Business
Egypt faces economic crisis
Gil Feiler, Doron Peskin
Published: 26.12.08, 22:19
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10 Talkbacks for this article
1. I wonder
Gee ,   Zikron Yaakov   (12.27.08)
If the reason might be related to the fact that they spend more on their military per capita than the entire world. All of this without a single external enemy.
2. Time to blame Jews, attack Israel.
Bennie ,   Jerusalem   (12.27.08)
3. Remember how Egypt inflated the number of IL planes shotdown
Alan ,   SA   (12.26.08)
"Today our glorious Airforce brought down down 400 Israeli Mirages!"-1967 "Today our glorious Economic Department brought down down inflation to 1%" 2008 Allah be praised!
4. The profits of 'religion" Egyptian style
Petra ,   usa   (12.27.08)
lie, cheat and steal typical muslims. But, what about the food shortages in muslim nations? How will they fix that?
5. surprisingly enough
fish ,   t-a   (12.27.08)
there's no blockade of egypt by Israel... and still they have a crisis... maybe the problem is that they can't manage their lives everywhere - gaza, jordan, egypt, but can live off only oil revenues with record oil prices?
6. Maybe if Egypt directed some of that aid away from arms
Raymond in DC ,   Washington, DC USA   (12.28.08)
Egypt has been getting more than more than two billion dollars a year from the US alone, and it continues to direct most of that to the military sector. (We'd ask "against who?" but we all know.)
7. corrupt regime!!
Sam sharf ,   Palestine   (12.27.08)
The coming year 2009 will witness many changes in the middle east and for israel bad luck it wont be good for israel.... like 30 years ago.. what happened in Iran will happen soon in Egypt.
8. Egypt so close in KM, but a thousand years away.
Bunnie Meyer ,   Los Angeles, CA USA   (12.28.08)
9. Economic difficulties
Mohammad ,   Belfast, UK   (12.29.08)
Most countries in the World are facing such difficulties. Don't forget that Egypt along time ago, has decidedto live on handouts from the US like many other countries in the Middle East. The head (US) is suffering at the moment due to the corrupt policies of George Bush around the Globe. Don't forget the corruption and the rot to the core of the governments in the Arab World. The lack of family plannig adds to the problem as well. Egypt with the River Nile should be heaven for the Egyptions and its neighbours.
10. #7 SAM BAD LUCK?
Petra ,   USA   (12.29.08)
SEEMS EGYPT IS HUNGRY, NOT ISRAEL. AND ALL THOSE AFRICAN NATIONS RAPED, MAIMED AND STARVED, YOU MUST NEED GLASSES AND A BRAIN, DUMMIE. FOOD RIOTS ALL OVER MUSLIM NATIONS. BAD LUCK ALRIGHT, FOR YOU. ALA MUST NEED A HEARING AID.
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