EGYPT

Egyptian unrest not Islamist, expert says

The situation in Egypt is, as they say, fluid, with rioting in Cairo, protestors clashing with police, vehicles set afire and a prominent Egyptian who returned home to foster democracy placed under house arrest. The president, Hosni Mubarak, has not been seen nor heard from in days. His wife has, by some reports, fled the country. The world is watching and no one can predict what may happen next.

Egypt Shuts Down Internet, Syria Still Up

Egypt has officially cut off Internet access to the country, marking the first time in the history of the Internet when a nation-state has gone dark. Other nations, though, seem reluctant to follow suit.
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Mohamed ElBaradei placed under house arrest as protests escalate

Mohamed ElBaradei, the Nobel Peace laureate who returned to his Egyptian homeland to participate in anti-government protests, has been placed under house arrest by security officials, according to a report by the Associated Press.

WikiLeaks documents reveal U.S.’s contradictory relationship with Mubarak

U.S. diplomats were gravely concerned about Egypt’s poor human rights record (including the use of torture by police and the jailing of dissidents) and expressed misgivings about President Hosni Mubarak’s plans to allow his son to succeed him, according to cables released by WikiLeaks.

Rich corporations must share wealth to avoid unrest

Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.

Internet goes dark in Egypt

Egypt appears to have blocked all access to internet in the midst of anti-government demonstrations. US-based Web site Renesys said it has observed virtually simultaneous withdrawal of all routes to Egyptian networks in the Internet's global routing table, just after mid night, local time.

Current protests in Egypt recall Bread Riots of 1977

The ongoing anti-government protests on the streets of Cairo and other Egyptian cities represent the biggest public demonstration in the country since the famous ‘bread riots’ which occurred exactly 34 years ago.

ElBaradei to return as Egypt unrest enters third day

Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.

Africa growth on way back to pre-crisis level

African economic growth is heading back to pre-crisis growth levels, propelled by strong demand for its resources and increased South-South investment, notably from China.
grain

Canada, grain buyer Morocco start free trade talks

Grains exporter Canada and Morocco, among the region's top wheat importers, on Thursday announced the start of negotiations for a free trade agreement, Morocco's official media reported.

Tunisia unrest hits growth, tourism, investment: Fitch

Weeks of unrest in Tunisia will hit economic growth, frighten away tourists and discourage foreign direct investment which could fall by up to a third this year, Fitch Ratings said on Thursday.

Libya creates $24 bln housing fund:newspaper

Libya has set up a $24-billion fund for investment and local development that will focus on providing housing for its rapidly growing population, the online Oea newspaper reported on Thursday.

Protests as Tunisia readies cabinet reshuffle

Protesters stormed police barricades in the Tunisian capital on Thursday and the government prepared to dismiss key loyalists of ousted leader Zine al-Abidine Ben Ali in the face of widespread public anger.

Egypt unrest enters third day, ElBaradei to return

Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.

Egypt exchange reopens, main index down 8 pct

Egypt's stock exchange reopened after being suspended on Thursday and the benchmark index .EGX30 extended its decline to 8.2 percent from 6.2 percent before the halt.

Internet A Battlefield In Egypt

The internet has become a venue for battles between the Egyptian government and protesters, through social networking sites such as Facebook and the home pages of groups such as Anonymous.

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