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Israelis should either stand by and watch, or attack Gaza or Sinai to maintain the current balance. The invasion of Sinai will fuel the flames of fire all across the Middle East, and any raid on Gaza won't go unanswered.
What is unfolding in Egypt is a local development with regional and international ramifications. The US experienced the Islamic Revolution of Iran and its regional as well as global impacts over thirty years ago, but it learned no lesson, and continued to throw its weight...
The officer corps of Egypt's powerful military has been educated at defense colleges in the United States for 30 years. The Egyptian armed forces have about 1,000 American M1A1 Abrams tanks, which the United States allows to be built on Egyptian soil. Egypt permits the American military to stage major operations from its bases and has always guaranteed the Americans passage through the Suez Canal.
The relationship between the Egyptian and American militaries is, in fact, so close that it was no surprise Friday to find two dozen senior Egyptian military officials at the Pentagon, halfway through an annual week of meetings, lunches and dinners with their American counterparts.
Prior to the January 28 Friday protests in Egypt most analysts were predicting that the Mubarak regime would be able to contain the unrests in that country. What has happened in Friday has changed that equation. Not only the risk of a regime collapse in Egypt has increased sharply but the likelihood of a contagion effect throughout the Arab world has also increased. This contagion effect depends on how the situation evolves in Egypt within the next few days. If the mass protests force President Mubarak to leave the country or offer substantial political concessions no Arab capital will remain immune from rising public demand for an end to authoritarian rule. Under such a scenario the oil markets are right to be nervous about the supply of oil and gas from the region.
SUEZ, Egypt, Jan 30 (Reuters) - When Hossam watches ships carrying the wealth of the world pass through the Suez Canal running alongside this industrial city, it fills him with frustration.
The canal, a vital trading route since the 19th century, earned Egypt nearly $5 billion in 2010, but the 33-year-old Hossam said he and others in the city where many are unemployed or struggling on paltry pay see none of the waterway's benefits.
Saturday’s optimism on the streets of Cairo for imminent political change gave way to anger on Sunday, as thousands of demonstrators became increasingly frustrated with the lack of response from major world leaders, especially the US.
During the main protest on Sunday in downtown Cairo, one man painted a 20-meter long message in flowing Arabic cursive that echoed across the square: “Go Away Mubarak, you are from the Americans, and you’re working for them!” Egyptians understand that the world is waiting to see if President Hosnei Mubarak falls to popular pressure before major leaders decide which side to support. But this is infuriating for the demonstrators, who realize that six days of unrest has not accomplished their goals, and they need united international pressure in order to topple Mubarak.
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sraeli Prime Minister Benjamin Netanyahu convenes the weekly cabinet meeting in Jerusalem, Sunday. Israel's prime minister said Sunday that his country's 3-decade-old peace agreement with Egypt must be preserved, in his first public comment on the political unrest roiling Israel's neighbor and regional ally.
However, reports that Egyptian security forces in Sinai are buckling amid the chaos, has stirred concern about an increased flow of weapons into Gaza. Egypt announced on Sunday that it decided to close the border with Gaza.
Originally posted by JanusFIN
I think now its time to make some analysis about situation in Egypt and whats most important - around Suez canal.
Chaos in Suez, vacuum in security in most important waterway for European citizens, will have impact tomorrow morning in European markets, and oil bourses around the world.
Israel/USA is with EU in this... - Loosing Suez is not an option for western banksters. If vacuum is not filled from west, we can excpect move from SCO. (Russia/China) What will super powers do to secure world "as we know it?"
Fuel prices are already over our "pain-limits" and in stressed markets there is absolutely no place for any pressure to lift inflation. So, important question have to raise to table?
- What next?
My cousin is head of army intelligence in my country and after talks with him yesterday, we both saw together, that EU "Rapid" fighting force is maybe only option to send there soon as possible, if military of Egypt dont secure Suez in few days.
Day by day, pressure to send there US Marines will grow, even Israeli attack can be waited, because their own reason, but both of those aggressive moves would start huge escalation all over Arabic countries in response...
What is your reply to this most important question?
- Egypt military keeping security, but without any government?
- US Marines?
- EU Fighting forces with possible UN mandate?
- Israel using their forces?
- Some other possibility?
Tomorrow is monday and soon is morning when markets open in US and EU - Possible "black monday" is closing - Then we have are our backs in front of the walls - how to secure Suez, our markets, and oil prices without having any functional opposition in Egypt after week of riots?
Just pray?
www.presstv.com
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Originally posted by JanusFIN
What is your reply to this most important question?
- Egypt military keeping security, but without any government?
- US Marines?
- EU Fighting forces with possible UN mandate?
- Israel using their forces?
- Some other possibility?
Just pray?
Israel Mulling Sinai Attack?
Originally posted by ufoorbhunter
reply to post by JanusFIN
Why would Isreal take Suez/Sinai for the third time?
Yanks made them do the the peace deal with Sadat to give up Sinai in 1979
Yanks never backed Israel up in 1956 and forced Brits, France and Israel out of Egypt again
Yanks are your friends when it suits the Yanks
Suez has been secured before by Israel, France and Brits but they were stabbed in the back by a so called ally
The best advice I can think of for this “Monday, Monday,” is “fasten your seat belts in case we encounter any (un)expected turbulence.” Wall Street Sector Selector remains in “Yellow Flag” status, expecting choppy to lower prices ahead.