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New live thread: http://www.freerepublic.com/focus/news/2667337/posts |
Posted on 01/28/2011 9:14:48 AM PST by SE Mom
From FOX:
DEVELOPING: Loud explosions and gunfire were heard in the Egyptian capital of Cairo Friday, as protesters demanding the removal of President Hosni Mubarak defied a curfew, Al Jazeera reported. Egyptian television reports the ruling party headquarters in Cairo are on fire.
From TWITTER:
WashingtonPost: Clinton: We urge #Egypt authorities to allow peaceful protest, reverse unprecedented steps it has taken to cut off communications less than 20 seconds ago
The Rope-a-dope strategy in play?
Get ready, this thing will soon fester. Food shortages being reported, all sorts of potential for a real melt-down.
If Mubarak gives the order to “open fire” (unlikely) it will go into hyper drive. But more realistically, it will be a standoff for the next few days.
Thanks, NTI - I’m keeping one eye on that thread, too.. ;)
Thank You for the suggestion. I will attempt to follow the lead in posting likewise the next time. What is about to happen with Thee Thread (reference of mine) and if a new thread could this thread of yours (here) be the top link?
” Also- there might be a comment/post in the middle of a thread that seems apt- then I’d post the link, and the post # like this:
http://www.freerepublic.com/focus/f-news/2666065/posts
See post # 21 “
Mom, did you know that you can live-link directly to a downthread post??
Find the post # at the bottom-left of the post you want to reference...
Place your cursor over the post # and right-click, select “copy shortcut”...
Paste into your ‘reply’ screen —
hence: http://www.freerepublic.com/focus/news/2664888/posts?page=2699#2699
(One of the few ‘tricks’ that I know on FR....)
;)
Good points- and you’re right as I think about it- since the 90’s and the dotcom frenzies. After that it’s been more pure speculation than indicative- more trading for the sake of trading than investing.
WTH?? This can’t be good...
{this is a cross-post}
http://www.freerepublic.com/focus/f-news/2666146/posts
Israel agrees to some Egyptian troops in Sinai
Yahoo/AP ^ | 1/31/11 | JOSEF FEDERMAN
Posted on Monday, January 31, 2011 9:07:54 AM by EBH
Israeli officials said Monday that they have agreed to let Egypt move several hundred troops into the Sinai peninsula for the first time since the countries reached peace three decades ago.
With street protests threatening the Egyptian regime, the officials say that Israel allowed the Egyptian army to move two battalions — about 800 soldiers — into Sinai on Sunday. The officials said the troops were based in the Sharm el-Sheikh area on Sinai’s southern tip, far from Israel.
Under the 1979 peace treaty, Israel returned the captured Sinai to Egypt. In return, Egypt agreed to leave the area, which borders southern Israel, demilitarized. The arid peninsula lies between Egypt’s mainland and Israel, and Israel was worried about an Egyptian invasion then.
Now, as the unrest in Egypt has spread, Israeli officials have grown increasingly concerned about the stability of their southern neighbor. They are especially worried that Palestinian militants could take advantage of the unrest to smuggle weapons into the Gaza Strip through tunnels under the Egypt-Gaza border.
The Israeli officials spoke Monday about the troop movements on condition of anonymity because Prime Minister Benjamin Netanyahu has banned the government from discussing the situation in Egypt.
(Excerpt) Read more at news.yahoo.com ...
Not sure what we’ll do with “Thee Thread” yet- asked admin earlier to pop this thread back up to the top of Breaking News.
Don’t worry- we’ll ping you if we start a new one.
No Ike- it’s not good- though it MAY simply mean they’re all being cautious and thinking preparation is sometimes a deterrent...
Not being on the ground in Israel, Uncle Ike, I will have to trust those in Israel making the decisions. Otherwise, I haven’t a clue. Know this doesn’t help anyone looking at this. Decision is Israel’s, for I have to think there is a plan in place, although the fog is becoming thicker.
” although the fog is becoming thicker. “
Definitely in the running for “Comment of the Day”...
;)
Put me on the ping list please.
Thanks!
Yes, prayers answered. Thank you all. The kids landed in Amsterdam yesterday and are on their way to Minneapolis now. Busses are suppossed to transport them to Sioux Falls this afternoon. Unfortunatly, they may now have to contend with a blizzard when they land. At least they will be back in the greatest nation on Earth.
Thanks again for all the prayers, concern and support. FReepers are the best.
” and thinking preparation is sometimes a deterrent... “
Agreed, Mom...
It would seem to make more sense, to me, at least, if Israel were to allow Egypt to move troops into a long-standing DMZ - to be offset by an equal number of Israeli troops moving into the Northern Sinai...
The decision to violate a DMZ, or to allow such a violation, is not one to be taken lightly....
Thanking You for the wonderful news. I love wonderful news, it gives one a break, a much needed break when receiving the Good News. Thank You.
And the hits just keep on coming, folks...
{this is a cross-post}
http://www.freerepublic.com/focus/f-news/2666153/posts
Egypt’s limited reserves raise fears of financial crisis
Telegraph (UK) ^ | 11:57AM GMT 31 Jan 2011
Posted on Monday, January 31, 2011 9:24:53 AM by DeaconBenjamin
In the two working days after the protests erupted last Tuesday, which was a bank holiday, Egyptians and foreign investors transferred hundreds of millions of dollars out of Egypt, currency traders estimated.
The government had $36bn (£23bn) in foreign reserves at end-December, central bank figures showed. According to a note by Citigroup on January 27, it also had $21bn of additional assets with commercial banks at end-October - its so-called “unofficial reserves”.
These numbers suggest there is no immediate danger of a balance of payments crisis. But scenes of chaos at Cairo’s main airport on Sunday, as both foreigners and Egyptians tried to get flights out of the country, indicated outflows of money could reach damaging levels over the medium term.
Egypt has a financial war chest, “but the war chest is going to be depleted if this situation continues for several weeks rather than a few days,” said John Sfakianakis, chief economist at Banque Saudi Fransi.
“When markets begin to make bets against (the Egyptian pound), it will have a severe impact. The whole fiscal position of the Egyptian economy is going to be put to a very hard test if the violence, rioting continues for several weeks.”
Egypt is vulnerable to a reversal of large flows of foreign portfolio investment that have been attracted by high yields on domestic government debt. Barclays Capital estimated foreign holdings of Egyptian assets before the protests were close to $25bn, with roughly half held in Treasury bills and bonds.
But the damage from any extended disruption to tourism could be considerable; Egypt earned $11.59bn from tourism last fiscal year. It ran a current account deficit of $802m in the July-September quarter of 2010, and because of tourism the deficit is likely to be much higher in the current quarter.
(Excerpt) Read more at telegraph.co.uk ...
The Israeli’s have operatives all over the ME. There has to be some very heavy threat going on under the radar. I am still thinking that Iran is directly involved. They are posturing for some sort of political advantage here.
http://www.msnbc.msn.com/id/41347609/ns/world_news-mideastn_africa/
Mubarak forms Cabinet amid shouts of ‘Get out!’
‘This is a failed attempt — he is done with,’ one protester says
msnbc.com staff and news service reports
CAIRO — Egyptian President Hosni Mubarak swore in a new Cabinet on Monday, replacing one dissolved as a concession to unprecedented anti-government protests.
In the most significant change, the interior minister — who heads internal security forces — was replaced. A retired police general, Mahmoud Wagdi, was named to replace Habib el-Adly, who is widely despised by protesters for brutality shown by security forces.
Still, the new Cabinet is unlikely to satisfy the tens of thousands of protesters who have taken to the streets in cities across Egypt the past week demanding nothing short of the ouster of Mubarak and his entire regime.
As the unprecedented unrest in the Arab world’s most populous nation entered a seventh day, thousands of protesters poured into Cairo’s Tahrir Square chanting “Get out ... We want you out” and singing Egypt’s national anthem.
Soldiers looked on without taking action, which would have been inconceivable just a week ago.
“We don’t recognize any decisions Mubarak has taken since Jan. 25,” Mostafa el-Naggar, a supporter of prominent reform advocate Mohamed ElBaradei, referring to the first day of the protests. “This is a failed attempt — he is done with.”
[excerpt]
WTG God!!!!!
Whew- what a RELIEF! Thanks so much for the update:)
In reference to that this may be connected:
1615: Six Palestinian prisoners who broke out of prison in Egypt during the chaos there have reached the Gaza Strip, a prisoners’ family liaison group says, according to AFP - some using the illicit tunnels going under the border between Egypt and the Gaza Strip.
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