US pledges $450m to Egypt
The US has pledged $450 million to Egypt in ordering to help improve the fragile Egyptian economy.
The US Secretary of State, John Kerry, who is currently visiting Egypt, announced the assistance whilst stressing the need for "more hard work".
Speaking to the Egpytian president Mr Morsi, Kerry urged him to ensure that April's elections for free, fair and transparent. The elections are being boycotted by the main opposition group due to on-going mass pro-democracy protests.