https://pjmedia.com/spengler/2012/10/02/egypt-meltdown-update/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 07:14:41 -0400<![CDATA[Egypt&#8217;s economy appears to be running on fumes. Public health clinics are out of vaccines for infants, importers are running out of stockpiles of basic food items, and the government is $3 billion in the hole to oil suppliers in the midst of a paralyzing fuel shortage. And it doesn&#8217;t look like anyone is riding to the rescue of Muslim Brotherhood president Mohamed Morsi. The latest news is that negotiations over an IMF loan have been &#8220;delayed,&#8221; yet again. That&#8217;s good news, because the U.S. would be on the hook for a big part of that loan. The Republicans in the House of Representatives have shown some spine in refusing White House requests for emergency cash for Egypt, and should be encouraged.]]>Tue, 02 Oct 2012 18:18:21 -0400<![CDATA[David P. Goldman]]>https://pjmedia.com/david-p-goldman/2012/10/02/egypt-meltdown-update-n131051