Anti-government protests in Egypt reached a fevered pitch in Cairo on Friday as demonstrators were demanding an end to the thirty year rule of incumbent President Hosni Mubarak, who is now 82 years old. At the core of the protests are frustrations over high rates of unemployment, rampant inflation (Ex. rising food prices) and increasing poverty levels across this Middle East country. These frustrations have been percolating over the past few years but have intensified over preceding weeks.Read more
Market Implications of the Turmoil in Egypt
Published: Jan. 31, 2011