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Art Cashin Issues His Latest Warning On Egypt

Last week, when we discussed the recent ominous gas deal cancellation between Egypt and Israel we warned that the May Egyptian presidential election is the one that nobody is concerned about, yet should be far more prominent on everyone's radar, especially in the aftermath of not only the recent deterioration of Egypt-Israel relations, but also the withdrawal of the Arabian ambassador from Cairo.
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Ampal: Egypt nixed gas deal because we sued Cairo

News : The Coming Crisis (3 years ago)

Head of Egyptian Natural Gas Holding Company announced Sunday that it was terminating its agreement to provide natural gas to Israel due to Jerusalem's 'repeated breaching of the agreement.' Egypt canceled the natural gas deal with ... Read Post

Egypt cancels Israeli gas contract

News : The Coming Crisis (3 years ago)

Termination of 20-year deal, which provided 40% of Israel's natural gas, seen as sign of fraying relations between allies. Egypt has cancelled a 20-year contract to supply Israel with natural gas in a move interpreted as a sign of i... Read Post

Egypt-Israel Gas Issue Becoming Explosive

News : The Coming Crisis (3 years ago)

Cairo — The two weeks since Egypt's abrupt cancellation of a Mubarak-era gas-export deal with Israel have seen an exchange of indirect threats and warnings between the two countries, culminating in an apparent Israeli military build... Read Post

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