Wednesday, August 18, 2010


News Links, August 19, 2010

-- Global economic meltdown --
Greece Enters "Death Spiral" and Violent End Game Approaches
New Normal: Bankrupt nation. Deflation. Zeros. Junk. No jobs. Depression (US)
Richard Koo: The Global Slowdown Is Getting Worse
S African public workers to strike
Singapore Casinos Could Rival Las Vegas By 2012
Faber: Don't Touch U.S. Government Bonds
Volkswagen, Suzuki India Customers Wait on Auto-Parts Shortage
Vietnam Devalues Its Currency as Equities Approach Bear Market
Malaysian Province Moves To Gold And Silver-Based Currency
The Bond Market Is Signaling Trouble Ahead
Ryanair: charge to use rest rooms, designated standing areas

-- Fault lines/flashpoints --
It's the Beginning of the End for the American Empire
DoD's 2010 Report on China's PLA Military Modernization (Defense Tech)
Colombia Court Blocks U.S. Military Accord Behind Regional Fight
Rocky relations between Japan and South Korea over disputed islands
Kidnapped Mexican mayor is found dead
Russia to beef up military presence in former Soviet space
Japan calls Gulf ship blast 'extremely grave'
U.S., S. Korea To Conduct Anti-Submarine Exercise
South Korea stages anti-terror drill
Egyptians protest power outages, block key highway

-- Energy/resources --
OPEC's Spare Crude Oil Capacity - Will it Disappear by the End of 2011?
Hungry For Oil: Feeding America's Expensive Habit
More UAE petrol price hikes this year – report

-- Oil disaster --
Georgia scientists dispute Obama claim that most oil is gone
Toxic oil levels found in key Gulf breeding zone, scientists say
Scientists dispute White House claim that spilled BP oil has vanished

-- US --
Low Gas Tax Could Cost Drivers More (on infrastructure deterioration)
Scores Stagnate at High Schools

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