World View: Egyptians Plan Large Anti-Muslim Brotherhood Rally

This morning’s key headlines from GenerationalDynamics.com:

• Greece’s cash reserves will last until middle of October
• U.N. forms a special ‘Iran team’ to investigate nuclear program
• Egypt’s President Morsi issues decree freeing jailed journalist
• Large anti-Muslim Brotherhood rally planned in Cairo Egypt on Friday
• U.S. plans to create missile defense shield across Asia

Greece’s cash reserves will last until middle of October

European officials are saying that no new bailout payment will be madeto Greece until the an audit is completed by early October, todetermine whether Greece is able to meet its austerity commitments.If Greece passes, it will receive the next bailout installment of 31.5billion euros. In the meantime, Greece is issuing short term treasurybills to bring in extra cash. It’s freezing payments to suppliers,it’s frozen tax rebates, and it’s cut other expenses, in order tosurvive until mid-October. However, to make matters worse, taxcollections are down by 2.2 billion euros, as of the end of July.Kathimerini

U.N. forms a special ‘Iran team’ to investigate nuclear program

Amid almost daily threats of attacks on Iran, the U.N.’s InternationalAtomic Energy Agency (IAEA) is forming a special Iran 20-person team,drawing together sleuths in weapons technology, intelligence analysis,radiation and other fields of expertise, to try to get to the truthabout Iran’s plans for a nuclear weapons plans. Since Iran isblocking many IAEA visits to places in Iran, apparently the new teamwill look for evidence in other countries (or they could just googleAmerican or Israeli attack on Iran, although many pundits arepredicting it. AP

Egypt’s President Morsi issues decree freeing jailed journalist

Egypt’s President Mohamed Morsi has issued his first presidentialdecree, canceling the detention of defendants awaiting trial for mediaoffenses. Morsi was facing increasing criticism in Egypt for thejailing last week of Islam Afifi, a critic of Morsi and the MuslimBrotherhood, of which Morsi is a member. The new decree frees Afifi.Morsi is the first freely elected president in Egypt’s 5,000 yearhistory, and he’s trying to establish himself as a different kind ofpresident than the deposed Hosni Mubarak. LA Times

Large anti-Muslim Brotherhood rally planned in Cairo Egypt on Friday

Friday is always the day of the biggest “Arab Spring” demonstrations,because people pour out of mosques after Friday midday prayers andtake to the streets. A big demonstration in Cairo planned for thisFriday has generated controversy because it’s targeting the MuslimBrotherhood. One Muslim cleric infuriated a lot of people byclaiming, “Whoever joins the 24 August uprising … will be committinghigh treason against their nation, God, his prophet and Muslims.” Headded: “Stand up against them. If they fight you, fight them back… ifthey kill some of you, the martyrs will go to heaven; and if you killthem, this will be righteous.” However, Muslim BrotherhoodSecretary-General Mahmoud Hussein quickly said that every citizenenjoyed the right to stage demonstrations – as long as saiddemonstrations remained within the confines of the law and did notdamage public property. Organizers are promising that there will beno violence, but we’ll see. Al-Ahram (Cairo)

U.S. plans to create missile defense shield across Asia

The U.S. and Japan are planning a powerful new early-warning radarsystem in southern Japan. The State Department says that the newsystem is intended for protection from missiles from North Korea, andhas nothing to do with China, but most analysts believe thatprotection from China’s vast array of long-range missiles is at asimportant an objective. There have been recent rumors that China istesting a new intercontinental ballistic missile to strike any city inthe United States. Earlier this year, analysts revealed that Chinawas developing a new anti-carrier missile with the objective ofdestroying American aircraft carriers in the Pacific. RT

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