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Thursday, November 29, 2012

Egypt is loud, messy and in charge of its destiny

Egypt is loud, messy and in charge of its destiny
President Morsi’s decree granting him more power has acted as a catalyst for widespread protests in Egypt and a rupture in relations between the executive and judicial branches of government. It has also placed Egypt’s allies in an awkward position. The renewed turmoil will also inevitably raise questions about the recent agreement with the International Monetary Fund, which many view as essential for the economy’s wellbeing, writes Mohamed El-Erian
http://link.ft.com/r/6NPSBB/FDDHF8/FXWIVG/MS7625/FD9RBA/CM/h?a1=2012&a2=11&a3=29

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