Egypt has finished revising an economic reform plan needed for a $4.8 billion IMF loan, the prime minister said on Wednesday, but he did not say when the government might return to negotiations with the fund.
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By putting himself above the law, Egyptian President Mohamed Morsi is putting America's sympathy - and dollars - on the line. A $4.8 billion IMF loan that could have eased the country's balance-of-payments crisis and calmed foreign investors is on hold
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With the surprising easy removal of Egypt's top brass, Egypt's Islamist President Mohammed Morsi tapped into discontent among the military's younger officers who apparently grew frustrated with the aging generals.
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Mursi’s sidelining of Egypt’s military leaders could herald the start of a new era but the days ahead may still be full of surprises — nationally, regionally and internationally
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Wasfy Amin’s jewelry shops in the heart of Islamic Cairo ran into trouble when a street revolt scared away tourists last year. Part of his business is growing again, but not a part that inspires optimism in Egypt’s flailing economy.
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