Interpreting Middle East Economic News and Analyzing Market Trends

Egypt’s Sisi says America “turned its back on Egypt,” but maybe he’s the one with his back turned

Egypt's Sisi

Egypt’s photogenic coup leader, Gen. Abdulfattah Al-Sisi, is not pleased with America’s cold shoulder towards him.  I guess he was hoping for a “thank you” note from Barack Obama for getting rid of the Brotherhood.  America is doing the right thing by not slapping the general on the back for ousting an elected president. 

 

Gen Sisi is Egypt’s most powerful man after his troops removed President Morsi from office last month but he has presided over waves of violence between the military and the ousted Islamist president’s supporters.

In an interview with the Washington Post he appeared to blame the instability on the White House, saying: “You left the Egyptians. You turned your back on the Egyptians and they won’t forget that.”

The US has tread a cautious line since Gen Sisi’s forces rolled into Cairo on July 3.

It has refused to call his actions “a coup” and continued payments of the $1.3 billion (£850 million) of aid it gives to Egypt each year. However, the US has also criticised the army for arresting Mr Morsi and hundreds of other Muslim Brotherhood leaders and halted the sale of four F-16 fighter jets.

Gen Sisi demanded that the US recognise his actions as those of “a free people who rebelled against an unjust political rule”.

He claimed his officers had no choice but to depose the government, saying: “I expected if we didn’t intervene, it would have turned into a civil war.”

Read the full story from The Telegraph.

 

Wasn’t one of the objectives of the revolution to bring democracy to Egypt?  Well, they got democracy only to give in a year to work then celebrated a military coup.  The near future is not bright for Egypt. Economically it’s already a mess and it’s going to get much worse.