First the revolution in Tunisia now in Egypt with large demonstrations through out North Africa and the Middle East.
People getting sick and tired of being enslaved by the oligarchs and the Multi-National Corporations.
I’ve come to have very little faith in American main stream media, considering how even the New York Times, the paper I’ve always considered the best in the nation sold us on the war in Iraq.
There is so much going on. I read the Guardian UK, Al Jazeera, BBC and news sites like Raw Story to get the news as it unfolds.
The headlines that jumped out at me yesterday were:
(File this one under: He’s a dictator, but he is our dictator.)
Israel Shaken as Turbulence Rocks an Ally
By ETHAN BRONNER
Published: January 30, 2011
JERUSALEM — The street revolt in Egypt has thrown the Israeli government and military into turmoil, with top officials closeted in round-the-clock strategy sessions aimed at rethinking their most significant regional relationship.
Israel’s military planning relies on peace with Egypt; nearly half the natural gas it uses is imported from Egypt; and the principle of trading conquered land for diplomatic ties began with its 1979 peace treaty with Egypt. Prime Minister Benjamin Netanyahu has met with President Hosni Mubarak of Egypt more than with any other foreign leader, except President Obama. If Mr. Mubarak were driven from power, the effect on Israel could be profound.
“For the United States, Egypt is the keystone of its Middle East policy,” a senior official said. “For Israel, it’s the whole arch.”
The official spoke on the condition of anonymity because Mr. Netanyahu has ordered his ministers and their officials to stay publicly silent on Egypt while events there play out.
Continue reading at: http://www.nytimes.com/2011/01/31/world/middleeast/31israel.html?_r=1&hp
US, Europe fear Arab revolt ‘contagion’: analysts
By Agence France-Presse
Sunday, January 30th, 2011
PARIS — The United States and Europe are raising pressure for democratic reform in Egypt but face a tricky task amid fears that the violent unrest there could spread far beyond its borders, analysts say.
The United States on Sunday raised pressure on Egypt’s long-time President Hosni Mubarak, its closest ally in the Arab world, to make reforms. Secretary of State Hillary Clinton called for an “orderly transition” to democracy.
Denis Bauchard of the French International Relations Institute (IFRI) said US President “Barack Obama has taken the lead, calling for political reform, without sparing Mubarak, and that’s quite smart.”
Clinton went further on Sunday, saying that Mubarak’s move to name his first ever vice-president and a new premier was not nearly enough to answer the concerns of his people.
“We’re trying to promote an orderly transition and change that will respond to the legitimate grievances of the Egyptian people which the protests are all about,” Clinton told CBS television news.
Continue reading at: http://www.rawstory.com/rs/2011/01/europe-fear-arab-revolt-contagion/
Egypt protests draw mixed reaction in region
January 29, 2011
Abu Dhabi, United Arab Emirates (CNN) — Saudi Arabia slammed protesters in Egypt on Saturday as “infiltrators” who seek to destabilize their country, while a a top Palestinian official affirmed “solidarity” with Egypt.
An official in Iran called on Egypt to “abide by the rightful demands of the nation” and avoid violent reactions.
And in Israel, a member of the Knesset, or parliament, described a recent conversation with Egyptian President Hosni Mubarak that suggested that Mubarak had been expecting — and preparing for — the wave of unrest that has engulfed Egypt, the most populous Arab nation.
Leaders across the Middle East were following events in Egypt with rapt attention Saturday, aided in that endeavor by saturation coverage on Arabic television networks such as Al-Jazeera. Many are on edge after protests in Algeria, Jordan and Yemen following unrest in Tunisia that forced that country’s president from office after two decades in power.
In Saudi Arabia, the turmoil in Egypt rattled investors as the nation’s stock market lost over 6% of its value Saturday.
US calls for ‘orderly transition’
January 30, 2011
International reaction to the ongoing protests in Egypt has been mixed, with Barack Obama, the US president, voicing support for an “orderly transition” in Egypt in phone calls with foreign leaders.
Obama spoke by phone on Saturday with Saudi Arabia’s King Abdullah, Recep Tayyip Erdogan, Turkish prime minister and Binyamin Netanyahu, Israel’s prime minister. He also spoke to David Cameron, British prime minister, on Sunday.
“During his calls, the president reiterated his focus on opposing violence and calling for restraint; supporting universal rights, including the right to peaceful assembly, association, and speech; and supporting an orderly transition to a government that is responsive to the aspirations of the Egyptian people,” the White House said.
Meanwhile, Al Jazeera’s Rosalind Jordan, reporting from Washington DC, said that Hillary Clinton, US secretary of state, would “not favour any transition to a new government where oppression … would take root.”
It’s unclear if that includes if such a government would, in the US’s view, include the Muslim Brotherhood party.
Jordan noted that in making the rounds on Sunday television shows, Clinton sidestepped the question of whether Mubarak would be given asylum in the US or in another allied country.Clinton also pressed Mubarak to ensure that the coming elections are free and fair and to live up to his promises of reform but insisted Egypt must avoid a result like that of Iran, which she called a “faux democracy.”
Continue reading at: http://english.aljazeera.net/news/middleeast/2011/01/201113014218302425.html
Egypt condemned for blocking media
January 31, 2011
International press institutes have come out strongly against Egyptian authorities’ suppression of the media, following the withdrawal of Al Jazeera’s license to broadcast from the North African country.
The Committee to Protect Journalists (CPJ) condemned on Sunday the information ministry’s move to shutdown Al Jazeera’s bureau in the country.
The CPJ described the move as an attempt to “disrupt media coverage by Al Jazeera and calls on them to reverse the decision immediately”.
The official Middle East News Agency (MENA) reported that the order was to take effect on Sunday, and transmissions originating from Egypt ceased within an hour of the announcement. Nilesat, the satellite transmission company owned by Egyptian radio and television stopped the transmission of Al Jazeera’s primary channel and others.
Reporters without borders added to the condemnation of Egyptian authorities attempt to quell the media.
“By banning Al Jazeera, the government is trying to limit the circulation of TV footage of the six-day-old wave of protests,” Reporters Without Borders secretary-general Jean-François Julliard said.
Continue reading at: http://english.aljazeera.net/news/middleeast/2011/01/201113023414787871.html
From The New York Times: http://www.nytimes.com/2011/01/31/business/global/31markets.html?hp
Unrest in Egypt Unsettles Global Markets
By NELSON D. SCHWARTZ
January 31, 2010
On Wall Street, it is what is known as an exogenous event — a sudden political or economic jolt that cannot be predicted or modeled but sends shockwaves rippling through global markets.
Investors have largely shrugged off several of these unexpected developments recently, including the sovereign debt crisis in Europe, but the situation in Egypt has the potential to cause more widespread uncertainty, especially if oil and other commodities keep surging or the unrest spreads to more countries in the Middle East.
While Egypt’s banks and stock market were closed because of the protests there, other Middle Eastern markets declined in trading Sunday, with shares falling by 4.3 percent in Dubai, 3.7 percent in Abu Dhabi and 2.9 percent in Qatar.
By early Monday morning, Asian markets were also trending lower, with Japan’s Nikkei index falling 1.5 percent, while in South Korea, the Kospi index slid 1.4 percent.
Last week, the Dow Jones industrial average nearly surpassed the closely watched 12,000 level, but fell 166 points in late trading Friday as the protests in Egypt intensified and oil prices jumped 3.7 percent to $89.34.
With the United States economy seeming to gain a foothold only recently — government data released Friday showed the economy grew by 3.2 percent in the fourth quarter of 2010 — a sustained increase in oil prices could choke growth, analysts said. It could also undermine the more general optimism that lifted the Standard & Poor’s 500-stock index by 1.5 percent in January, after a 12.8 percent jump in 2010.
Continue reading at: http://www.nytimes.com/2011/01/31/business/global/31markets.html?hp