Kerry offers $450 million to rescue Egyptian economy

By LUIS MIRANDA | THE REAL AGENDA | MARCH 4, 2013

Shortly before ending his first visit to Cairo, the new Secretary of State of the United States, John Kerry, said that in his meeting with President Mohamed Morsi he pledged to provide 450 million dollars (350 million euros) in aid to the Arabic country. With various regions declared in default, the government and the opposition unable to resolve their differences, and an economy on the brink of bankruptcy, the troubled Egyptian transition is going through one of its most delicate phases.

In a statement, Kerry linked financial assistance to the promise of the Islamist President to accelerate negotiations to close a loan with the International Monetary Fund (IMF) worth 4,800 million dollars. “In light of the dire need and confirmation of President Morsi who aims to complete the process with the IMF, the U.S. will now provide the first $190 million of our promise of $450 million in budget support”, read the text.

As we have already informed readers, the so-called Arab Spring was simply an attempt to seize non-aligned nations to bring them under the debt-based system that governs most of the world. Egypt is the first nation to succumb under the IMF plan to further destroy economies as it did with other third wold nations. The IMF plans to destroy economies was revealed by former insider, Joseph Stiglitz and reported on by investigative journalist Greg Palast.

The funds lent by the U.S. are said to come as rain in May for the Egyptian public coffers. The most populous Arab country has a soaring budget deficit exceeding 10%, and foreign exchange reserves have reached a critical level. Kerry described the aid as “a good faith effort to encourage reforms and help the Egyptian people at this difficult time.” But in reality, the loan is a down payment to guarantee American rights to exploit Egypt for all it has gotten.

During the past two months, the Egyptian pound has depreciated by 10%. If the country does not increase its foreign reserves soon, Egyptians believe the country will face a sharp devaluation of its currency, which could cause a social explosion. Egypt is the largest importer of wheat in the world, so a slump in the Egyptian pound would lead to a price increase of basic products such as bread. The decay of the Egyptian economy, just as it has been done with many other third world and developing nations is part of the calculated, preplanned and controlled destruction orchestrated by the IMF.

Besides a battered economy, Egypt suffers a serious political and social stability, as Kerry could experience in his own flesh. His departure from Cairo had to be delayed about two hours because a group of amateur football club fans of Ahly blocked the road leading to the airport. The action was intended to pressure the court which issued a verdict on the slaughter of Port Said Stadium, which resulted in the death of  74 fans. It is important to remember that Egypt’s current situation is a result of Western interventionism, after countries such as the United States and a handful European powers fully supported the overthrow of their former puppet Hosni Mubarak. The same script was followed later in Libya and is now being used in Syria.

Protests in Port Said are not new. In fact, the city has become the epicenter of a recent wave of protests. Yesterday clashes escalated  between police and protesters, leaving three civilians and two policemen dead and hundreds wounded, according to the Egyptian Ministry of Health. The port city has been experiencing a general strike for the past two weeks as a result of police brutality that claimed the lives of 40 people back in in late January.

The new head of U.S. diplomacy tiptoed by the country’s internal political conflict. “Clearly, we need to work harder and make compromises to restore unity, political stability, and good health of the Egyptian economy,” Kerry said at the end of a visit that has had a busy schedule. Besides President Morsi, the former senator met with the army chief, the Foreign Minister and representatives from the opposition and civil society.

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The American Wars that Kill Americans

By LUIS MIRANDA | THE REAL AGENDA | SEPTEMBER 13, 2012

The lifeless body of U.S. Ambassador Christopher Stevens.

Although the killing of the U.S. Ambassador to Libya might be a direct response to an offensive film produced in the United States, the truth is that the real reason for the violence in Libya is not the film itself, but the United States’ increasingly oppressive foreign policy towards the Middle East in an effort to set the region on fire.

Balkanization to divide and conquer has been the official American policy for many years, as stated in official US government documents.

The attack against the Americans took place in the city of Benghazi, a well known al-Qaeda power center, where alleged al-Qaeda gunmen who belong to Ansar al-Sharia carried out the attack on the Americans, captured the American ambassador and his staff before, paraded them on the streets, lynched them — Gaddafi style — and then killed them.

“The American ambassador and three staff members were killed when gunmen fired rockets in their direction,” said a Libyan official. The same al-Qaeda forces that are responsible for the killing of the ambassador are the ones recently supported by the United States and NATO in their attempt to destabilize Libya.

As reported by various news agencies, al-Qaeda led militias established themselves in Libya back in 2011, before launching multiple attacks against the Gaddafi regime in February of 2011. The core of the terrorist groups supported by the West were headed by a former Guantanamo Bay prisoner, reports Infowars.com.

News agencies like the Associated Press, Reuters and Agence France Presse have all reported about the financial and military support provided by the U.S. to Gaddafi opposition groups in Libya. Many if not all of those groups were al-Qaeda affiliates in the country or groups of armed militias that infiltrated the country from neighboring nations.

At the moment, Libya, Syria and Iran are infested with tribal lords, guerrilla groups and terrorist groups backed by the U.S. government and directly operated by the CIA and other western intelligence agencies. As mentioned by American white papers, the official U.S. policy is to destabilize countries that are not aligned with western imperialist policies.

As Barack Obama warns the world that the murder of the Ambassador will not go unpunished, the truth is that his death will work as an propaganda instrument to push for more American aggression in the region. As of now, the United States has launched drones over Libya in an attempt to “hunt” those who captured and killed Ambassador Stevens.

The same policy used in the Balkans, Iraq, Afghanistan and Somalia, among others, is now being implemented in Libya, Syria and Iran, where intelligence agencies back local government opposition groups to promote conflict, murder innocent people and later call for an armed intervention by NATO or to support United Nations’ resolutions to invade and execute ‘humanitarian’ attacks on the population.

Do not expect the United States to withdraw its forces or rethink its murderous foreign policy abroad. The country will continue to execute their attacks on more nations in the Middle East and Africa to force the fall of more governments and to ‘light up more fires’ that render the West more power and more resources in those regions.