Egypt's economy nears collapse as protesters fill streets

With tens of thousands of anti-government protesters demanding the resignation of President Mohammed Morsi, Egypt's economy is on the verge of disintegrating. The Egyptian pound is falling rapidly, and the cost of bread, natural gas and gasoline are rising, despite government subsidies. Fewer than 10 million tourists visited Egypt last year, compared with 14.7 million in 2010.

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Der Spiegel (Germany) (English online version) · USA Today · Al Arabiya (United Arab Emirates)

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