Tuesday, February 14, 2012

Extortion

Egypt arrested employees of several NGOs, charging them with receiving foreign funds to influence elections. One response was that Congress might be unwilling to continue the $1+billion foreign aid Egypt gets.

If the U.S. cuts its foreign aid package to Egypt, the result could be Egypt dumping the peace treaty with Israel. In other words, pay the protection money or the neighborhood gets unsafe for your friends. That is the gist of an article from Cybercast News Service.

The technical name for this behavior is extortion.