Monday, May 10, 2010


News Links, May 11, 2010

EU Crafts $962 Billion Show of Force to Halt Euro Crisis
Why the Eurozone Is Doomed
Europe prepares nuclear response to save monetary union
U.S. Debt Shock May Hit In 2018, Maybe As Soon As 2013: Moody's
OECD members vote unanimously to invite Israel to join
"Markets Are Happy" But Even $1T Won't Solve Europe's Woes, Nouriel Roubini Says
UAE assure on banks, Dubai debt woes
Bank Funding Crunch Deepens as Swap Rates Soar: Credit Markets
BOJ to resurrect Fed dollar-swap as central banks seek liquidity

Pavement is home for angry Egyptian protesters
With protests over wages, anger over meat prices, Egyptians' economic woes turn political
"The Egyptian people have become the dry wood ready to catch fire."

US Threatens Pakistan Over Times Square Bomb
Militant factions with global aims are spreading roots throughout Pakistan (WashPo)
Envoy: Some 40 terror camps in Pakistan

China's Social Powder Keg
Chinese collapse: Asia's Doctor Gloom

Iran could fire nuclear missile within two years, says think tank
Israel says it's better prepared for war with Iran
'Explosive traces found' in sunken South Korean warship
Call for private forces to fight pirates
"Western private security firms are seeking to re-establish the centuries-old system of 'letters of marque and reprisal' that allows privateers to pursue maritime marauders."

UBS, JPMorgan Quit India's Manhattan as Buildings Rot
India Feeds Its Hunger for Coal
"The Indian government estimates that imports could reach 200 million Mt by 2017."
Last year's cyber attacks on Google and India linked

Japan's Govt Debt Soars To Record High Of Y882tln
Japan in risky territory: Things could turn ugly fast
Gov't to boost cyber-attack countermeasures

Zimbabwe to export power to South Africa for World Cup
"The planned power export is set to worsen an already critical situation that has seen most of Zimbabwe experiencing rolling blackouts during the past few weeks."

Is Camelina the Next Jatropha? Don't get your hopes up.

Greece, Arizona, and the Decline of the Nation-State

Canada begins drilling deepest oil well (1.5 miles!)
Low gas prices to keep production projects on hold

Nature loss 'to damage economies'

UK: Forget the election – China is the real threat to the FTSE 100
400 bikers in motorway fuel-price protest
Alistair Darling - UK euro support liability '£8bn'
British Airways strikes confirmed during school half-term

US: Las Vegas has more than its share of troubled properties
The Threat of E15
Number of Soldiers Seeking Opiate Abuse Treatment Skyrockets
Holder: Miranda may need changes for terrorists, even US citizens
Spill Could Devastate U.S. Gulf Coast Oyster Reefs
Oil Spill Causes BP Costs to Mount; Hearings Planned
Bing to seek more funds to raze homes (Detroit)
"'We can't get them down quick enough,' Bing said of vacant houses that have become dens for drug and other criminal operations."
More kids eat dinner from Uncle Sam
Reeling From Oil Spill Controversy, Obama Pulls Back From Atlantic Offshore Oil Lease Sale
Ron Paul: Fed Audit Under Fire
Michigan laborers choosing unemployment
Hope You Enjoyed the Housing Recovery ... Because It's History, Says Suttmeier
"Fannie Mae and Freddie Mac have become black holes into which taxpayers must shovel endless billions just to keep the mortgage engine running."
What cost is too high for nuclear energy? Talk about cost overruns!
Weiss Ratings' challenge to S&P, Moody's, and Fitch: Downgrade the Long-Term Debt of the United States Before It's Too Late

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