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Fancy Footwear and Austerity Won’t Save Portugal - Bloomberg
"Anyone still in need of proof that austerity isn’t fixing the euro area’s debt crisis should visit Portugal. Hundreds of thousands of Portuguese took to the streets of Lisbon to protest against economic austerity on March 2, and the only surprise is that they didn’t do so earlier. Portugal is the euro area’s clearest example of how austerity is killing the patient, with the ill effects of counterproductive fiscal retrenchment unfolding before our eyes."
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Iran Mourns Passing of Hugo Chavez | Iran Pulse: Must-Reads from Iran Today
"Iranian websites have given the passing of Venezuela’s President Hugo Chavez extensive coverage. Chavez died yesterday at the age of 58 from cancer. Mehr News Agency ran a list of the world leaders to offer their condolences. Fars News Agency highlighted Vice President Nicolas Maduro’s claim that “enemies had infected” Chavez with cancer. Mashreg News showed pictures of Venezuelans mourning the loss of their leader, as well as pictures of Chavez from his youth to the army to his sick bed, along with Chavez next to Ahmadinejad. "
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Egyptian Newspapers Infiltrated By the Brotherhood - Al-Monitor: the Pulse of the Middle East
"At a time when the Muslim Brotherhood is trying to woo national media outlets, to disassociate them from the Mubarak regime and to establish their reputation as institutions that pledge allegiance to Egyptian President Mohammed Morsi’s regime, independent media outlets find themselves facing a new type of challenge. Opposition newspapers are now accusing the Brotherhood of trying to “penetrate” their ranks and hinder their operations. "
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Morsi to appeal suspension of Egypt's parliamentary elections - The National
"An Egyptian court overturned President Mohammed Morsi's decree calling for parliamentary elections to start in late April, a move that is likely to exacerbate tensions in Egypt and prolong political instability. Egypt's presidency plans to appeal the administrative court's decision, saying that the election decrees are sovereign acts carried out by the presidency and should not be overturned."
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Morocco seeks energy salvation in sunshine, wind - Energy - ArabianBusiness.com
"In a couple of years, rows of gleaming solar panels are expected to stretch across the desert outside Morocco's southern city of Ouarzazate, part of the country's plans to meet its energy deficit with power from the sun and wind. "
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IMF says Jordan’s energy crisis poses toughest reform challenge - Alarabiya.net English | Front Page
"Jordan must tackle a soaring energy import bill by reducing power subsidies to get its economy back on track, the International Monetary Fund said on Wednesday. IMF deputy head Nemat Shafik said Jordan’s aid-dependent economy was hit hard by “several external shocks at the same time “when the Arab Spring revolts against autocratic rule spread across the Middle East, but the major challenge now was energy imports."
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