Word: mubarak
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Since he became President of Egypt 15 months ago, following the assassination of Anwar Sadat by Muslim extremists, Hosni Mubarak, 54, has tried to re-establish his country's position of leadership in the Arab world. Though he has had his differences with Israel, particularly since the Israeli invasion of Lebanon last summer, he remains committed to the Camp David peace treaty with Israel and the U.S. Before leaving for the U.S. for discussions with President Reagan this week, a clearly worried Mubarak talked for 80 minutes with TIME Cairo Bureau Chief Robert C. Wurmstedt about the problems...
...probe deeper into the area's culture by trying to understand its people. Visits to Iraqi prison camps, remote Saudi villages and Egyptian homes are as much a part of her job as interviews with Israeli Prime Minister Menachem Begin, Jordan's King Hussein and Egyptian President Hosni Mubarak...
...trial of the Muslim fanatics, which may continue for months, underscores the severity of the problems facing Hosni Mubarak, the taciturn former air force commander who became President when Sadat was slain. Largely because of the threat of Muslim extremists, the People's Assembly has extended the state of emergency for another year at Mubarak's request, giving security forces more power to arrest and detain suspects. But while he strives to maintain order at home, Mubarak is also caught up in a wide range of complex diplomatic questions. He must uphold the strong commitments that Sadat made...
Even more urgent for Mubarak is the problem of the Egyptian economy. Most of Egypt's 45 million people live in poverty. The annual per capita income of about $500 cannot keep pace with population growth, currently 3% a year. All Egyptians benefit from government price subsidies on food and other basic commodities. But these subsidies are strangling the economy because they consume 31% of the national budget. Any effort to reform the subsidy program is a risky business, as Sadat learned during the 1977 food riots...
Severely restricted in what he can do, Mubarak has moved slowly. "Don't expect miracles from me," he has warned. "I have no magic wand." He has shuffled his finance and economic ministers. He has raised interest rates on savings and hiked taxes on most imports. He has reassessed Sadat's policy of al infitah (the opening), under which the country has attempted to lure foreign investors. Launched in the mid-1970s, al infitah produced some investment in luxury hotels and soft-drink plants, but did little to expand Egypt's industrial base...