“We expect the Egyptians to solve the problem. Obviously we are worried about the

“We expect the Egyptians to solve the problem. Obviously we are worried about the situation.”

Arye Mekel

Israeli Foreign Ministry spokesman, on tens of thousands of Palestinians who poured from the Gaza Strip into Egypt after gunmen destroyed most of the wall dividing the border town of Rafah.

“The Fed’s action provided a very positive surprise. But people are also starting to think that things may be so bad they needed to act.”

Tsuyoshi Segawa

A strategist at Shinko Securities Co. in Tokyo, saying world market turmoil will linger because the U.S. Federal Reserve’s interest rate cut is seen as a sign the U.S. credit crunch may be a serious problem.