Egypt: Morsi under house arrest, new president to be sworn in

July 4, 2013

Morsi_under_house

Cairo, Jul 4: Egypt's army was holding ousted President Mohamed Morsi at a military facility in Cairo on Thursday and other Muslim Brotherhood leaders were arrested in a crackdown on the movement that won several elections last year.

The United Nations, the United States and other world powers did not condemn Morsi's removal as a military coup. To do so might trigger sanctions. Army intervention was backed by millions of Egyptians, including liberal leaders and religious figures who expect new elections under a revised set of rules.

But as vast crowds partied on Cairo's Tahrir Square, hailing a "second revolution" to match the overthrow of Hosni Mubarak in 2011, Islamists feared a clampdown that revived memories of their sufferings under the old, military-backed regime. At least 14 people were killed and hundreds wounded in street clashes.

Television stations sympathetic to Morsi were taken off air. Morsi himself was transported to the Defence Ministry, Brotherhood spokesman Gehad El-Haddad said. His aides were being held at the Republican Guard barracks where he spent his final day in office defying calls for him to resign but unable to forestall an ultimatum from the generals.

The fall of the first elected leader to emerge from the Arab Spring revolutions raised questions about the future of political Islam, which only lately seemed triumphant. Deeply divided, Egypt's 84 million people find themselves again a focus of concern in a region traumatised by the civil war in Syria.

Straddling the Suez Canal and a key piece in the security of Israel, many powers have an interest in Egypt's stability.

The army put combat troops and tanks on the streets around a gathering of hundreds of Morsi's supporters in Cairo. The military said it would keep order. Morsi called for there to be no violence.

Countdown

The clock started ticking for Morsi when millions took to the streets on Sunday to demand he resign. They accused his Brotherhood of hijacking the revolution, entrenching its power and - critically for many - failing to revive the economy.

That gave armed forces chief General Abdel Fattah al-Sisi, who already had his own reservations about the state of the nation under Morsi, a justification to invoke the "will of the people" and demand the president share power or step aside.

The United States and other Western allies had also pressed Morsi hard to open his administration to a broader mix of ideas.

Morsi railed on television about his electoral legitimacy. He called his liberal opponents bad losers, in league with those secretly still loyal to Mubarak. He pledged his life. Aides said he would prefer to "die standing like a tree." Liberal leaders said he was "losing his mind" and met to agree on a plan with Sisi.

What was unveiled by the general, in full uniform, flanked by politicians, officers and clergy, was a road map to wipe clear a slate of messy democratic reforms enacted since Mubarak fell. The constitution was suspended. The constitutional court chief justice, Adli Mansour, will be sworn in to replace Morsi at 10am (0800 GMT).

A technocratic interim government will be formed, along with a panel for national reconciliation. The constitution will be reviewed. And presidential and parliamentary elections arranged.

There was no timetable. Liberal chief negotiator Mohamed ElBaradei, a former UN nuclear agency chief, said the plan would "continue the revolution" of 2011. Many hope they can have more electoral success than last year, when the Brotherhood's organisation dominated the elections.

Its own ability to fight back democratically may be limited by the arrests of its leaders. They face accusations of inciting violence. Morsi may also face charges. His opponents accused him this week of fomenting "civil war" by defying Sisi's ultimatum.

The state newspaper said arrest warrants had been issued for 300 Brotherhood members.

Reaction

United Nations Secretary-General Ban Ki-moon urged a swift return to civilian rule, restraint and respect for civil rights.

He did not, however, condemn the military action. He said: "Many Egyptians in their protests have voiced deep frustrations and legitimate concerns ... At the same time, military interference in the affairs of any state is of concern."

US President Barack Obama, whose administration provides $1.3 billion a year to the Egyptian military, expressed concern about Morsi's removal and called for a swift return to a democratically elected civilian government. But he, too, stopped short of condemning a military move that could block US aid.

"During this uncertain period, we expect the military to ensure that the rights of all Egyptian men and women are protected, including the right to peaceful assembly, due process, and free and fair trials in civilian courts," he said.

Obama urged the new authorities to avoid arbitrary arrests and said US agencies would review whether the military action would trigger sanctions on aid. A senator involved in aid decisions said the United State would cut off its financial support if the intervention was deemed a military coup.

Much may depend on a strict definition of "coup." Concerns over human rights have clouded US relations with Cairo, but did not stop aid flowing to Mubarak, or to Morsi.

The European Union, the biggest civilian aid donor to its near neighbour, also called for a rapid return to the democratic process. Foreign policy chief Catherine Ashton said in a statement that should mean "free and fair presidential and parliamentary elections and the approval of a constitution."

She stressed the need for inclusive politics but did not mention the constitution and elections already held in the past two years, whose results the armed forces have now cast aside.

Youth

Sisi said: "Those in the meeting have agreed on a road map for the future that includes initial steps to achieve the building of a strong Egyptian society that is cohesive and does not exclude anyone and ends the state of tension and division."

Reflecting the hopes of the "revolutionary youth" who led the charge against Mubarak, only to see the electoral machine of the Brotherhood dominate the new democracy, the young man who proved Morsi's extraordinary nemesis said the new transitional period must not repeat the mistakes of the recent past.

"We want to build Egypt with everyone and for everyone," said Mahmoud Badr, a 28-year-old journalist who first had the idea two months ago for a petition calling on Morsi to resign. By last weekend, the "Tamarud - Rebel!" movement was claiming 22 million backers, many of whom were on the streets on Sunday.

Morsi's overthrow may have repercussions in Tunisia, whose uprising prompted Egyptians to take on Mubarak, the last in a 60-year line of military-backed rulers. Tunisia now has its own "Tamarud" movement, seeking to end Islamist government.

On Tahrir Square, cradle of Egypt's January 25 revolution in 2011, huge crowds in the hundreds of thousands set off fireworks and partied, chanting: "The people and the army are one hand!"

The past four days have seemed to many like a fast-motion rerun of the 18 days that brought down Mubarak, when the army that had long backed him realised his time was up.

In addition to three TV channels that went off air, including one owned by the Brotherhood, the authorities arrested a staffer at Egypt's Al Jazeera Mubasher, owned by the Gulf state of Qatar. The emirate is seen as close to the movement.

Saudi Arabia, in contrast, has long been suspicious of the Brotherhood's international ambitions. King Abdullah sent a message of congratulations to the man replacing Morsi. The United Arab Emirates also welcomed the change in Cairo.

Oil prices initially rose on fears that unrest in Egypt could destabilise the Middle East and lead to supply disruption but prices retreated after the army toppled the president.

With Egypt's economy left ragged by the unrest of the past two and half years, Morsi had been helped by gifts and loans from Qatar. The new authorities may hope for help from other quarters. Notably, an IMF loan has long been stalled.

The official spokesman of the Muslim Brotherhood said supporters were willing to become martyrs to defend Morsi.

But the Brotherhood also has an 85-year history of survival and may take a long view of whether it is better to draw in its horns and watch others try to reform Egypt's sclerotic economy.

A Brotherhood official, Gamal Heshmat, said: "There is absolutely no direction towards violence. The Brotherhood are not raised on violence. Their cause is a peaceful one, defending their rights, which is stronger than a military coup."

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News Network
March 16,2020

Cairo, Mar 16: Saudi crown prince Mohammed bin Salman said G20 summit will work to combat coronavirus and coordinate efforts to ease its economic burdens, state news agency SPA said on Sunday.

In a phone call with British Prime Minister Boris Johnson, Salman discussed international efforts to fight the flu-like disease, saying the next G20 summit, which will be hosted by the Kingdom, will work on finding medical solutions, SPA added.

The G20 Summit is an annual gathering of representatives of the world's largest economies.

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News Network
June 12,2020

Beirut, Jun 12: Angry Lebanese protesters blocked roads across the country with burning tyres, debris and their vehicles, incensed over the local currency's depreciation by more than 25 percent in just two days.

The demonstrations from northern Akkar and Tripoli to central Zouk, the eastern Bekaa Valley, Beirut and southern Tyre and Nabatieh on Thursday were some of the most widespread in months of upheaval over a calamitous economic and financial crisis.

Protesters set ablaze a branch of the Central Bank, vandalised several private banks and clashed with security forces in several areas. At least 41 people were injured in Tripoli alone, according to the Lebanese Red Cross.

"I'm really pissed off, that's all. If politicians think they can burn our hearts like this the fire is going to reach them too," unemployed computer engineer Ali Qassem, 26, told Al Jazeera after pouring fuel onto smouldering tyres on a main Beirut thoroughfare.

Tens of thousands of Lebanese have lost jobs in the past six months and hundreds of businesses have shuttered as a dollar shortage led the Lebanese pound to slide from 1,500 to $1 last summer - where it was pegged for 23 years - to roughly 4,000 for each US dollar last month.

But the slide turned into a freefall between Wednesday and Thursday when the pound plummeted to roughly 5,000 to $1 on black markets, which have become a main source of hard currency. There was widespread speculation the rate hit 6,000 or even 7,000 pounds to the dollar, though most markets stopped trading.

Protesters began amassing on streets across the country before sunset and increased into the thousands across the country as the night fell.

Prime Minister Hassan Diab cancelled all meetings scheduled for Friday to hold an emergency cabinet session at 9:30am and another at 3pm at the presidential palace to be headed by President Michel Aoun.

The pound's collapse is the perhaps the biggest challenge yet for Diab's young cabinet, which gained confidence in February after former prime minister Saad Hariri's government was toppled by an unprecedented October uprising that had the country's economic crisis at its core.

Economy Minister Raoul Nehme told Al Jazeera that there was "disinformation" being circulated about the exchange rate on social media and said he was investigating possible currency manipulation.

"I don't understand how the exchange rate increased by so much in two days," he said.

Many protesters have pitted blame on Central Bank governor Riad Salameh, nominally in charge of  keeping the currency stable. But they have also called on the government to resign.

"If people want reform between dawn and dusk, that's not going to work, and if someone thinks they can do a better job then please come forward," Nehme said.

"But what we can't have is a power vacuum - then the exchange rate won't be 5000, it'll be a catastrophe."

'Everyone paying the price'

When protesters set a large fire in Beirut's Riad al-Solh Square, which lies at the foot of a grand Ottoman-era building that serves as the seat of government, firefighters did not intervene to extinguish it.

It later became clear why: Civil Defence told local news channel LBCI they had run out of diesel to fuel their firetrucks.

Basic imports such as fuel have been hit hard by the currency crisis, making already-weak state services increasingly feeble.

A half-dozen or so police officers with Lebanon's Internal Security Forces observed the scene unfolding in front of them in the square.

"Why do you destroy shops and things and attack us security forces - do you think we're happy? Go and f****** break that wall or go to the politicians' houses," one police officer told Al Jazeera, referring to a large concrete barrier separating protesters from the seat of government.

"In the end we are with you and we want the country to change. Don't you dare think we're happy. My salary is now worth $130," the officer said.

The currency's spectacular fall seems to have pushed many Lebanese to put common interests above their differences.

Large convoys of men on motorbikes from Shia-majority areas of southern Beirut joined the demonstrations on Thursday, though they have clashed with protesters many times before - including at a protest on Saturday.

Some chanted sectarian insults, leading to brief clashes in areas that were formerly front lines during the country's devastating 15-year civil war.

Instead, the motorbike-riding demonstrators on Thursday chanted: "Shia, Sunni, F*ck sectarianism."

"We are Shia, and Sunnis and Christian are our brothers," Hisham Houri, 39, told Al Jazeera, perched on a moped with his fiancee behind him just a few metres from a pile of burning tyres.

The blaze sent thick black smoke into the sky towards an iconic blue-domed mosque and church in downtown Beirut.

"Politicians play on these sectarian issues and sometimes succeed, but in the end, they'll fail because all the people have been hurt," he said. "The dollar isn't just worth 6,000 for Shias or for Sunnis, everyone is paying that price."

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Arab News
March 9,2020

Dubai, Mar 9: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to sustain crude at relatively high levels for the past three years.

There were big falls on Friday when ministers from the Organization of the Petroleum Exporting Countries (OPEC) failed to get a deal with non-OPEC members — the so-called OPEC+ — to extend output agreements. Brent oil was down nearly 10 percent at $45.27 going into the western weekend.

Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end.

According to a notification sent to customers by Saudi Aramco, seen by Arab News, the Kingdom’s oil giant will cut between $4 and $8 per barrel, with the biggest discounts being offered to buyers in northwest Europe and the US.

Roger Diwan, an oil analyst at consultancy IHS Market, said: “We are likely to see the lowest oil prices of the past 20 years in the next quarter.”

West Texas Intermediate, the US oil benchmark, fell to $28.27 in November 2001.

The move raises the possibility of a “crude war” between the three biggest oil blocs — the US, Russia and the Arabian Gulf. Some analysts believe the American shale industry is more vulnerable to low prices than either the Russians or the Saudis.

Robin Mills, head of the Qamar consultancy, told Arab News: “I don’t think this was premeditated but Saudi Arabia has clearly swung quickly into action to put the Russians under pressure. But the Russians, with low debt and a flexible exchange rate, can cope with a few months of low prices.”

The boom in US shale has made the country the biggest oil producer in the world, but with high financing costs. Lower global prices would put a lot of shale companies out of business.

On the other hand, American motorists, and President Donald Trump, would be pleased to see lower fuel prices in an election year.

In Moscow, one prominent financier with ties to the Kingdom played down the long-term significance of the Vienna fallout.

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told Arab News: “Saudi Arabia is our strategic partner, and cooperation between our two countries will continue in all areas. We will also continue to work within the framework of the Russia-Saudi Economic Council.”

One Russian official, who asked not to be named, added: “There is a good relationship between Alexander Novak, Russian energy minister, and his Saudi counterpart Prince Abdul Aziz bin Salman, and I am sure they will continue talking to each other less formally.”

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