Egypt unrest threatens its $260B economy

The Egyptian economy grew by 7% annually in the three years leading up to the global financial crisis of late 2008. Even during the depths of the global crisis, the country's GDP growth was a healthy 5%. Since the first quarter of 2011, when the successful movement to oust former president Hosni Mubarak began, GDP growth has slowed to around 2.5%, according to a report from the World Bank published in May 2012. Read more...