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John Kerry meets Egyptian President Mursi

2013-03-03 58 Dailymotion

(ROUGH CUT ONLY - NO REPORTER NARRATION)<br/> <br />U.S. Secretary of State John Kerry held talks with Egyptian President Mohamed Mursi in Cairo on Sunday (March 3) as he paid his first visit to the region since taking office.<br/> <br />The talks came a day after Kerry said it is vital that Egypt revive its economy and that the country's fractious political parties reach agreement on painful economic reforms to secure an IMF loan.<br/> <br />The country's foreign currency reserves have dived to little more than a third of levels before the 2011 revolution and the budget deficit is soaring as a sliding Egyptian pound pushes up the cost of state subsidies for imported fuel and food.

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