Friday, June 04, 2010


News Links, June 5, 2010

-- Global economic meltdown --
Chinese Exporters Ditch Wounded Euro for Dollars
G20 to Back Euro Zone on Debt, Sidestep Bank Levy
Euro plummets below $1.20
Debtor sets himself on fire in Greek bank
Boutros-Ghali says IMF not properly resourced
Eurozone plan for common bond issue to head off debt crisis
Dow plunges below 10000 amid bad news on euro and US jobs
"A Very Grave Situation": Hungary Joins Sovereign Debt Crisis Parade
Sovereign Credit-Default Swaps Surge on Hungarian Debt Crisis
Europe faces summer of intermittent unrest
U.S.'s $13 Trillion Debt Poised to Overtake GDP: Chart of Day
Deutsche Bank's Lewis Says Gold May Rally Past Record on Crisis
Dubai property prices seen to drop another 20%

-- War/military --
U.S. 'secret war' expands globally as Special Operations forces take larger role
Pentagon denies aircraft carrier being deployed to Korean Peninsula
Turkey close to severing ties with Israel over flotilla deaths
Gaza flotilla: Turkey threat to Israel ties over raid
Myanmar 'nuclear plans' exposed
Russia builds listening post sparking fears of Georgia strike
Russia warns against rushing Iran sanctions

Google To Hand Over Private Wifi Data To European Governments
China uses drones to spot opium fields

BP: Cleanup costs for oil spill will be 'severe'
The Demise of BP?
Petrobras Strikes Pre-Salt Oil at Brazil's Marlim
*Do the math, people! 380 million barrels is less than five days' world oil supply.

Mexico: 2 Monterrey officials kidnapped
Mexican marijuana smugglers turn to ultralight aircraft

East African nations to challenge colonial Nile treaty
Drought leaves Cuban reservoirs at 40 pct capacity

UK: Medieval life 'could teach us about debt-free living'
"A small farmer in the 1100s would be able to make enough money to live off while taking up to 170 days off a year."
British Airways loses 400,000 passengers in May as new strike begins
Surveillance cameras in Birmingham track Muslims' every move

US: Drilling ban to cost thousands of jobs
U.S. Wary Of Nuclear Blast To Stop Gulf Oil Leak
Higher oil prices on the way
Many workers are jobless far longer than usual
When good neighborhoods go bad
"Christopher Leinberger of the Brookings Institution says dozens of U.S. neighborhoods like Willowalk are fast becoming America's newest slums."
The Spreading No Fishing Zone in th e Gulf Of Mexico
Regulators shut small banks in Miss., Ill., total for year is now 80
$6 to $8 Gas? Prices Will "Skyrocket" If U.S. Stops Drilling, Says Former Shell Exec
"Longer-term Issues for America Are Really, Really Serious," Bishop Says
No class: 4-day school weeks gain popularity nationwide
Pentagon Official Tapped As Intelligence Chief
Another Market Worry: What Happens When Stimulus Ends?
Fury at BP Turns Into Protests and Vandalism
Gas blowout: Marcellus Shale Gas Well Rupture Controlled After 16 Hours
Unemployment Soars in American Cities: Why Did Congress Hit the Road?

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