Egypt cancels parliamentary vote dates after court ruling

CAIRO (Reuters) - Egypt's election committee has scrapped a timetable under which voting for the lower house of parliament should have begun next month, state media reported on Thursday, following a court ruling that threw the entire polling process into confusion.

Egypt now lies in limbo, with no election dates at a time when uncertainty is taking a heavy toll on the economy - the Egyptian pound is falling, foreign currency reserves are sliding and the budget deficit is soaring to an unmanageable level.