Egypt alleges far-ranging conspiracy involving Syria, Iran, Hezbollah, Qatar and Hamas to topple the regime

The Economist offers a summary.

A longer posting is forthcoming, but three factors bear reflection: the patent insecurity of the Egyptian regime, particularly pronounced with Mubarak in his liminal phase; the concern that the U.S. is moving to normalize relations with Iran; and, the vitality of Islamist opposition groups, such as Hamas and Hezbollah.

A long al-Ahram article citing "state sources" appeared yesterday. The predictable chorus of journalists is echoing the charges. An interesting question is whether the activity of Hezbollah operatives extended beyond facilitating arms transfers into Gaza? Past Egyptian practice suggests that the charges are overblown.