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economic empire. In Upper Egypt, the manner in which the military benefits from its ambiguous economic position becomes more conspicuous. While in Cairo the civilian parliament closely follows a checklist of economic liberalization, including eliminating farmers' subsidies and selling state factorie
m stimulus to austerity, they promised big gains in return for the pain. "The idea that austerity measures could trigger stagnation is incorrect," Jean-Claude Trichet, then the president of the European Central Bank, declared in June 2010. Instead, he insisted, fiscal discipline would inspire confidence, and this
as the Arab Spring, they sent Wisner with a message for Mubarak: No killing - and it is time for you to retire. Wisner later recalled the tension of Cairo when he arrived. The city felt nervous ina way he’d not seen before. He landed in the early morning and went almost immediately to see the President.
ailed to predict the crisis and seemed incapable of explaining what was happening to the economy in a convincing manner,” the European Central Banker Jean-Claude Trichet lamented in the aftermath of 2008s cascading, complex financial crises, when markets and officials discovered that the problem with their system was
C 2. The American Interest Israeli Embassy: The Egyptian Bastille? Walter Russell Mead September 11, 2011 -- The attack on the Israeli embassy in Cairo yesterday was the most troubling sign yet that the Egyptian revolution could morph into something much less constructive and stable than many had
l more credible than Jon Huntsman, or Barack Obama. EFTA00586786 lo NYT An Impeccable Disaster Paul Krugman September 11, 2011 -- On Thursday Jean-Claude Trichet, the president of the European Central Bank or E.C.B. — Europe's equivalent to Ben Bernanke — lost his sang-froid. In response to a question about
Entities connected to both Cairo and Jean-Claude Trichet

Barack Obama
PERSON
George W. Bush
PERSON
Benjamin Netanyahu
PERSON
Hosni Mubarak
PERSON
Bashar al-Assad
PERSON
Tehran
LOCATION
Bill Clinton
PERSON
Damascus
LOCATION
Hillary Clinton
PERSON
Samantha Power
PERSON
Department of Justice
ORGANIZATIONLeon Black
PERSON
Baghdad
LOCATION
John F. Kennedy
PERSON
Paul Ryan
PERSONCourtney Wild
PERSON
Michael Jackson
PERSON
Istanbul
LOCATION
Mahmoud Ahmadinejad
PERSON
Recep Tayyip Erdogan
PERSON