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FNC national security analyst KT McFarland on the potential political and economic consequences of the protests in Egypt.
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-- today is the fifth day of violent protests in Egypt -- sixty people are dead.
President -- -- -- has declared a thirty days state of emergency in three cities.
Near the major commerce -- of the Suez -- though Egypt has pledged to protect the canal.
There could be major ramifications for the global economy if it shuts down.
Here to drill down on how dire the impact could be is KT McFarland Fox News national security analyst -- and welcome back to the show her -- you know.
Everybody focuses on the street reform that right and they ignore the -- can now.
Which is a major thoroughfare for all kinds of commerce in the world's 10%.
Of the world's -- going trade goes through the Suez Canal to hear -- it's a number it's a hundred miles long.
It's got these three cities that you just talked about her at the at the top the middle at the bottom of the Suez Canal.
Where all variety me as Egypt I think is in a very precarious position economically.
It doesn't want the Suez Canal to stop I mean my how to -- five billion dollars a year that's.
Right now with tourism down its its major source of foreign again 0:4 am currency so that doesn't want that to stop.
But on the other hand -- have buried vulnerable place and it's also -- right on the edge of the Sinai Peninsula.
Which is where al-Qaeda is setting up shop since -- wanted to strike a blow against the Egyptian government this would be one way to do it.
-- so distraction in chaos this would be a great way to do it because.
You would disrupt took the job world trade review -- -- strike a blow against the Egyptian government you can make a major statement for terrorism.
And what would you do let me think about what they ramifications are if so does that they would say have a missile that goes and takes have -- -- -- tanker out of the -- -- now.
But wouldn't due -- insurance rates for all the other -- that would come through and that -- forcing trade to go from not from Europe.
Through the Suez Canal to Asia -- forcing it to go all the way around Africa yeah it's a big GL.
President Mohamed Marcy declaring at thirty days state emerging right it seems like it's been on the state of emergency since he's taken office and I think it gets worse now why all the ingredients that were there two years ago -- -- are very -- Morristown.
-- -- but youth population huge youth population 75% of population under the age of thirty.
At least 25% on unemployment that's gotten worse secondly the economy's gotten worse there's -- foreign investment going to Egypt because of the political instability wealthy egyptians are trying to get themselves and their money out.
And who's going to the pure ads right -- tourism which is their major source and then third.
Is the political ramifications of instability.
Egypt the leading country in the Middle East as cozy -- service the -- and you mentioned it's not only Egypt we have to worry about here but it's also the Sinai Peninsula this is -- al-Qaeda had set up shop.
Forty years ago my Abbas when I worked for Henry Kissinger the White House he negotiated a deal with Egypt and the deal was.
You go.
MF deal has kept the peace for forty years.
I was with Henry yesterday and we talked about that instead and it worked.
Now west threatening to upset that apple cart.
While the new Muslim Brotherhood leadership Mohamed Marcy is talking about reconsidering his peace agreement with Israel and he's making friends with Iran -- other countries in the region so what does that.
Apple -- getting that sat in addition to that there are also terrorist groups which not Mohammad Morrissey.
He's Muslim Brotherhood but in addition there are terrorist groups which are setting up shop.
And what should be a demilitarized zone in the Sinai Peninsula plough really something to watch once again QG thinks of -- -- -- appreciate it.
