The International Monetary Fund said on Thursday it will not engage in talks about a possible $4.8 billion loan to Egypt until the country's interim government gains recognition from the international community.
IMF deputy spo
Egypt's new military-backed government faces intense pressure to repair the state's chaotic finances but is likely instead to spend billions, hoping to raise living standards and get protesters off the streets.
A budget de
Kuwait's interim government tendered its resignation on Sunday, state television said, making way for the formation of a new cabinet following a snap parliamentary election on Thursday.
Under the constitu
Libyan interim government forces backed by Nato warplanes have mounted their deepest thrust into Muammar Gaddafi's home town of Sirte, getting as close as half a kilometre from the centre of the deposed leader's coastal stronghold.