21:46 GMT +317 October 2018
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    Egyptian investor kills self after going broke as shares plummet

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    CAIRO, October 14 (RIA Novosti) - A Cairo resident hanged himself after losing all his money on the Egyptian stock exchange, Arabic media reported Tuesday.

    The victim of the ongoing global financial crisis had invested everything he had saved during years spent working in Kuwait into shares of Egyptian companies.

    Relatives of the 56-year-old man told police he had said repeatedly that he would kill himself over financial problems.

    The World Trade Organization issued a warning last week that the global financial crisis could lead to a sharp increase in mental disorders and suicide attempts. The warning came after a 45-year-old public sector official in Los Angeles killed five members of his family before taking his own life. In his suicide note, the man blamed the hopeless economic circumstances.

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