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Egypt Scores a Big Loan

Not all Middle East negotiations are unsuccessful.

Egypt just scored itself a $4.8 billion IMF loan at an interest rate of 1.06%.

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About the Author

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David Frum

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.

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