President pledges cash to support Egypt and Tunisia after criticism US has been too slow to support uprisings
Barack  Obama is to announce that the United States and the west will pour  billions of dollars into the Middle East in support of Egypt, Tunisia  and other countries embracing democracy, a move the White House  portrayed as being on the scale of aid to former communist countries  after the fall of the Berlin Wall.
Speaking in Washington, the  president will attempt to reposition the US as a champion of the  newly-emerging Arab democracies. His speech comes amid criticism that  the US has been too slow to support the uprisings, and has adopted  contradictory approaches in its dealings with different countries.
It  is his most important speech on the Middle East since Cairo in 2009,  when he called for a new beginning in relations between the US and the  Muslim world. The support for Obama in the Arab world in 2009 has since  dropped sharply.
The speech will deal mainly with the Arab spring,  hailing the benefits of democracy and respect for human rights, in  spite of America's long-time support for authoritarian regimes in the  region.
Senior Obama administration officials, briefing on the  speech, said he will take a fresh look at the Middle East after a decade  of tension and division. With the winding down of the Iraq war and the  death of Osama bin Laden, "we are turning a page", one official said,  adding that the democracy movements reinforced this.
The official  suggested that the best way to support democracy was through economic  reform, and drew comparisons with the massive injection of American aid  to Europe after the war, and with the support given to central and  eastern Europe in 1989. The US is to relieve Egypt of up to $1bn in debt  and lend or guarantee up to $1bn. The World Bank, the IMF and other  multilateral institutions to provide a further $2bn-3bn.    The official  described Tunisia and Egypt as beacons, models to encourage others to  pursue democracy.read more




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