DEBKAfile Exclusive Report March 4, 2013, 4:26 AM (GMT+02:00)
Visiting US Secretary of State John Kerry talked at length to Egyptian President Morsi in Cairo, Sunday, March 3, about Egypt’s calamitous economic straits, relations with Israel, democratization and essential reforms. Morsi nodded politely but, debkafile reports, was completely wrapped up in the ongoing plan he and the Muslim Brotherhood had hatched for Islamizing Egypt and seizing 100 percent of parliament in the next election – April or June. Washington warns that delay in coming to grips with the economic crisis would be suicidal.
DEBKAfile Exclusive Report February 22, 2013, 1:08 AM (GMT+02:00)
The Gulf rulers including Saudi Arabia refuse to spend a petrocent for bailing Egypt out of its economic morass since discovering that the ruling Muslim Brotherhood’s first priority is gaining 100 percent control of parliament and only then grappling with the economy.
DEBKAfile Exclusive Analysis July 26, 2012, 1:31 PM (GMT+02:00)
Israeli Prime Minister Binyamin Netanyahu and Finance Minister Yuval Steinitz are rightly using a necessary austerity package as a lever for getting the country on track for a war economy, without saying so. They avoid discussing the consequences and duration of the new measures because they can’t tell how long a war, which they believe may be close, will last or how it will end. debkafile estimates that they are quietly building a $25-30 strategic financial reserve for the worst-case scenario.