Wednesday, June 16, 2010


News Links, June 17, 2010

-- Global economic meltdown --
Baltic Index May Fall Back to April Levels: Technical Analysis
UK Jobless total getting close to 2.5 million
Hong Kong: Lee's Henderson Says 20 Apartment Sales Scrapped
EU Denies Planning Spain Credit Line with IMF, US
Spain fights rescue rumors ahead of visit from IMF chief
Spanish borrowing costs at new high
9 Reasons Why Spain Is a Dead Economy Walking
"Barring an economic bailout of mammoth proportions, the economy of Spain is completely and totally doomed."
Default, Not Thrift, Will Pare U.S. Debt
Europe Recession Next Year 'Almost Inevitable': Soros
Russia to Buy Canadian, Aussie Dollars for First Time
Norway, Sovereigns Lose $5 Billion on BP After Spill
Sarkozy Lifts Retirement Age to 62; Raises Highest Income-Tax Rate to 41%
Kan Plans May Require $76 Billion Japan Tax Increase
Why Europe needs to kill off its zombie banks
Some Nations Going Overboard With Austerity: Pimco Exec

-- Fault lines --
South China Sea Piracy on the rise: watchdog
N. Korea Says It Will React Militarily To Any U.N. Condemnation
China gears up preparations for launch of space command
Brazil Defies UN and Will Export Ethanol to Iran
Israeli Defense Giant IAI Recalls Turkey Staff
How the West Is Losing Turkey
Calderon asks for Mexicans' support as toll rises
Mexico imposes limits on the use of US dollars
Iran plans four more nuclear reactors
Turkey eyes nine attack choppers, drones
Taliban 'seize Pakistani troops'

-- Energy/resources --
Japan, Saudi Arabia reach oil storage deal
WWF Sees "Severe Risk" In Arctic Oil Exploration
China-Russia oil pipeline scheduled for running on Oct. 31
UAE: Power bills double for Sharjah residents plagued by power cuts
Natural Gas Jumps in U.K., Heads for Record Second Quarter: Energy Markets
Renewables to the rescue?
Kyrgyz unrest threatens energy supplies
Pentagon report in April never mentioned $1 trillion in Afghan wealth

Japan: Central Tokyo Office Rents Fell For 21st Straight Month In May
'It's like a war!': Miyazaki farmers still reeling from foot-and-mouth disease

-- Oil gusher --
BP Admits That - If It Tries to Cap the Leak - the Whole Well May Blow
BP's 'Nightmare' Well: Internal Documents Uncover Negligence

US: Property Taxes Falling in Los Angeles County; Tax Revenues Will Plunge
Calpers asking California for more money ($600 million!)
George Clooney joins Council on Foreign Relations
The party in Housing Starts and Building Permits is over
Oil May Be the Nail in Florida Housing's Coffin
Indian reservations on both U.S. borders become drug pipelines
Unmanned aerial vehicles give troops an airborne assist
Toxic Pension and Municipal Bonds; State and Local Borrowing Hits All-Time High
Lawmakers Question US Cybersecurity Readiness
What Coming Wave of Corporate Debt Means to Investors
More Than 90 Banks Miss TARP Payments
Fannie and Freddie Announce Delisting From NYSE

And finally... God torches "Touchdown Jesus"

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