Monday, July 05, 2010


News Links, July 6, 2010

-- Global economic meltdown --
China shares fall to 15 month low on economy fears
Chinese premier warns of economic difficulties
China Property Market Beginning Collapse That May Hit Banks, Rogoff Says
Are Iceland's Banks About to Go Bust Once Again?
With the US trapped in depression, this really is starting to feel like 1932 (Ambrose Evans-Pritchard)
The Ticking Time Bomb That Are The Spanish Cajas
Dow Repeats Great Depression Pattern: Charts
Retirement age must be raised, EU says ("Retirement" will soon disappear; I guarantee it.)

-- Fault lines --
Indian opposition parties call strike over fuel prices
Turkey threatens diplomatic break with Israel over raid
Saudi Arabia denies report king said Iran, Israel should not exist
Iran says its passenger jets were refused fuel abroad
BP stops refuelling Iranian passenger planes
UAE airports open to refuel Iranian passenger jets
UAE, Germany, UK deny Iran refuel accusations
Fusion of militants seen as new threat
Clinton Pledges Support for Georgia
Project Censored - Inside The US/NATO Military Industrial Media Empire
Spy tech that 'monitors conversations' being launched in Europe: report

-- Energy/resources --
Acute coal shortage fuels blackout fears (India)
"Acute coal shortage in 32 coal-fired power stations is a clear indications of massive power cuts across the country in the coming 15 days."
$100 Oil: Coming Sooner Than You Think
IT firms asked to switch off power for 2 hrs a day (India)
BP remains key Pentagon supplier
South Korea's Mideast energy imports rise 51% in 2010
Toronto blackout leaves royals in the dark; 48,000 still without power
Is NYC A Blackout Waiting To Happen?
China oil demand may grow 9% in H2 this year
Bigger oil industry role for Arabian Gulf
"Deepwater drilling for oil and gas is now understood to be even more difficult and high-risk than previously thought."

-- Oil gusher --
Government will take over spill response information website; Move could happen in days
The BP/Government police state
Sinking oil threatens historic Gulf shipwrecks
Relief well remains Gulf's last best hope to end oil gusher
BP oil spill costs pass $3bn mark
BP asks oil spill partners to pay $400m
BP Looks for New Investors; Spill Cost Tops $3 Billion
Marine biologist claims US Coast Guard involved in Corexit spraying
"Pincetich specifically cautioned that no matter how carefully Corexit is sprayed, the chemicals will always drift inland, or simply evaporate and return in condensation."

UK: Unions fear 'war' with government over strikes
Government plans to curb civil service compensation
School building programme scrapped in latest round of cuts

Japan: Half Of Men In Mid- To Late 60s Bringing Home The Bacon
New Rule Calling for Increased Use of Heavy Oil May Ignite Oil Industry Realignment

US: Another disappearing summer tradition: the public pool
Mexico's drug war heats up near Arizona border
"This began like a cancer in the finger and now it is spreading to other parts of the body. There comes a time when the government has absolutely no control."
More teens smuggling drugs across border for drug cartels
Too Big To Fail But Brazen Enough To Still Get Bigger
American middle class slowly disappearing under mounds of debt
TSA to Block "Controversial Opinion" on the Web

And finally... The First Hershey's Chocolate World in Middle East Opens in Dubai
... Japan's first banana vending machine

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