To cope, Egyptians are reportedly buying cheaper food items, reducing their food intake and buying food on credit.
On the Muslim Brotherhood side, the Egyptian Prosecutor General is claiming that a member of the Black Bloc was caught with an Israeli plan to sabotage Egyptian oil companies. On the opposition side, the protesters have widely circulated a theory that Obama is backing Morsi only because Morsi has promised to protect Israel.
Fathi Shihab-Eddin headed up the Muslim Brotherhood’s Labor Dossier until the Brotherhood took over Egypt moving him into the Egyptian parliament and making him Chairman of the Culture, Tourism & Information Committee. He also heads the Supreme Press Council which allows him to choose the editors of state-owned newspapers in Egypt.