Egypt to Declare Bankruptcy in 3 Months! Stocks Tank 9.5% Sunday Amid Deepening Political Crisis. Military Intervention Possible
InvestmentWatch |
GOOGLE TRANSLATE
Member of the Board of the Stock Exchange: the market is experiencing its worst period in its history
…
Predicted «reconcile» Egypt announces bankruptcy within 3 months in the case of the continuation of the current situation, without taking serious measures to save the current position.
http://www.almasryalyoum.com/node/1266716
Egyptian shares drop 9 percent amid deepening political crisis
The bourse suspended trading for half an hour after intense selling by investors, a source at the exchange told AFP.
The drop comes as Egyptians have been deeply split by Morsi’s move to place his decisions beyond judicial scrutiny with rival rallies sparking violence in several major cities.
Sunday’s losses on the Egyptian Exchange’s EGX30 index are among the biggest since the turbulent days and weeks after the ouster of authoritarian leader Husni Mubarak last year, AP said.
http://english.alarabiya.net/articles/2012/11/25/251743.html
Futures Trader Tweets:
“Egypt expected to declare bankruptcy in three months, who will bail them out? Iran? Hamas?”
Senators threaten to end aid to Egypt
Power grab stirs protest in Cairo
Sen. John McCain, Arizona Republican, said that while the U.S. is thankful for Mr. Morsi’s help facilitating a cease-fire between Israel and the Gaza Strip’s Hamas rulers, he criticized Mr. Morsi’s decision to give himself near-absolute power, which has prompted days of violent street protests in Egypt.
“To assume this kind of power is unacceptable to the United States of America,” Mr. McCain said on “Fox News Sunday.”
The senator warned that Egypt risks a “repeat of the Iranian experience in the 1970s,” referring to the 1979 Iranian revolution in which street demonstrations overthrew the regime of Shah Mohammed Reza Pahlavi, a pro-American dictator, only to put into power a repressive Islamist theocracy.
Read more: Senators threaten to end aid to Egypt – Washington Times
White House silent as Egypt’s president grabs power, moves toward Shariah Islamic law
https://twitter.com/MindRescue
People still want to overthrow the system: 23-24 November
Fair Use Notice: This post contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are makingsuch material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any suchcopyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest inreceiving the included information for research and educational purposes. For more information go to: www.law.cornell.edu/uscode/17/107.shtml.If you wish to use copyrighted material from this site for purposes of your own that gobeyond ‘fair use’, you must obtain permission from the copyright owner
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).