US President Blames ME Uprising for US Economic Crisis
US President Barack Obama blamed the wave of uprisings sweeping across the Middle East for the "sluggish recovery of the country's sclerotic economy".
On this level, Obama claimed, "The changes that have taken place in the Middle East sent oil prices up, and that gave a shock to the world economy".
The Middle East revolutions were caused by protests staged by civilians calling against their US-backed tyrant ruling regimes that have been banning "democratic rights and justice". Revolutions in Egypt and Tunisia succeeded in ousting their former tyrant presidents.
Furthermore, The US President also blamed his country's low economy to the European states.
In this context he affirmed, "Some of the challenges that we've had over the last several months actually have to do with the fact that in Europe we haven't seen them deal with their banking system and their financial system as effectively as they needed too".
Source: News Agencies, Edited by moqawama.org team
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