By George Friedman Founder and Chief Executive Officer Immediately following the declaration of a cease-fire in Gaza , Egypt was plunged into a massive domestic crisis. Mohammed Morsi, elected in the first presidential election after the fall of Hosni Mubarak, passed a decree that would essentially neuter the independent judiciary by placing his executive powers above the high court and proposed changes to the constitution that would institutionalize the Muslim Brotherhood's power. Following the decree, Morsi's political opponents launched massive demonstrations that threw Egypt into domestic instability and uncertainty. In the case of most countries, this would not be a matter of international note. But Egypt is not just another country . It is the largest Arab country and one that has been the traditional center of the Arab world. Equally important, if Egypt's domestic changes translate into shifts in its foreign policy, it could affect the regional balance of power
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