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Egypt’s new protests ahead of Nov. 28 elections may squelch an economy already struggling to recover as tourists and foreign investors stay away following the February overthrow of President Hosni Mubarak. The vote is the first step in a drawn- out handover that may fuel more economic troubles as tensions rise between activists and the ruling military council.
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“For an economy with as pressing considerations as Egypt, with high financing requirements, these day-to-day protests and strikes have a huge impact on risk perceptions,” he said. “The parliamentary elections are important but they’re certainly not the end of the uncertainty.”
Re: Egypt - Human Rights Violations Ruining Economy - "huge impact on risk perceptions" - Bloomberg
machine translation -
Stock continues to fall in the middle of heavy trading and stock index of small and medium approaching the 5% down
Last Updated on Monday, November 21, 2011 - 13:00 a GMT
And the four stock indexes continued to fall in the middle of heavy trading, as a result of the continued violence in Tahrir Square, which so far claimed the lives of 1820 injured and 20 deaths so far