Countering the contagious West
By Mohamed El-Erian NEWPORT BEACH: Imagine for a moment that you are the chief policymaker in a successful emerging-market country. You are watching with legitimate concern (and a mixture of astonishment…
Who will eclipse America?
By Simon Johnson WASHINGTON, DC: According to Voltaire, the Roman Empire fell “because all things fall.” It is hard to argue with this as a general statement about decline: nothing lasts…
Tweeting Tahrir
By Hanan Solayman CAIRO: Birds of a feather flock together, they say. On Twitter, young revolutionaries in Egypt lived together on the #Tahrir hashtag during an 18-day revolution that ended with…
Oil trims gains after IMF forecast
LONDON: Oil trimmed gains in choppy trading on Tuesday as the gloomy outlook for global economy came into focus once again, following the warning from International Monetary Fund (IMF). Brent…
Untie the knot
By Sarah Tonsy So globalization turned out to be a jinx after all. Why is it that the West is not dropping it? Just untie the knot and become their own…
Clinton: Women must be part of new Mideast
UNITED NATIONS: US Secretary of State Hillary Clinton urged women world leaders Monday to reach out to the new emerging democracies in the Middle East and North Africa and help…
Committee approves group set up by Mubarak party official
CAIRO: Egypt approved on Monday the establishment of a party led by a former top official in Hosni Mubarak's now disbanded party and rejected another set up by an Islamist…
‘Random’ arrests after Israel embassy attack
CAIRO: Egyptian rights groups have accused Egyptian authorities of carrying out random arrests after this month's attack on the Israeli embassy in Cairo, citing it as another example of a…
Israel officials ‘back in Cairo:’ airport source
CAIRO: Four officials from the Israeli embassy in Cairo returned to the Egyptian capital on Monday, 10 days after they were evacuated when the mission was attacked by protesters, an…
S. Korean builder wins $3.5 bln order from Egypt
SEOUL: South Korea's SK Engineering and Construction said Tuesday it has teamed up with a US engineering firm to build a $3.5 billion petrochemical plant in Egypt. The deal was…