Wednesday, July 28, 2010


News Links, July 29, 2010

-- Global economic meltdown --
All ministries face 10% budget cut (Japan)
Sheriffs Roam Ireland Seizing Cars From Debtors After Collapse
Greek Villas Marked Down 45% as Crisis Hits Island Homes
Average Home Transaction Prices In Shanghai Plunge 48.4%
South Africa strike: Nearly 1 million government workers set to take action
Russia plans $29bn asset sale to prop up budget
Jim Rogers Calls CNBC A Market PR Agency Whose Sole Purpose Is To Make Stocks Go Higher

-- Intelligence --
Julian Assange: Wikileaks founder fears he could be arrested
WikiLeaks Reportedly Outs 100s of Afghan Informants
Seven People Have Been Entrusted With The Keys To The Internet
Is your smart phone spying on you?

-- Fault lines/flashpoints --
Narco-violence spills into US
Yemen Shiite rebels capture 200 soldiers: military official
French detectives put on leave after receiving mob death threats
France declares war against al-Qaida
Terror group claims it will make Greece 'warzone'
Iran will pay for new babies to boost population
David Cameron: Pakistan is promoting the 'export of terror'
Japanese oil tanker damaged in Persian Gulf in suspected attack
Markets Blind to Rising Tensions on Korean Peninsula, Ian Bremmer Says
Pakistan Pushes Draconian New Terror Bill
US 'Fully Prepared' for New Nuclear Talks With Iran (Voice of America)

-- Military --
Defense draft calls for enhancing SDF's contingency capabilities (Japan)
Army 'was close to seizing up', Iraq inquiry told (UK)
Israel, Germany deny sub talks
Russia exports helicopters to Peru
China's growing military may spur arms race in Asia

-- Oil blowout --
100 days of oil: Gulf life will never be the same
Oil in gulf is degrading, becoming harder to find, NOAA head says
Oil spill's economic damage could take years to identify
Gulf spill raises long-term beach safety questions
More than 40M gallons of oil MIA
"What we're trying to figure out is: Where is all the oil at?" said retired Coast Guard admiral Thad Allen, the oil response's federal overseer. "There's still a lot of oil that's unaccounted for."
BP Spill May Cost Gulf $22.7 Billion in Revenue, Group Says

-- Energy/resources --
Kyrgyzstan's energy crisis worsens
Collecting rainwater now illegal in many US states as Big Government claims ownership over our water
The Truth About Fracking
"The video... [shows] a gas explosion and water so toxic that a lighter can set tap water on fire."
Greece Has Literally Run Out Of Gas
Third Blackout Hits Chile's Capital
President vows end to blackouts (Indonesia)

-- Environment/health --
Plankton decline across oceans as waters warm
Could new diagnostic manual result in almost everyone being diagnosed with mental illness?
Deep Underground, Miles of Hidden Wildfires Rage
Michigan oil leak polluting Kalamazoo River; Governor declares disaster area

-- Got food? --
Food security plan essential for the national interest (Oz)

-- UK --
£100k reward after millions of pounds of metal stolen
Big freeze gives British Gas 98% profits hike
UK electric car grant scheme 'cut by 80%'

-- US --
Our Crumbling Infrastructure — Patch & Pray
Congress approves new funding for Afghan war
Oakland gives final OK to large-scale pot farms
Cities' plea: We need $75 billion or we'll lay off 500,000
Doomsday shelters making a comeback
Second Student Sues School District Over Webcam Spying
Gen Y: No jobs, lots of loans, grim future
Pain, but no gain: local governments face budget doom
California Declares State Of Emergency Over State Finances
Gov orders more state furloughs (California)
Durable Goods Are Latest Economic Disappointment
Durable Goods Orders "Unexpectedly" Sink; How did Economists Blow the Call?
It Looks Like This Recovery Is Already Over
Wealth transfer: Income of very richest shot up by 281% since 1979
Are the American people obsolete?
'Anti-Islamic' bus ads appear in major cities

And finally... Five Ways to Profit BIG from Global Collapse

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