Showing posts with label Barak Barfi. Show all posts
Showing posts with label Barak Barfi. Show all posts
Wednesday, 7 September 2016
Sunday, 17 April 2016
Egypt for Sale (Barak Barfi, Project Syndicate)
Last week’s visit to Egypt by King Salman of Saudi Arabia resulted in 22 agreements, including a $22 billion oil deal to prop up Egypt’s moribund economy. But the lavish aid came at a price: Egypt had to relinquish two Red Sea islands ceded to it by Saudi Arabia in 1950. The move exposed the Egyptian leadership’s narrative that the country remains a major regional power as a lie. Indeed, Egypt cannot even handle domestic challenges posed by a rapidly growing population dependent on unaffordable subsidies – a situation that jihadists are exploiting with much success. How did the country reach this point?
https://www.project-syndicate.org/commentary/egypt-for-sale-by-barak-barfi-2016-04
https://www.project-syndicate.org/commentary/egypt-for-sale-by-barak-barfi-2016-04
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