Saturday, February 12, 2011

How Switzerland was able to freeze Mubarak's Swiss bank accounts. - By Annie Lowrey - Slate Magazine

How Switzerland was able to freeze Mubarak's Swiss bank accounts. - By Annie Lowrey - Slate Magazine: "In the protests that led to Egyptian President Hosni Mubarak's ouster, his money was a point of contention for Egyptians. The country's youth suffers from crippling unemployment, with tens of thousands of college graduates unable to find good jobs. Its recent economic gains have failed to produce higher incomes for most Egyptians, with inequality growing worse over the past five years. About 40 percent of the population lives on less than $2 a day."

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