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UNREST HITS ECONOMY dunk heels

 
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PostWysłany: Sob 13:24, 12 Lut 2011    Temat postu: UNREST HITS ECONOMY dunk heels

UNREST HITS ECONOMY,[link widoczny dla zalogowanych]
Egypt endured another day of halt to normal life as the protest entered the second week. Trains stopped running Monday. The internet remained shutdown on its fifth day. Banks,[link widoczny dla zalogowanych], stock markets and most businesses were closed.Storage racks for bread,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], milk,[link widoczny dla zalogowanych], edible oil and local fruits were almost empty in Cairo's supermarkets as people tried to replenish their stores for fear that the chaos could continue and prices could rise.
Tourism,[link widoczny dla zalogowanych], a crucial source of Egypt's revenue,[link widoczny dla zalogowanych], was hit hard by the protest. Many tour agencies have suspended services and the EgyptAir has cancelled flights during the government-imposed curfew which has been extended from 3 p.m. (1300 GMT) to 8 a.m. ( 0600 GMT).Some foreign firms suspended their activities due to paralyzed internet and lack of workers in the unrest.
"I have closed the factory. I don't know when the social order can be back to normal,[link widoczny dla zalogowanych]," said Zhou Jianguo,[link widoczny dla zalogowanych], a Chinese owner of a motorbike manufacturing factory in Cairo's Nasr City. "It is so shocking that a peaceful country can suddenly fall to chaos. I'm really worried about the investment environment of Egypt."
Responding to fears of economic difficulties,[link widoczny dla zalogowanych], newly-appointed Prime Minister Ahmed Shafiq said Tuesday the new government is committed to meeting all people's demands despite existing conflict of interests.Banks will be open once security and stability are restored in the country,[link widoczny dla zalogowanych], he said,[link widoczny dla zalogowanych], adding that measures have been taken to protect banks against looting.
OPPOSITION PARTIES SEEK MORE
Despite the appointment of Egypt's first-ever vice president in 30 years and the government's offer for talks with all political forces,[link widoczny dla zalogowanych], opposition parties said there would be no dialogue unless Mubarak resigns.ElBaradei said Tuesday he hoped Mubarak could leave by Friday.
"I hope President Mubarak goes before this and leaves the country after 30 years of rule... I don't think he wants to see more blood,[link widoczny dla zalogowanych]," ElBaradei said.He joined forces with the largest opposition group Muslim Brotherhood and other major political parties.
"We have already formed a coalition made up of 10 people including Mohamed ElBaradei for dialogue with the regime but only after Mubarak steps down,[link widoczny dla zalogowanych]," said Mohamed El Beltagy,[link widoczny dla zalogowanych], a senior member of the Brotherhood.Opposition members also called for constitutional amendments and dissolution of parliament as election results are described as "incorrect."
Experts said people would not retreat after the new cabinet was established."People are asking for ousting the whole regime and forming united coalition for peaceful transition,[link widoczny dla zalogowanych]," said Dr. Raffatt Sayd,[link widoczny dla zalogowanych], head of Tagammu Party.


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