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Middle East
4:23 am
Tue August 20, 2013

Symbolic Developments Indicate Direction Egypt Is Headed

Egypt's military-backed rulers are pressing on in their crackdown against the Muslim Brotherhood. Authorities have arrested the group's spiritual leader. Since the security forces crackdown on Islamist protesters last week, nearly 1,000 people have been killed.

Business
4:13 am
Tue August 20, 2013

Money Flows Into Egypt, But Where Does It Come From?

Originally published on Tue August 20, 2013 5:46 am

The aid propping up both sides of Egypt's ongoing political crisis largely comes from regional rivals. Saudi Arabia leads the financial support of Egypt's military rulers. Qatar leads the support of the Muslim Brotherhood. Renee Montagne talks to Max Rodenbeck, Middle East correspondent for The Economist, about funding sources

Business
4:13 am
Tue August 20, 2013

JPMorgan Chase faces Growing Legal Problems

Originally published on Tue August 20, 2013 5:25 am

On Monday, The Wall Street Journal reported the Justice Department is investigating the bank over improper energy trading. That follows the news that the anti-bribery unit of the Security and Exchange Commission is looking into whether JPMorgan hired the children of Chinese officials to help win business.

Business
4:13 am
Tue August 20, 2013

British Firm Tries Out Virtual Receptionist

Originally published on Tue August 20, 2013 6:20 am

Shanice is about to start her job as the receptionist at a new local government office in London. She also happens to be a hologram. Officials say that at a cost of $19,000, she's much cheaper than a living and salaried alternative.

Business
4:13 am
Tue August 20, 2013

Rocky Road Predicted For Egypt's Stock Exchange

Originally published on Tue August 20, 2013 6:15 am

The Egyptian Exchange was shut down at the end of last week as protests and violence raged in Cairo and elsewhere. It re-opened on Sunday, but trading hours were shortened to give employees more time to get home before curfew. Many foreign investors reportedly pulled out of the exchange earlier this year.

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