This morning’s key headlines from GenerationalDynamics.com.

• Hundreds of Egyptians injured as police storm Cairo rally
• Army says clashes won’t delay Egypt’s historic vote
• IMF demands more austerity from Egypt to get bailout money
• Germans on trial for activities in the ‘Deutsche Taliban Mujahideen’

Hundreds of Egyptians injured as police storm Cairo rally

Thousands of protesters crowded into Tahrir square in Cairo Egypt on Friday to protest the killing of eleven protesters on Wednesday, and to demand that the Supreme Council for Armed Forces (SCAF), the military junta that’s been ruling Egypt since the fall of Hosni Mubarak, step down and turn the government over to civilians. However, their final object was to be a week-long sit-in at the Ministry of Defense in Abbasiya, the army launched a bloody confrontation with protesters. Up to 20 people were killed, and 373 other injured. Al-Ahram

Army says clashes won’t delay Egypt’s historic vote

Egypt’s Army is continuing to insist that SCAF will step down as planned, turning the government over to civilian control, despite the clashes on Wednesday and Friday. Presidential elections are scheduled for May 23 and 24 and a run-off for June 16 and 17 if there is no outright winner in the first round. According to an Army spokesman on Friday,

“We say it frankly and clearly. The armed forces and their supreme council are committed to the handover of power on June 30. We don’t desire power. The Supreme Council is not a substitute for legitimacy in Egypt.”

Egyptian Gazette and Al-Jazeera

IMF demands more austerity from Egypt to get bailout money

Egypt’s government needs to reduce its $12 billion deficit in order to qualify for a planned $3.2 billion loan from the International Monetary Fund (IMF). Furthermore, with Egypt in political chaos, the IMF is demanding that all political parties endorse the government’s budget, so that it will survive the election. Egypt’s receipt of the IMF loan became more doubtful last week, when Egypt’s parliament strongly rejected the army-led Cabinet’s plan to cut state spending and avoid a financial crisis. Al-Arabiya

Germans on trial for activities in the ‘Deutsche Taliban Mujahideen’

Two criminal trials of three jihadists currently underway in Germany show the routes that German jihadists have taken to work with al-Qaeda. Two al-Qaeda linked organizations in Pakistan played a major part. One is the Islamic Movement of Uzbekistan (IMU), which provided initial training of the Germans. The other was the Deutsche Taliban Mujahideen (DTM), an offshoot of the Islamic Jihad Union formed specifically to handle the large numbers of young German extremists who went to Pakistan to become terrorists. By mid-2010, the three jihadists were transferred to al-Qaeda for training. They were all to be sent back to Europe to raise funds and conduct suicide bombings, together with a network of Austrian recruits, before they were captured and put on trial. Jamestown