Tanks loaded on a train prepare to enter Cairo, ahead of demonstrations against Egyptian President Mohammed Morsi.
Tanks loaded on a train prepare to enter Cairo, ahead of demonstrations against Egyptian President Mohammed Morsi.
Tanks loaded on a train prepare to enter Cairo, ahead of demonstrations against Egyptian President Mohammed Morsi.
Tanks loaded on a train prepare to enter Cairo, ahead of demonstrations against Egyptian President Mohammed Morsi.

Egyptian military ships in troops ahead of anti-Morsi protests


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CAIRO // Egypt's military yesterday shipped in troop reinforcements and extra supplies of armour to bases near Egyptian cities ahead of Sunday's protests, planned by the opposition to force the Islamist president, Mohammed Morsi, out of office.
The announcement of the additional military presence came amid heavy speculation over the army's role in the crisis, the severity of which was demonstrated north of Cairo yesterday during fighting between supporters and opponents of Mr Morsi.
With Egypt gripped by fears of a showdown between Islamists and their opponents, security sources said two people were killed and 90 injured in the city of Mansoura when hundreds of men were involved in street battles.
There was also fighting in the nearby Nile Delta city of Tanta.
The presidency said the military had been coordinating closely with Mr Morsi's government in the run-up to the protests, but activists said they were looking to the army for protection from hardline government supporters.
Some Islamists accuse activists of paving the ground for a coup, a charge the opposition vehemently denies.
Officials said the deployments were restricted to the outskirts of major cities and inside existing military facilities.
In Cairo, the focus of Sunday's protests, the extra troops went to major bases to the east and west of the city of about 18 million people.
The protests mark the end of Mr Morsi's first year in office.
On Sunday, Gen Abdul Fattah Al Sisi, the army chief who is also the defence minister, gave Mr Morsi and the opposition a week to reach an understanding to prevent bloodshed. There has been no sign of compromise by either side.
Gen Al Sisi also warned that the military would intervene to stop the nation from entering a "dark tunnel".
Mr Morsi, who addressed the nation yesterday, has sought to project the impression of business-as-usual since Gen Al Sisi's comments on Sunday.
He has discussed with cabinet ministers fuel shortages and power cuts, and urged others to ensure that basic goods were available ahead of the start of Ramadan.
However, the build-up to the protests comes as the country is paralysed by an acute shortage of fuel that has created massive traffic jams caused by long lines outside gas stations. Egyptians have also been angered by a steep rise in prices that has been caused in part by the sliding value of the Egyptian pound against the US dollar.
Cabinet ministers blamed the fuel shortage on corruption, rumours and hoarding by a public that is nervous about the protests.
Mr Morsi's opponents calculate they can force him out through the sheer number of people they bring into the streets on Sunday, building on widespread discontent with his running of the country, plus the added weight of the army's declaration that it will protect them against attacks.
His backers say the mainly liberal and secular political opposition is planning a coup to remove an elected leader because they cannot compete at the ballot box.
Meanwhile, security forces have detained an Shiite activist for possessing of illegal weapons two days after Shiites were killed during an attack by Sunnis in a town near Cairo, a prosecution source said yesterday.
Mohamed El Dereiny was found with two machine guns and detained by security forces on Tuesday. He will be held for four days, pending an investigation, the source added.
* Associated Press with additional reporting by Reuters

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The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

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New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

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The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

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A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur  Sheikh Zayed

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