Wednesday, September 5, 2012

U.S. nears deal for $1 billion in Egypt debt relief: source | Reuters

Egypt's President Mohamed Mursi speaks with China's Vice President Xi Jinping (not pictured) during their meeting at the Great Hall of the People, in Beijing August 29, 2012. REUTERS/How Hwee Young/Pool
(There is nothing pro-democracy about Egypt these days, at least not according to our definition of democracy.  Sharia law is being instituted there, Christians are being crucified, and the Muslim Brotherhood is taking control of the country...their goal, a caliphate - not a democracy.  AW)


The Obama administration is close to a deal with Egypt's new government for $1 billion in debt relief, a senior U.S. official said on Monday, as Washington seeks to help Cairo shore up its ailing economy in the aftermath of its pro-democracy uprising.

U.S. nears deal for $1 billion in Egypt debt relief: source | Reuters

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