Monday, February 02, 2015

Our Upside-Down World

Imagine this!  "Egypt’s leading business organization has praised Cairo’s plans to import natural gas from Israel, saying that doing so will 'yield many benefits.'  In another sign of the burgeoning security and commercial ties between the two countries since Abdel Fattah el Sisi became president of Egypt in 2014, the Federation of Egyptian Industries (FEI) said that that the deal with Israel would reduce import costs by relying on pipelines already installed by East Mediterranean Gas (EMG), the company that had supervised Egyptian gas exports to Israel before they were halted following the 2011 uprising that led to a Muslim Brotherhood government."

We now have a business partnership between the former enemies Egypt and Israel; and enemies between the former friends (the United States and Israel.) Plus you have a president who's fighting an oil pipeline that would "yield many benefits" to his own country.  I think I need a scorecard.

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