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Hosni Mubarak, the survivor, returns

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CHEATER OF MISFORTUNE: Egypt’s ousted president Hosni Mubarak inside a dock at the police academy on the outskirts of Cairo in 2014. An Egyptian court sentenced him to three years in prison on charges of stealing public funds, Reuters/UNI

[vc_row][vc_column][vc_column_text]The former Egyptian president’s acquittal shows he still wields power with the West. The question is will his influence lead to the release of the thousands of other political prisoners languishing behind bars?  

By Sujit Bhar

That Egypt’s military junta respects tradition was proved once again through the acquittal and release of ex-President Hosni Mubarak from house arrest.

On March 24 Mubarak left the military hospital where he was detained—in Maadi, south of Cairo—and immediately left under heavy security for his home in the posh Heliopolis area. Egyptian newspaper al-Masry al-Youm has quoted his lawyer Farid el-Deeb as saying that Mubarak had a relaxed breakfast with wife Suzanne and their two sons Alaa and Gamal.

The 88-year-old leader had always maintained that he was in no way responsible for the death of nearly 900 protesters during the 25 January 25 to February 11 uprising in 2011. He had been sentenced to life, but an appeals court later had dismissed charges against him.

Technically, there has been no one directly held responsible for the deaths and, according to experts, nor will any one be. The deaths will have been for nothing. The expert, quoted in the media, says that for all practical purposes Egypt has remained in the grips of the military since 1952. That was when Egypt’s first president Gamal Abdel Nasser took over power, overthrowing King Farouk in what can be called the first Egyptian Revolution.

Anwar Sadat, who can be called the real builder of modern Egypt, was a confidante of Nasser, and became his vice-president as the new junta took control. Sadat was never too far away from the military, which always had a say in matters of policy.

When Sadat was assassinated in 1981, openly during a military parade in Cairo, Mubarak was at his side, and narrowly escaped the bullets. He was inducted into the presidency, with senior leaders expecting him to be a puppet president who does their bidding. Mubarak was, anyway, not expected to last long in the position.

The military believed it too, but later joined hands with Mubarak in steering the country, and Mubarak lasted a little under 30 years in his position with the tacit support from the military and, of course, the West.

The Sadat-Mubarak period has been the most colourful and, according to some, the most politically romantic in Middle East politics.

Sadat was a visionary. Despite the overarching presence of the military, he led the country from relative insignificance to a politically prominent position the world. In the 11 years that he led Egypt (he became president in 1970), he not only set up another multi-party system of democracy, but also opened up the country’s economy in what was called his Infitah economic policy.

Those were his wise development agendas, while on the populist side his dealings with old enemy Israel were incredibly impressive. As a start, he gave his Arab reply to Israel’s 1967 Six-Day War through his 1973 Yom Kippur War in which he regained Egypt’s Sinai Peninsula. That sealed the hearts of the people of not just Egypt, but of all the Arab world.

IN MARKED CONTRAST: Muhammad Anwar el-Sadat, the visionary president who put Egypt on the path of peace and progress, was assassinated in 1981

IN MARKED CONTRAST: Muhammad Anwar el-Sadat, the visionary president who put Egypt on the path of peace and progress, was assassinated in 1981

And then he did a bit for himself as well. He negotiated the Egypt-Israel Peace Treaty that won him and Israeli Prime Minister Menachem Begin the Nobel Peace Prize in 1978. It might also have sown the seed of his own destruction.

Following in the footsteps of a person like Sadat wasn’t easy for Mubarak. He survived no less than six assassination attempts. But he again managed to dodge the assassins’ bullets.

Mubarak’s hold on the throne was primarily because of his proximity to the West, especially the US, a shift in policy from being close to the then USSR. The US, of course, decided to overlook all of Mubarak’s indiscretions, installing him as virtually a dictator and a key ally in the Arab world.

He would have faced the same fate as Libyan dictator Muammar Gaddafi, but he chose to keep his allies close in every move he made. It has been said that even during the Arab Spring uprising, when social media for the first time carried live pictures around the world,  Mubarak was well ensconced within his Western allies’ security.

The difference between Mubarak and Sadat would be in their relation with the masses. Human rights abuse has been rampant in Egypt in the years that followed the Arab Spring movement. Even as Mubarak enjoyed a lavish and comfortable breakfast with his family, there were “thousands… still languish[ing] in horrific prison conditions”, which was how Harriet McCulloch, deputy director of human rights organisation Reprieve, described ground realities to Al Jazeera. “Many face the death penalty on charges relating to protests, in mass trials that make a mockery of due process.”

Mubarak is the last president wowed by the West. The western relationship with the Middle East had undergone a sea change during President Barack Obama’s regime, with focus shifting to Syria, where the Muslim Brotherhood was fooling people, mingling with the rebels against President Bashar al-Assad. Obama was stopped in the nick of time from sending support strikes for the “rebels”, because that would have been technically helping the Brotherhood’s agenda. The Brotherhood has been considered a terrorist right wing organisation.

That the Muslim Brotherhood has its roots in Egypt is no secret. With the Saudi-UAE axis against the Brotherhood presenting a strong force, the West was more inclined to back that group, with Egypt’s interests left in its wake.

There seems to have been no special change in this approach in the Donald Trump era, though no clear policy consensus has emerged from this befuddled administration, more inward looking than ever before. That, sort of, leaves Egypt in the lurch.

The military junta in Egypt cannot survive in isolation, quickly becoming a footnote in the overall Arab picture. The dominance it had during Sadat’s regime has eroded and the only secure link that the country still has with the West is through one Hosni Mubarak.

Mubarak’s release from prison, therefore, should not surprise anybody. It would be unwise for the military junta to carry out policy decisions against the wishes of its western allies, and Mubarak is a person who still wields immense clout in regions that matter.

Egypt’s economy has hit a plateau, with his humongous tourism industry having dipped dangerously. Its exports are in very bad shape and domestic consumption cannot be pushed without further outside incentives.

The sins of the uprising will now vest with the commoners still behind bars. Those few days of freedom have resulted in many more years of subjugation. One has to see if the West can do a double deal of getting those unfortunate souls released from jail.

That, probably, would be Mubarak’s only gift to Egypt.[/vc_column_text][/vc_column][/vc_row]

Latest world news

India considers tax relief to attract foreign investors amid Iran war impact

India is evaluating tax incentives, including a possible capital gains tax exemption on government securities for foreign investors, to support capital inflows amid economic pressures linked to the Iran war.

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India is considering a set of measures aimed at attracting more foreign investment as the ongoing Iran war continues to create pressure on the country’s economy, according to reports citing government sources. One of the key proposals under discussion is the removal of capital gains tax on investments made by foreign portfolio investors (FPIs) in government securities.

The move comes at a time when geopolitical tensions in West Asia have pushed up global oil prices, weakened investor sentiment and increased pressure on the Indian rupee. India, which imports a significant share of its crude oil requirements, has been among the countries closely monitoring the economic fallout from the conflict.

Government exploring ways to boost capital inflows

Officials are reportedly evaluating tax-related incentives to make Indian debt markets more attractive to overseas investors. The proposed exemption on capital gains from government securities is aimed at encouraging foreign portfolio investment and supporting capital inflows during a period of heightened global uncertainty.

The government is seeking to counter the impact of foreign capital outflows that have intensified amid concerns over the Iran conflict and its implications for energy markets and global economic growth.

Rupee and markets under pressure

Recent weeks have seen increased volatility in financial markets, with foreign investors pulling money out of Indian equities. Analysts have linked part of the pressure on the rupee to rising oil prices and continued overseas investor withdrawals.

Market participants believe that measures aimed at attracting foreign investment into government securities could help improve investor confidence and provide support to the domestic currency.

Broader economic concerns

The Iran war has added to concerns about inflation, economic growth and India’s external sector. Higher energy prices can increase import costs and put pressure on inflation, while sustained foreign capital outflows may affect financial market stability.

While no final decision has been announced, discussions on easing tax rules for foreign investors reflect the government’s efforts to strengthen capital inflows and cushion the economy from external shocks.

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US proposes new tariffs on India over forced labour concerns amid trade negotiations

The United States has proposed additional tariffs on imports from India and 59 other economies following a Section 301 investigation into forced labour-related trade concerns.

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Donald Trump statement

The United States has proposed imposing additional tariffs on imports from India and 59 other economies after concluding that these countries have not taken sufficient steps to prevent the importation of goods allegedly linked to forced labour. The proposal was announced by the Office of the US Trade Representative (USTR) as part of an investigation conducted under Section 301 of the US Trade Act.

According to the USTR’s findings, India could face an additional tariff of 12.5% on goods exported to the United States. The proposed measure is part of a broader plan targeting 60 economies, with tariff rates ranging between 10% and 12.5% depending on the findings related to each country.

India among countries facing higher tariff proposal

The USTR said India had not effectively enforced restrictions on imports made using forced labour, describing the issue as a burden on US commerce. The agency argued that inadequate enforcement by major trading partners creates unfair competition for American workers and businesses.

While countries including Canada, Mexico, the European Union and the United Kingdom are proposed to face a 10% tariff, India is among a larger group of economies that could be subjected to a 12.5% duty under the recommendation.

Proposal comes during India-US trade discussions

The tariff proposal has emerged while Indian and US officials are engaged in trade negotiations aimed at strengthening economic ties between the two countries. A US delegation led by Assistant USTR Brendan Lynch is currently holding discussions with Indian officials in New Delhi.

India’s Commerce Ministry has indicated that discussions with the United States on the matter are continuing and noted that the proposed tariffs have not yet been finalised. The USTR has invited public comments on the proposal until July 6, with a public hearing scheduled for July 7 before any final decision is taken.

Certain products may remain exempt

The proposed tariffs include exemptions for several categories of goods, including some energy products, pharmaceuticals, rare earth materials and selected agricultural commodities. Additional details regarding sector-specific measures, including proposed textile-related actions, are expected to be released separately.

The latest move follows a Section 301 investigation launched earlier this year into forced labour concerns across global supply chains. Any final decision on imposing the tariffs will be made after the consultation process is completed.

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Trump reportedly rebukes Netanyahu over Lebanon strikes amid ceasefire concerns

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US President Donald Trump reportedly delivered a sharp rebuke to Israeli Prime Minister Benjamin Netanyahu during a phone call over Israel’s military actions in Lebanon, as concerns grow that renewed hostilities could jeopardise fragile diplomatic efforts in the region.

According to multiple reports, Trump expressed frustration over Israeli strikes linked to ongoing tensions with Hezbollah in Lebanon. The reported exchange came at a sensitive time, with Washington attempting to prevent further escalation while also pursuing broader diplomatic discussions involving Iran.

Reports point to unusually tense exchange

Sources cited in international reports said Trump used unusually strong language during the conversation, warning that continued military actions risked damaging efforts to stabilise the situation. One report claimed Trump told Netanyahu that his actions were hurting Israel’s international standing and complicating diplomatic initiatives.

The reported disagreement followed Israeli operations against Hezbollah-linked targets in Lebanon. While Israeli officials argued that the actions were a response to security threats and ceasefire violations, the US administration has been pushing for restraint to avoid a wider regional conflict.

Lebanon fighting threatens broader diplomatic efforts

The latest tensions come amid efforts to maintain a ceasefire framework between Israel and Hezbollah. US officials have been involved in discussions aimed at reducing hostilities and preventing attacks on major Lebanese population centres, including Beirut.

Reports indicate that Trump personally intervened to discourage further escalation and support negotiations intended to preserve regional stability. Hezbollah has reportedly signalled a willingness to consider a broader ceasefire arrangement if reciprocal commitments are made.

Differing public messages after the call

Despite reports of a heated conversation, Trump later suggested publicly that discussions had been constructive and that progress had been made toward reducing tensions. Netanyahu, however, maintained that Israel would continue to respond to security threats and would not alter its overall approach toward Hezbollah if attacks persisted.

The developments highlight growing challenges facing diplomatic efforts in the Middle East, where the conflicts involving Israel, Lebanon and Iran remain closely interconnected. Analysts say any major escalation in Lebanon could further complicate ongoing negotiations and increase instability across the region.

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