When, in 1949, Mao Zedong forced Chiang Kai-Shek’s army to retreat from mainland China, thus consolidating the Communist Party’s grip over the People’s Republic, the reverberations could be felt across the world. In the United States, Republicans put forward a poignant, yet rhetoric question: Who Lost China? In the eyes of the Republicans, the answer […]
Africa had its fair share of military power-grabs – actually, it had a good deal more than that. Throughout the Cold War, military coups were the rule, not the exception. And Egypt, the bridge between the African and Arab worlds, was no stranger to coups. After all, it was a coup by the Free Officers […]
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
