Crisis in Egypt-By Hope Wilkos, Blogger
As tensions mount in Egypt, protestors are calling for the resignation of Husni Mubarak, the iron fisted leader who has presided over the country for 30 years. Although there is a strict curfew in Cairo, advocates for democracy took to the streets speaking to thousands of protestors. All protests are now centered in Tahrir Square in Cairo and on Sunday evening there was a huge presence of overtly pious Muslims which suggested a significant Brotherhood representation. Many were seen concentrating on sunset prayer. The police have disappeared after days of violent shooting and firing water cannons and now the military have stepped in to try and restore some sort of peace and order. Close to 100 lives have been lost.
The Western Government is urging citizens and tourists to try and leave Egypt if they have the opportunity to do so.
President Obama has made our position very clear by stating opposition to violence, a call for restraint, support for universal rights, democracy and most importantly an orderly transition to a government responsive to the aspirations of the Egyptian people.
Unfortunately, International markets are reacting to fears of instability across the Middle East. This in turn is pushing up oil prices and ‘safe’ assets such as the dollar and the yen.
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