Despite the curfew and the presence of battle tanks on the streets of Cairo, the protests in Egypt continue. The military raised the stakes by buzzing the center of the city with F-15s, and a military helicopter was observed circling Tahrir Square. Hosni Mubarak is still hanging on, although Mohammed El Baradei insists that today must be the president’s last day in office. Families of foreign diplomats are being evacuated, and many foreign businessmen have left the country.
In other news, China’s real estate market continues to overheat. Demand for real property is so high that prices are going through the roof. Economists warn that the country may be in the midst of a giant real estate bubble, which is bound to pop sooner or later.
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