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Uncertainty surrounds Egypt military’s democracy pledge
CAIRO — Reasons behind a sudden proposal by Egypt’s military authority to swiftly transfer power to civilian rule are far from clear and could be an attempt to undermine the protesters, analysts said. Field Marshal Hussein Tantawi, who took power when Hosni Mubarak was ousted in February, pledged in a…
Egypt’s government abruptly resigns as deadly clashes rock Tahrir Square
Egypt’s cabinet said on Monday it had resigned as clashes raged inTahrir Square between police and protesters demanding democratic change in the country’s biggest crisis since Hosni Mubarak’s ouster. State television quoted a military source as saying the ruling military council had rejected the resignation, but Information Minister Osama Heikal told the official…
Two dead, 100s hurt in Egypt anti-regime protests
Two people were killed and hundreds injured in Egypt this weekend as police fired rubber bullets and tear gas at protesters in a violent countdown to the first elections since the ouster of Hosni Mubarak. “Down with Tantawi,” hundreds of demonstrators cried in Cairo’s iconic Tahrir Square, referring to the…
Standard and Poor’s downgrades Egypt’s rating
PARIS — Standard and Poor’s downgraded Egypt’s rating on Tuesday to BB-, citing weak prospects for public finances and rising risks to macroeconomic stability during the nation’s political transition. The agency lowered its long-term foreign-currency sovereign credit rating to BB- from BB and said that outlook remains negative. “The downgrade…
U.S. lawmaker urges delay in arms sales to Bahrain
WASHINGTON — The United States should delay the sale to Bahrain of any items in a proposed $53 million weapons package that could be used against protesters there, a US senator said Thursday. “I urge the administration to delay the sale of any items within the proposed weapons package that…
Egypt plans big rise in price of gas to Israel
Egypt will substantially raise the price of its gas exports to Israel, which have stopped after militants blew up a Sinai desert pipeline, an Egyptian newspaper reported on Tuesday. Oil minister Abdullah Ghurab said there would be “a large increase in the price” after the revision which would be announced soon, the state-owned Al-Ahram…
Pentagon chief in bid to defuse Egypt-Israel tensions
US Defence Secretary Leon Panetta was headed to Cairo from Tel Aviv on Tuesday in an effort to defuse tensions between Egypt andIsrael that have mounted since the end of Hosni Mubarak’s rule. Before flying out after a one-day visit to Israel, Panetta said he will seek to encourage both sides to ease friction…
Egypt police raid Al-Jazeera office
CAIRO — Egyptian security forces stormed the offices of Al-Jazeera Egypt on Thursday, confining its journalists to one room and confiscating equipment, the channel’s bureau chief told AFP. Ahmed Zain said the officers entered the channel’s new premises, roughed up staff, forced them into one room and took away their…
Clinton hopes Egypt emergency law lifted before June
WASHINGTON — US Secretary of State Hillary Clinton said Wednesday that she hoped that Egypt would lift its emergency law before June 2012, the date set by the new military rulers in Cairo. “We have encouraged and continue to encourage the government to lift the state of emergency,” Clinton said…
Egypt’s democratic transition lags amid confusion
CAIRO — It took 18 days of democracy protests to end Egyptian president Hosni Mubarak’s 30 years in power. It may yet take at least 18 months after his overthrow to see off the generals who succeeded him. The military, in charge since Mubarak was toppled in February, has said…
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