Analysis - Egypt in political clinch as economic cliff looms


CAIRO (Reuters) - Two years after a pro-democracy uprising, Egypt resembles a rickety bus rolling towards a cliff, its passengers too busy feuding over blame to wrench the steering wheel to safety.

Foreign exchange reserves are dwindling. Tourism is moribund. Investment is at a standstill. Subsidised diesel fuel and fertiliser are in short supply, while the cost of subsidies is swelling the budget deficit unsustainably.

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