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Wednesday, February 02, 2011

Misc: Egypt, Europe and More

by Calculated Risk on 2/02/2011 10:06:00 PM

On Egypt ...
• From al Jazeera, another day: Live blog Feb 3 - Egypt protests

• From the Telegraph: Egypt crisis: violent clashes over country's future

Anti-government protesters who had been assembling relatively calmly for days found themselves under assault by demonstrators in favour of the regime of President Hosni Mubarak. In the most dramatic clashes thugs on horse and camelback charged and whipped the protesters, and dropped concrete blocks onto them.

By nightfall, several buildings were ablaze from petrol bombs, with the army making belated attempts to act as a barrier between the two sides.
On Europe, another attempt to find a resolution to the financial crisis ...
• From the WSJ: Summit Marks Key Moment for Euro Zone
European leaders in Brussels on Friday are expected to confirm the broad outline of a strategy for solving the debt crisis, in a move that is seen as a decisive moment for the euro zone.
...
The solvent majority is offering to boost the effective size of the euro zone's bailout fund for crisis-hit countries—known as the European Financial Stability Facility, or EFSF—and to broaden its mandate. In return, Germany, with French support, is calling for a shake-up of how national governments manage their economies, to make the weaker countries more competitive and future crises less likely.
I'll believe it when I see the details.

And earlier on U.S. data ...
Daily Color: D-List Data