Archive for January, 2011

Saudi Stock Market falls 6.4% over Egypt events

After mostly shrugging off the political upheavals in North Africa in recent weeks, the Saudi stock market finally took fright on Saturday, with the key index dropping 6.4% on concerns about Friday’s dramatic events in Egypt. (more…)

Hariri: Saudi-Syrian deal is part of the past

Outgoing Prime Minister Saad Hariri on Saturday said that the “the Saudi-Syrian compromise and all that is related to it is now part of the past,” according to a statement issued by the premier’s office. (more…)

Oghassabian: No answers received from Mikati so far

Caretaker Minister Jean Oghassabian a key March 14 official told Future TV: We haven’t received any answers to the questions we asked Miqati. It’s good that he didn’t consider them as impossible, but it’s interesting that he said that the March 8 camp’s demands were the exact opposite. (more…)

Mikati briefs Suleiman on government talks

Lebanon’s premier-designate Najib Mikati on Saturday briefed President Suleiman on his talks on forming a new government, set to be boycotted by outgoing prime minister Saad Hariri.
Mikati, backed Hezbollah and its March 8 allies , was appointed last Tuesday by president Michel Suleiman as PM-designate to form and head the next [...]

March 14 decides to boycott Mikati’s government

According to informed sources the March 14 leaders met Friday evening and decided not to participate in any shape or form in the new government of PM Designate Nagib Mikati . The decision was reportedly attributed to the undemocratic way Mikati was appointed, and specially because of the threats and pressure against MP Walid Jumblatt and his bloc (more…)

Obama calls on Egypt to bring back the Internet, social media

US President Obama called on Egypt to bring back the Internet and access to social media websites such as Facebook and Twitter that have been suspended this week by the government there. (more…)

Egypt: Multinational firms assess impact of unrest

Multinational companies with operations in Egypt told some workers to stay home, struggled with disrupted phone service and assessed the impact as unrest mounted. (more…)

MP Hout: If Hezbollah is innocent, it should accept STL indictments

Beirut MP Imad Hout, an official with Al-Jamaa al-Islamiya urged Prime Minister-designate Najib Mikati to precede the formation of a cabinet by leading a dialogue between rival factions to agree on  a common plan to form a government of true national unity, if this fails,  Hout said he had asked Mikati to form a cabinet of technocrats with no political affiliations, to deal with  the cost-of-living and infrastructure problems. (more…)

Analysis: U.S. must choose sides in Egypt

It’s time for the United States to choose as an entire generation of Arabs is watching this drama play out on the streets of Cairo

Analysis: If Egypt falls, Syria must follow

The fall of Syria might save Egypt from a possible takeover by the Mullahs.

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