Shock Doctrine in Egypt: Sharif Abdel Kouddous on Post-Mubarak Economic Crisis, Election
April 10, 2012
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14:39Now PlayingShock Doctrine in Egypt: Sharif Abdel Kouddous on Post-Mubarak Economic Crisis, Election
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as posted by the channelDemocracyNow.org - As Hosni Mubarak's former spy chief Omar Suleiman announces he will run for president and Egypt teeters on the edge of an economic crisis, we discuss the state of post-revolution Egypt with Democracy Now! correspondent Sharif Abdel Kouddous, based in Cairo. Suleiman headed Egypt's intelligence services for more than 18 years, becoming a close U.S. ally and playing key role in the Bush administration's extraordinary rendition program. Now he joins a crowded field of candidates in the presidential election set to begin May 23. Kouddous notes Egypt's economy has reached a critical juncture, as the country faces a large budget deficit and is running out of its foreign currency reserves even as it relies on imports for key food staples, such as wheat. Kouddous is in New York to to accept this year's Izzy Award for Special Achievement in Independent Media for his reporting on the Egyptian revolution.
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