"Egyptian stocks fell sharply on Monday as the country's political crisis deepened, with violence on the streets blocking efforts to form a new government following the ouster of president Mohamed Mursi.
At least 51 people were killed when, according to Islamist demonstrators enraged by the military's overthrow of Mursi, the army opened fire during morning prayers at the Cairo barracks where he is being held. The military said it was repelling an attack by "a terrorist group".
The markets have become partly inured to such violence, and although Mursi's Muslim Brotherhood leadership called for an uprising against the army, many analysts doubt the body as a whole has the will or the public support for such a campaign."
'via Blog this'
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