Friday, July 5, 2013
The Army has ousted Mohd Morsi in Egypt
Egypt is in turmoil. President Morsi a member of the Muslim brotherhood has been deposed by the army and a new president is sworn in. Frankly this is not surprising as the army in one form or another has ruled Egypt ever since Gamal Nasser overthrew King Farrukh in the early fifties of the last century. Another thing going against Morsi was that he was pursuing a policy that furthered the brotherhood. Economy is in shambles, tourist traffic has fallen, hard currency reserves are depleted and there is total unemployment. It should not be forgotten that teh Muslim Brotherhood was banned in Egypt for close to 40 years and had carried out the assassination of President Anwar Sadat.