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Global stocks stumble on threat of civil war in Egypt and higher oil prices

Posted on 02 July 2013 with no comments from readers

Global stocks fell on Tuesday as the wider implications of the power struggle in Egypt worried investors. Rising world oil prices would further accelerate the global economic slowdown. Ironically Egyptian shares rallied strongly as local investors showed their support for the army’s intervention to end political chaos.

ABC News Middle East correspondent Alex Marquardt updates the latest from Tahrir Square in Cairo, Egypt as protests continue while the military’s 48-hour ultimatum for a resolution winds down on Bloomberg Television’s ‘Bloomberg Surveillance’…

Posted on 02 July 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Hedge Funds, Oil & Gas, US Stocks, Video Channel

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