The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
On July 11, in yet another sign of an alarming increase of terrorism in mainland Egypt—that is, Egypt outside of northern Sinai—the Italian consulate in Cairo was bombed. The Islamic State (also called ISIS) allegedly claimed the attack, although the group’s involvement was not confirmed. Last month, on June 29, a car bomb ripped through the armored convoy of Hisham Barakat, Egypt’s prosecutor general. Barakat, a 65-year-old career prosecutor who was appointed in July 2013 and had served during a period of remarkable political polarization, died of wounds sustained in the blast.
In his death, Barakat joined dozens of Egyptian state officials who have been assassinated or faced attempted assassination in the past years. On September 9, 2013, former Interior Minister Mohamed Ibrahim narrowly escaped a similar attack when a suicide bomber targeted him as he drove to work in the Cairene suburb of Nasr City. Other assassinations have included high-ranking