The Egyptian Revolution
The Egyptian crises started last week when thousands of people came out on the streets of Egypt demonstrating against their President, Hosni Mubarak. The people in the capital city of Cairo staged angry demonstrations and took out large processions demanding freedom from the dictatorship of President Hosni Mubarak. They were protesting against him and demanding his removal from the government.
The Egyptian people got motivation for this revolt from their neighboring country Tunisia, which overthrew its unpopular government just last week. The Egyptian people were angry and unhappy about Hosni Mubarak’s regime. The Egyptian police tried to crush the revolt by shooting at the protestors. But the people of Egypt have made up their mind. They are tired of Hosni Mubarak’s iron fisted and corrupt rule of 32 years. They want a change. Now the people of Egypt look forward to have a new government that can solve their political and economic problems.
Due to the Egyptian crisis, the US economy was affected as well. The prices of oil shot up and hovered around $100 per barrel. The New York Stock Exchange also dropped significantly. As the political unrest in Egypt is impacting all of us, we hope that this situation is resolved soon and this crisis ends with a popular regime coming to power and making the Egyptian people happy.