Reuters blog archive
International investors fear protests against Egypt's President Hosni Mubarak could spill over to other Arab countries, leading to regimes more hostile to western investment practices in the region and the introduction of more Islamic economic rules. They also express concern about the future role of businesses run by Coptic Christians in Egypt.
"Egypt has long been one of the most tolerant countries toward multiple faiths (in the Muslim world)," said Donald Elefson, co-lead portfolio manager at Harding Loevner Funds, with $210 million under management. "The Coptic Christians are still very powerful, though they are a minority, and there are many large-scale businesses that are owned by Coptic families. The only risk for the business environment would be if Egypt becomes a sharia state."
Investors and world politicians worry that an immediate resignation by Mubarak will allow opposition groups such as the Muslim Brotherhood to take power and promote an Islamic political and social system, not to mention a reversal in Egypt's stable relationship with Israel. An economy based on sharia-law would interfere with many Western business practices by restricting leverage, as Islamic law bans interest, and stipulates that deals must be based on tangible assets.
Muslim-Christian unity was one of the themes on Tahrir Square, focus of the Cairo protests against President Hosni Mubarak, on Sunday. Members of Egypt's Coptic Christian minority said mass in the square and many of the placards combined the Muslim crescent and the Christian cross. "Hand in hand" was a common chant.
from Tales from the Trail:
President Barack Obama made a clear declaration of his Christian faith on Thursday and seemed to express some frustration that his beliefs continue to be called into question.
"Let me tell you, these past two years, they have deepened my faith," Obama told a ballroom full of applauding believers at the annual National Prayer Breakfast in Washington.
For Rafik, a member of Egypt's Coptic Christian minority, the myth that President Hosni Mubarak is the community's best defense against Islamist militants was shattered by an Alexandria church bombing on New Year's Day. He and other Copts continued to demonstrate alongside at least 1 million Egyptians on Tuesday, saying their desire to end Mubarak's three-decade rule was for now more pressing than any fears that a change of power might empower Islamist groups.
Prominent Muslims joined Jews and Christians at the former Nazi death camp of Auschwitz on Tuesday in a gesture of interfaith solidarity designed to refute deniers of the Holocaust such as Iran's President Mahmoud Ahmadinejad. About 200 dignitaries from across the Islamic world, from Israel, European countries and international organizations such as UNESCO took part in the visit, which included a tour of the site and prayers in Arabic, Yiddish, English and French.
The European Union failed to agree on a statement against the persecution of religious minorities on Monday after Italy objected to the omission of any reference to the protection of Christians. Italian Foreign Minister Franco Frattini said a draft proposed at a meeting of EU foreign ministers expressing concern about increasing numbers of attacks on places of worship and pilgrims showed an "excess of secularism".
Clashes between Christian and Muslim youths in central Nigeria triggered by a game of snooker have killed four people and led to the burning of houses, churches and mosques, police said on Friday.
Residents said the dispute in Tafawa Balewa, in Bauchi state, started when a man from the Muslim Hausa ethnic group refused to pay for a snooker game on Wednesday evening.
Christians in Nepal have threatened to parade corpses in the capital to press the government into finding them alternative burial grounds after burials near the country's holiest Hindu shrine were banned.
Christians account for less than two percent of Hindu-majority Nepal's 28 million people. Authorities barred them this month from burying their dead in the forested graveyard at Sleshmantak saying the land belonged to the Pashupatinath Hindu temple, a U.N. heritage site in Kathmandu.
The following is a guest contribution. Reuters is not responsible for the content and the views expressed are the authors’ alone. Peter Kenny is the former editor-in-chief of ENInews.
By Peter Kenny
Maintaining editorial integrity at ENInews, a Geneva-based world-wide news agency run by Ecumenical News International that covers global Christianity and other religions, is hard work. Although church groupings and their partner organizations founded ENInews, editorial independence is often linked to that which is the root of all evil -- money.
A reader recently objected to our use of the phrase "the Prophet Mohammad" in news stories, saying that he as a Christian did not consider Mohammad a prophet and many other non-Muslims presumably didn't either, therefore we should not write about him as if everyone agreed he was one. The reader wrote:
I’ve just noticed recently that Reuters is following in the footsteps of AP and AFP in designating the Islamic prophet Mohammad as “The Prophet Mohammad”. I as a Christian don’t consider him my prophet, and neither do, I’m sure, Jews, atheists, Hindus, Buddhists, etc. Why then have all the mainstream news outlets decided to treat us all as if we are Muslims? Rightly, he should be described as “the Islamic prophet Muhammad” rather than “The Prophet Muhammad”.