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Egypt index slumps; Moody's cuts country rating (AP)

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An Egyptian woman chants slogans during a protest demanding the military step down in Cairo, Egypt, Wednesday, Dec. 21, 2011. Thousands of women marched through central Cairo demanding Egypt's ruling military step down in an unprecedented show of outrage over soldiers who dragged women by the hair and stomped on them, and stripped one half-naked in the street during a fierce crackdown on activists the past week. (AP Photo/Hossam Ali)

AP - Egypt's benchmark stock index dropped to its lowest level in over a year on Thursday as a deepening political crisis in the Arab world's most populous nation clouded its political future and prompted Moody's Investors Service to push the government's bond rating deeper into junk status.




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