Islamists Capture Egyptian Presidency

Islamists around the world celebrated as the Muslim Brotherhood claimed the Presidency in Egypt.

Mohammed Morsi received 13.2 million votes to 12.3 million for opponent Ahmed Shafiq. The powers of the Presidency are still in question as the ruling military is expected to curtail powers in the new Egyptian constitution.

In his victory speech, Morsi said he would be a president for “all of Egypt” and would not be rushing in impose Islamic Law but that conflicts with statements made to supporters. Five months ago he told a rally in Cairo that the nation’s capital would eventually be “in Jerusalem.” Continue reading

Muslim Brotherhood Warning of “Dangerous Days”

The Muslim Brotherhood, recently removed from power as the result of a Supreme Court ruling that overturned the election that placed them in power, is stating that any return of power to those connected to the previous regime will create “dangerous days.”

The threat comes as the Muslim Brotherhood’s candidate faces off in the Presidential election this weekend with former prime minister Ahmed Shafiq. Shafiq was the last prime minister of the Mubarak regime. Continue reading

Greeks Make $1 Billion A Day Run On Banks

Rumors a radical leftist party which favors a return to the drachma is running neck and neck for the lead in the elections scheduled for Sunday is driving a run on Greek banks. Bankers are reporting that up to 800 million euros, or around $1 billion US dollars, is being pulled from major banks every day.

Retailers are reporting that people are using the money to stock up on pasta and canned goods. Continue reading

Egyptian Presidential Candidate Accused Of Harassing Christians

Egyptian presidential candidate Ahmed Shafiq has told the BBC that his opponent, Muslim Brotherhood candidate Mohammed Mursi, has been harassing Christians in an attempt to keep them from voting in the country’s upcoming election.

Shafiq also said that the Muslim Brotherhood aims to make Egypt a “sectarian” state despite their public posturing that they would not be seeking to impose Sharia Law on the nation. Continue reading