Alex analyses the developments in Egypt of the last period and gives his vision on the way forward.

President Morsi – History

As the world’s largest importer of wheat, Egypt under Mubarak was in no unlikely position to experience unrest when the global market price of this vital resource and over-speculated commodity exploded from $157 p.mT in June 2010 to $354 p.mT by May 2011. The rising inequality of income and living between the majority of Egyptian working people and the propertied and privileged classes of the country, “all continue to overtax resources and stress society,” as the CIA World Factbook warningly noted in 2010. Read the rest of this entry →