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Ed Webb

Egypt wheat stocks dwindle, sufficient for 89 days - News - Aswat Masriya - 1 views

  • Egypt's strategic stocks of wheat have fallen to 2.207 million tonnes, enough to last 89 days, a cabinet report said on Wednesday, as the top global importer struggles to ensure supply through an economic and political crisis.
  • the government also upped its projection of the local harvest to more than 9 million tonnes - a number that would exceed the current record of 8.523 million tonnes in 2009/10, according to U.S. Department of Agriculture (USDA) estimates
  • The Egyptian cabinet's forecast for its upcoming harvest is also above the USDA's crop estimate of 8.5 million tonnes, released last week.
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  • Egypt normally buys strategically to ensure that it has wheat stocks equal to at least six months' consumption in its silos. It relies heavily on imports to feed its 84 million people; half of the wheat they consume is imported."This is lower than they historically have carried in the past," a European trader said, commenting on the new figures. Shipments expected from the United States in the coming weeks will help maintain the current levels, the trader added."However, I think Egypt's private buyers or GASC need to buy an additional 800,000 to 1 million tonnes of wheat for shipment before the end of May when their local crop becomes readily available, to keep an adequate level of stocks."
  • weak Egyptian pound has pushed up the cost of wheat imports paid for in dollars
Ed Webb

Iraq war costs U.S. more than $2 trillion: study | Reuters - 1 views

  • The U.S. war in Iraq has cost $1.7 trillion with an additional $490 billion in benefits owed to war veterans, expenses that could grow to more than $6 trillion over the next four decades counting interest, a study released on Thursday said
  • The war has killed at least 134,000 Iraqi civilians and may have contributed to the deaths of as many as four times that number, according to the Costs of War Project by the Watson Institute for International Studies at Brown University.
  • Excluded were indirect deaths caused by the mass exodus of doctors and a devastated infrastructure, for example, while the costs left out trillions of dollars in interest the United States could pay over the next 40 years.
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  • When security forces, insurgents, journalists and humanitarian workers were included, the war's death toll rose to an estimated 176,000 to 189,000
  • The report also examined the burden on U.S. veterans and their families, showing a deep social cost as well as an increase in spending on veterans. The 2011 study found U.S. medical and disability claims for veterans after a decade of war totaled $33 billion. Two years later, that number had risen to $134.7 billion
  • the United States gained little from the war while Iraq was traumatized by it
  • the $212 billion reconstruction effort was largely a failure with most of that money spent on security or lost to waste and fraud
Ed Webb

Kerry first foreign policy speech - 2 views

  • In his first major speech as secretary of state, John Kerry on Wednesday didn’t mention Syria even once or delve deeply into other urgent world crises. Instead, he focused on defending his department’s budget and encouraging international trade, especially with Asia
  • While his remarks on campus were rooted in trade opportunities and American soft power – agricultural help for troubled South Sudan and increased educational opportunities for Afghan girls, for example – the destinations on his trip point to the national security priorities that are more likely to consume at least his early months in office. Beginning next week, Kerry is scheduled to discuss the U.S.-backed French intervention in Mali on a stop in Paris, hear the frustrations of Syrian opposition leaders in Italy, meet with Egyptian officials and civil society members in a volatile and sharply divided Cairo, and discuss the Syrian civil war and its worsening humanitarian crisis with Turkey and Arab Gulf allies.
  • As dire budget cuts loom with sequestration – a projected $2.6 billion in cuts for the State Department, including $850 million from daily operations – Kerry defended his agency’s spending, stressing that the entire U.S. foreign policy budget is only slightly more than 1 percent of the national budget.“It sounds expensive, but, my friends, it’s not,” Kerry said. “The State Department’s conflict stabilization budget is around $60 million a year. That’s how much the movie ‘The Avengers’ took in on a single Sunday last May. The difference is, the folks we have on the ground are actual superheroes.”Kerry was particularly protective of foreign aid, which is often among the first items on the chopping block in tough times. The State Department projects roughly $1.7 billion in cuts to foreign aid under the mandatory budget cuts. Kerry lauded the fact that 11 of the top 15 U.S. trade partners were former recipients of U.S. assistance and said the money must continue to flow, as an investment, in order to grow a new crop of beneficiaries-turned-economic allies.
Ed Webb

Apocalypse Soon - By Rosa Brooks | Foreign Policy - 1 views

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    How equipped are states, individually or collectively, to adequately prepare for slow-moving disasters or low-probability, high-risk events?
Ed Webb

Stronger Egypt-Iran rapproachement could be a message to third parties | Egypt Independent - 3 views

  • Ahmadinejad wants to convey regional leadership and to claim success in opening and warming relations with Egypt. He also benefits from having an Islamist leader, like Morsy, greet him warmly
  • “With so much trouble at home, Morsy may have wanted to look like a global statesman by welcoming Ahmadinejad. He may also want to signal his independence from Western political interests, as we’ve seen through his warming relations with the Hamas’ leadership,”
  • During a news conference, an Al-Azhar spokesperson gave the Iranian leader a public scolding, listing five demands, which included the protection of Sunni and Khuzestani minorities in Iran, ending political interference in Bahrain, ending its support of the Syrian regime, and ending Iran’s ostensible mission to spread Shia Islam across the region.
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  • “Morsy sends a clear message to the Gulf countries and especially the [United Arab Emirates] that he can easily create alternative strategic relationship,” Labbad says, adding that such “political vexing” is a response to the failure of the visit by Morsy adviser Essam al-Haddad to resolve the issue of 11 Egyptian detainees in the UAE. The latter are said to have strong connections to the Brotherhood’s international organization, in the midst of growing enmity between Egypt and the UAE.. Labbad argues that Morsy thus does not aim at real and deep rapprochement with Iran, but rather a cosmetic patch up to send signals to the Gulf. “The context here is very dangerous, because the revived relationship with Iran should be an addition to Egypt’s foreign policy, not a replacement of its relationship with the Gulf countries,” he adds. Momani doubts such an inclination by Morsy, as Egypt cannot afford the cost of such a policy. “This strategy can backfire and upset Gulf donors and benefactors. Iran can never supply the kinds of funds that are provided by the Gulf,” she says.
  • “I think neither Morsy nor Ahmadinejad enjoy the authority to have complete control or knowledge of their respective government’s grand strategies for Syria. What seems certain is that a realist agenda determines foreign policy on both sides. Both seek a Syrian government they can control or at least influence,”
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    Various levels of analysis and perspectives at work here, including domestic, foreign policy and (regional) systemic levels and identity versus realist perspectives.
Ed Webb

Japan defense chief: could have pre-emptive strike ability in future - Yahoo! News - 4 views

  • Japan has the right to develop the ability to make a pre-emptive strike against an imminent attack given a changing security environment although it has no plan to do so now, the defense minister said on Thursday, days after North Korea conducted a third nuclear test. Any sign that Japan was moving to develop such a capability in response to North Korea's nuclear program could upset neighbors China and South Korea, which have reacted strongly in the past to suggestions it might do so.
  • Onodera said Japan needed to strengthen its ballistic missile defense in view of the North Korean threat. "Japan, the United States and South Korea managed to respond well to North Korea's missile launch on December 12. But North Korea is expected to boost various capabilities further. We need to improve corresponding capabilities as well."
  • "There already is a preliminary agreement between Japan and China to set up a maritime communication mechanism," Onodera said. "The mechanism would include annual meetings, specialists' meetings, hotlines between high-ranking people, and direct communications between ships and planes in the field. I would like to have final agreement reached as soon as possible."
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    History repeats itself in similar ways. If this pattern is to continue, it is likely to lead to an arms race/build-up and some sort of security dilemma.
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    The security dilemma is precisely what makes this so difficult, so you are right to point to it. If Japan wishes to respond to the threat it feels from DPRK, by swaggering a little or increasing its capabilities as a deterrent, it risks pushing China and ROK to increase their capabilities in response. This kind of arms racing is a prime example of the effect of anarchy: no-one would be behaving irrationally; but the collective outcome would be negative for all of them.
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    Precisely so! Thank you!
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