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European stocks slip

London (AFP) – European stock markets weakened Friday as poor Chinese trade data sparked fresh concern about slowing economic growth in the Asian powerhouse nation. London’s FTSE 100 index of top companies dipped 0.08 per cent to 5,846.37 points in morning deals, Frankfurt’s DAX 30 dropped 0.37 per cent to 6,939.68 and the Paris CAC …

Daily News Egypt

Public debt overshadows economic future

It is no secret that the job president-elect Mohamed Morsi has undertaken, reforming Egypt’s long stagnant economy into a working one, will be fraught with hardship.

Hurdles are ever-present, such as a tense relationship with the all-but-ruling military council and countless social problems.

Ahmed Khalifa

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