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Samir Radwan From Kirsten Bischoff, Opalesque New York:
On Thursday, Egypt's Finance Minister Samir Hadwan said the nation will "do its utmost best" to ensure that the Suez Canal remains open. "All precautions are taken to prevent any sabotage from outside to the Suez Canal," Hadwan told CNN's AC360. "The Suez Canal is safe and the Egyptian army - I don't talk on their behalf - but I can assure you it will do whatever is in its power to keep that open." (Source).
So far, through the Egyptian protests, the Suez Canal, which provides passageway through Egypt, connecting the Red Sea and the Mediterranean Sea, has not been affected. “What we’ve seen over the last week or so is remarkably little disruption to Suez Canal transits – Suez ships are running at about 50 ships per day, which is normal. We’ve seen a little bit of a slow down of port activity but that doesn’t affect the Suez Canal activity at all,” Tim Coffin from M2M Management told Opalesque Radio’s Sona Blessing. Port activity slowdown has been driven by port workers staging strikes as an extension of the protests that began in Cairo.
Early in the evening Thursday, sources began confirming that President Mubarak would step down from office, and the Egyptian army would be issuing...................... To view our full article Click here
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