Egypt

Another runner in the Great Tax Race: Susana Martinez, governor of New Mexico, hopes that recently approved cuts to corporate tax rates will help diversify its economy – following on from a tax incentive measure for the film industry designed to attract more television productions like Breaking Bad.
♦ As the Syrian state pulls back, necessity has forced rebel fighting brigades to take on the role of governing the towns and villages across rural northern Syria.
♦ Chile is embroiled in an embarrassing statistical scandal, casting a cloud over Sebastián Piñera’s final months in office. It seems analysts were right to question how he kept inflation at just 1.5 per cent despite growth of 5.6 per cent.
♦ The US seems to be headed for a manufacturing renaissance.
♦ Since the revolution, Cairo residents have turned to do-it-yourself infrastructure as they grapple with getting about from day to day. The New York Times has photographed the boom in illegal construction.
♦ The New York Times has also profiled Sohel Rana, the most hated man in Bangladesh: “He traveled by motorcycle, as untouchable as a mafia don, trailed by his own biker gang.”
♦ IBM has created the world’s smallest film by manipulating single atoms on a copper surface.
♦ Cash is still king in China, where home buyers make payments in trunks filled with cash and monthly salaries are delivered in armoured cars.
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♦ Syria’s Jabhat al-Nusra has dealt a blow to the rebel cause.

♦ When it comes to the labour market, America is suffering from a rising case of ‘German envy’, writes Edward Luce. However, Germany’s labour market is not without its problems – reformers are keen to take action on the shortage of workers.

♦ The world’s top commodities traders have pocketed nearly $250bn over the last decade, making the individuals and families that control the largely privately-owned sector big beneficiaries of the rise of China and other emerging countries. The FT’s Javier Blas has done a comprehensive review of the sector.

♦ Bassem Youssef, Egypt’s Jon Stewart, has ignited a public debate over Qatar’s influence in Egypt.

♦ MJ Rosenberg looks back at negotiations over the Israeli-Palestinian issue in 1990 and explains why he thinks there is “no possibility of serious negotiation so long as Benjamin Netanyahu is prime minister of Israel.”

♦ The Senate begins debate next week on the biggest gun control bill in nearly 20 years, and the gun rights lobby is working with Senate allies on a series of amendments that could actually loosen many of the current restrictions.

♦ Anonymous has handed over to Canadian police what it claims are details about four boys linked to the alleged rape of Rahtaeh Parsons, whose funeral was held last week.

♦ A matriarch in her mid-50s with only $28 to her name is making a bid for election to the provincial assembly in Pakistan’s elections next month.

♦ The Economist writes on Bitcoin and how it is more than a passing frenzy: “chances are that some form of digital money will make a lasting impression on the financial landscape.” Meanwhile, Paul Krugman thinks that “Goldbugs and bitbugs alike seem to long for a pristine monetary standard, untouched by human frailty. But that’s an impossible dream… green pieces of paper are doing fine — and we should let them alone.”

♦ A row has flared between the London School of Economics and the BBC over the presence of journalists on a university-affiliated trip: “the BBC, which the university says actually sent three journalists, also later acknowledged that it had not told the students of the nature of the documentary, in what it characterized as a bid to keep them safe if the journalists were found out and the students were questioned about what they knew.”

Golf round-up
Adam Scott has become the first Australian to win the US Masters.
♦ The Guardian looks back at Guan Tianlang’s week and what he has gained from it – the teen golfer has changed the face of Chinese sport.
In the UK, the downturn means that golf clubs are trying to shed their stuffy, middle-aged image.

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♦ Cuts to welfare payments in the UK will hit northern communities as much as five times as hard as the Conservative heartlands of the south. Take a look at the FT’s Austerity Audit interactive to see all the research and reporting on the effects of the current government’s radical reforms.

♦ Brazil is grappling with a Congress where “foxes” are often in charge of the henhouse.

♦ The Egyptian armed forces participated in forced disappearances, torture and killings during the 2011 uprising, despite publicly declaring their neutrality.

♦ Mona Eltahawy explains why satire is a serious subject in Egypt: “What is satire if not a marriage of civil disobedience to a laugh track, a potent brew of derision and lack of respect that acts as a nettle sting on the thin skin of the humourless? And what is revolution if not the ultimate act of derision against the established powers.”

♦ Marc Lynch wonders if his initial assessment of the Muslim Brotherhood was wrong: both academics and policymakers need to recognize that the lessons of the past no longer apply so cleanly, and that many of the analytical conclusions developed during the Mubarak years are obsolete.”

♦ Robert Driessen, one of the world’s most successful art forgers, tells his story (from Thailand, out of the reach of European authorities).

♦ Alexei Navalny, the Russian opposition leader who plans to run in the 2018 presidential election, will be put on trial next week. Georgy Bovt explains why he will go to jail.  Read more

Coming up We’re pulling together some of the best reads on the “Iron Lady”. Read more

Esther Bintliff

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On the Cyprus crisis:

In other news…

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  • The daughter of Uzbekistan’s autocratic president, Gulnara Karimova, has for some time been the western-friendly face of the regime. She has released a duet with Gérard Depardieu, launched a fashion line and even has her own perfume. However, attention is turning to her other persona: “that of the ruthless businesswoman, ready to use her family position to crush business rivals.”
  • Bassem Youssef, Egypt’s equivalent of US chat show host Jon Stewart, has been the target of death threats and law suits, but he shrugs them off: “It is a guarantee that freedom of speech will not be oppressed if we continue to speak.”
  • Steven Cook at the Council on Foreign Relations argues that the Egyptian opposition’s feckless approach to politics underscores the need to replace wedge issues and anti-Muslim Brotherhood sentiment with real policies.
  • Why the White House shmooze-fest? The “president’s only route to a so-called grand bargain for deficit reduction is to go around the leaders to build a bipartisan consensus.”
  • As it is International Women’s Day, we thought we’d share with you this cheering article on the media’s double standards for women at the top.

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