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Egypt

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China Gears Up to Launch Middle East Pivot Policy

Chinese President Xi Jinping's first official visit to the Middle East next week is a signal of Beijing's intention to be a major player in Mid East affairs. Against the background of extremely intensive international contacts since the assumption of the Chinese presidency in March 2013, Xi Jinping’s first Middle East tour from Jan. 19 to Jan. 23 will include Saudi Arabia, Egypt and Iran...

Peter KORZUN | 17.01.2016


 

Suez Canal Between Seas of Politics and History

In August, Egypt held a ceremony to inaugurate the second phase of the Suez Canal. The construction was scheduled to last for three years, but at President Abdel el-Sisi’s insistence the new channel was completed in only 14 months. The New Suez Canal is 72 km long, and Egypt’s annual revenue from usage fees (currently $5.3 billion) will soon increase 150%, and then triple by 2020...

Igor SHUMEYKO | 08.09.2015


 

Syrian Catastrophe and World's Deafening Silence

The word ‘tragic’ has often been used to describe the civil war in Syria, but it is a pale description of the raging madness on the ground. The bloodletting and massive destruction that has swept the nation is not a mere tragic event; the catastrophic by any measure magnitude of the damage and loss of lives is unseen since the horror of World War IIcatastrophic by any measure unseen since the horror of World War II. The world is largely watching with apathy, and those with unique interests in the conflict play politics with the lives of hundreds of thousands of Syrians who died in vain as there is no salvation in death while unspeakable anguish and pain still awaits the living...

EDITOR'S CHOICE | 14.08.2015


 

Obama’s Egypt Policy Breeds Terrorism

President Obama has gotten in line behind the Israeli-Saudi preference in Egypt for the brutal dictatorship of Gen. al-Sisi over the elected (but now deposed) Muslim Brotherhood government of President Morsi, a posture so shocking that even some U.S. neocons object, writes Jonathan Marshall.

EDITOR'S CHOICE | 30.07.2015


 

2015 AU Summit Wound Up in Johannesburg: Meetings on the Sidelines and Afterthoughts

The African Union (AU) summit took place on June 7-15 in Johannesburg. It was the most intriguing and fruitful meeting in many years. African leaders made a big step on the way to economic integration as Africa is turning into an international entity...

Alexander MEZYAEV | 19.06.2015


 

Yemen Echoes of 1930s Aggression and Descent into Barbarism

...As delegates gathered in Egypt’s resort city of Sharm el-Sheikh for the Arab League last weekend, nearly half of its member states were at the same time openly engaged in an aerial blitz on one of the League’s weakest countries – Yemen. Far from issuing any misgiving, or appeal for restraint, the League fully endorsed the onslaught on Yemen and even went on to call for a new «unified military force» to repeat the action in other countries where a «security risk» is deemed. This is a cart blanche for further foreign military interventions bypassing the United Nations Security Council...

Finian CUNNINGHAM | 31.03.2015


 

Egypt - Сonfrontation with Radical Islamism

...It can be assumed that terrorist attacks against Egypt by the Islamic State (IS) have been prompted by the Egyptian leadership’s policy on rapprochement with Russia, including military-technical cooperation, which was strengthened after President Putin’s recent visit to Egypt. IS is a threat to Russia as well as Egypt, due to the Islamists’ threats of a «jihad to liberate Chechnya.» Expanded cooperation between Russia and Egypt in the fight against radical Islamism, as well as Russia’s military and political support for actions against IS in Libya, is in the mutual interests of both Cairo and Moscow.

Boris DOLGOV | 21.02.2015


 

Egypt Waiting for Russia

America’s strategy in Ukraine, along with other important global policy issues, hinges on setting up the international isolation of Russia... The jackpot for America so far in this game was the European Union, which was initially in no hurry to shoot itself in the foot, but which finally gave in to pressure from Washington.  Our world is a big one, however, and is not limited to Europe... The outcome of President Putin’s visit to Egypt is yet more evidence of America’s failed attempts to isolate Russia in the international arena. And the significance of the visit is not just limited to Egypt...

Arkady DZIUBA | 13.02.2015


 

Russia-Egypt Arms Deal: Major Breakthrough as US Middle East Policy Faces Another Set Back

Russian President Vladimir Putin met Egyptian President Abdel-Fattah el-Sisi in the Black Sea resort of Sochi, Russia, on August 12, 2014. It was his first official visit to the Russian Federation as President. And Vladimir Putin was the first leader to invite him for a visit outside the Arab world since his swearing-in as head of state. The agenda included introduction to a selection of Russian military hardware for sale. On September 17 it was reported that Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow. Egypt and Russia have a history of being strategic allies. The emerging relationship reminds of the era of President Gamal Abdel Nasser, the great Egyptian leader. The deal concluded between Russia and Egypt on September 17 portends a gradual reduction in Washington's ability to control the quality and quantity of weapons that Cairo receives and to maintain Israel's qualitative military edge in the region.  

Andrei AKULOV | 21.09.2014


 

Russia – Egypt Boost Strategic Cooperation

...As a result of the events in Crimea and Ukraine Russia faces a stand-off with the West. The international events make one presume it’s not the last confrontation. To counter the challenge Russia needs allies outside the Western world – in Asia, Latin America and Africa. With its long history of ties with Russia, Egypt, a leading Arab nation, can become a Russian ally.

Boris DOLGOV | 19.08.2014




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OUR COLUMNIST
    Valentin KATASONOV

The Fantasy World of Central Bank Interest Rates Has Set the Stage for the Second Wave of the Global Financial Crisis

Starting from February, deposits made with the Bank of Japan began to accrue negative interest. The interest rate at the Central Bank of Japan now stands at minus 0.1%. This is no longer seen as shocking. The central banks in developed countries began backing into the negative zone for passive operations several years ago...

10.02.2016
 
 
 
 
 
 
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