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Message Subject "Pillar of Defense (Cloud)" - Israel & Hamas Agree to Gaza Cease Fire
Poster Handle Adventus Domini
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zerohedge‏@zerohedge

Egypt stocks down another 4%, with yesterday biggest drop since Arab Spring
 Quoting: Luisport


Why do I get the feeling that Egypt is going to fall apart and take the cease fire with it?

damned
 Quoting: Éireann


[link to www.telegraph.co.uk]

Egypt's president Mohammed Morsi has insisted he would not be another dictator as he tried to calm violent opposition to a decree that grants him absolute powers.



He also unilaterally cancelled legal challenges to the committee drawing up a new constitution as well as to the upper house of parliament, both of which are dominated by his Muslim Brotherhood backers.

With no lower house of parliament until the new constitution is formed, this decree gave him stronger powers than those of his overthrown predecessor, Hosni Mubarak.



Opponents fear that there will be clashes on Tuesday when the Muslim Brotherhood organises a counter-rally to support the president against the Tahrir Square protesters. Some even fear the military, which have taken a back seat since Mr Morsi became president in June, may use the confrontation as a excuse to step back in.
 
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