As President Obama visits Israel, one of the biggest elephants in the room is the ongoing financial crisis just across the desert in Egypt. Since the Arab Spring uprising, Egypt’s economy has deteriorated. The country’s most immediate crisis is a foreign reserve shortage. Stocks of the country’s foreign currency reserves …
Israel was a conspicuous omission when the itinerary of Secretary of State John Kerry’s first trip overseas to Europe and the Middle East was announced this week. Although Kerry will visit Egypt, Qatar, Saudi Arabia, Turkey, and United Arab Emirates, he will not be visiting America’s most important ally in …
Egyptian President Mohamed Morsi today signed into law Egypt’s new constitution, which his fractured opposition has denounced as a betrayal of the original democratic goals of the 2011 revolution against the Hosni Mubarak regime. The constitution was written by an Islamist-dominated assembly that pushed through a draft over the objections …
Egypt remains in turmoil after its president decreed last Thursday that he was no longer subject to the laws of his country—giving himself power over the judiciary and other branches of government. Egyptian President Mohamed Morsi made his lunge for power shortly after helping to broker a fragile ceasefire in …
Egypt has been rocked once again by a political crisis triggered by President Mohamed Morsi’s relentless efforts to secure dictatorial power. Hundreds of protesters from liberal and secular opposition groups demonstrated in Cairo’s Tahrir Square, the birthplace of Egypt’s stunted “Arab Spring” revolt. One barometer of the coming test of …
Egypt was wracked by protests today, the day after President Mohamed Morsi purged key judicial officials and issued a decree that granted himself sweeping new powers. In Cairo, protesters gathered in Tahrir Square, the epicenter of Egypt’s stalled revolution, to denounce Morsi’s power grab and chant: “Morsi is Mubarak.” There …