Sunday, April 6, 2008

Egyptian Workers Riot Over Rising Prices - washingtonpost.com

Sunday 4/6/08:


"MAHALLA EL-KOBRA, Egypt -- Thousands of demonstrators angry about rising prices and stagnant salaries torched buildings, looted shops and hurled bricks at police who responded with tear gas Sunday in a northern industrial town as Egyptians staged a nationwide strike."

[Read More : Washingtonpost.com]


Yesterday's Wsahington Post:


"One of the causes of the crisis is beyond the government's control. Wheat prices worldwide have more than doubled in the past year, spurred by increased demand, rising fuel costs and bad weather. Globally, food prices climbed by nearly one-fourth between 2006 and 2007, according to the U.N. Food and Agriculture Organization. Egypt is the world's second-largest importer of wheat."

[Read More:In Egypt, Upper Crust Gets the Bread - washingtonpost.com]