Sunday, 11 September 2011

Egypt stocks drop after Israeli Embassy attack (AP)

Egyptian Army soldiers stand guard outside the Israeli embassy in Cairo, Egypt, Saturday, Sept. 10, 2011. The storming of the Israeli embassy by a mob of Egyptian protesters inflicted a 'severe injury to the fabric of peace' between the two countries, Israel's Prime Minister Benjamin Netanyahu warned on Saturday. The ambassador and the entire embassy staff except for one deputy ambassador were evacuated from Egypt along with their families in the face of the overnight rampage at the Nile-side embassy in Cairo, when hundreds of protesters tore down a concrete security wall outside the building, set fires in the street and dozens broke into an office of the embassy tossing documents off the balcony to the crowd below.(AP Photo/Ahmed Ali)AP - Egypt's benchmark stock index fell slightly on Sunday, weighed down by investor unease after the storming of Israel's embassy and protests in Cairo over the weekend. Inflation, meanwhile, eased in August to 8.5 percent on a slower increase in food prices.



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