HomeNewsWorldEgypt crisis: Can this fragile economy rise from the ashes?

Egypt crisis: Can this fragile economy rise from the ashes?

CNBC's Rebecca Meehan caught up with Jim O'Neill of Goldman Sachs Asset Management on got his outlook for emerging markets going ahead and how the Egypt crisis has left a huge dent in investor sentiment.

February 04, 2011 / 16:49 IST
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CNBC's Rebecca Meehan caught up with Jim O'Neill of Goldman Sachs Asset Management on got his outlook for emerging markets going ahead and how the Egypt crisis has left a huge dent in investor sentiment.

Below is a verbatim transcript. For complete details watch the accompanying video. Q: What is the impact of the situation that we are seeing in Egypt? How important is it to the bigger global economic picture right now? A: It would be intriguing to know exactly how many people around the world are glued into this because there is a number of ways this could go, one of which could see something like the breakdown of the Berlin Wall, the collapsing of the Soviet Union, it could be hugely bullish. The history of Middle Eastern tension doesn
first published: Feb 4, 2011 08:32 am

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