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Egypt on the Brink of Starving

July 11th, 2013 - 6:40 am

Spengler readers knew this was coming, but everybody else might be shocked:

Egypt has less than two months’ supply of imported wheat left in its stocks, ousted President Mohamed Mursi’s minister of supplies said, revealing a shortage more acute than previously disclosed.

Speaking to Reuters near midnight in a tent at a vigil where thousands of Mursi supporters are protesting against the Islamist president’s removal, former Minister of Supplies Bassem Ouda said the state had just 500,000 metric tons of imported wheat left. Egypt usually imports about 10 million metric tons a year.

Egypt is the world’s largest importer of wheat, half of which it distributes to its 84 million people in the form of heavily subsidized saucer-sized flat loaves of bread, which sell for less than 1 U.S. cent.

This right here is why a military dictatorship is preferable to the Muslim Brotherhood. They know that tourism is the golden goose that keeps half the country from starving, and won’t let it be killed.

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All Comments   (8)
All Comments   (8)
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The only chance for Egypt is to bring back the tourists, because that is the only way most people there can earn an income to feed themselves. But I suspect the MB fanatics wont let that happen.
39 weeks ago
39 weeks ago Link To Comment
Want tourists back? One word. DISNEY.
39 weeks ago
39 weeks ago Link To Comment
As one who visited Egypt (1979), I can tell you the military - or anyone else - has their work cut out for them bringing back tourism. For women in particular, Egypt is a horrifying place to visit, unless you like being trailed down the street by several dozen religious loonies who might rape you. (That's not an exaggeration, btw. I know a woman in her fifties who had to flee the country.)
39 weeks ago
39 weeks ago Link To Comment
Russia currently has a major wheat surplus: http://www.agrimoney.com/printnews.php?id=5913&area=n

I await to see who brokers the purchase of Russian wheat for Egypt, using that ONEBILUSD the Saudis just deposited in Egypt's bank.



39 weeks ago
39 weeks ago Link To Comment
The irony is that Egypt once was the grain source for the Roman Empire.
Islam is the kiss of death, so it seems.
39 weeks ago
39 weeks ago Link To Comment
The obvious response here is the Islamic "standard" one: in'shallah. . . it's OBVIOUSLY the Will of Allah that they starve. Who are we infidels, to interfere with the Will of Allah. . .

(evil grin)
39 weeks ago
39 weeks ago Link To Comment
Let them eat ma'amoul.
39 weeks ago
39 weeks ago Link To Comment
This kinda gives a whole new significance to the US policy of turning food crops into "bio-fuels" doesn't it?
39 weeks ago
39 weeks ago Link To Comment
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