Monday, August 16, 2010


News Links, August 17, 2010

-- Global economic meltdown --
Debt Virus Spreads After Make-Believe Recovery
China Favors Euro Over Dollar as Bernanke Alters Path
Japan's economy slowing
China Economy Surpasses Japan, Capping Three-Decade Rise
China's Economic Growth Is Just A Sprint Toward Breakdown (Robert Reich)
Norway's Oil Fund Lost $25 Billion in Second Quarter on Stock Slump, BP
Industrial projects idle, hoping for capital (Vietnam)
China Sold More Treasurys in June
Matterhorn Asset Management: There Will Be No Double Dip... It Will Be A Lot Worse
Japan considers another round of stimulus measures
Japan medical expenses hit new record in FY 2009

-- Fault lines/flashpoints --
U.S., S. Korea begin military exercise
N.Korea warns of 'severest punishment' over war games

-- Got food? --
Leading scientists say meat grown in vats may be necessary to feed 9 billion people

-- Oil disaster --

-- US --
Florida Republican: Put immigrants in "camps"
Mexican attacks inflame tensions on NYC island
If Private Sector Is Hiring, Why Is Jobs Market So Bad?
"As fast as the private sector is creating jobs, the government is shedding them. And the cuts are far from over."
Hold Onto Your Wallets: Govt., Mortgage Bankers Set to "Fix" Fannie + Freddie
Las Vegas home values keep going down
Drug recalls surge
South Plains Food Bank experiencing food shortage crisis; needs community's help (Texas)

And finally... Tons of gold imported by UAE from Ghana turn to dust

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