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Egypt’s economy stretches to breaking point

Egyptian Economy

The housewives and breadwinners stepping out of a Cairo supermarket with bags of groceries agreed on one thing. “The prices are very high,” said Sabah Fehmi, 58. “The economy has been very bad after the revolution.”

 

Former Egyptian president Mubarak addresses nation, denies corruption

Former Egyptian president Hosni Mubarak addressed the nation Sunday for the first time since a popular revolution forced him from office two months ago, saying that he was pained by accusations of corruption against him and his family.

 

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