Ron Burgundy Posted December 26, 2012 Share Posted December 26, 2012 CAIRO (Reuters) - President Mohamed Mursi admitted on Wednesday that Egypt's economy faces serious problems after he enacted a new, bitterly contested constitution that is supposed to help end political unrest and allow him to focus on the financial crisis. The president said the economy also had great opportunities to grow, but earlier the Egyptian pound tumbled to its weakest level in almost eight years as ever more people rushed to buy dollars and withdraw their savings from banks. ... View the full article Quote Link to comment Share on other sites More sharing options...
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