Iran has already opened two lines of credit for Syria. So far, the two lines of credit totalling $4 billion to Damascus by Iran and it is to expect that a third line will be opened by Iran soon in order to counter the negative effects of the international embargo and hypocritical sanctions against Syria.
The jobless rate in Egypt rose to 12.7% in 2012 amid economic woes according to official figures from Tuesday. In 2011, the jobless rate was 12 percent and 9 percent in 2010. The increase of the unemployed Egyptians is due to the economic crisis and mismanagement of President Mohamed Morsi and his so-called government in Egypt.
Egypt and the Islamic loans – Egypt manoeuvres itself more and more into the situation of the late USSR. President Mursi (Morsi) nimbly takes out loans and debts. Meanwhile, there is also a so-called “Islamic loan” (Islamic economic jurisprudence), an interest-free loan, of 2 billion U.S. dollars from the neighbouring Libya for Egypt.