After drubbing, San Jose Sharks look for response in South Florida
America's Own Assad: Egypt Under Sisi Has 70,000 Political PrisonersMIAMI , Dec. 5, 2024 /PRNewswire/ -- Today at Art Basel Miami, Blue Square X proudly announced an expansion of its art curation services to further elevate the Vision X LED series. Building on its success with collaborations featuring artists like ThankYouX, Nick Thomm , Brooke Einbender , JN Silva, and institutions such as Art Republic and BlackDove, the company continues to lead at the intersection of art and technology. Past installations include Leila Pinto at Pace Gallery, Jennifer Steinkamp at Lehmann Maupin Gallery, and Anthony Samaniego of Art Republic. A Curated Collection for Vision X Scheduled for release in Q1 2025, Blue Square X will launch exclusive contemporary art collections tailored specifically for Vision X LED displays. These collections will enable subscribers to turn their Vision X displays into immersive, gallery-quality art experiences, redefining how contemporary and digital masterpieces are enjoyed. Art Beyond Boundaries This expanded service transforms how audiences interact with art by seamlessly introducing renowned works from established and emerging artists into retail spaces, public venues, and private homes. By merging advanced technology with curated collections, Vision X offers an unmatched platform for showcasing art in visually stunning and immersive ways. Pioneering the Fusion of Art and Technology This expansion underscores Blue Square X's dedication to exploring new frontiers at the intersection of creativity and technology. By combining advanced display technology with thoughtfully curated art collections, the company is redefining how audiences access and experience art, creating deeply engaging, transformative encounters. "Our goal at Blue Square X has always been to push boundaries and explore new ways to connect people with art through technology," said Yitzy Shapiro , COO of Blue Square X. "With this new curation service, we're not just providing a product; we're creating a platform that transforms spaces and inspires deeper connections to art. We're excited to offer this next step in immersive, experiential storytelling." Experiential Marketing Through its curated art services, Blue Square X empowers clients to craft immersive, emotionally resonant experiences that foster brand loyalty and drive engagement. This experiential approach positions Vision X displays as invaluable tools for businesses aiming to captivate audiences through compelling storytelling. Redefining the Art and Technology Landscape Blue Square X redefines the intersection of art and technology through its curated art offerings, transforming audience experiences with cutting-edge display solutions. This initiative reinforces the company's role as a trailblazer, combining innovative storytelling and immersive visuals to deliver unforgettable, industry-leading experiences. For more information about Blue Square X's Vision X LED series and Art Curation Services, visit Bluesqx.com or contact marketing@bluesqx.com Media Contact: Shari Sentlowitz Blue Square X 201-951-2734 Shari@bluesqx.com View original content to download multimedia: https://www.prnewswire.com/news-releases/blue-square-x-expands-art-curation-services-at-art-basel-miami-302324265.html SOURCE Blue Square X
Bryce Thompson scored 17 points and achieved a milestone as Oklahoma State defeated Miami 80-74 on Friday afternoon in a Charleston Classic consolation game in Charleston, S.C. Thompson made 6-of-14 shots from the floor, surpassing 1,000 points for his career at Oklahoma State (4-1), which also got 15 points from Marchelus Avery. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. The aging of the Baby Boomer generation (those born between 1946 and 1964) has significantly increased the share of the U.S. population aged 55+ during the past decade: from 24.9% in 2010, to 30.2% in 2023. And a growing number of these Americans are opting to age in place or downsize—creati... Click for more. American Cities With the Oldest HomebuyersAmber Heard is now back in the headlines after reports of her pregnancy broke out. After her divorce with Johnny Depp, a proceeding that saw multiple days in the courthouse, with its content being the source of news for months and weeks on end. Depp and Heard's divorce battle came to an end some time back, and now Heard is looking at expanding her family, with a second child on the way. Is Amber Heard now pregnant? Although the stage of pregnancy is quite new, according to a Heard spokesperson, nothing can be said much in details about the current developments. However, the spokesperson went on to state that Amber is right now, delighted both for herself and Oonagh Paige, according to a People report. Heard is already a mother to 31⁄2-year-old daughter Oonagh Paige, who was born back in 2021, and now the little girl may finally get her sibling after a few months, as Heard's pregnancy has now been confirmed. As of her personal life, director Conor Allyn, who worked with Heard on the thriller 'In the Fire,' recently mentioned that she was living her best life in Spain with her daughter and just finding happiness in that way. And with a kid on the way, her happiness may now increase by a million times, as so will her daughter Oonagh Paige's. FAQs: When did Johnny Depp's divorce battle end? Johnny Depp and Amber Heard's divorce was finalized in 2017, and saw some massive amount of controversy from both ends. Which is one film Amber Heard is known for? Among many films Amber Heard has worked in, one of her latest films is 'Aquaman', where she served a pivotal role. Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance Value and Valuation Masterclass By - CA Himanshu Jain, Ex McKinsey, Moody's, and PwC, Co - founder, The WallStreet School View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance A2Z Of Finance: Finance Beginner Course By - elearnmarkets, Financial Education by StockEdge View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program (You can now subscribe to our Economic Times WhatsApp channel )Samantha Ruth Prabhu Is Set For 'Action' In Rakt Brahmand, Shares Fist Photo Against Intriguing Red Background
Texas AG sues NCAA to block transgender athletes in women’s sports
Rates of infection for respiratory viruses are currently low in the U.S. but are starting to rise, according to the Centers for Disease Control and Prevention. Flu, COVID-19 and RSV spread more in fall and winter, especially during gatherings, travel and time spent indoors. Dr. Robert Jacobson, medical director of Mayo Clinic's Primary Care Immunization Program, says there are tools to help reduce the risk of becoming severely ill from these respiratory infections. "We're all at risk for getting the flu, and we can actually get (it) more than once a year. Every year, about 10% to 20% of us get the flu," Jacobson says. Along with the flu, COVID-19 and RSV are among the most common respiratory illnesses. These viruses share similar symptoms, risks and prevention strategies. Jacobson's No. 1 tip: Get vaccinated. People are also reading... "This is specific protection your body can make to protect you and your loved ones," he says. Experts recommend washing your hands with soap and water for at least 20 seconds several times a day. Adobe Stock Hand hygiene Along with vaccination, Jacobson stresses the importance of hand-washing. Wash your hands with soap and water to help prevent the spread of germs. "Especially before you eat, when you come home from work, when you come home from bringing your child from day care — both of you should go to the sink — wash your hands with soap and water after using a bathroom, before serving other people food, after being with a group of people, shaking hands with people, wash your hands," he says. Listen now and subscribe: Apple Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts Wash your hands well and often with soap and water for at least 20 seconds. If soap and water aren't available, use an alcohol-based hand sanitizer with at least 60% alcohol. Make sure friends and family whom you're around regularly, especially kids, know the importance of hand-washing. RSV: Who should get vaccinated and what else to know about the virus Additional strategies Tactics to avoid respiratory infections: 1. Avoid touching your face: Keeping your hands away from your eyes, nose and mouth helps keep germs away from those places. 2. Cover your coughs and sneezes: Cough or sneeze into a tissue or your elbow. Then wash your hands. 3. Clean surfaces: Regularly clean often-touched surfaces to prevent the spread of infection from touching a surface with the virus on it and then your face. 4. Avoid crowds: The flu spreads easily wherever people gather — in child care centers, schools, office buildings, auditoriums and on public transportation. By avoiding crowds during peak flu season, you lower your chances of infection. And if you get sick, stay home to avoid spreading infection to others. How do people catch bird flu? Most US teens are abstaining from drinking, smoking and marijuana, survey says More beans and less red meat: Nutritionists weigh in on US dietary guidelines Build your health & fitness knowledgeNYC’s mayor warms to Trump and doesn’t rule out becoming a Republican
Federal appeals court upholds law requiring sale or ban of TikTok in the USDanbury seniors celebrate collegiate signingsRates of infection for respiratory viruses are currently low in the U.S. but are starting to rise, according to the Centers for Disease Control and Prevention. Flu, COVID-19 and RSV spread more in fall and winter, especially during gatherings, travel and time spent indoors. Dr. Robert Jacobson, medical director of Mayo Clinic's Primary Care Immunization Program, says there are tools to help reduce the risk of becoming severely ill from these respiratory infections. "We're all at risk for getting the flu, and we can actually get (it) more than once a year. Every year, about 10% to 20% of us get the flu," Jacobson says. Along with the flu, COVID-19 and RSV are among the most common respiratory illnesses. These viruses share similar symptoms, risks and prevention strategies. Jacobson's No. 1 tip: Get vaccinated. "This is specific protection your body can make to protect you and your loved ones," he says. Experts recommend washing your hands with soap and water for at least 20 seconds several times a day. Adobe Stock Along with vaccination, Jacobson stresses the importance of hand-washing. Wash your hands with soap and water to help prevent the spread of germs. "Especially before you eat, when you come home from work, when you come home from bringing your child from day care — both of you should go to the sink — wash your hands with soap and water after using a bathroom, before serving other people food, after being with a group of people, shaking hands with people, wash your hands," he says. Listen now and subscribe: Apple Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts Wash your hands well and often with soap and water for at least 20 seconds. If soap and water aren't available, use an alcohol-based hand sanitizer with at least 60% alcohol. Make sure friends and family whom you're around regularly, especially kids, know the importance of hand-washing. Tactics to avoid respiratory infections: 1. Avoid touching your face: Keeping your hands away from your eyes, nose and mouth helps keep germs away from those places. 2. Cover your coughs and sneezes: Cough or sneeze into a tissue or your elbow. Then wash your hands. 3. Clean surfaces: Regularly clean often-touched surfaces to prevent the spread of infection from touching a surface with the virus on it and then your face. 4. Avoid crowds: The flu spreads easily wherever people gather — in child care centers, schools, office buildings, auditoriums and on public transportation. By avoiding crowds during peak flu season, you lower your chances of infection. And if you get sick, stay home to avoid spreading infection to others.
Major stock indexes we mixed on Wall Street in afternoon trading Monday, marking a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average slipped 21 points, or 0.1% as of 2:22 p.m. Eastern time. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.6%. Broadcom jumped 5.7% to also help support the broader market. Walmart fell 2.2% and PepsiCo slid 1.3%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.1% , while Nissan fell 0.9%. Eli Lilly rose 3.3% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.7% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.
GOLDEN, Colo.--(BUSINESS WIRE)--Dec 6, 2024-- Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) today announced that it has received notification from the NYSE American LLC (the “NYSE American” or the “Exchange”) that the Exchange determined to commence proceedings to suspend and delist the Company’s common stock as a result of its determination that the Company is no longer suitable for listing due to its non-compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide, which require the Company to report stockholders’ equity of $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years, as previously reported. The Company anticipates that the Common Stock will begin trading on the OTC Pink Market under the symbol “AUMN” at the open of business on December 16, 2024. Shareholders do not need to take any action in connection with this transition. The Company’s stock will continue to be traded first on the NYSE American and immediately thereafter on the OTC Pink Market, and investors should be able to trade shares through their existing brokerage accounts. The Company is in the process of applying for quotation of its common stock on the OTCQB® Venture Market. The transition of the Company’s common stock to the OTC Markets will have no effect on the Company’s business or operations or its listing on the Toronto Stock Exchange, where it trades under ticker symbol “AUMN.” The Company expects to continue to maintain compliance with the reporting requirements of the Securities Act of 1934, as Amended, including the filing of periodic reports with the SEC under applicable federal securities laws that are available on the SEC’s website at www.SEC.gov . Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and applicable Canadian securities legislation, such as statements regarding (i) timing of the NYSE American’s delisting and appeal procedures; (ii) the timing of the Company’s transition to the OTC Pink Markets; (iii) results of the Company’s application for quotation on the OTCQB; and (iv) the Company’s continual compliance with applicable SEC reporting requirements. These statements are subject to risks and uncertainties, including whether the Company will meet the eligibility requirements for quotation on the OTCQB; the inability of the Company to obtain sufficient capital to meet its obligations; increases in costs and declines in general economic conditions; changes in political conditions, in tax, royalty, environmental and other laws in the United States, Mexico or Argentina and other market conditions; and fluctuations in silver and gold prices. Golden Minerals assumes no obligation to update this information. Additional risks relating to Golden Minerals may be found in the periodic and current reports filed with the Securities & Exchange Commission by Golden Minerals, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Follow us at www.linkedin.com/company/golden-minerals-company/ and https://twitter.com/Golden_Minerals . For additional information, please visit http://www.goldenminerals.com/ . View source version on businesswire.com : https://www.businesswire.com/news/home/20241206166798/en/ CONTACT: Golden Minerals Company (303) 839-5060 KEYWORD: COLORADO UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES SOURCE: Golden Minerals Company Copyright Business Wire 2024. PUB: 12/06/2024 05:45 PM/DISC: 12/06/2024 05:43 PM http://www.businesswire.com/news/home/20241206166798/en
Westgold Doubles Bluebird - South Junction Ore Reserve
Via Middle East Eye As this year comes to an end, the most populous Arab country remains a stagnant mammoth with a slowly rotting political order, lacking domestic legitimacy and kept alive only by a continuous lifeline of cash from the West and Arab Gulf states who fear the repercussions of the Egyptian regime’s implosion. The year started with Abdel Fattah el-Sisi, who is now 70, renewing his presidential term until 2030 after an electoral circus whose outcome was determined from the start. His only serious competition, former parliamentarian Ahmed Tantawi, was swiftly jailed . Egypt’s secret police, Homeland Security , continued throughout the year targeting all forms and shades of dissent, both online and offline, keeping citizens incarcerated in an endless labyrinth of fabricated cases , dubbed by rights lawyers as a process of "rotation" . Prison conditions remain draconian, and detainees have repeatedly gone on hunger strikes to protest torture and maltreatment. More than 50 incarcerated people have died in interior ministry-run prisons, Homeland Security branches and police stations this year. Criticism of the president or regime officials in the mainstream media is virtually non-existent . Most media outlets are officially owned and micromanaged by one company created by the General Intelligence Service (GIS). A handful of online independent news sites operate under strict conditions, are censored and denied media licences and face constant harassment . At the time of writing, at least 24 journalists and media workers remained in prison, according to the Egyptian Journalists Syndicate. Street activism, which experienced a rare, sudden revival in October 2023 with the outbreak of the Gaza war , was quickly crushed by security services , who ensured the streets remained quiet. A year later, more than 100 people are still in prison for taking part in peaceful solidarity actions with the Palestinian people. Syria shows the way? While organized street dissent remains under siege, spontaneous social protests by politically unaffiliated citizens involving confrontations with state forces have become increasingly frequent. Specifically, there have been industrial actions over wages and working conditions, as well as protests over housing, evictions and road safety. Since the 2013 coup, the regime has embarked on one of the biggest demolition campaigns in Egypt’s modern history, part of its militarised urban restructuring . Architect Omnia Khalil estimates that roughly 10 percent of the residents of Giza and Cairo alone have been displaced since 2013. This onslaught has triggered long-running fights against evictions, which have turned into clashes with the military and police, such as in Jemima, Port Said, Warraq and elsewhere. These protests should be monitored because they will likely escalate in the coming year. Earlier this month, Egyptians watched in jubilation as the brutal dynastic dictatorship of Bashar al-Assad fell. How this will play out for the millions who live under Sisi's brutal dictatorship remains to be seen. With the destruction of the Egyptian opposition and almost daily acts of state terror against the slightest sign or gesture of dissent , a repetition of the 2011 domino effect is unlikely - at least in the short run. However, there are certainly those in Egypt who are watching the Syrian events and contemplating whether an armed insurgency is the only way to topple Sisi, just as the Syrian 'rebels' did. Needless to say, the rebels' victory will boost political Islam in Egypt and elsewhere . Sisi is also nervous about the events in Syria. Roughly one week after Assad's downfall, he met with military commanders, senior police officials, the GIS chief, the prime minister and several other top government officials at the defense ministry's strategic command headquarters in the new administrative capital to discuss the impact of the regional wars in Syria and Gaza. Humanitarian organizations and media reports have estimated that there are some 70,000 political prisoners under Sisi ... "Sisi's prisons are no less horrifying than the atrocities of Syria's prisons." After Syria's rebels freed scores of political detainees, Egyptians are calling for the same in Egypt. Since 2013, Egypt's President Sisi has detained over 60,000 political prisoners nationwide. pic.twitter.com/ZCdvGc7Knq Speaking to his publicists on the same day, he called on the people to unite and safeguard the Egyptian state. "There are two things I've never done, thanks to God," he said . "I neither stained my hands with anyone's blood nor took anyone's money." Military business Despite pressure from international donors - and occasionally, prominent Egyptian businessmen - on the regime to remove the army from the civilian economy, the military continues to expand its control . It manipulates free-market forces in its favor and uses its clout to impose itself in partnerships with local and global capital. In 2024, Sisi continued to dodge calls to privatize military corporations or curb their influence. On the contrary, they were given more monopolies and a larger share of the pie. Early this month , Prime Minister Mostafa Madbouly announced plans to list several companies affiliated with the military on the Egyptian Exchange. However, this is not the first time such statements have been made. Sisi announced in November 2022 that two military firms - a petrol company and a bottled water producer - would be listed on the stock exchange. A few months later, Madbouly announced that 10 more army companies would be offered on the stock market. To date, no single military firm has been privatised. There is a good reason why the regime has been procrastinating all those years with selling those firms. At this point, Sisi’s loyal constituency is confined to the officer corps. His popularity among all social classes in Egypt, including sections of big capital, has hit rock bottom. Antagonising the brass or messing with their economic privileges could prove fatal in such turbulent times. So, is the regime finally embarking on privatizing the army’s firms? The devil is always in the details. According to Madbouly’s statements, parts of the firms will be sold directly to a "strategic investor", though no specifics were provided regarding the identity of these investors or the percentage of shares to be sold. Also, the firms will not be fully privatized, but a percentage will be offered in the stock market. Again, it is unclear what percentage. Some possible scenarios to watch in 2025 include stocks being sold to civilian investors who act as fronts for the military or to companies that the military partially or wholly owns. For instance, the army’s National Service Projects Organization (NSPO) holds a 20 percent stake in Taqa Arabia, which is seen as a potential bidder for Wataniya - one of the four firms to be listed. If Sisi takes something away from the army with one hand, he will compensate them for it with the other hand. This could mean more concessions in other sectors, allocated lands and so on. For example, while planning the privatization of Silo Foods, the Egyptian Air Force (EAF) is now, in effect, running the agricultural production sector and has recently been given a monopoly over grain imports . Crisis of hegemony In the summer of 2023, Sisi signed a law ending tax exemptions for government economic activities. But tax exemptions for army business ventures remained in place, as the new law included an exception for economic activities related to “national security”, which could be conveniently interpreted as anything related to the military. In the coming year, the regime is likely to continue evading calls to reform the military-economic complex. It will likely resort to maneuvers such as floating military firms in the stock market, only to buy them through other companies and businessmen who are fronts for the army, or curbing the privileges of military corporations in one sector, only to compensate in another. Egyptian President Abdel Fattah El-Sisi unveiled the new administrative capital and presidential palace, built 45 kilometers east of Cairo in the desert, during the D-8 summit. The mega city, comparable in size to Hamburg, cost $45 billion. pic.twitter.com/J1YnIm0ttG Meanwhile, news emerged this month that Ibrahim al-Organi , a criminal smuggler-turned-militiaman and state-sponsored businessman, is planning to launch a political party. An official declaration has yet to be made. But if the project proceeds, the proposed party will contest the parliamentary and senate elections in 2025. (I stress “if”, as Organi has not publicly confirmed this, and the project could ultimately be scrapped.) But we must ask why such plans are being floated. This is not necessarily driven by Organi’s personal ambitions. He is an agent for the state and can be easily replaced at any point if the regime deems him useless or harmful. Rather, this is driven by the regime’s crisis of hegemony . Sisi is ruling solely by coercion, unlike his predecessors and has eviscerated the civil society and political institutions that manufacture some necessary level of consent, which is crucial for the endurance of the regime and the state. Political desert Sisi desperately needs something a la former President Hosni Mubarak’s National Democratic Party (NDP). But so far, he has failed to replicate it, including through the miserable Nation’s Future Party, whose public events for shoring up support for Sisi only backfire and turn into anti-regime protests . Attempts at rigging the votes in professional syndicates either fail or descend into pure thuggery , causing scandals that the regime has to scramble to manage. News of Organi’s proposed political party is the latest attempt to “create politics” in a country whose political scene has become wholly desertified. The total reliance on foreign debt has led to domestic fallout, widening class gaps in Egypt and a state of social decay , along with a decline in Cairo’s regional clout and soft power . From an active regional hegemon under previous regimes, Sisi’s Egypt is now dependent on foreign loans, grants and continuous bailouts by regional and international donors who see Egypt as "too big to fail" and do not want to risk further instability in the Middle East . As a result, Sisi has been unable to steer the course of events in Egypt’s traditional spheres of influence. Instead, he has either suffered diplomatic defeats or brought Egypt to a state of shameless complicity in the ongoing genocide on his eastern border under the watchful eyes of his military. In the coming year, Egypt will remain relevant to the Israeli - Palestinian conflict by virtue of geographical proximity, which puts it in control of Gaza’s only exit to the outside world - the Rafah crossing. While incapable of forcing Israel to withdraw from the Philadelphi Corridor along its border, Cairo will continue to pressure the weaker side - the Palestinians - into concessions and compromises to prove its own worth to the Trump administration in the US .
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