- Egyptian President Mohammed Morsi ordered Parliament to reconvene Sunday, in defiance of the military and a court that dissolved it.
- Newly-elected Egyptian President Mohamed Morsi will head to Saudi Arabia on Wednesday, on his first official foreign visit after taking charge.
- Former Egyptian President Hosni Mubarak and the Shah of Iran were solidly supported by the U.S., Israel, and Western Europe -- a scenario that outraged much of the populace in each country and exacerbated festering resentments.
- If defected Syrian regime official Manaf Tlas goes to Paris, it would be in line with a growing trend of bonhomie between Syrian opposition activists and the City of Light.
- The current situation in Libya means that there is no clear best choice for Libya's 2.7 million registered voters.
- The wheat market saw a significant pullback overnight on profit taking, but the complex remains extremely overbought at current levels. Outside markets are offering a slightly negative tone to commodities this morning after the monetary actions by the PBOC and ECB yesterday. Crude oil is trading $1.50 lower and the U.S. Dollar is slightly higher. There were no reported deliveries made in Chicago wheat as of July 3rd, bringing the month to date total to 332 deliveries.
Ahmadinejad Invites Morsi For Tehran Summit; Iran Appears Keen On Reestablishing Egypt Ties After 30 YearsIranian President Mahmoud Ahmadinejad has invited his newly elected Egyptian counterpart, Mohamed Morsi, to a summit of the Non-Aligned Movement (NAM) nations to be held in Tehran in late August to promote undeniable and constructive cooperation between the nations, an Iranian government statement said.
Assad Says Syrian Protests Different From Those In Egypt, Tunisia; 'Friends Of Syria' To Meet In ParisSyrian President Bashar al-Assad says the anti-government protests in his country are not comparable to the Arab Spring protests elsewhere, and that it's not people, but terrorists, who want to oust him from power.
- Palestinian officials have called an international probe into the death of its leader Yasser Arafat, more than eight years after he died of several mysterious health complications, following a report that he could have been poisoned with a radioactive substance known as polonium.
Egyptian President, First Democratically Elected Civilian In Nation's History, Sworn In During Defiant CeremonyMohammed Morsi, the new Egyptian president, was formally sworn into office on Saturday and then spirited away to Cairo University, where he delivered a speech that both praised and condemned the nation's military, as he showed he had no fear of it.
- Israeli Prime Minister Benjamin Netanyahu has sent a letter to Egypt's newly sworn-in President Mohamed Morsi, urging him to maintain peace between the two countries, following an Iranian report last week that Morsi was planning to reconsider the peace deal with Israel, Israeli daily Haaretz reported.
- On the eve of taking his oath of office, Egyptian President-elect Mohammed Morsi addressed thousands of people in Cairo's Tahrir Square to share his vision for the rebirth of Egypt.?
- Former Egyptian Oil Minister Samih Fahmi has been sentenced to 15 years in prison for his role in a deal that exported natural gas to Israel below market value and cost the government over $714 million in lost revenue.
- Under Islamic president-elect Mohamed Morsi's government, many in Egypt's beleaguered tourism industry are dreading bans on everything from alcohol to modern art to bikinis.
- The government can appeal the court's decision.
- Morsi inherits an Egypt that has become crestfallen since the revolution as the democratic process stalled and the military seized control. His first tasks will be rebuilding the economy, increasing security and fostering social unity so that this great and patient people could reap the fruits of its sacrifices.
- A new study says the swine flu pandemic of 2009 might have killed as many as 579,000 people. The original count, compiled by the World Health Organization, put the number at 18,500.
- Everyone has a reason to hate the Muslim Brotherhood, which has been in the limelight ever since the brutally oppressive reign of former President of Egypt Hosni Mubarak ended. The Western mainstream opinion is united against the Brotherhood, an organization which reeks of sinister religious overtones right from its name supported suitably by its new-found Islamic-state rhetoric. But the radical Islamists in the Middle East condemn the Brotherhood equally, for luring thousands of young Musli...