Egypt stocks plunge after Mursi power grab
Protesters storm an office of Egyptian President Mohammed Morsi's Muslim Brotherhood Freedom and Justice party and set fires in the Mediterranean port city of Alexandria, Egypt, Friday, Nov. 23, 2012. State TV says Morsi opponents also set fire to his party's offices in the Suez Canal cities of Suez, Port Said and Ismailia. Opponents and supporters of Morsi clashed across Egypt on Friday, the day after the president granted himself sweeping new powers that critics fear can allow him to be a virtual dictator. (AP Photo/Amira Mortada, El Shorouk Newspaper) EGYPT OUT
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A protester cheers as items ransacked from an office of the Muslim Brotherhood's Freedom and Justice Party burn in Alexandria November 23, 2012. Egyptian President Mohamed Mursi's decree that put his decisions above legal challenge until a new parliament was elected caused fury amongst his opponents on Friday who accused him of being the new Hosni Mubarak and hijacking the revolution. Police fired tear gas in a street leading to Cairo's Tahrir Square, heart of the 2011 anti-Mubarak uprising, where thousands demanded Mursi quit and accused him of launching a "coup". There were violent protests in Alexandria, Port Said and Suez. REUTERS/Stringer (EGYPT - Tags: POLITICS CIVIL UNREST TPX IMAGES OF THE DAY)
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Flames burn around a police vehicle after protesters threw a molotov cocktail at it during clashes at Tahrir square in Cairo November 23, 2012. Egyptian President Mohamed Mursi's decree that put his decisions above legal challenge until a new parliament was elected caused fury amongst his opponents on Friday who accused him of being the new Hosni Mubarak and hijacking the revolution. Police fired tear gas in a street leading to Cairo's Tahrir Square, heart of the 2011 anti-Mubarak uprising, where thousands demanded Mursi quit and accused him of launching a "coup". There were violent protests in Alexandria, Port Said and Suez. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: CIVIL UNREST POLITICS)
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A protester (R) runs from tear gas released by riot police during clashes at Tahrir square in Cairo November 23, 2012. Egyptian President Mohamed Mursi's decree that put his decisions above legal challenge until a new parliament was elected caused fury amongst his opponents on Friday who accused him of being the new Hosni Mubarak and hijacking the revolution. Police fired tear gas in a street leading to Cairo's Tahrir Square, heart of the 2011 anti-Mubarak uprising, where thousands demanded Mursi quit and accused him of launching a "coup". There were violent protests in Alexandria, Port Said and Suez. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: CIVIL UNREST POLITICS)
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Egyptian protesters opposed to president Mohammed Morsi take cover during clashes near Tahrir Square in Cairo, Egypt, Friday, Nov. 23, 2012. Opponents and supporters of Mohammed Morsi clashed across Egypt on Friday, the day after the president granted himself sweeping new powers that critics fear can allow him to be a virtual dictator.(AP Photo/Mohammed Asad)
Egyptian protesters opposed to president Mohammed Morsi take cover during clashes near Tahrir Square in Cairo, Egypt, Friday, Nov. 23, 2012. Opponents and supporters of Mohammed Morsi clashed across Egypt on Friday, the day after the president granted himself sweeping new powers that critics fear can allow him to be a virtual dictator.(AP Photo/Mohammed Asad)
Egyptian protesters opposed to president Mohammed Morsi try to breach a building used by Morsi supporters during clashes near Tahrir Square in Cairo, Egypt, Friday, Nov. 23, 2012. Opponents and supporters of Mohammed Morsi clashed across Egypt on Friday, the day after the president granted himself sweeping new powers that critics fear can allow him to be a virtual dictator.(AP Photo/Mohammed Asad)
Egyptian protesters opposed to president Mohammed Morsi try to breach a building used by Morsi supporters during clashes near Tahrir Square in Cairo, Egypt, Friday, Nov. 23, 2012. Opponents and supporters of Mohammed Morsi clashed across Egypt on Friday, the day after the president granted himself sweeping new powers that critics fear can allow him to be a virtual dictator.(AP Photo/Mohammed Asad)
Supporters of Egyptian President Mohammed Morsi chant slogans and wave his campaign posters outside the Presidential palace in Cairo, Egypt, Friday, Nov. 23, 2012. Supporters and opponents of Egypt's Islamist president staged rival rallies Friday after he assumed sweeping new powers, a clear show of the deepening polarization plaguing the country.(AP Photo/Ahmed Gomaa)
Supporters of Egyptian President Mohammed Morsi chant slogans and wave his campaign posters outside the Presidential palace in Cairo, Egypt, Friday, Nov. 23, 2012. Supporters and opponents of Egypt's Islamist president staged rival rallies Friday after he assumed sweeping new powers, a clear show of the deepening polarization plaguing the country.(AP Photo/Ahmed Gomaa)