Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

Markets spike on Egypt’s sharp turn

Kimberly Adams Jul 4, 2013
HTML EMBED:
COPY

Markets spike on Egypt’s sharp turn

Kimberly Adams Jul 4, 2013
HTML EMBED:
COPY

Egypt’s military chief announced Wednesday that President Mohammed Morsi had been deposed, after days of mass demonstrations against him. On Thursday, Supreme Constitutional Court Chief Justice Mansour Adly was sworn in as Egypt’s interim president.

So where does the Egyptian economy stand? Reporter Kimberly Adams joins Marketplace Morning Report host David Brancaccio from Cairo with the latest.

The AP contributed to this report.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.