• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 35 mins Chicago Threatens To Condemn - Possibly Demolish - Churches Defying Lockdown
  • 3 hours The CDC confirms remarkably low coronavirus death rate. Where is the media?
  • 5 hours COVID 19 May Be Less Deadly Than Flu Study Finds
  • 18 mins Let’s Try This....
  • 2 hours New Aussie "big batteries"
  • 18 hours Monetary and Fiscal Policies in Times of Large Debt:
  • 4 hours China to Impose Dictatorship on Hong Kong
  • 6 hours 60 mph electric mopeds
  • 10 hours Iran's first oil tanker has arrived near Venezuela
  • 13 hours Nothing can shake AMLO’s fossil-fuel fixation
  • 19 hours US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
  • 1 day Fed Says It Will Begin Buying Corporate-Debt ETFs on Tuesday

Critical New Year for Egypt

Bottom Line: The completion of Egypt’s constitution and a planned referendum in early January will determine the security situation for 2014, and tensions will be acutely high for the next month and a half.

Recommendation: We are raising the security risk ranking for Egypt through January due to an expected uptick in violence during the run-up to a referendum on the constitution, which will likely strengthen the role of the military and weaken Islamist freedoms drastically. While the trial of deposed president Mohammed Morsi and 14 others has been postponed until 8 January, this will not be enough to appease Islamist forces.

Analysis: On 4 November, the court postponed Morsi’s trial and extended his detention. On 6 November, the appeals court rejected a legal challenge by the Muslim Brotherhood against a September ruling that banned the group’s activities and seized its funds. Earlier this week, Egypt’s interim prime minister, Aldy Mansour, said that the referendum on the constitution would be held within 30 days. The Islamist alliance has not said it would boycott the referendum, but is rejecting the amended constitution. The previous constitution was Islamist in nature, and the amendments, on the surface, make this constitution look like the best Egypt has had in modern history, but between the lines and the qualifications, it severely limits civil rights, particularly the freedom to peacefully protest.

Interestingly, the coalition…




Oilprice - The No. 1 Source for Oil & Energy News