Thursday, August 12, 2010


News Links, August 13, 2010

-- Global economic meltdown --
European Industrial Output Unexpectedly Declines on Drop in Durable Goods
Spanish Crisis Threatens Second Front as Catalonia Rates Rise
Ireland stokes euro-zone debt fears
Options for storing precious metals (Solari)
Foreclosure Crisis Spreads Across U.S.; Idaho Defaults Mount
Asia overtakes Europe as world's biggest beer producer
Greece's economy deeper in recession than forecast (another "unexpected")
China's Coming Property Bust: Why 64.5 million apartments in China use no electricity

-- Fault lines/flashpoints --
US-Vietnam ties strengthen with military exercises, to China's chagrin
Disaster takes Pakistan close to collapse
China's army condemns South Korean-US sea drills
Russia's LUKOIL resumes gasoline supply to Iran -trade
France rounds up hundreds of Roma
Dissidents say Iran nuclear sanctions are helping Ahmadinejad
Repercussions of an Israeli attack on Iran
Sri Lankan waters run deep with China
Russia Ready to Launch Iranian Nuclear Power Plant
Russian Missile Deployment 'Extremely Dangerous': Georgia

-- Energy/resources --
Dash for Clean Energy A Boon to China's Rare Earth Monopoly
Jeff Rubin: Boone Pickens' plan full of hot air
IEA Raises Gulf of Mexico Output Loss to 100,000 Barrels a Day
Peak predictions: mixing water and oil as global resources dwindle

-- Intelligence/security --
Wikileaks preparing to release remaining Afghan war logs
New Satellites Build Out China's Reconnaissance Strike Network

-- Environment/health --
Are you ready for a world without antibiotics?
India rejects UK scientists' 'superbug' claim
Long hot summer of fire and floods fit predictions
Russia's fires cause "brown cloud," may hit Arctic
BP to pay $50.6 million fine for Texas refinery blast

-- Got food? --
Pakistan floods cause 'huge losses' to crops
Sugar, Wheat, Rice Worth $2.9 Billion Ruined by Pakistan Floods
Disasters could push food prices up
Is another food crisis coming?
"The fact is, though, that the food crisis never really went away.
Global wheat supply forecast cut
Quarter of Russian crops lost in drought, Medvedev says
Cattle 'cloned from dead animals' (US)
Grocery prices up by as much as 25% in one week (UAE)

-- Oil disaster --
BP, U.S. mull whether to skip 'bottom kill'
In oiled Louisiana marshes, signs of regrowth seen (More "green shoots"?)

-- UK --
Record four out of five jobs going to foreigners between May and June
Holiday firm Sun4U collapses stranding 1,200 people

-- US --
Sovereign citizens — a 21st Century counter culture
Stock market sees a bull? A bear? No, a tortoise.
Riot police called in as thousands rush for federal aid (a preview of worse to come)
Public Theft and the End of Empire
More Americans Than Forecast File Claims for Jobless Benefits (another "unexpected")
Deflation's Coming, Says Gary Shilling, And It's Going To Clobber The Stock Market
Religious leaders warn of Islamophobia surge with hate speech and opposition to new Islamic centres across America
Why more government debt won't fix the economy
Debts Rise, and Go Unpaid, as Bust Erodes Home Equity
Home equity loans on the skids
"U.S. borrowers and lenders are saying many home equity loans will never be repaid."

And finally... Corpse of renowned French chef found in freezer

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