28 May 2011

This is Tahrir Square... yesterday

Yes. It is the afternoon of 27 May 2011... And Cairo's Tahrir Square is filling up with thousands of Egyptians in what organisers called a "Second Revolution".

Why? Because "people do not see any change," according to one volunteer. "The only change we see is that the Mubarak metro station has been changed to the Martyrs station."

Meanwhile packs of international financiers are licking their chops... On Thursday, 26 May, the International Monetary Fund (IMF) estimated in a report to the G8, that "external financing" needs of oil-importing countries in the Middle East and North Africa will exceed $160 billion over the next three years - and that donor countries must step in to help.

The IMF has announced it is ready to lend about $35 billion to "stabilise" economies of countries such as Egypt, Jordan, Lebanon, Morocco, Tunisia, and Syria who are facing surging food and energy prices.

The same week, the World Bank said they want “to help the people there and seize the opportunities of historic change to modernize their economies and build more open and inclusive societies.”

Apparently, they want nothing to "undermine the transition to democracy".

Aw, how considerate of them...

So when is the Nile scheduled to be privatised? And are the pyramids going as a package deal?

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