Egypt Heats Up Again

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Protestors in Egypt believe that the ousting of their former dictator is only going to result in the insertion of another, and they believe that the Army is to blame. The Egyptian people have begun to attack the Army during protests due to the belief that nothing will change. This belief could easily result in another revolution; or, at the very least a new round of violence. The United States and Europe will both be tempted to intervene in Egypt as they have done in Libya; however, if they do so there will be nasty consequences for the Euro and the USD on the online forex exchange.

The vast amount of oil coming from the Middle East mandates that the region be fairly stable, and this is so that there is no interruption of the oil supply from to the West. A reduction in oil to the United States and Europe would hinder production, and drive up the cost of gasoline and therefore all other products as well. This relationship of necessity with the Middle East causes many Western nations to take an ongoing interest in the way in which they conduct their affairs. Nations such as Saudi Arabia stand steadfast, as Western allies while other nations like Iran, do not.

This ongoing instability throughout the Middle East spells out trouble for Western economies that depend on Middle Eastern oil, and such troubles are only beginning if the Middle East does not stabilize soon. The United States and Europe have many difficult decisions ahead; because, China has condemned the action of Western nations in Libya. If China decides to impose financial consequences against the US as a result of their disapproval the USD could be in for serious trouble on the online forex exchange. There is no way to predict what will happen in the Middle East, however the interference of the United States is fairly predictable.
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