former finance minister and economist say that Egypt is in a serious condition such as foreign investment and the collapse of tourism
Egypt suffers from its worst economic crisis since the Great Depression, a former finance minister of the country and one of the leading economists have warned.
In terms of its devastating effects on Egypt's poor economic situation is the worst since the 1930s, Galal Amin, Professor of Economics at the American University in Cairo, and Samir Radwan, Minister of Finance in the months of 2011, the Egyptian uprising, said in separate interviews with the Guardian.
Since the fall of Hosni Mubarak in 2011, Egypt has experienced a drastic decline in foreign investment and tourism revenues, followed by a 60% decline in foreign exchange reserves, a decrease of 3% growth and the rapid devaluation of the Egyptian pound. All this has led to a proliferation of food prices, unemployment balloons and shortages of fuel and cooking gas - leading to the worst crisis in Egypt, Amin said, "unequivocally, since the 30"
"Nobody cares about the poor today," said Amin. During the crises in the 1960s until the mid-70s and late 80s, Amin Radwan Egypt argued that the poor were variously absolute poverty is protected by government subsidies, foreign aid, relatively low unemployment, or remittances from expatriates in the Gulf. But now, one in four young Egyptians are unemployed, remittances are low, and there is a shortage of subsidized goods.
"We are talking about almost half of the population is in a state of poverty," said Radwan, a development economist. "Whether in absolute poverty or near-poor, which means that any shock [economic] as inflation will fall below the poverty line." Currently, 25.2% of Egyptians live below the poverty, with 23.7% just above hover, according to figures from the Egyptian government.
For most Egyptians, rising food prices are the most critical problem. Some products have doubled in price since last fall - a disaster for a quarter of families already spend 50% of their income on food
For Hoda Goma, an architect of Cairo, the situation takes a toll on her two children eight years. "They get worse in school," he said. "They are sick more often. Han these black spots before his eyes and his teeth got worse. "
corresponds to your diet, explained Goma. You can not afford to feed them what they need. For six months he spent half of his salary on food. Now he says he is closer to four-fifths - not because they earn less, but because rising food prices show no sign of slowing down
"Prices are on fire," said the trader Walid Ali. Last week, Ali buy a kilo of mandarins by four Egyptian pounds - 40 British pence - wholesalers and sell them for six (60 pence). "Now, I buy and sell six to eight."
As a result, consumers are either buying less, or not buy at all. "It is impossible," said Ali. "I lost half of my clients. People can not afford to buy food." On the market of two floors in the center of Cairo, the top floor is completely empty. Neighbors said they all stall holders at the highest level had been forced to close in recent months.
inflated food prices are not a new phenomenon in a country that is the world's largest wheat importer, where the population has grown much faster than production, and where nearly half the Production is rotting in the heat on the way to market. But the recent inflation rate increased significantly by the dire economic situation in Egypt.
more problematic, the value of the Egyptian pound fell 12% against the dollar since December. For two years, the Central Bank of Egypt had used its foreign exchange reserves to stop the fall - but the reserves have fallen by 60% since 2011, the bank had to abandon the tactic of last winter. As a result, the value of the pound has dropped this year more quickly. In turn, it has become much more expensive to import foreign products - catastrophic for a country to purchase 60% of its wheat, and whose farmers also often rely on food fertilizer, fuel and imported animals
"They have a major crisis on their hands," said the EU envoy to Egypt, James Moran, who noted that foreign reserves in Egypt have fallen $ 36 billion ( 24 billion) three years ago to $ 14.4 billion months past "It gives coverage of imports of less than three months -. and an economy dependent on imports, which is very dangerous."
"We are suffering," said Ali Eissa, chairman of Nahdet Misr, a farm that grows potatoes and oranges on 3,000 hectares throughout Egypt. "He touched the majority of fertilizers, machinery, tractors. - All prices increased dramatically,"
- devaluation of sterling has also made it more difficult for the Egyptian government to import fuel. The state subsidized diesel (with products such as bread, cooking gas and fertilizer) and the dictatorship of Gamal Abdel Nasser. But these grants represent more than a fifth of the budget of Egypt, and with a budget deficit of 13%, the state can not afford to support the population level it had before. As a result, there is a daily lack bombs throughout Egypt, long queues - and sometimes deadly fighting
- "Last month, we did not find diesel," said Eissa, who was therefore obliged to resort to the black market, where it is said that fuel prices are between 40% and 80% higher than the statutory rate. "The worst thing is that most of the quantities on the black market are mixed with water -. D 'Breaking number of our machines, we need to change the filter, put the hand, stop watering, stop tractor. "
far Mohamed Morsi Islamist government tried to keep afloat Egypt with short-term measures. It has been accepted for loans and grants worth more than $ 5 billion of Gulf states such as Qatar and documents Fuel interesting to neighboring Libya. Domestically, it has avoided major economic reforms that can cause short-term disruption - perhaps for fear of riots similar to those seen in 1977 bread, when the then dictator Anwar Sadat first tinkering with subsidies temporarily. Instead, Morsi has focused on initiatives such as meaning higher taxes on imports of devices such as shrimp and nuts, or stores closing early in the evening to save electricity. Morsi also attempted to legalize the controversial
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radical changes to legal aid could mean being represented by the same company that prisons
Imagine the following scenario: you're at a gathering of thousands of people about something you believe in the force - against the government to go to war, for example, or against a massive increase tuition, or because the cuts you and many know in a precarious situation disappeared. You do not know what the exact path is, perhaps, but he met the other starting point and follow the crowd. Someone along the road through a small card with the details of law firms specializing in cases of protest. You think, "I do not need that, I do not go into something confrontation", but I put the card in my pocket anyway.
few hours later, after being surrounded the crowd, charging police horses. You are at the front, fear and anger. You scream and you pushed a police officer. A few hours later, people in the boiler are released in a row, you are arrested and taken to the police station. Asked about a lawyer, you remember the card in your pocket and dial the number. Later, accused of a serious public order crime, it is recommended by your lawyer, based on evidence, plead "not guilty." After a trial that was unanimously acquitted by the jury and free, so little disoriented and irritated by the experience, to get on with his life.
- While a good lawyer and good advice is not a guarantee of absolution, you can - and often - the difference: the right to a lawyer of their choice, regardless of income, the race, sex or nationality, with the jury system, the cornerstone of justice in an unjust world.
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as the "war against drugs", trying to regulate 3D printing can be an invitation to disaster, however honorable intentions
On the Internet, things escalate fast - very fast. It starts with the plans of the first "full" 3D Printer gun (not quite complete: neither bullets nor hammer printable).
Cody Wilson, who designed the prototype drawings published online for anyone to download. After two days, and 100,000 downloads, the State Department ordered the killing.
plans explained in violation of United States controls on arms exports. The problem is not Americans have downloaded the plans, but the risk sanctioned groups somewhat abstract, or those affected by export bans discharge of weapons plans and printing.
The result of these good intentions certainly was predictable: it had exactly the opposite effect of what the State Department wanted. There is a famous Internet phenomenon - the Streisand effect - that, in short, says that there is no better way to promote an image, a story or upload to the Internet ban
news readers on the project soared, research has soared, the same models are already in use on the network file sharing Pirate Bay, including peer-to-peer and sites.
This is a very early - and ultimately, probably insignificant - cock-up in what could easily sink into a prolonged war online. Few people have 3D printers, and today it is not the best way to control illegal weapons. The design itself is supposed to be a "Saturday Night Special", perhaps a weapon dangerous to the user that the person concerned.
- But the broader political risk could be is huge. This is a ban that will be almost impossible to achieve:. Like almost all companies in the music show, stop sharing files online with the ban sites or devices more or less similar to the arrest of a tsunami with a bucket
- Another approach might be to try to prohibit or regulate 3D printers themselves. It is stifling a potentially revolutionary technology to treat a hypothetical risk - and that's even before the practical problems of the definition of a 3D printer for the legislation. It must be defined in general terms of a law to be effective, but just enough so that the police did not have half of the equipment used in the manufacture of everyday. It is likely a vain ambition.
As if that was not enough of a deterrent, trying to legislate or prosecute 3D printing could be one of the first subjects of history that unites the first and second amendment activists in same case. That would certainly be enough to give pause to many members of Congress.
lawyer Barbara Hewson denounces "persecution of the old." She is not the only criticism of the law who should know better
Last replicationfollowing revelations Rochdale Jimmy Savile and has not been another famous from the list of defendants name, but an attempt to reject an obvious turning like a little moral panic. Lawyer Barbara Hewson writes sharp magazine operation Yewtree announced by most as a clear case of success for a long time, in fact participate in "the persecution of the old." It makes sense, if you believe as (as Hewson apparently) nothing less than "flogging and rape in padded rooms" is not a "very serious assault."
But perhaps the most disturbing part of the article Hewson concluded that the priority should be to simply reduce the age of consent. Yewtree Having concluded that most victims of Savile were in the 13-16 age group, it is perverse, and not backed up with any mention of the fact that children of this age have sufficient capacity to consent - all the principle of the law in the first place. As such, the amounts to your suggestion nothing more than a large and very ugly carpet to sweep the problem -. In addition to being surprisingly harsh to victims who came to speak to us about the long-term impact of violence
- Hewson has not yet, however, inadvertently revealed something important, which is the lack of feedback from the media informed on legal issues such as the age of consent, they do not need and deserve to be debated Outside the court and law schools. Some commentators social media reacted to his room to attack personally or calling their discipline, but what they lack is that it is not quite one voice. Actually, your article is by no means the first to destroy the issue of sexual consent recently.
Although the law theoretically classify it as a crime, is for CPS to decide whether what seems a clear violation of the law is actually in the public interest to prosecute. Which, as stated in its guidance to the public, it is in the case of teenagers who agree: "Children of the same or similar age is very unlikely to be prosecuted for engaging in sexual activity where the consensual activity and no abuse or exploitation. "
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not going to usher in an era of widespread possession of a weapon, but it illustrates the impact that these printers have in our lives
first weapon in the world, almost entirely with a 3D printer has exploded in the U.S. successfully. But it will not usher in an era of widespread possession of a weapon, and certainly no evidence that the 3D printing technology should be monitored by our security.
gun - called the "liberator" and produced by the Defense distributed a group described as the goal to "defend civil liberties popular access to weapons" to "information and knowledge relating to 3D printing arm "- is the second that has hit the headlines over the past year In July, an American gunsmith prints the lower receiver for an AR-15, a type of modular assault rifle popular among. . amateurs Although not being able to take only one component is legally considered a firearm in the United States, so that the rest of the gun - the barrel, trigger, cartridges and other - you can buy without a license
The Liberator is a more serious problem. All necessary parts can be printed on a 3D printer striker except metal, which is made of a single nail. (To comply with the laws of the United States, the pistol as product also includes a portion of 175 g of steel inside, so no metal detectors bypasses). It is a weapon all the way, and so recognizable.
- But still technically simple. This is because the principle behind a barrel is not too difficult: loading a ball in a reinforced tube and hit the back of the same strength. This is an engineering problem of street gangs in the 1950s to solve with wooden boxes and antenna elastic bands, build "zip guns" to shoot each other, and is also the basis for air rifles and pistols converted to plug the hard things -. learning to shoot accurately, repeatedly, without jams or blowing in the face - is still a long way to go for 3D printers, and even better. weapon for 3D printed is dependent on another person to make gunpowder.
- The scandal surrounding the printing arm shows the true 3D printing will be the impact on our daily lives. By expanding the scope of "digital goods" in the physical world, extends to questions we have been struggling with the Internet time - how to control instructions piracy copy protection, encryption of files or bomb making ( apparently followed the last instructions of brothers in Boston lethal Tsarnaev) - a new field
Although there are drawbacks for some, others benefit greatly. Initiatives such as Project Gutenberg or Google's plan to digitize all print books in English have significantly increased the proportion of human knowledge available to the average person, and if you're struggling to restore a century-old car the fact that the company that has that has not existed for 30 years and did not prevent him from being able to print the right to restart.