The United States is weighing a deal with Egypt's new rulers to relieve $1 billion worth of debt, The New York Times reported Monday. US President Barack Obama first promised the aid in May 2011, along with another $1 billion destined to assist Egypt'...
Egypt's political turmoil had slowed American assistance even as the Egyptian economy struggled in the year-and-a-half since protests forced longtime Egyptian President Hosni Mubarak to resign. Egypt is facing crippling poverty, rising inflation and...
Israel National News
The comments by Ahmad Sabi', media advisor for the Brotherhood's Freedom and Justice Party in Egypt, aired on Al-Alam TV on August 22, 2012.
The deal was first proposed more than a year ago, but U.S. officials delayed because the country's political situation was unclear, reported the Times, citing unnamed American officials. The report also said the Obama administration supports an...