Egypt's Political Crisis Is Creating Economic Trouble
By: Merrit Kennedy
August 21, 2013
The crisis in Egypt is hitting businesses. Shops usually open late into the night are closing early because of the curfew, and some foreign companies stopped operations for much of last week. Economists say Egypt will be able to avoid a total collapse due to a $12 billion aid package from Gulf countries. But the interim government is unlikely to tackle Egypt's bigger economic problems because it is focused on the security situation.
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