MidEast

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More Than 500 People Injured In Protests Sparked By Power Grab Of Morsi

More than 500 people have been injured in protests sparked by the power grab of Egyptian President Mohammed Morsi, who on Friday issued a decree widening his powers and shielding himself from judicial review. Both opponents and supporters have announced demonstrations for today, with the Muslim Brotherhood – to which Morsi is linked – coordinating with Salafists and other Islamic groups. The Egyptian stock market lost 10% of its value on the first day of trading since Morsi’s decree was issued, worsening the already troubled Egyptian economy.

[Photo: Al Jazeera English / Flickr]