Egypt Revolt Halts U.S. Bid to Push Israel Ties Using Trade
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July 14 (Bloomberg) -- Sinai gunmen, Egypt’s revolt and aretired diplomat threaten to derail U.S.-backed efforts to spurthe peaceful integration of Israel and the Arab world throughtrade and investments.
Three decades after former President Jimmy Carter broughtEgypt’s Anwar Sadat and Israel’s Menachem Begin together at CampDavid, the historic peace treaty they signed is at risk. Theousting of President Hosni Mubarak has unleashed criticism ofthe Egyptian-Israeli ties and repeated bombings of a SinaiPeninsula pipeline are imperiling its biggest economic plum.