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Flap’s Links and Comments for March 16th on 07:53

March 16, 2011 /

These are my links for March 16th from 07:53 to 07:56:

  • Young Leaders of Egypt’s Revolt Snub Hillary Clinton in Cairo – A coalition of six youth groups that emerged from Egypt’s revolution last month has refused to meet with Secretary of State Hillary Clinton, who arrived in Cairo earlier today, in protest of the United States’ strong support for former Egyptian President Hosni Mubarak who was ousted by the uprising.

    “There was an invitation for members of the coalition to meet Secretary of State Hillary Clinton but based on her negative position from the beginning of the revolution and the position of the US administration in the Middle East, we reject this invitation,” the January 25 Revolution Youth Coalition said in a statement posted on its Facebook page.

    A spokesman for Clinton had no immediate response to the snub. Another State Department official, who would not speak for attribution, confirmed such a meeting had been slated for Tuesday and noted that she still plans to meet with members of civil society and transitional government officials during her visit, during which she will urge Egyptians to continue on the path towards democracy.

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    Obama's foreign policy is a disaster. The young in Egypt do not trust Obama or Clinton which is bad for the USA.

  • Obama Inflation: Wholesale prices up 1.6 pct. on steep rise in food – Wholesale prices jumped last month by the most in nearly two years due to higher energy costs and the steepest rise in food prices in 36 years. Excluding those volatile categories, inflation was tame.

    The Labor Department said Wednesday that the Producer Price Index rose a seasonally adjusted 1.6 percent in February — double the 0.8 percent rise in the previous month. Outside of food and energy costs, the core index ticked up 0.2 percent, less than January's 0.5 percent rise.

    Food prices soared 3.9 percent last month, the biggest gain since November 1974. Most of that increase was due to a sharp rise in vegetable costs, which increased nearly 50 percent. That was the most in almost a year. Meat and dairy products also rose.

    Energy prices rose 3.3 percent last month, led by a 3.7 percent increase in gasoline costs.

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    Here comes the inflation – just like Jimmy Carter