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New Egyptian Constitution Signed Into Law

President Mohammed Morsi says the new Islamist-drafted constitution will end political turmoil. It was approved by almost two-thirds of the voters in a referendum, paving the way for a parliamentary election in about two months. Morsi is also concerned with Egypt’s fragile economy. There has been a recent run on the banks and the government has imposed new restriction to keep Egyptian’s money in the country. In a statement Morsi’s office said he signed a decree enforcing the constitution after the official announcement of the results. Opposition groups say the new basic law is too Islamist and leaves women and Christians without proper protection.