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Nightly Business Report - Tuesday July 2 2013

Nightly Business Report - Tuesday July 2 2013

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Tonight on Nightly Business Report, from Cairo to Brazil to China and Europe. What does all this instability mean for your money?

And, why are buyers snapping up new cars and trucks at a pace not seen since before the recession?
Tonight on Nightly Business Report, from Cairo to Brazil to China and Europe. What does all this instability mean for your money?

And, why are buyers snapping up new cars and trucks at a pace not seen since before the recession?

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Published by: Nightly Business Report by CNBC on Jul 03, 2013
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<Show: NIGHTLY BUSINESS REPORT><Date: July 2, 2013><Time: 18:30:00><Tran: 070201cb.118><Type: SHOW><Head: NIGHTLY BUSINESS REPORT for July 2, 2013, PBS><Sect: News; International><Byline: Susie Gharib, Tyler Mathisen, Yousef Gamal El-Din, Diana Olick, Phil LeBeau, SteveLiesman, Mary Thompson><Guest: Andres Garcia-Amaya, Moshe Orenbuch><Spec: Economy; Protests; World Affairs; Stock Markets; Trade; Automotive Industry;Business; Energy; Lifestyle; Policies><Time: 18:30:00>ANNOUNCER: This is NIGHTLY BUSINESS REPORT with Tyler Mathisen andSusie Gharib, brought to you by --(COMMERCIAL AD)SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: Global hot spots. FromCairo, to Istanbul, to Brazil -- turmoil in the streets. In China, Japanand Europe -- economies under stress. What does all this instability mean
 
for your money?TYLER MATHISEN, NIGHTLY BUSINESS REPORT ANCHOR: High octane. Why buyers are snapping up new cars and trucks at a pace not seen since beforethe Great Recession.GHARIB: And, brain power. If your neighbors consume less energy thanyou, would you cut back? One company is betting you will and it has to dowith the way we think.All that and more tonight on NIGHTLY BUSINESS REPORT for Tuesday, July2nd.MATHISEN: Good evening, everyone.The world is watching Egypt tonight. Hundreds of thousands of  protesters back in Tahrir Square for a third day. They are calling for theresignation of Egyptian President Mohamed Morsi, partly over his handlingof the economy.The army has given him a deadline to strike a deal by tomorrow or be pushed aside. But the president has reportedly asked the army to withdrawits ultimatum via Twitter.The turmoil there today hit markets here. Stocks dipped in the
 
afternoon as oil prices rose.From Cairo now, Yousef Gamal El-Din has the latest.(BEGIN VIDEOTAPE)YOUSEF GAMAL EL-DIN, NIGHTLY BUSINESS REPORT CORRESPONDENT:Protesters are in the streets of Cairo and across the country for a thirdnight of demonstration, calling on incumbent President Mohamed Morsi tostep down after just one year in power. You can hear the atmosphere behindme. It`s a very tense atmosphere. People are saying "Erhal," Arabic for leave.But it`s not the opponents of the rally tonight, also supporters of President Morsi are hitting the streets. And that is the key concern,there will be clashes and might be an escalation. As a result, themilitary is on high alert. They deployed to different parts of the city,tanks, helicopters, you can actually hear one passing by just above me.Remember that we`re running against the deadline set by the army whichexpires on Wednesday. Politicians need to figure it out then. If not,then the army would put forward a plan. It`s not clear here what that planwill look like, but we`ll have to just wait and see how it all plays out.For NIGHTLY BUSINESS REPORT, I`m Yousef Gamal El-Din, in Cairo.

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