President Obama’s golf-course diplomacy has failed Egypt

[mike.redd1266]

The Middle East is in a major battle and what has the POTUS been doing? that is correct playing golf. :/

This article from Rare.us hit the nail on the head with how Obama is leading, or lack of, and what he needs to do to help fix the USA's foreign policy problems.
Article: The choice in Egypt: Why Obama must lead from in front | Rare.us

America has two different ways in which it can influence the behavior of the Egyptian military: economic and military aid. Why aren't we doing either? When will Obama become a leader? After his term?

Again the link is The choice in Egypt: Why Obama must lead from in front | Rare.us

 

[waltky]

Uncle Ferd says dat's why gas prices is so high - so's dey can pay off the debt...

PM: Egypt Owes Foreign Oil Companies $6 Billion
September 12, 2013 — Egypt is close to agreeing to a schedule for repaying $6 billion in outstanding debt to foreign oil companies, Prime Minister Hazem el-Beblawi said in a newspaper interview published on Thursday.

Beblawi also told Al Masry Al Youm that reaching an agreement would lead to a rise in investments from the companies to $15 billion within two years.

The Egyptian state, racked by political and economic turmoil since the ouster of Hosni Mubarak in February 2011, has been struggling to meet soaring energy bills caused by high subsidies on fuel products for the country's 84 million-plus population. "We are in debt to foreign oil firms for around $6 billion, which is what led them to stop investing. We are on the verge of reaching an agreement with them to schedule the debts," Beblawi said. "Reaching a settlement will lead to a rise in investment from foreign [oil] firms within two years to $15 billion."

Earlier this month, Oil Minister Sharif Ismail said Egypt was preparing a timetable for repaying arrears on debts it owes to foreign companies in order to encourage them to continue investing in exploration and development.

Financial disclosures by firms including BP PLC, BG Group, Edison SpA and TransGlobe Energy show Egypt owed them more than $5.2 billion at the end of 2012. Dana Gas, owed $230 million by Egypt in overdue payments for gas supplies, said it was in active dialogue with the government over the debts.

Source

 

[waltky]

Israel `fraid Egypt won't be able to keep jihadists in check...

Cutback of US aid to Egypt leaves Israel nervous
October 10, 2013 ~ It isn't just Egypt lamenting the loss of U.S. military and financial aid: Israel fears a cutoff will hamper Egyptian efforts to quell jihadists in the Sinai Peninsula, where they threaten to destabilize the entire region.

The Obama administration's decision to withhold a significant amount of much-needed military equipment as well as some $260 million in aid to Egypt comes as the nation's interim government is locked in a bloody fight with heavily-armed Islamist militias in the Sinai Peninsula. If the jihadists mustering there can't be stopped, Israeli officials fear they could use the lawless territory to launch attacks not only on Cairo, but also on Israel. “The situation in Sinai is deteriorating and is becoming of grave concern, not just for Israel, but first and foremost for Egypt, because violence in Sinai is infiltrating into mainland Egypt,” one Israel official told FoxNews.com. “It seems that jihadis are getting bolder every time, and with every action they pose a real threat to national security in Egypt, not to mention to security on the border, and potentially to Israel.”

On Wednesday, the State Department announced that as well as withholding financial aid, the U.S. would suspend the planned delivery to Egypt of anti-ship missiles, 10 Apache helicopters and tanks, equipment seen as essential in helping Egypt’s interim government keep up the fight against radical jihadist groups causing havoc in the vast Sinai desert. “The decision was wrong. It is a flawed decision in terms of content and timing and raises serious questions over the United States' readiness to provide strategic support to Egypt's security programs,” complained Egyptian Foreign Ministry spokesman Badr Abdellaty On Thursday, after a suicide attack in the Sinai city of El Arish killed three policemen and a soldier, U.S. Secretary of State John Kerry said the cutback in aid is not a sign the U.S. is abandoning Egypt, its strongest Arab ally for decades. “By no means is this a withdrawal from our relationship or a severing of our serious commitment to helping the [Egyptian] government,” Kerry said.

Israeli officials fear a cutoff of aid to Egypt could embolden the jihadist forces in the Sinai Peninsula.

But Israeli officials fear the U.S. decision has already emboldened jihadis, many with links to Al Qaeda. In recent days they exploded bombs in Cairo, including at a major gas plant, and concerns are growing that the crackdown by Egypt’s Gen. Abdel Fatah el-Sisi against the Muslim Brotherhood and radical Islamic groups could falter if the government runs out of funds or the military hardware to fight a potential insurgency. The U.S. decision followed the Obama administration’s earlier move not to deliver F-16 fighter jets to Egypt as a protest against the removal of President Morsi of the Muslim Brotherhood. “After the events in the course of this summer, the President…asked for a review of our assistance relationship with Egypt," a senior U.S. State Department official said. "As a result of that review directed by the President, we have decided to recalibrate our assistance to Egypt to ensure that it’s being effectively used to advance all of our objectives.”

U.S. law effectively demands a cessation of aid to any country that has undergone a military coup. The gray area in Egypt -- and the source of much debate in the U.S. -- is whether or not this was a military coup, as the military was supported and continues to be supported by much of the Egyptian population. But Sisi has ruled Egypt with an iron fist since taking over the reins of power and there has been much bloodshed as the Muslim Brotherhood, in particular, has been forced on the run, its leaders captured and held in custody, and its most prominent supporters rounded up. “We have made our opinion known in Washington that we believe everything must be done to stabilize Egypt and to stand by the Egyptian government, even if recent developments have not been exactly democratic," the Israeli official, who spoke on condition of anonymity, told FoxNews.com. "The important thing is to put Egypt back on track. “Only then would it be possible to talk about a more prosperous economy, about more freedom and more democracy," he added.

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