Egypt’s electoral commission announced Sunday that Muslim Brotherhood candidate Mohamed Morsi would be sworn in as president, becoming the Arab world’s first elected Islamist head of state. Morsi defeated Ahmed Shafiq, a former prime minister under ousted leader Hosni Mubarak.

June 26, 2012 A street vendor sells candy during a sit-in against the military at Tahrir Square in Cairo. Egypt's new president has a window of opportunity to pull the economy from the brink of disaster, but he will have to chart a careful path to convince a host of deeply skeptical players at home and abroad that his is a government they can trust. Amr Abdallah Dalsh/Reuters