Thursday 16 January 2014

Saudi King Sees Egypt Too Big to Fail Under Sympathetic Generals - Bloomberg

Saudi King Sees Egypt Too Big to Fail Under Sympathetic Generals - Bloomberg:

"When Saudi Arabia’s King Abdullah held talks with Secretary of State John Kerry on Nov. 4, his main concern wasn’t U.S. policy toward Iran’s nuclear program or Syria’s war as the visitors had expected: it was Egypt.

The king, 89, insisted that Egypt was too important to be allowed to fail, according to two people familiar with the talks, who requested anonymity because they weren’t authorized to speak to the media. Abdullah is already acting to make sure it doesn’t, joining other Gulf monarchs to pledge $15 billion in aid since Egypt’s army under Abdelfatah al-Seesi ousted Islamist President Mohamed Mursi in July."

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