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Egypt Stocks Plunge After Mursi Power Grab


Ron Burgundy
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Protesters run from riot police during clashes at Tahrir square in CairoCAIRO (Reuters) - Egypt's stock market plunged on Sunday in its first day open since Islamist President Mohamed Mursi seizure of new powers set off street violence and a political crisis, unraveling efforts to restore stability after last year's revolution. More than 500 people have been injured in protests since Friday, when Egyptians awoke to news that Mursi had issued a decree widening his powers and shielding them from judicial review. Mursi's Muslim Brotherhood supporters were expected to turn out again on the streets in a show of support after prayers on Sunday afternoon. ...




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