Wednesday, February 16, 2011

Cairo saw the Dow Jones

That reversal of a revolution can generate it! Faced with the Egyptian revolution, the first reactions from the U.S. financial switched between prosaic concerns - the risk of blockage of oil transit through the Suez Canal and the Sumed pipeline which adjoins - and apocalyptic fears: see Egypt switch in Islam.

But following the daily editorial pages of The Wall Street Journal (WSJ), which are led by a special committee very political and disconnected from the rest of the writing, offers a striking velocity at which the financial community that it represents has adapted to the "new reality". Cypel @ bbc.

en Sylvain Cypel Article published in the edition of 16.02.11

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