Daily News header

Legendary Investor George Soros Comments on Egyptian Situation

By  

In an essay today published in The Washington Post and disseminated to subscribers to his newsletter, George Soros gave his views on the situation in Egypt.

"Revolutions usually start with enthusiasm and end in tears. In the case of the Middle East, the tears could be avoided if President Obama stands firmly by the values that got him elected."

Mr. Soros has pledged to help support democracies explaining , "that means establishing resource centers for supporting the rule of law, constitutional reform, fighting corruption and strengthening democratic institutions in those countries that request help in establishing them, while staying out of those countries where such efforts are not welcome."

The full text can be viewed at the georgesoros.com Web site.

http://www.georgesoros.com/articles-essays/entry/why_obama_has_to_get_egypt_right/

Mr. Soros, born in Hungary in 1930, is a highly successful money manager and strong supporter of human rights and democratic institutions through his Open Society Foundation philanthropy.

http://www.soros.org/

By anticipating a currency crisis he made a reported $1 billion profit in one day (Black Wednesday, 1992) by correctly "betting" against the English Pound.

He attended the London School of Economics and is a widely respected financial and social commentator.

http://en.wikipedia.org/wiki/George_Soros

John McCormick is a reporter, /science/medical columnist and finance and social commentator, with 17,000+ bylined stories. Contact John through NewsBlaze.

  Please leave a comment here     If it does not display within 10 seconds, please refresh the page

Related World News News

'Nepal is not a poor country; it is just poorly governed.' The aspirations of the people are the best law. To implement the thoughts of the people the political leaders should have to fulfill the needs of people.
An Ethnic Tribal Festival has been proposed, to encompass all tribal races of Assam to give a much needed fillip to boost tourism in Karbi Anglong.
A new report by Corporate Accountability International uncovers how the World Bank uses ponzi-style marketing tactics to sell privatization projects around the globe that it is positioned to profit from.
Ms. Richard explained that resettlement cannot replace what refugees have lost or erase what they have endured. But it can renew hope and help restart lives.
Israelis wake up, your land is not a piece of real estate as Isaac Herzog, Zippee Livni, Yair Lapid, Eitan Cabel and the like of them, and to an extent, even Benjamin Netanyahu see it to be.
Police identified the arrested person as Nabir Husain, a resident of Kohari Ghat village, in Morigaon district. The rhino horn was in his jacket pocket.

 

NewsBlaze Writers Of The Month


Popular Stories This Month

newsletter logo

landing page ad

NewsBlaze
Copyright © 2004-2014 NewsBlaze Pty. Ltd.
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice               Press Room   |    Visit NewsBlaze Mobile Site