Egypt Shipping Report Q4 2013 - New Study Released
Political uncertainty will continue to affect the Egyptian economy in 2013 as the country continues upon its rocky transitional period towards democracy. This hit another hurdle in July as popular street protests, with the help of the army, led to the ouster of democratically elected President Morsi and the installation of an interim government. While the markets have responded favourably initially, we believe that gains were overdone and that there will be a pullback as the ongoing problems in Egypt...
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