Monday, February 14, 2011
Current Events Watch-Egypt’s Economic Ties to the U.S
"Egypt's turmoil is costing the country about $310 million a day, according to an analysis from Credit Agricole bank. The impact on commerce included a 1.6 percent drop in revenue in January from December for the Suez Canal, a vital source of income."
According to this article, what is necessary for there to be economic stability in the region? How will this ultimately affect the American businesses who rely on trade with Egypt?