Ever since assuming the office of the Presidency, Morsi has worked resolutely to portray himself as a moderate Islamist working independent of American influence for the betterment of Egypt and the region. But beneath the veneer of Islamic rhetoric surrounding his domestic and foreign policy actions, Morsi is no better than his predecessor Mubarak— the former gatekeeper of American interests in the region.
As Israel continues to bombard Gaza indiscriminately, Egyptian-Israeli relations are once again in the spotlight. The Egyptian-Israeli peace treaty, in place since 1979, has come under intense pressure ever since the Muslim Brotherhood’s (MB) Mohamad Mursi became president of Egypt, earlier this year. The treaty has been the bedrock of Israeli national security, securing Israel’s southern border, allowing it to redeploy troops elsewhere. With the agreement in place it meant the national security of Israel was no longer in question as Egypt, the only real Arab power in the region, was no longer viewed as an enemy.
President Obama’s comment last Wednesday in which he stated that his administration does not consider Egypt as an ally, had many political analysts scrambling to unravel its meaning and what effect it had on the relations between the two countries. Many questions were asked about the purpose of the president’s comment. Has there been a shift in US foreign policy towards Egypt? Is the US trying to apply pressure to further increase its grip on Egyptian affairs?
Last week, Morsi's government officially begged the IMF for a $4.9 billion loan. Egypt's Prime Minister, Hesham Qandil described the 5 year loan to be paid back with 1.1% rate as a good deal for the country. The Prime Minister appeared live on Egypt's state television in a desperate bid to justify the loan not by explaining its benefits to the people, as he knows very well that the IMF is an international vampire that sucks the blood of the people, strengthens the economy of the Western powers and props up rulers allied to the West. Instead, he chose to emphasize that Egypt would somehow have the upper hand over the IMF in how the money is to be spent. He said, "It is Egypt that will mainly have the authority when it comes to how these funds will be spent." However, he was unable to conceal the truth and in his follow on statement, he contradicted himself and exposed one of IMF's stipulated conditions, which is to force Morsi's government to cut spending related to looking after the affairs of the Egyptian people. He said," It is an Egyptian programme that will work on cutting and spending and adopting certain other measures." Fearing backlash, Qandil intentionally chose not to elaborate on the other draconian measures. It is well known that such measures include: increase in taxes, price hikes on essential items, and further loans from other institutions.
CAIRO — The Egyptian government on Wednesday requested a $4.8 billion loan from the International Monetary Fund, in the country’s latest attempt to secure financing for an economy badly damaged by political upheaval since the fall of President Hosni Mubarak.
Egypt’s prime minister, Hesham Qandil, said that he hoped to reach an agreement with the International Monetary Fund by December.
Yesterday evening, the Egyptian President issued some important and eye-catching decisions; most prominent among them was the superannuating of the Field Marshal Tantawi and his deputy Fariq Annan, the Chief of General Staff... These decisions have come at a time when there is intensifying the military actions in Sinai against (the insurgents), and are rising the police raids of the houses, arresting the suspect. Also, the vehicles are flocked in so as to close the tunnels, thereby tightening the siege upon the besieged!
Mohamed Morsi was sworn in as the president of Egypt on Saturday 30th June 2012.
This was a unique moment in the recent history of Egypt for a number of reasons. Firstly Morsi was elected by the people, something none of his predecessors can claim. He is also the first civilian leader in the country's recent history. His party the Muslim Brotherhood (MB) has been working for change for over eight decades, Mohamed Morsi now takes the premier seat in arguably one of the most influential and powerful countries in the region if not the Muslim world.
On Friday 24 June 2012, the Egyptian presidential election committee announced the victory of the candidate Mohamed Morsi over Ahmed Shafik. The committee announced that, "Mohammad Morsi is the new President of the Arab Republic of Egypt." The first principle statement made by the new president is his call for the democratic civil state and he declared that Egypt agrees to abide with its international agreements, and under its cover, of course, is the abiding by the Camp David agreement, a treacherous agreement that recognizes the Jewish occupation of the land of الإسراء والمعراج (Isra'a and Miraaj), the blessed land of Palestine.
Almost eighteen months after the downfall of Mubarak, America through her loyal agents in the Supreme Council of the Armed Forces (SCAF) has effectively scuttled the Egyptian revolution and disarmed the Muslim brotherhood. By doing so, the US has successfully managed to keep the regime intact minus a few missing faces.