Egypt has a new president-elect. It's Mohamed Morsi, whose political party, the Muslim Brotherhood, was banned while former President Hosni Mubarak was in office.
Mohamed Morsi will be the next president of Egypt. One of his other major challenges is to remake the economy. Egypt suffers from high unemployment and income inequality, among other maladies.
In Egypt, tens of thousands of protestors have returned to Tahrir Square in Cairo. They're responding to
the country's recent presidential election between a member of the Muslim Brotherhood and a candidate tied to former President Hosni Mubarak.
After forcing President Hosni Mubarak from office in the Arab Spring uprising last year, Egyptians are lining up today to vote for their next President. Local businesses hope the election will boost tourism to Eygpt.
After turning down a similar package in June, Egypt goes back to the International Monetary Fund for help as its economy weaken and interest rates increase.