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Strikes sweep Egypt as economy struggles
Financial Times ^ | 3-2-14 | Heba Saleh

Posted on 03/02/2014 4:49:29 PM PST by dynachrome

The Egyptian government, sworn in on Saturday, takes office as a fresh wave of labour unrest sweeps the country, adding to the turmoil from a chaotic and violent political transition.

In a televised address on Sunday, Prime Minister Ibrahim Mehleb said he called on the “patriotism” of Egyptians and that this was the moment for work, not strikes. A crippling stoppage by bus drivers last week has just ended but postal workers in many parts of the country remain on strike. Doctors, pharmacists, steel and textile workers have all carried out industrial actions in recent days.

The strike by about 38,000 public bus drivers forced authorities to use the army and the private sector to provide alternative services. The drivers finally agreed to a $30 increase, but their monthly pay remains below the new minimum wage of $170.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Egypt; Foreign Affairs; News/Current Events
KEYWORDS: arabspring; egypt; strikes
Meanwhile, another obozo success story, the Arab spring, continues!/s
1 posted on 03/02/2014 4:49:30 PM PST by dynachrome
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To: dynachrome

Yup, I’ve been watching this one too.


2 posted on 03/02/2014 5:02:08 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: cripplecreek

Population 80 million or so. Tourist trade way down. Most food imported, I believe


3 posted on 03/02/2014 5:31:28 PM PST by dynachrome (Vertrou in God en die Mauser)
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To: dynachrome

The whole Arab spring was a complete waste. They’re going to be under military rule because its the only way to govern those people. Mubarak understood that.


4 posted on 03/02/2014 5:41:06 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: cripplecreek

“The whole Arab spring was a complete waste. They’re going to be under military rule because its the only way to govern those people. Mubarak understood that.”

Everyone desires to be free. But without the Rule of Law AND PRIVATE PROPERTY RIGHTS all you have is Rule by Gun / Tyranny


5 posted on 03/02/2014 5:56:46 PM PST by DanZ
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To: DanZ
The moment the idea is admitted into society that property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.

-John Adams

John and you agree.

6 posted on 03/02/2014 7:17:45 PM PST by seowulf (Cogito cogito, ergo cogito sum. Cogito.---Ambrose Bierce)
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To: dynachrome

Egypt wouldn’t be such a basket case if it would allow free markets. The Third World is that way because of crony capitalism. Islam is by its very nature socialistic/fascistic.


7 posted on 03/03/2014 4:40:09 AM PST by 1010RD (First, Do No Harm)
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