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How the Egyptian Crisis Affects Everyone


A Bend financial advisor says the revolution in Egypt will most likely affect the financial markets for a while. Troy Reinhart with Northwest Quadrant Wealth Management says financial markets hate uncertainty. "Locally I think Egypt will cause a lot of uncertainty.” The unrest could also affect gas prices.  Egypt doesn't produce a lot of oil, but the country does control the Suez Canal;  a major gateway for oil that comes out of the Middle East. Meantime, the State Department today says more than 2,400 Americans have contacted U.S. officials seeking government-chartered evacuation flights from Egypt as anti-government protests continue to roil the country, the State Department said Monday.

 

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