CAIRO (AP) — Egypt's prime minister says the street violence and political unrest that has engulfed the country for more than a week is threatening the nation's already ailing economy.
In a brief statement on TV Saturday, Hisham Kandil also condemned recent attacks by protesters on state property and said no government can effectively govern in the current climate.
His comments come a day after protesters hurled firebombs and flares at the presidential palace in Cairo.
Egypt's foreign currency reserves have been cut by more than half since the 2011 uprising that ousted longtime autocrat Hosni Mubarak. Foreign reserves currently are estimate at around $15 billion.
The Egyptian pound has also lost around four percent of its value due to the recent turmoil.
Suspect in Custody After Shooting at Colorado Springs Planned Parenthood UPDATE: Three People Have Died, Shooter Identified | Christine Rousselle
Active Shooter Near Planned Parenthood Location in Colorado UPDATE: Suspect Has Surrendered to Police | Christine Rousselle
Reports: Active shooter barricaded in Colorado Springs Planned Parenthood, firing at cops; Update: Cops confronting shooter inside the building
- What Is Your U.S. Income Percentile Ranking?
S.C. Woman Outdraws, Outshoots, And Kills CraigsList Robber - Bearing Arms - Guns Saving Lives, South Carolina
Obama’s plan hatched at Columbia University says classmate
'More white Christian terrorism?' Tweeters profile perp in reported Planned Parenthood shooting
John Hawkins - 15 Excerpts That Show How Radical, Weird And Out of Touch College Campuses Have Become
Planned Parenthood Shooter Finally Convinces Leftists that Beliefs Matter | RedState