Tuesday 3 September 2013

The Wrap: Cairo Bomb Shows Stability Elusive, Libya Oil Production Down 30% | REBEL ECONOMY

The Wrap: Cairo Bomb Shows Stability Elusive, Libya Oil Production Down 30% | REBEL ECONOMY:


  • EGYPT 

Egypt’s Brotherhood under legal threat as bomb hits central Cairo - Reuters
Nothing has damaged Egypt’s economy more than the threat to security and stability. The perception of risk is enough to derail an entire economy and it will continue to keep investors away. The killings of hundreds of innocent civilians in a bloody crackdown a few weeks ago only compounded this perception and made it reality.
The fear that a jihadist and extremist element may have been borne out of the military coup is materialising. An attack on a police station in central Cairo and plans for new mass protests by the Brotherhood on Tuesday shows how elusive stability is.
Though a state of emergency and a curfew has to some extent successfully shrunk the number and intensity of protests, the interim government has yet to show that it is in control (and not the army)."

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