Mass Exodus of Christians from Muslim World

Millions of Christians are being displaced from the Islamic world according to a report from the U.S. Commission on International Religious Freedom.

“The flight of Christians out of the region is unprecedented and it’s increasing year by year,” the Commission stated in a report.  “[in our lifetime] Christians might disappear altogether from Iraq, Afghanistan and Egypt.” Continue reading

Video Shows Egyptian Police Helping Muslims Attack Christians

MidEast Christian News has released a video recorded April 7th when Muslims attacked a cathedral where Christians were mourning five men killed by a Muslim group.

The video shows men shooting guns, throwing stones and swinging machetes as the Christians carry caskets out of St. Mark’s Coptic Orthodox Cathedral while police stand and watch the Islamists attack. At one point in the video, a police officer is shown helping a gunman aim at a courtyard of mourners. Continue reading

IMF and Egypt Negotiating $4.8 Billion Loan

The Egyptian government is seeking a massive loan from the International Monetary Fund to help the country’s foundering economy.

The negotiations between government officials and IMF representatives in Cairo is contingent on proving that the nation is serious about economic reform.

The Egyptian pound has lost ten percent of its value since the beginning of 2013. Inflation has significantly risen and the lack of funds has caused the government to cut back on imports. Continue reading

Egyptian Foreign Currency Reserves Dive In January

Egypt’s foreign currency reserves took a major hit in January falling 10%.

Egypt’s central bank said that reserves fell $1.4 billion during the month as political unrest and violent protests start to have a major impact on the government’s ability to collect funds. The dip raises significant concerns about the stability of the Muslim Brotherhood-led government. Continue reading

Syrian Troops Kill 19 In Aleppo

Syrian troops have killed at least 19 people in shelling around Syria’s largest city of Aleppo according to activists. Most the people killed in the government assault were women and children.

One opposition activist reported the death toll from the Aleppo attack is 54.

In a surprising statement against a fellow Islamic leader, Egypt’s new President Mohammed Mursi is calling for Syrian President Bashir al-Assad to step down. Continue reading

Egypt Requests Loans From IMF

President Mohammed Mursi took the opportunity to request a loan for the nation during a visit from the head of the International Monetary Fund.

IMF chief Christine Lagarde promised that the IMF would respond to the request quickly and Egyptian Prime Minister Hisham Qandil told the press he hoped to have the deal finished by the end of the year. Continue reading

Egyptian President’s Attempt To Open Parliament Refused

Egyptian President Mohammed Mursi’s attempt to reopen the country’s parliament has been rejected by Egypt’s highest court. The court had previously ruled the election of most of the parliament was unconstitutional and required new elections.

Mursi, who claims to have resigned from the Muslim Brotherhood but is still closely affiliated with the group, wants to get the parliament back in service because most of the seats in the tainted election were won by Muslim Brotherhood candidates. Continue reading

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