Saturday, July 10, 2010


News Links, July 11, 2010

-- Global economic meltdown --
China sees surge in trade surplus
Nobody Wants Japan's Ultralow Yield JGBs? China Does!
Gold to Be Supported by Massive Fiscal Challenges Facing U.S. and Western Economies
Economists see U.S. recovery weakening: survey
Is the IMF about Ready to Muscle U.S. Taxpayers?
Head Of Largest Private Portuguese Bank Forced To Deny Bankruptcy Rumors
World foreign currency reserves hit $8.1 trln - US

-- Energy/resources --
Iran Cuts Crude Oil Stored in Supertankers by 40%, Signaling More Supplies
China Boosts Net Oil Imports to a Record in June
A look at China's Growing Demand for Oil

-- Fault lines --
Libyan ship to sail to al-Arish and not Gaza
Former soldier in Iran's Revolutionary Guard writes of life as CIA spy (CNN)
"He predicted that Iran will eventually attack Israel, Europe and the Gulf and advocated a preemptive military strike against the regime but not against the Iranian people or infrastructure."
Obama expects 'no surprises': Israel won't strike Iran without U.S. permission (World Tribune)
Lloyd's says won't cover Iran petroleum shipments
10 Ways We Are Being Tracked, Traced, and Databased
U.N. Falls Short of Blaming N. Korea For Destruction of Warship
US 'realises it cannot win' Afghan war
Presbyterians: End Israel aid over settlements
Iran's president: US a global 'dictatorship'

-- Food --
China's Soy Imports Jump to Record on Argentine Row
New approaches to crop development needed urgently

-- Oil gusher --
Toxicologists: Corexit "Ruptures Red Blood Cells, Causes Internal Bleeding", "Allows Crude Oil To Penetrate "Into The Cells" and "Every Organ System"
Coast Guard: Most Texas tar balls not from spill
Bankruptcy for BP: The big 'What if?'
Doomsday: How BP Gulf disaster may have triggered a 'world-killing' event
A Key Piece in the Oil Leak Story: Two Sections of Drill Pipe Lodged in the Blowout Preventer

UK: Heatwave may have caused hundreds of deaths
Fish rescued as rivers dry up in drought
Osborne Says Budget Cuts Needed to Avoid `Downward Spiral' in U.K. Economy

US: Bennett plans Arizona-style immigration bill (Florida)
State of Illinois is flat broke
Seventh lawsuit filed over Ariz. immigration law
Regulators take over 4 failed U.S. banks; 90 for year
Christie looks to privatize motor vehicle inspections, other services
Seattle's "Actuarial Valuation" of City Pension Plan Sinks to 62% Funded; I say it's Far Worse
Is The Fed Funding The Treasury Through The Banks?
California In The Midst Of A Whooping Cough Epidemic

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