Friday, July 30, 2010


News Links, July 31, 2010

-- Global economic meltdown --
Europe Crisis Is Not Over, May Lead to Fiscal Union, UBS Says
Japan unemployment rises further
U.S. Financial System Still at Risk, Says IMF
IMF Says U.S. Financial System May Need $76 Billion in Capital
Spain Jobless Rate up to 20.09 Percent
Chinese Economy Strong? Depends Who You Ask
China Becomes Second Biggest World Economy
Japan: Land of the Rising Debt

-- Fault lines/flashpoints --
China says it's sovereign in S. China Sea
China says it opposes EU sanctions against Iran
Pakistan likes Al Qaeda more than America
Syrian and Saudi leaders visit Beirut to defuse tension
Bangladesh garment workers riot over new wages
U.S. Closes Consulate In Mexico's Ciudad Juarez
Al-Shabab threatens AU peacekeepers (Somalia)
Kabul rioters burn SUVs, yell 'Death to America'
Obama seeks to expand arms exports by trimming approval process

-- Intelligence --
Pentagon: Leak probe may go beyond military
WikiLeaks Posts Mysterious 'Insurance' File

-- Energy/resources --
Cautioned by BP oil spill, Brazil continues deep-sea drilling
Solar Energy Still Has a Long Way to Go
Why Water Will Soon Become More Valuable Than Oil

-- Environment/health --
Over 300 dead in Pakistan monsoon flooding

-- Oil blowout --
Gulf states now worry about restoring their image
Oil spill waste raises concerns in the gulf
Oil spill legal mess likely one of costliest ever
For 'oiled' marshlands, time may be the only balm
New BP delay a warning: Don't write obituary on Gulf oil spill yet
Dispersants Used in Oil Disaster Creating New Crisis
Scientists: BP dispersants have made spill more toxic (MSNBC)

-- US --
Marc Faber Questions if Dow Could Hit 1,000
Homes keep falling into foreclosure as programs fail to help
Economists Expect Slower Growth in Second Half
Fed policymaker Bullard warns of deflation
Caterers dish up more cases of food poisoning
Trucking Industry Says Economy Is Slowing
Housing: The Liquidation Isn't Over
Regulators close 3 banks in Florida, Georgia; total for year is 106
Feds raid Amish dairy and threaten action over raw milk sales

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