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How will latest violence in Egypt affect wider economy?

15 August 2013 Last updated at 17:08 BST

Attention is turning to how Egypt's Middle Eastern neighbours will react following the latest violence in Cairo.

Following President Morsi's ousting, countries in the Arabian peninsula offered financial aid - Saudi Arabia and the United Arab Emirates alone have already pledged a total of $8bn.

The BBC's Simon Atkinson gave more information about the region's response to the violence and the economic impact on the Egyptian people:

"Food inflation is about 20% at the moment... tourism's already down by about 50% since the revolution two years ago... and foreign investment's down 75%."

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