Sharp divide over Morsi's presidential decree turns into violence
begin quote:
Egyptian Bourse drastically decreased on Sunday,
losing almost 4.8 billion U.S. dollars, as investors further lose
confidence in the country's stability.
At the closing of trading, the EGX 30 benchmark index plunged by 10 percent to close at 4,917.73 points.
end partial quote from:
Sharp divide over Morsi's presidential decree turns into violence
As businesses and investors flee Egypt because Morsi's stance reminds them of Iran and North Korea, it is possible that a bloody revolution may occur there unless Morsi changes his stance. So, it is likely that the economy there will continue into freefall until there is a government the world nations and businessmen and businesswomen feel they can trust.
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