Jump to content
House Price Crash Forum

Archived

This topic is now archived and is closed to further replies.

A.steve

Always About The Banks... Egypt...

Recommended Posts

A witness tells Reuters that the Egyptian army has repelled hundreds of protesters who attacked the entrance of a central bank building in Cairo.

The protesters who attacked the bank building in a Cairo suburb have been turned back by the army, who used tanks and fired shots into the air. The protesters, who were using wooden planks to try to break into the buiding, fled after seeing the tanks approach and hearing the shots.

http://live.reuters.com/uk/Event/Unrest_in_Egypt

I wonder if they mean a bank located centrally, or the central bank?

Share this post


Link to post
Share on other sites

I wonder if they mean a bank located centrally, or the central bank?

I think they mean a building that is connected with the central bank.

Share this post


Link to post
Share on other sites

The US has made its move: one of its stooges is being positioned (Vice President) to replace Mubarak. It will be interesting to see if the people accept that.

Share this post


Link to post
Share on other sites

The US has made its move: one of its stooges is being positioned (Vice President) to replace Mubarak. It will be interesting to see if the people accept that.

Suprised at you, you usually make so much sense. There is no total control, in fact US control is slipping away fast.

Share this post


Link to post
Share on other sites

I watched the live feed on Al Jazeera earlier today. Impression is that Mubarak is treating this like previous protests and may not understand how widespread opposition is. Apparently the army is regarded by the people with affection - it's a big employer in Egypt and the troops are conscripts - so there's no question of them opening fire. Security forces are a different proposition. Doubtful that the army will demand resignation of the president.

Anyway, they mentioned that Mubarak's son is seen by the people as being "too close to the banks".

Share this post


Link to post
Share on other sites

The chance of this being a relatively clean revolt like Tunisia appears to be declining.

At least Ben Ali finally got the message, this old mans not going anywhere. Those around him are unwilling, obviously the end of him spells the end of them as well.

Share this post


Link to post
Share on other sites

Suprised at you, you usually make so much sense. There is no total control, in fact US control is slipping away fast.

Tha US and even more so ISRAEL have their fingers deep in the pie when it comes to Egypt. The Suez canal and the strategic position as neighbour of Israel are way too important for the US to not control Egypt.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.