World financial leaders gathering in Paris this weekend have put the recent rise in food prices high on their agenda, examining whether new trading rules or better
Author: WHES
Women stand for equality in Tahir Square
CAIRO – Women think as differently as they dress here, but they have emerged from the barricades agreeing on one thing: This is their moment in history, and they cannot afford to lose it.
Egypt’s missing stir doubts on military’s vows for change
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Egyptians say military discourages an open economy—military runs many businesses, pays no taxes, employs conscripted labor, buys public land on favorable terms and discloses nothing to Parliament or the public
CAIRO — The Egyptian military defends the country, but it also runs day care centers and beach resorts. Its divisions make television sets, jeeps, washing machines, wooden furniture and olive oil, as well as bottled water under a brand reportedly named after a general’s daughter, Safi.
Food prices pushing millions into poverty
Rising food prices pushed tens of millions of people into extreme poverty last year and are reaching “dangerous levels” in some countries, World Bank President Robert Zoellick said Tuesday as he released new data showing that the cost of grain and other staples is near a historic high.
Unrest spreads in Middle East to Bahrain, Yemen, Iran, Libya, and Iraq
From northern Africa to the Persian Gulf, governments appeared to flounder over just how to outrun mostly peaceful movements, spreading erratically like lava erupting from a volcano, with no predictable end.
Bahrein citizens return to protest in Pearl Square after security forces stop attacking
MANAMA, Bahrain — Thousands of jubilant protesters surged back into the symbolic heart of Bahrain on Saturday as the government withdrew its security forces, calling for calm after days of violent crackdowns.
Egypt army sets six-month blueprint, but future role is unclear
CAIRO — The military officers who have governed Egypt since the ouster of President Hosni Mubarak on Friday have laid out a brisk six-month timetable in which to draft constitutional amendments, submit them to a referendum and elect a new government, stirring debate about the military’s long-term intentions.
Mubarak family riches attract new focus
After Hosni Mubarak’s younger son, Gamal, left his job as an executive with Bank of America in London in the mid-1990s, he joined forces with Egypt’s largest investment bank. Today he has a significant stake in a private equity company with interests throughout the Egyptian economy, from oil to agriculture to tourism, corporate records and interviews show.
North Korea sends SOS to world to feed its starving people
In a dramatic and poignant sign of a state nearing collapse, North Korea has asked its embassies to appeal to foreign governments for aid to feed a population close to starvation.
