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December 26, 2012 9:52 am

New Islamist-Drafted Constitution Becomes Law in Egypt

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Mohammed Morsi. Photo: Jonathan Rashad.

JPost – CAIRO – Egyptian President Mohamed Morsi has signed into law a new Islamist-drafted constitution he says will help end political turmoil and allow him to focus on fixing the fragile economy.

Anxiety about the deepening economic crisis has gripped Egypt in past weeks, with many people rushing to take out their savings from banks and the government imposing new restrictions to reduce capital flight.

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