Article from 1977
In-depth analysis of the development of capitalism and class struggle in Egypt, from the 1940s until the 1970s. Contains interesting information about mass wildcat strikes and the 1977 food riots as well as their relationship to national liberation movements in the region. Read the rest of this entry
Posted by Emily Regan Wills – November 29
While the gradual meltdown of the Egyptian constitution-drafting process has been at center stage in Cairo over the past few months, the negotiations between the Egyptian government and the International Monetary Fund (IMF) for a $4.8 billion loan have rapidly become central to political conversations in Egypt. Egypt has a checkered past with the IMF. While it views Egypt as a success story for structural adjustment and privatization during the infitah, Anwar Sadat’s economic liberalization, and the Hosni Mubarak-era transition away from state ownership, the Egyptian public associates the IMF with the human downside of structural adjustment policies: unemployment, rising prices, and increasing poverty. Even the IMF’s own policy papers on Egypt now admit that the “social outcomes were unsatisfactory” during the 1990s and early 2000s. Read the rest of this entry
FRIDAY, 14 SEPTEMBER 2012
Abolishment of the Paris Protocol, the agreement regulating economic relations between the Palestinian Authority and Israel, was a primary demand in this week’s West Bank protests. Author and analyst Nassar Ibrahim reviews and analyses the Paris Protocol and the Oslo process, of which it was a part.
Western bankers are using weapons of mass financial destruction as the world is entering into global recession and depression, a financial analyst tells Press TV.