High-powered Egypt Economic Team Heartens Investors

Egypt’s new military-backed administration has pleased investors by appointing experienced economic policy makers to a cabinet whose cohesion will be sorely tested in the coming months.
Over the past few days, trained economists and technocrats have been given key ministerial posts in the government that is replacing the administration of president Mohamed Morsi, deposed nearly two weeks ago in a move that polarized Egyptian society.
Taken together, they appear to form the …

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