On 17 January, Egyptian Finance included a su per cen cutback in subsicles tor comand gas cylinders by 46 per cent.
nis is on too or a rear inmation rate astimated 3150 ber cent. GUIT the USA and the IMF. The UcerS.
cenationa isation or ne economy ACC DITC spencino cerence There is a massive threat to the partial economic Egyptian masses since the throw of the Farouk monarchy in WORKERS On a wanuary students from Cairo, and Helwan took to the streets. is impossible collaid HUnTOGIS soon as a oreanised group marching down the city and police moved TO actIOn and the Government imposed a 14 nour currew. battles, riots and fires broke out soul or dire Housine mousands or workers. cairo groups or workers. and stu cents succeedeo in wrestine some workers and small arms from the police and Alexandria gun battles broke out.
Semi- ano SCHools woule set OT to soreat to a number or towns in streets.
police and rot squads were show Line symbamy win ine outraced population Line began to rely on its elite Saiqa commando units Farouk reign or wasser calv in less than two days.
proposed price Wing to imperialism.
Egypt
foreign SnInG tically. ARSENAL (no more and no less!).
an industrial city al roads to in parts of all us aslee all-Arab one Gov colleges uprising becal imperialist began to come in that of giant iceberg in the coming years nere nas not been mass ant action on such scale since January 1952 in the events which led to the collapse monarchy ine semi omicid Al-Anram esuimated Ina more than 79 deaths, 800 injured and 2,000 arrests had taken place On 19 January Sadat capitulanet. bairo raco announce• naral!
• increases were suspended for further study'. The the crisis of Sadat's strategic plan INDIA or a bonned an economic oben The expected foreign capital has not flowed into The steady flow of denational. salions and Conomic mCenes capital were thus matched by an increase in Egypt's part compensate gency. control over ine г есолому. sadat s room tor manoeuvre entirely depended on his ability to control the mass movement poliMany In October 1976 a presidential Tererenoom was set uo. ostensiory giving sadars policies tne suppor of 99.93 per cent of the population multi-party has been launched by the regime -nese ane omer measures make up the political arsenal employed by there movement To crease of the last few days have brushed bacars cereat creav reduce his margin for manoeuvre in the settlement Israel inere can be hue doubt unar the action or ine coverlan masses in less than two days has considerprospects of an settlement region. This dress rehearsal entr of the Eavotian masses onto the political scene is ust ine uo or a that promises to change the shape of Arab politics G. JAFAR GANDHI munist Party laxation in they INDIRA GANDHI, the Indian Prime Minister. nas calleo elections o March. Under the extension of the enacted last November she was no required to hold them until March 1978.
This apparent change seems te strategy throughout the of a dictator so Becuons were HKelY dE Line aovantace rather than 1978, Is that India's conomy is looking fairly healthy There is a negative production has increased and the people out inflation was being reduced before but there is no doubt that Gandh Is countine on ner economic 1oc ore for victor a ine Dols. now ever, a large part of the increase in production has been from natural causes, principally a bumper harvest. Gandhi knows as well anvone aise mat me current por formance will not be maintained for another year.
The emergency, including repression acainst ponents, has also strengthened Gandhi group, especially her sor Ganonis nane bowlicany Sanjay, has strengthened its holc on the political apparatus to such an extent that it has been able to dispense win une sarvices orl most loyal supporter, the Comcontrast, the opposition leaders have only just been leased wrom an and nave machiner to concuct an election campaign. An attempt to unify the right wing parties and the Socialist Party has been frustratec Ine working class and peasant parties, despite the apparent the emergency will attempt challenge to Gandhi. Large num Which tons sonaside the ePu in the northern altack sudanese tornitor PINOCHET Only days arter the word bant had voted the Chilean Government at companies puvate have gone bankrupt. This is dev elooine ino a malor mnanciar ant political involving traud charges against prominent bour uncer investigaHon anud decree recalline a loans witn thirty days and requiring super , the central bank seems likely to cause new bankruptcies One prominent casualty may b General Pinochet who was the private investment companies SO as to establish a capital market in onue. une omer casuary will De the working class. The collapse of - Viva Milton Friedman 'Austerity requires a new system o values. sonmes smicmess emciencv. senousness SUstICe. Not Italian premier Andretti sel Enrico Berlinguer.
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Minister Salah Hameed announ- sed the 1977 annual budget which
modities and foodstuffs. Immedi- 16 per cent, petrol by
pressure oil prod-
and the economic opening to the Sadat are on massive reductions in Govern-
repressive apparatus at an all-time The explosive entry of the Egyptian masses onto the political scene during the last week has transformed the situation in the
on a massive scale for the next two days. In Helwan,
and from the city were blocked as and fought the police.
ernment decreed a complete shut- down of all universities, their
Upper Egypt paid
farred wiSh the brunt She
provinces recently captured armed
main sponsor of the of
market will mean re on and mass unemployment