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International News | June 19, 2012

This Is News - June 19, 2012

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Islamists declare victory in Egypt's presidential election, Southern Baptists select their first African-American leader and investors still wary of eurozone crisis

An Egyptian supporter of Muslim brotherhood candidate Mohammed Morsi wears a tag with Arabic that reads, "'Mohammed Morsi, president for Egypt" in Tahrir Square, Cairo, Monday, June 18, 2012. (AP Photo/Amr Nabil)

Though official election results in Egypt will not be certified for a couple of days, it appears the Islamist candidate will take the victory - Christians fear what this will mean. And in other Egyptian news, Egypt's military rulers yesterday stripped the presidential office of its most important powers. In this country, the Southern Baptist Convention opens its annual meeting and appears poised to elect its first black president, Fred Luter. And in business news, most markets were mixed on Monday as investors are still not sure what the future holds for Greece or the eurozone.