Campaign slams IMF for ‘illegitimate’ negotiations with Egypt
CAIRO: The International Monetary Fund (IMF) came under fire this week for negotiating a $3.2 billion loan with Egypt’s army council and interim Cabinet, seen by some activists and youth…
Orascom soars after resuming trade; Gulf mixed
CAIRO/DUBAI: Egypt's Orascom Telecom (OT) soared on Sunday following an eight-week suspension, while Qatar's bourse slumped to a three-month low as investors disappointed with proposed dividends continued to sell while…
Asia in the Year of the Dragon
By Haruhiko Kuroda MANILA: This is the year of the “Black Water Dragon,” an astrological cycle that indicates change, but with a measure of calm, sensibility and prudence. The people and…
Accepting the inevitable: A nuclear Iran
By Mamdouh G. Salameh The only sanctions able to hurt Iran are those that ban its crude oil exports, but getting the international community to agree on such sanctions is virtually…
Does debt matter?
By Robert Skidelsky LONDON: Europe is now haunted by the specter of debt. All European leaders quail before it. To exorcise the demon, they are putting their economies through the wringer.…
Africa: Winning against AIDS
By Michel Sidibé Winning the Africa Cup of Nations (CAN) 2012 is something millions of people across Africa are dreaming of right now as the continent’s most prestigious football tournament gets…
’18 Days in Egypt’: A media battlefield
By Maha ElNabawi Nearly one year ago, the unprecedented 18-day occupation of Cairo’s Tahrir Square — which led to the fall of autocrat Hosni Mubarak — has become a global symbol…
A closer inspection of Cairo’s ghost towns
Driving east or west out of Cairo, one used to observe endless desert, broken only by a few sleepy settlements and austere power lines. But in the past few decades,…
Kuwait votes in polls hoping to end deadlock
KUWAIT CITY: Kuwaitis head to the ballot box next month for the fourth time in six years in a crucial poll, hoping to end lingering political disputes and to put…
Mogadishu fighting kills at least 9 Somalis
MOGADISHU: Somali militants firing vehicle-mounted anti-aircraft guns clashed with African Union forces for a second night in Mogadishu, killing at least nine people including women and children, an ambulance official…