EGYPT - The Economy Two Years Later

"Egypt's Economy in Dire Straits Two Years After Fall of Mubarak" PBS Newshour 3/1/2013

Excerpt

SUMMARY:  Two years after the rise of Arab Spring and the fall of Hosni Mubarak, Egypt's financial hardships have not improved under the considerable political unrest.  Protests have crippled the country's tourism industry and construction in Cairo has ceased.  Margaret Warner previews Secretary of State John Kerry's visit to the country.

MARGARET WARNER (Newshour):  More than two years after the fireworks, after Egyptians celebrated the ouster of longtime ruling President Hosni Mubarak, and voiced hopes their revolution would bring a brighter future for them all, Egypt is teetering on the brink of economic collapse.

WALEED SAAD, Cab Driver:  Every day, we say tomorrow's better.  Be patient, tomorrow's better.  Tomorrow not come yet.

MARGARET WARNER:  On the streets of Cairo, some of those who cheered Mubarak's fall, like cab driver Waleed Saad, have grown tired of waiting.

"How Bad is the Egyptian Economy?  Ask a Cab Driver"
By Noreen Nasir, PBS Newshour 3/1/2012