Clinton changes tone, supports Egyptians' right to chart their own future

The tone of US Secretary of State Hillary Clinton has changed visibly on Sunday in her interview on the five morning TV news shows before leaving for Haiti. Stressing elections as a way out of the current impasse in Egypt, she said democracy is in the best interest of everyone, including the current government.
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Focus on Egypt, earnings, jobs

U.S. stocks may struggle to return to firmer footing this week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge.

China blocks Egypt searches on micro-blogs

China blocked the word Egypt from micro-blog searches in a sign that the Chinese government is concerned that protests calling for political reform in the country could spill into China's internet space.

Mubarak flees to Sharm as riots engulf Cairo

Egyptian President Hosni Mubarak may have fled to his home in Sharm el-Sheikh on Saturday as flames and riots engulfed the capital city of Cairo, according to various world media reports.

Egyptian protesters ransack Cairo museum, smash mummies

The mass anti-government protests in Egypt took a toll on Cairo’s Egyptian Museum that houses the world's largest collection of Pharaoh-era antiquities, when protesters shattered heads of two mummies and damaged about ten small artifacts on Saturday.

Death toll in Egypt grows amid violent clashes

The death toll in Egypt rose by as much as over 100 by Saturday, as anti-government protests extended for the fifth day in an attempt to pressure President Hosni Mubarak to step down.
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Is Mubarak hiding in Sharm-el-Sheikh?

Egyptian laborers who toil in the popular resort of Sharm-el-Sheikh believe that their president Hosni Mubarak is hiding there after having escaped angry rioters in the capital Cairo.

White House Huddles on Egypt

President Barack Obama and an 11-person team met in the White House on Saturday to discuss the situation in Egypt as he called again for non-violence, restraint, support for rights and political reform in the country.

Civil unrest spreads to Jordan

Islamists and trade unions have protested in front of the Egyptian embassy in Amman, Jordan, expressing solidarity with anti-government demonstrators in Egypt and demanding the removal of President Hosni Mubarak.
Central Bank of Egypt

Egypt banks will not open on Sunday-central bank

Egypt's banks will be shut on Sunday, the first day of the business week, the deputy central bank governor said, a move analysts said could spook investors looking to trade after unprecedented countrywide protests.

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