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Egypt is snubbing the US — so why has Biden come to its rescue?

by Index Investing News
September 14, 2024
in Opinion
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Egyptian President Abdel Fattah al-Sisi made a idiot of america — and the Biden-Harris administration rewarded him for his ridicule. 

Final Sunday, the Nationwide Curiosity reported that Egypt is ditching US F-16 fighter jets for his or her Chinese language competitor, the J-10C. The US had provided to improve Egypt’s getting older fleet of F-16s. Sisi mentioned no, and selected China as an alternative.

On the face of issues, Egypt’s betrayal is unnecessary. A 12 months in the past, Egypt was on the point of insolvency. Its exterior debt made up 46% of its GDP.

Its native foreign money was a joke and inflation charges of 35% (70% for foodstuffs) was making it unimaginable for the Egyptian center class to make it by the month.

Egyptian Pres. Abdel Fattah el-Sisi is shopping for billions of {dollars} of weapons from China in a significant snub to the nation’s largest patron, the US, in response to studies. Getty Photographs

Thanks largely to the Biden-Harris administration, Egypt’s monetary woes are actually a factor of the previous. In March, at Washington’s urging, the Worldwide Financial Fund accredited a protracted delayed $8 billion mortgage to Egypt.

That mortgage persuaded the EU to supply Egypt with loans and grants totaling one other $8 billion shortly thereafter.

Had the US not been concerned, given the Sisi regime’s failed financial management, none of that money would have discovered its method to Egypt.

Prior to now, the US may have been anticipated to reply to Egypt’s slap within the face by suspending its annual $1.3 billion army support bundle.

If the Egyptians choose the Chinese language, then the Chinese language may give them handouts.

As a substitute, Wednesday the State Division introduced that for the primary time in three years, it’s going to hand over all the sum with no strings hooked up.

Between 2021-2023, the US withheld tons of of thousands and thousands of {dollars} in army support to Cairo because of the Sisi regime’s awful human rights report.

With it’s weak function within the Israel-Hamas struggle, Egypt was on the point of financial collapse till the Biden Administration bafflingly threw it a lifeline, critics declare. REUTERS

However mere days after Cairo opted to go along with Washington’s chief superpower rival to modernize its air pressure, the State Division introduced that it’s rewarding Egypt for its treachery.

“This determination is vital to advancing regional peace and Egypt’s particular and ongoing contributions to US nationwide safety priorities, notably to finalize a cease-fire settlement for Gaza, deliver the hostages dwelling, surge humanitarian help for Palestinians in want, and assist deliver an everlasting finish to the Israel-Hamas battle.”

This State Division announcement holds the important thing to understanding why Egypt isn’t nervous about double-crossing Washington.

Because it turns inward to China and away from the US, Egypt is ditching its fleet of American-made F-16 figter-jets. AP

Removed from rewarding Egypt for its actions since Hamas invaded Israel on Oct. 7, the US ought to have sanctioned it.

With out Egypt, Hamas would by no means have been in a position to construct up the huge arsenal of missiles and weapons that it used to invade Israel on Oct. 7, and to wage struggle in opposition to Israel till right this moment. 

Since Israel seized management over the Gaza aspect of the Gaza-Egypt border in Might, its forces have found greater than 50 subterranean tunnels that cross into Egypt.

One such tunnel was 10 toes tall and broad sufficient for a truck to drive by. 

The Biden-Harris administration offered Egypt with $1.3 billion in support. REUTERS

The Egyptian aspect of the border is managed by a consortium known as the al-Organi Group. Egyptian President Sisi’s son, Common Mahmoud Sisi, is a silent associate in Organi’s operations.

These embody getting paid tens of thousands and thousands of {dollars} for all items and other people traversing the border with Gaza.

Hamas is the official Palestinian department of the Muslim Brotherhood. Sisi rose to energy in 2013 by ousting the Muslim Brotherhood regime from energy they usually stay mortal enemies.

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Given this, the Egyptian president may have been anticipated to face with Israel in opposition to Hamas. However the reverse has been the case.

Because the outset of the struggle, Sisi and his senior officers have repeatedly threatened to abrogate Egypt’s 1979 peace treaty with Israel if Israel fails to relent in its struggle effort. 

America’s relationship with Egypt is rooted in that peace treaty. Washington brokered it. The Biden-Harris workforce may have been anticipated to react with fury to Sisi’s threats.

Egypt has opted to order Chengdu J-10 jet fighters comparable to these as an alternative of their American-made counterparts, in response to studies. Getty Photographs
An Israeli soldier stands in an underground tunnel discovered beneath Shifa Hospital in Gaza Metropolis. AP

However simply as was the case with the F-16 snub, so right here, the alternative occurred.

The administration responded to Sisi’s open animosity and fixed threats to Israel by rewarding and praising him as its key associate. 

Sisi moved from siding with Hamas in opposition to Israel to standing with China in opposition to the US.

And the administration responded by giving him $1.3 billion in unconditional army help (whereas sustaining its unofficial embargo of offensive ordnance in opposition to Israel). 

The message he acquired and acted on is apparent: Below Joe Biden and Kamala Harris, standing with America is for suckers.  



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