Sunday, June 20, 2010


News Links, June 21, 2010

-- Global economic meltdown --
Gold reclaims its currency status as the global system unravels
When the rubber hits the road – a Budget to terrify us all (UK)
World Cup stadiums: aglitter now, a black hole in the future?
Bahrain will need 30% rise in workers to fill offices

-- Food --
Saudi buys near 1m tonnes of Canadian, German wheat
Kenya braces for food shortages
N.Korea completely cuts off state rations, authorizes private food markets

-- Fault lines --
Mayor of Mexican town shot dead after death threats
Russia, Kazakhstan near nuclear deals
Putin's right-hand man exits Kremlin shadows
Colombia: Police patrol attacked; seven killed, eight missing
Powers caught up in central Asia's new 'great game'

-- Energy/resources --
Anger grows across the world at the real price of 'frontier oil'
Karzai: Japan gets priority in Afghan mining
Severe heat and power blackout hit northern Vietnam
Kuwait pledges to tackle summer blackouts
Pakistan: Outages continue despite max power generation
Rising demand of energy, a serious matter of concern in S Asia
US: Former Shell exec predicts blackouts, gas lines
Belarus calls for gas crisis talks
Coal: the next great commodity story
Norwegian gas bubble

-- Oil gusher --
Internal BP Document Confirms Matt Simmons' Worst Case Prediction Of Spill Rate Of 100,000+ Barrels Per Day
Nations rethink drilling in wake of BP oil spill
BP To Raise $50 Billion for Oil Spill Costs: Report

US: Fannie Mae And Freddie Mac Now Own More Houses Than There Are In Seattle
Cost of Foreign Oil Dependency, Already Crippling U.S. Economy, Has Increased $50 Billion Year-Over-Year
Schools Face Test on Budget Math
Multi-Million-Dollar Mansion Markdowns (Buy now!)
Pentagon revives Rumsfeld-era domestic spying unit
The Rising Seas: Navy May Request Billions of Dollars to Protect Ports and Bases
Economy weak, data look even weaker

And finally... Louisiana lawmakers propose prayer to stop oil disaster

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