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
"The Egyptian people have become the dry wood ready to catch fire."
Chinese collapse: Asia's Doctor Gloom
"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."
"The Indian government estimates that imports could reach 200 million Mt by 2017."
"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.
Canada begins drilling deepest oil well (1.5 miles!)
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."
Ron Paul: Fed Audit Under Fire
"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