On the economic impact of the Revolution: links

Sharing a couple of articles I stumbled upon today on the topic of the economic impact of the revolution, short and long term.

Report: Egypt protests cost $310M per day - Associated Press

Credit Agricole, in one of the first assessments quantifying the damage to the economy, said the crisis is costing Egypt at least $310 million per day. The bank also revised down its forecast for 2011 GDP growth to 3.7 percent from 5.3 percent and said the Egyptian pound could see a depreciation of up to 20 percent.


CIB creates youth-driven fund, CI Capital's Karim Helal talks economy - Daily News Egypt

“Investors will take a pause now so the flow of FDI is bound to suffer. I don’t think it’s going to disappear at all but capital by definition is a coward, so they will take a pause to assess the situation,” according to Helal.

Egypt senses economic opportunity - UPI.com

"Economists in Egypt said short-term hits to the economy could turn to long-term gains if two weeks of protests end up mobilizing the population"

Blocking Internet cost Egyptian economy at least $90M - Muslimvillage.com

The Egyptian government’s five-day block of Internet services cost the national economy at least $90 million, the Organization for Economic Cooperation and Development (OECD) said Thursday. The Paris-based organization said telecommunications and Internet services account for between 3% and 4% of Egypt’s GDP, so the daily loss amounted to around $18 million.

Toll of protests on Egypt's tourism - CNN.com

If you want to see a CNN reporter make a fool of himself attempting to ride a camel.