Tuesday , 3 October 2023

Blog Archives

Explainer: Will The New India-Europe Corridor Affect Egypt’s Suez Canal?

At the G20 conference — the premier forum for international economic cooperation — U.S. President Joe Biden declared that Israel, France, Germany, Italy, the United States, Saudi Arabia, and the United Arab Emirates (UAE) will establish the “India-Middle East-Europe Corridor” (IMEC): a multimode transit corridor spanning over 3,000 miles.

US to withhold $85m military aid to Egypt over political prisoners, rights

The United States plans to withhold $85m in military aid to Egypt owing to Cairo’s failure to uphold US conditions on freeing political prisoners and other human rights issues, a US senator said, with some of the withheld funds being redirected to Taiwan.