Opec secretary general expresses concern with tension throughout region and armed guards at Suez canal Fears that the turmoil in Egypt could disrupt oil shipments passing through the Suez canal and engulf the Middle East drove the price of Brent crude oil through the $100 barrier for the first time in over two years. The price of a barrel of the benchmark Brent crude soared by more than $1.50 to as high as $101.08 a barrel as the protests against President Hosni Mubarak’s regime intensified. Prices are now at their highest since September 2008, at the start of the financial crisis. Abdullah Al-Badri, secretary general of Opec, the cartel of oil producers, expressed concern about the situation in Egypt and added that Opec did “not want 2008 to be repeated”, referring to when oil prices hit a record $147. But he said the cartel would not increase production on the back of the surge in prices as he believed there was no shortage of oil. Since August, oil prices have been steadily increasing from around $70 on the back of higher demand as the global economy recovers from the downturn, fuelling inflation. The latest rise in oil prices will put further pressure on the British government to head off a rise in fuel duty planned for April. David Cameron gave the latest hint in an interview with the BBC this morning that the budget on 23 March could include a “fuel stabiliser” which would cut the level of fuel duty motorists have to pay when oil prices rise. Last week the price of diesel at the pump in the UK reached a new high, hitting 133.26p a litre on average . The price of fuel is a concern for the government as it was one of the reasons for the rise in inflation, measured by the consumer price index, in December. In turn, higher inflation could put pressure on policy makers to hike interest rates. Egypt is not a major oil producer but it controls the 120-mile Suez canal and the 200-mile Suez-Mediterranean pipeline which together carry about 2m barrels of oil each day, about 2.5% of demand globally. No major disruption to supplies has been reported after almost a week of violent protests although some ports’ operations have been slowed. Analysts said that oil prices were rising on concerns that the turmoil could spread into neighbouring countries or even major oil producers further afield, such as Saudi Arabia. The unrest in Egypt follows the recent overthrow of the regime in Tunisia, adding to the nervousness that more chaos could engulf the Middle East, which accounts for almost a third of the world’s oil production. The Egyptian authorities have said that the Suez canal is operating normally, with armed guards protecting the crucial waterway linking the Red Sea and the Mediterranean. Barclays Capital warned that some ships could be attacked if the situation deteriorates and that if a radical anti-western government seized power it could close the canal. If the canal was unavailable oil tankers would have to sail around Africa to transport oil from the Middle East to America – an extra 6,000 miles. “We cannot ignore the possibility that the chaos will spill over from Egypt into oil-producing nations,” said Kenji Sekiguchi of Mitsubishi UFJ Asset Management. Badri said Opec ministers would discuss whether they needed to pump more oil to bring down prices at an energy conference in Saudi Arabia later this month but said a formal decision to increase production quotas was unlikely. Opec’s next formal meeting takes place in June. Oil Oil and gas companies Energy industry Egypt Middle East Tim Webb Graeme Wearden guardian.co.uk
Continue reading …The Bangles’ Walk Like an Egyptian is an unlikely choice of protest song So, the title of the Bangles’ 1987 hit Walk Like An Egyptian has been co-opted as a revolutionary slogan. Obviously, if this furthers the cause of democracy, all to the good, but given that the lyrics comprise every imaginable cliche about Egyptians strung together, it seems not unlike Mancunians taking to the streets in a revolutionary tumult wearing T-shirts that say MATCHSTALK MEN AND MATCHSTALK CATS AND DOGS. Whatever next in the world of pro-democracy demonstrations intersecting with 80s AOR tracks tenuously linked to the location of said uprising? Protesters on the streets of Beijing in T-shirts reading China In
Continue reading …Gavan Nolan of Markit believes that that the latest scenes from Cairo are making traders fear regional contagion The cost of insuring Egyptian government debt increased sharply today, in a sign that investors have grown more nervous about the ongoing crisis. Other Middle Eastern government debt also came under pressure, as the protests against president Hosni Mubarak entered a seventh day . The five-year Egypt credit default swap rose by 17 basis points to 445bp, according to data from Markit. This is close to its highest level since April 2009. This means it costs £445,000 to insure £10m of Egyptian debt. In comparison, the UK five-year credit default swap trades around 60bs, while Ireland’s CDS hit 600bp recently. Elsewhere, the Saudi Arabia CDS jumped by 29bp to 120bp, Bahrain rose by 28bp to 220bp, and Qatar gained 17bp to 110bp. The only faller in the region was Israel, down 1bp at 145bp. Gavan Nolan of Markit believes that that the latest scenes from Cairo are making traders more risk-averse. “Fears of contagion are increasing, as investors wonder if the events in Egypt will spread across the Arabian peninsula,” said Nolan. The Egyptian stock exchange was closed today, and officials said it will remain shuttomorrow too. Most banks in the country are also shut. The crisis has weighed on stock markets across the world , with Japan’s Nikkei falling overnight and the FTSE 100 down almost 1% in early trading today, although it clawed back some losses. By midday the FTSE 100 was 20 points lower at 5860. Market turmoil Economics Global economy Egypt Middle East guardian.co.uk
Continue reading …By virtue of its size, its sense of itself and its extraordinary past, Egypt is different. So it’s hard to know how things will work out Click here for live updates of the Egypt protests I saw Hosni Mubarak once. Tony Blair had dropped by for a brief chat on the way home from a flying visit to Iraq and they staged a joint quasi-press conference in one of the Egyptian president’s Cairo palaces. Built like a brick loo, Mubarak exuded that strutting, invulnerable sense of power that dictators acquire over time. Blair looked flimsy and transient by comparison, as indeed he was. That’s the point, isn’t it? The circumstances in which a politician acquires power often dictates the way he or she loses power. Seize it without legitimacy and it immediately becomes difficult to relinquish it. Get elected and it’s easier to be un-elected by party or the electorate. In fairness to Egypt, one of history’s great dramas, Gamal Abdel Nasser, who overthrew the monarchy (1952) and ejected the British from the Suez Canal zone, did offer to resign after his military’s humiliation in the 1967 Six Day War with Israel. The masses wouldn’t have it. That’s rare, but Colonel Nasser was a charismatic leader, whose failure to ease the poverty of those same masses – the Egyptian middle class he so despised did quite well – did not prevent 4 million people turning out for his funeral when he died of a heart attack three years later at 52. Would that Mubarak had acquired such a popularity, he must be thinking now when it is too late. The former fighter pilot turned air force commander was Egypt’s vice president when a 24-year-old army lieutenant called Khalid Islamibouli and co-conspirators gunned down Anwar Sadat at a military parade in October 1981. Mubarak inherited the presidency and ran the country as Nasser, Sadat and – before them – King Farouk, the British puppet, did. When pressure rose for reform, from intellectuals, from the middle class, the Islamist Muslim Brotherhood or the long-suffering masses, he pulled the levers of repression. Enraged by Sadat’s peace deal with Egypt’s Islambouli acted in the name of an Islamist group, and among the 24 people tried for the murder was the blind cleric, Sheikh Omar Abdel Rahman. He was accused (and acquitted) of issuing the fatwah which incited the young men to their crime. When he got out of jail – and torture – three years later the “blind sheikh” was expelled and ended up in Peshawar, organising the anti-Soviet mujahideen. Where is he now? Glad you asked. Being anti-Soviet allowed him into the US, few questions asked, and he used the opportunity to incite Muslims to acts of violence against their hosts. I have a vague notion that this sort of conduct breaches basic principles of Islam, but what do I know? When the Yanks wised up and got Arabic-speakers on his case, the first, failed attempt to blow up the World Trade Centre in 1993 was only one of the jihadi incitements on 78-year-old Rahman’s file. He ended up with a life sentence which he is currently serving in a medical facility at the Butner federal slammer in North Carolina. When – and if — Mubarak (even older at 82) heads for exile in Saudi Arabia, Rahman will probably raise a celebratory glass of water. I mention this because it may help explain the cack-handed caution of the Obama administration in response to the street violence since Tuesday, despite the reassuring presence as transitional-leader-on-offer, of Nobel peace prize winner, Mohamed ElBaradei, and the “it’s going to be OK” remarks of wholesome Egyptians with perfect English who can be heard on the BBC. We just don’t know how it will work out. By virtue of its size (80 million), sense of itself and its extraordinary past, Egypt is different. But there’s no guarantee that secular forces will prevail, let alone without a fresh wave of repression which snuffs out hope again, or that the Muslim Brotherhood – increasingly moderate and not behind the current unrest, we keep being told – would behave, let alone be able to control more radical forces. Hillary Clinton initially called Mubarak’s regime “stable”, but that line didn’t hold. America has pumped billions into Egypt as Israel’s key partner for peace and stability in the Middle East and – as usual – much of the money has been diverted from development to the military and the apparatus of a police state. We can blame the US for that – a reflex response – or we can say that Egyptians did it to fellow Egyptians in an independent Egypt, ignoring US advice in the process. It’s hard work with few rewards. After all, for all its billions worth of aid the US doesn’t have much clout with Israel – or other places – does it? So the new line from Washington this weekend speaks of “an orderly transition to democracy”, a formula which sidesteps the delicate matter of Mubarak’s survival while backing reformist elements which currently appear to have momentum. Thirty years is a long time without a decent general election and shake-up. As someone once remarked of Jacques Chirac’s long survival at the top of French politics: “How would you feel if Harold Wilson and Ted Heath were still in charge instead of Tony Blair?” At least Chirac had to fight elections. From my armchair this one could go either way, but will probably go towards a regime change, if not now then soon. Orderly transitions are sometimes disorderly and take time. Remember, it may be tempting to dispatch some unsavoury old tyrant off to international court at the Hague or string them up. But an escape route is often the smarter option. Thus Nasser and General Mohammed Neguib, his front man in 1952, overruled those demanding the execution of King Farouk, the lecherous 32-year-old fat boy whose family had ruled Egypt since the modernising Muhammad Ali Pasha (1769-1849, he was actually an Albanian) effectively expelled the decaying Ottoman empire in the wake of Napoleon’s defeat. With 65 trunks stuffed with loot Farouk and his famous fez departed for exile in Europe on his yacht. He died in Italy at 45 but not before his sister had married the Shah of Iran, the one expelled by the 1979 revolution. What goes round comes round again. One of Muhammad Ali’s projects (Turks prefer to think of him as Mehmet) was a greater Egypt embracing the upper Nile ie Sudan. Both eventually became British protectorates and Sudan is unravelling – via that peaceful referendum – this very month. Two particular factors are encouraging. It looks as if the White House is now supporting change – albeit the “orderly” kind — which may be concentrating minds inside the Egyptian military and corporate elite which will want to save as much as they can. Poland, the Philippines, Panama, Uganda, there’s always a tipping point where treason prospers and none dare call it treason. Second, in ElBaradei, the former UN weapons inspector, the reformists have a figurehead with serious standing in the wider outside world which makes it hard for Mubarak’s apparatus to imprison or kill – though I heard that they’d water-cannoned him at the weekend, just to make a point. He’s unlikely to be more than a temporary figure – international bureaucrats rarely have the skill set for politics . But the space provided by that immunity could matter, as it conspicuously did for Poland after the College of Cardinals in Rome – for selfish reasons of their own – elected a Polish Pope. The Russians couldn’t bump off John Paul II, though conspiracy theorists suggest they tried. As Mubarak urges his new prime minister to embark on reform while sending jet fighters screaming over Cairo, I heard suggestions from Egyptians over the weekend that Britain, Europe and – primarily, of course – the US are responsible for Egypt’s plight. Well, up to a point. European colonial regimes were often complacent and reactionary, though what came after has often proved worse, not least across north Africa, and it was the French who built the Suez canal – and couldn’t pack it in a suitcase to take home. Egypt was under the control of foreigners from the fall of the pharoahs – when Queen Cleopatra cut a deal with the rising power of Rome but was unlucky with her men – until Nasser’s coup. Historians say it fell so quickly to Islam in the 7th century precisely because the new religion came from anywhere but the hated Graeco-Roman regime in Byzantium. What goes round comes round again. That goes for WikiLeak’s contribution. In his Observer interview yesterday – ahead of the Guardian’s publication today of its account of the WikiLeaks affair – Julian Assange sees himself as making reality of the western doctrine of “universal connectivity” which extols the virtues of openness, but does not always practice what it preaches. As with the Tunisian popular coup, fingers crossed there too, Assange seems pleased to count the Egyptian upheaval as a win for his campaign. In the Observer he even concedes a “relative honesty and directness” in the US diplomatic cables that the Guardian and others published at the end of last year. Quite so. Let’s hope it all turns out for the best in Cairo and Alexandria this week. Egypt Middle East Michael White guardian.co.uk
Continue reading …Click here to view this media (h/t David ) Nobel Laureate and former IAEA head Mohammed El-Baradei spoke to throngs in Egypt’s Tahrir Square earlier today, calling for Hosni Mubarak to step down as President of Egypt. “Today, I have come to share with you the most beautiful day for Egypt,” he told the demonstrators. “Today, I look into the eyes of each and every one of you. Each of us is a different Egyptian. Today, we are proud of Egyptians.” “We have restored our rights, restored our freedoms, and what we have begun cannot be reversed,” ElBaradei continued. “And as we mentioned before, we have a key demand, and that’s for the regime to step down, and to start a new era,” he concluded. El Baradei returned to Egypt on January 25th, the same day protests began against the Egyptian government, and has been under house arrest since January 26th. Today was the first day he was seen in public. Al Jazeera reports : The protesters in Cairo, joined by hundreds of judges, had collected again in Tahrir Square in the afternoon to demand the resignation of Hosni Mubarak. Al Jazeera’s correspondent, reporting from the scene, said that demonstrators confronted a fire truck, at which point army troops fired into the air in a bid to disperse them. He said the protesters did not move back, and a tank commander then ordered the fire truck to leave. When the truck moved away from the square, the thousands of protesters erupted into applause and climbed onto the tank in celebration, hugging soldiers. Mubarak’s regime is crumbling as it continues to lose support from the West. In a series of telephone calls this morning, President Obama called for an orderly transition from the Mubarak regime to a government elected through free and fair elections. This is not to say Mubarak is without support. The Saudi government has condemned the protests as being the work of “infiltrators”. However, the Saudi government has condemned the protests, saying many of them were “infiltrators” who seek to destabilise their country. King Abdullah called Mubarak and, according to the Saudi Press Agency, “was reassured” about the situation in Egypt. “During the call, the king said, ‘Egypt is a country of Arabism and Islam. No Arab and Muslim human being can bear that some infiltrators, in the name of freedom of expression, have infiltrated into the brotherly people of Egypt, to destabilise its security and stability and they have been exploited to spew out their hatred in destruction, intimidation, burning, looting and inciting a malicious sedition ,’” the news agency said. Saudi Arabia “strongly condemns” the protest, it said. Despite the measured calls for reform, beginning with free and fair elections, it’s clear that the people of Egypt are fighting for an end to the Mubarak regime, starting now. Ayman Nour, leader of the El-Ghad Liberal Party spoke on Al-Jazeera earlier today. These quotes from Nour from the Twitter stream of Sultan Al Qassemi , columnist for The National, who has been sending updates constantly since the protests began. “We have formed an opposition committee for change that involves ten members, represented by El Baradei.” “Today was the first session of the People’s Popular Parliament which includes El Baradei, Mohammed El Beltaji, myself..” “(other members) Justice Mahmoud El Khodairi, George Ishaq, Mr Abu Al Ezz, it is a ten member committee.” “Our key demand is for Mubarak to step down, we will negotiate with the army, we will negotiate with other opposition members We are not negotiating with Mubarak since our main demand is for him to step down. We will negotiate with the army. “We are not asking for an (army) coup. We are asking the army to take the side of the people not the side of the tyrant” “This govt has not communicated with the opposition party until the last minute, they will be forced to negotiate with us” This committee will have the duty to manage the crisis. We will negotiate in order to improve the security conditions in the country” We want all the resolutions issued by Mubarak since January to be revoked & invalidated” (doesn’t say which date exactly). The army’s duty is to defend the country not the oppressor who has been ruling by an iron fist. All the rallies ask him to step down. We ask the army not to play a political role. We ask it to defend & safeguard the security, stability of the country.” “People were wreaking havoc, chaos & looting around including the undercover police personnel. We have arrested many of them..& found that they were carrying police identity cards. They were looting around, intimidating people.” Therefore people are now adamant about toppling of the regime. We will negotiate a peaceful exit for Mubarak for the sake of Egypt. Today will be a key day in these protests, because Mubarak has indicated the police will be on the streets tomorrow. If their previous behavior is any indication, there will be much more bloodshed than there has already.
Continue reading …From the cabinet meeting to formally submit its resignation to security forces announcing the extension of the curfew Saturday’s events 10.42am Overnight, President Mubarak makes his first appearance to announce that he is sacking his cabinet. Protesters throw stones as riot police try to enter Tahrir square in central Cairo. Egypt’s cabinet meets to formally submit its resignation. 11.51am Egyptian state television announces that the curfews imposed in Cairo, Alexandria and Suez have been extended to run from 4pm (2pm GMT) to 8am (6am GMT). 12.18pm The armed forces close the pyramids, with tanks and armoured personnel carriers sealing off the normally packed site on the Giza plateau to tourists. Reuters says the country’s stockmarket will be closed tomorrow. The move comes after sharp falls over the last few days. 12.29pm King Abdullah of Saudi Arabia backs Mubarak. ‘he Kingdom of Saudi Arabia … declares it stands with all its resources with the government of Egypt and its people,’ he is quoted as saying. 1.13pm The Foreign Office says that around 30,000 British tourists are in Egypt. While it wasn’t advising Britons to leave, it said they should not take part in the protests and should abide by the curfews.The department is advising against all but essential travel to the cities of Cairo, Alexandria, Luxor and Suez. 2.01pm AP reports peaceful protests in Tahrir Square with few police in the crowds, soon followed by news of police opening fire near the interior ministry. A number of people are wounded by gunshots. 2.15pm Egyptian state television reports that looters have broken into the Egyptian Museum and destroyed two ancient mummies. Demonstrators form a human chain around army tanks in Tahrir Square as they help to protect the museum. 2.23pm Thousands of people continue to protest after the start of the extended curfew. Defying an army warning that anyone violating the order would be in danger, crowds throng in central Cairo and Alexandria. 3.22pm : Police in Cairo are firing live rounds at protesters , according to Jack Shenker. He says there’s still confusion over the military’s role. Outside the ministry he saw a tank roll in to cheers from protesters. But it then appeared to move into a holding position, prompting some protesters to throw rocks at it. Other demonstrators tried to stop them. 3.30pm AP reports that at least three demonstrators have been killed around the area of Tahrir Square after thousands tried to storm the interior ministry. The news agency now puts the death toll at 48 4.23pm Former air force commander Ahmed Shafiq is appointed prime minister . Egypt’s intelligence chief, Omar Suleiman, is now vice-president – the first to hold this office since Mubarak took power in 1981. 4.25pm Reuters reports on the deployment of army vehicles to protect wealthy areas of Cairo’s suburbs. Witnesses say the action was taken after they heard gunshots and accounts of looting. 5.58pm Peter Bouckaert, emergencies director for Human Rights Watch, says he went to the morgue at the Alexandria general hospital, where he saw 13 bodies. He says an Egyptian lawyer counted 20 bodies at another Alexandria morgue. An hour later, al-Jazeera reports more than 100 people have died in the protests in the past 24 hours – including 25 in Cairo, 38 in Suez and 36 in Alexandria. AP puts the toll at 62 over the last two days. 7.04pm : Various news sources report that the curfew has been broken in Alexandria and Cairo , and that looting is now a major concern. 7.55pm In a joint statement with Nicolas Sarkozy and Angela Merkel, David Cameron says: ‘The Egyptian people have legitimate grievances and a longing for a just and better future … We urge President Mubarak to embark on a process of transformationreflected in broad-based government and free elections.’ 8.10pm : AFP reports 12 dead in fighting between demonstrators and police in Beni Suef, 100km south of Cairo. 9.29pm al-Jazeera reports the arrest of gangs in Alexandria, and 9.46pm Reuters reports that police have shot dead 17 people who were trying to attack two police stations in Beni Suef governorate . Dozens of others were injured in the exchanges. 10.58pm As protests continue across Egypt, both AP and al-Jazeera report that 19 private jets carrying the families of wealthy businessmen have departed Cairo for
Continue reading …With food prices on the rise, developing countries are stockpiling staples like wheat and rice in an attempt to stave off social unrest and panic buying—driving prices yet higher. Wheat hit a two-and-a-half-year high yesterday, after Algeria bought 800,000 tons of it and Saudi Arabia announced it was…
Continue reading …The Associated Press By BOUAZZA BEN BOUAZZA Associated Press TUNIS, Tunisia January 26, 2011 (AP) Tunisia has issued an international arrest warrant for ousted autocratic President Zine El Abidine Ben Ali, who fled to Saudi Arabia earlier this month amid violent protests.Protestors supporting the government and opposed to strikes demonstrate in Tunis, Tuesday Jan. 25,… Protestors supporting the government and opposed to…
Continue reading …KABUL, Afghanistan — In a victory for lawmakers, President Hamid Karzai inaugurated the National Assembly on Wednesday, ending months of delays but only partially settling the controversy and recriminations over the September parliamentary elections which were troubled by charges of widespread fraud. With the swearing in of the 249 members of the lower house, Afghanistan once again has three working branches of government. It also ensures that for the first time since the elections, the president has a check on his power — albeit a limited one since Afghanistan’s Constitution and political system favors the executive branch. The president had ruled by decree since the…
Continue reading …Click here to view this media As Juan Cole pointed out to Democracy Now’s Amy Goodman this story is unsurprisingly being ignored by our corporate 24/7 cable news outlets. Juan Cole: Tunisia Uprising “Spearheaded by Labor Movements, by Internet Activists, by Rural Workers; It’s a Populist Revolution” : AMY GOODMAN: We’re spending the hour on the revolution that is unfolding right now in Tunisia. The latest news is that three members of the national unity government representing the protests in the streets have just pulled out of that unity government. We’re going first to Juan Cole, professor of history at the University of Michigan. His blog is “Informed Comment” online at juancole.com. His most recent book, Engaging the Muslim World. And then we’ll be joined by Anthony Shadid, based in Beirut, also in Baghdad, but now in Beirut. Juan Cole, this latest news and the significance of this revolution? JUAN COLE: Well, this is the first popular revolution since 1979. But it’s distinctive in that the Iranian Revolution in 1979 was ultimately taken over by the ayatollahs, by a clerical elite, and so it didn’t develop in a democratic direction, whereas this revolution so far has been spearheaded by labor movements, by internet activists, by rural workers. It’s a populist revolution, and not particularly dominated in any way by Islamic themes, it seems to be a largely secular development. And it’s occurring in a Sunni and an Arab country, unlike Iran, which is Persian and Shiite. And it’s occurring in a country that has many similarities to other countries living under authoritarian regimes with limited employment opportunities and a kind of long-term economic stagnation. So, it’s something that other Arab countries might well look to—the publics, at least—for inspiration. AMY GOODMAN: What about the coverage? As I raced through my TV dial this weekend, trying to find coverage, it was extremely difficult to find coverage of the revolution in Tunisia. JUAN COLE: Oh, the U.S. 24-hour cable news networks fell down on the job with regard to Tunisia. Ben Wedeman, a veteran reporter at CNN, made heroic efforts, did get to Tunis. I don’t get a sense that his dispatches were put through by his editors back in Atlanta. And mostly, you couldn’t find out what was going on in Tunisia from television, from American mass media. You had to be on the internet. There’s a Twitter channel, “SidiBouzid,” which is excellent. There are Facebook formats. The French press, if one knows—if you can read French, was much better. But the American corporate news just blew off this story. They’re not interested in it. They don’t seem to think it’s important. Or maybe they’re a little bit afraid of it, because it is, after all, a revolution made by workers, and American corporate media are a little nervous about things like that. AMY GOODMAN: Juan Cole, what if it was an Islamist revolution? JUAN COLE: Well, had this been a revolution led by the Muslim party, the Ennahda, by the longtime opposition leader Rashid Ghannoushi, then I’m quite sure that it would have been 24/7 coverage. It would have knocked off of the news many of the fluff stories that dominated it. But since it was a labor revolution and an internet activist revolution, it wasn’t seen as connected in any way to the master narrative of American foreign policy, which is now the—still the war on terror, even though they don’t call it that. AMY GOODMAN: And Al Jazeera’s coverage of this, Juan Cole? Very hard to get Al Jazeera on television, terrestrial television, in the United States, of course. I think Toledo and Burlington, Vermont are the only places that you can get it on cable channels here. JUAN COLE: Yeah, and Dearborn, I think, has it. But—and the Washington, D.C. area, you can get it on the Verizon network. But the Al Jazeera English is difficult to get. For some strange reason, it’s not available on DISH satellite, which does run other foreign channels. And the Arabic, actually, is available much more widely, because it is carried on DISH. Al Jazeera did an excellent job of covering the events, although it should be noted that many Tunisians were miffed at Al Jazeera, because they felt that they gave too much air time to the Muslim activists, who were not representative of this movement, and that Al Jazeera kind of has a little bit of a bias towards the Islamic movements. AMY GOODMAN: And can you talk about the effects on the whole region, as you are monitoring coverage and reaction around the world? And particularly Saudi Arabia—does the regime there, the autocratic regime that has been in power for decades, have something to worry about? JUAN COLE: Well, I think all the regimes in the Arab world are very nervous about this development. It is something new. I did survey the reactions. You know, interestingly, the deputy prime minister of Israel expressed concern, lest this spread and maybe regimes come to power, more democratic, but more hostile to Israel, in places like Jordan and Egypt. Libya, interestingly enough, the longtime dictator Muammar Gaddafi, who started as a revolutionary himself, condemned the Tunisian people as immature and impatient, who said, just—”You should have just waited Ben Ali out. Why would you be so eager to have a new president?” And he sounded like an old fuddy-duddy and really did himself no favors, I think. And, of course, he was mainly speaking to his own people, pleading for their patience. And other countries were much more circumspect. The Arabs of Kirkuk in Iraq, who are now increasingly under Kurdish domination, threatened to make a Tunisian-style uprising if they didn’t get their rights. So, oppressed people, people in Gaza joined in demonstrations in solidarity. Oppressed groups throughout the region were delighted. Status quo powers, whether they, you know, are old revolutionaries like Gaddafi or status quo powers like Israel, were very nervous about this. AMY GOODMAN: And, of course, Ben Ali has taken refuge in Saudi Arabia. And if you heard Fares Mabrouk, they are calling for him to be extradited back to Tunisia to be tried. JUAN COLE: Well, Saudi Arabia has long served as a kind of asylum or refuge for deposed politicians. Nawaz Sharif of Pakistan went there when he was overthrown by Pervez Musharraf. Idi Amin went there. This is nothing new. One thing to keep in mind is that Tunisia is not an oil state. And it suffered from a kind of nepotism that was extreme. I mean, the U.S. leaked cables from WikiLeaks suggest that 50 percent of the economic elite of that country was related in one way or another to the president or to the first lady, Leila Ben Ali, and her Trabelsi clan. So, the combination of not having any extra resources to bribe people and buy them off and also of monopolizing the country’s economic resources in the hands of a few relatives was unique to Tunisia. I mean, there are similar situations, but the Tunisians took it to an extreme— AMY GOODMAN: Yet, you say this is not— JUAN COLE:—the Tunisian regime did. AMY GOODMAN: You say this is not a WikiLeaks revolution, but a hunger revolution. JUAN COLE: Well, it’s a revolution—you know, all revolutions are multiple revolutions happening at the same time. So there’s a strong element of economic protest. There’s a class element. Twenty percent of college graduates are unemployed. There’s extreme poverty in the rural areas. And the regime was doing things that interfered with economic development. They would use the banks to give out loans to their cronies, and then the cronies wouldn’t pay back the banks, so they were undermining the financial system. And that made it—and the extremeness of the dictatorship, the demands constantly for bribes, discouraged foreign investment. So the regime was all about itself. It was doing things that were counterproductive. And it injured the interests of many social groups—the college-educated, the workers. Now, the three ministers that pulled back out of the national unity government today were from the General Union of Tunisian Workers, which is an old, longstanding labor organization. So, it was a mass movement; it included people from all kinds of backgrounds.
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