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Chinas farm produce prices higher BEIJING - Prices of Chinas farm produce in major cities have all posted rises in the week that ended October 31 from the previous week, government figures showed Wednesday. The rise in food prices, which have a one-third weighting in the calculation of Chinas consumer price index (CPI), has added to inflation concerns as the index rose to a 23-month high of 3.6 percent in September. In the week of October 25 to October 31, prices of 18 types of vegetables rose 1.9 percent, a report released Wednesday by the Ministry of Commerce said. Prices for eggs and meat (pork) rose by 0.2 percent and 0.7 percent, respectively, while the price for edible oil (soybean oil) gained 0.3 percent. Meanwhile, prices of rice and flour rose 0.2 and 0.4 percent, respectively. Seafood prices edged up 0.1 percent. Surging food prices pushed China‘s CPI(消费指数) to the highest point in nearly two years in September, and the inflation rate was above the government’s target ceiling(上限) of 3 percent for 2010. In September, food prices climbed 8 percent year on year, picking up strength after rising 7.5 percent in August, 6.8 percent in July and 5.7 percent in June. Israel: Iran can build 1 bomb, soon can build 2 JERUSALEM - Israels military intelligence chief says Iran possesses enough enriched uranium to build one nuclear bomb and soon will have enough to produce a second. Major General Amos Yadlins statement coincides with previous assessments from both the CIA and the UNs nuclear watchdog. But any Israeli commentary on Tehrans nuclear program is significant because Israel has not ruled out a military strike to try to prevent Iran from developing nuclear weapons. Israel, like the West, does not believe Tehrans claims that it is developing nuclear technology to produce energy. Yadlin spoke to parliaments foreign affairs and defense committee Tuesday. His remarks were reported by meeting participants who spoke on condition of anonymity because the testimony was de
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