Friday, January 28, 2011
Egypt's Web Shutdown
According to cnn Egypt has begun to shutdown access to communication sites such as Twitter and Facebook. Some are reporting that entire areas are without access to the internet completely. It is believed that Egypt's government is coordinating the shutdowns in retaliation to the recent riots occurring from the people wanting to remove their dictator, Hosni Mubarak.
This is not only hurting the local economy of Egypt, but it is hurting our economy as well. The Egyptian economy will take a hit from this because companies lose ad space and will start to lose business therefore less money will be spent locally. Our economy will be hurt because internet providers and social websites that use ads to make a profit will no longer have access to the people therefore they won't make any money and so they will have less to spend in our country. Cell phone providers have also been told to halt there services, until further notice by authorities, which means that they will be taking a hit economically for the same reasons as the internet providers. A bunch of the landlines have stopped working as well which makes for a major inconvenience for everyone since phones have become all but necessary in modern day. With all of these forms of media and social interaction not functioning the riots should come to an end quite soon, since most of the planning and preparation has been done using the internet. Hopefully these riots can be quelled quickly enough so as to prevent an economic backlash in both Egypt and the US.