June 17th will not just be a key date for the future of the euro with the Greek election on that day, this will also be the day we learn who becomes the next president of Egypt. Will it be Muslim Brotherhood candidate Mohammed Morsi or Ahmed Shafiq, who served as Hosni Mubarak’s final prime minister during Arab Spring last year.
Mr Shafiq portrays himself as the strong hand to keep Egypt stable and pro-business, although also pro-reform. Mr Morsi needs to appeal to liberal elements and convince them that political Islam can successfully run the economy.
Meanwhile, Syria is pretty much in a state of civil war with the massacre of 92-people on Friday one of the worst attrocities of the past 15 months of unrest. Both sides blamed each other for this outrageous incident. Kofi Annan’s peace intitiative looks dead with it.
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