“Washington, treading a careful line, has neither welcomed Mursi’s removal nor denounced it as a ‘coup’, which would require it to halt aid, including the $1.3 billion it gives the army each year. The Brotherhood’s downfall has, however, been warmly welcomed by three of the rich Arab monarchies of the Gulf. Kuwait promised Egypt $4 billion in cash, loans and fuel on Wednesday, a day after Saudi Arabia pledged $5 billion and the United Arab Emirates offered $3 billion. Mohamed ElBaradei, a former U.N. agency chief, has been named vice president and supports a stalled $4.8 billion loan deal with the International Monetary Fund.”
http://www.reuters.com/article/2013/07/10/us-egypt-protests-idUSBRE95Q0NO20130710
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