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Eye on the World: Tuesday, June 19, 2012
Muslim Brotherhood candidate Mohammed Morsi was declared the winner of the country’s first competitive presidential race on Monday. Egypt’s ruling military council promised to hand power to the elected president by the end of June – but it also made a declaration earlier in the weekend giving itself sweeping new legislative powers and removing the president’s oversight over the military. The move was denounced by opposition groups as a “coup” and observers say Egypt’s transition to democracy is in jeopardy.
“Fearless prayer for North Africa and the Middle East,” written shortly after President Hosni Mubarak’s ouster last spring, explains how each of us can pray to support inclusive and honest political processes in Egypt and elsewhere. The author writes, “Our insistence on the presence of this one Mind, guiding all toward peace and justice, will lead to solutions that are satisfying and complete.”
The center-right New Democracy party won a legislative election in Greece on Sunday. The party supports Greece remaining in the Eurozone, and its victory eased fears that Greece would leave the currency union. But by Monday worries had shifted again to Spain, whose banks are in trouble over loans tied to declining real estate prices.
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