We fell short of our Fall Fundraiser goal of 2,500 donations. Help us catch up ⏩ Give Now
BBC World Service

Cairo stock market hits three month high amid protests

Claire Read Jul 2, 2013
HTML EMBED:
COPY
BBC World Service

Cairo stock market hits three month high amid protests

Claire Read Jul 2, 2013
HTML EMBED:
COPY

The stock market in Cairo hit a three-month high today amid growing protests. Egypt’s president now faces an ultimatum from the military: resolve the crisis in the next 48 hours or we’ll step in. Some investors take the view that a military intervention might restore order to the streets and stabilize the economy. But supporters of Egypt’s elected government disagree.

The BBC’s Claire Read joins Marketplace Morning Report host David Brancaccio from Cairo with the details.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.