The simple binary “Morsi vs. the ancien regime”, prevents us from developing a third way out.
What happened on January 25, 2011 was not a revolution. What happened last week was reminiscent of January 25, but led by people who see a closing window of hope for their struggle. Maybe history of a different kind is finally in the making.
Where the world sees two radically opposed candidates, the Egyptian street sees two sides of the same coin.
The proposed $4.8bn IMF loan to Egypt sparked a heated controversy. While the Government claims the funds are absolutely necessary to rebuild the country's economy, opponents warn against potentially disastrous, far-reaching consequences. Their arguments are summarised here.