One country on the forefront of the battle against the Islamic State is Indonesia, home to the world’s largest Muslim population, which has over the past year successfully crushed militant cells.
There are many—both in the East and the West—who have been confidently betting on the overt plan to marginalize, and, in due course, eradicate the Muslim Brotherhood (Ikhwan) as a sociopolitical movement. In light of the on-going vicious Ikhwanophobia and emboldened brutality of the coup regime, it is hard to counter such contemptuous optimism. But, […]
The Egyptian Stock Exchange’s main index rose a bit over 1% today, one day after a terrorist attack targeted tourists in Cairo. Perhaps investors judge the attack an aberration and are confident that the government will stabilize the situation and reassure tourists. On the other hand, investors could be responding to a $10B bond purchase […]
(By Matthew Axelrod and Joseph Simons) Here’s a first-blush report on yesterday evening’s bombing in Cairo: The attack targeted a café in a tourist area and was clearly aimed at foreigners. The bombs were rudimentary, which means they were either manufactured by amateurs or perpetrators posing as amateurs. Mainstream Egyptian media and a number of […]
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