Media ID: 55301413
Caption:
An Egyptian demonstrator holds bread in a protest earlier this month against the International Monetary Fund. The Egyptian government is trying to chart a delicate course between economic reform to appease lenders, without alienating its own people. (AFP)
by Afshin Molavi | May 11, 2013 | Opinion
The revolutions that have transformed the Arab world have also transformed economies, largely for the worse. If the so-called “Arab Spring” were to receive a credit rating, the verdict would be obvious and unfortunate: downgrades. We have seen the multiple pathologies...
Media ID: 55298413
Caption:
U.S. Defense Secretary and Chairman of the Joint Chiefs of Staff discuss the Defense Department’s FY2014 budget request, which will form a considerable part of US expenditure. Source: AFP/Getty Images/Mark Wilson
by Asharq Al-Awsat | Apr 11, 2013 | World
Washington, AP—President Barack Obama sent Congress a USD 3.8 trillion budget plan that hopes to tame galloping deficits by raising taxes on the wealthy and trimming America’s most popular benefit programs. In aiming for a compromise between Republicans who refuse to...
