Friday, August 20, 2010


News Links, August 21, 2010

-- Global economic meltdown --
Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week
America Won the Cold War But Now Is Turning Into the USSR, Gerald Celente Says
"As with many observers, Celente thinks America will suffer the same fate in Afghanistan as the USSR, the British Empire, Alexander the Great and all others who've ventured into the 'graveyard of empires.'"
German AF Limits Repairs to 'Mission-Relevant'
Broken Bank Stocks a Canary in the Market Coal Mine?

-- Fault lines/flashpoints --
U.S. assures Israel nuclear Iran not imminent: report
India's Growing Nuclear Capabilities
Israel, Iran and Imminent Supply Chain Risk?
Iran test fires surface-to-surface missile
Russia increases diesel submarine production
Russian nuclear submarine leased to India -reports
Air traffic control problem cuts European flights
Ukraine to upgrade Egyptian Soviet-era T-62 tanks
China, N. Korea reach 'full consensus' on restart of nuke talks
Japan warns ships to be vigilant in Strait of Hormuz
Mexico City Businessman Shot to Death in Bar Gave Testimony Against Gang

-- Energy/resources --
Analysis: Swollen U.S. crude stockpiles mask global drawdown
Korea's KNOC in $2.9 bln hostile bid for Dana
Wind Power: Bad News Blows in From Denmark
Power blackout paralyzes St. Petersburg
Remembering the Remarkable Matthew R. Simmons
Pemex Seeks Foreign Partners to Develop Offshore Oil Fields for First Time
More oil from Russia to the Asia-Pacific region

-- Got food? --
BHP Billiton Develops an Appetite for Potash
2nd Egg Recall Linked to Salmonella Affects 14 States (US)

-- Oil disaster --
Woods Hole says oil trapped deep, degrading very slowly
Use of Dispersants in the Gulf Proves to Have Little Benefit
Was Rosy Gulf Oil Report A White House PR Move?

-- Environment/health --
Wildfires rage through British Columbia
Bolivia declares fires emergency
Study measures Atlantic plastic accumulation
Mangrove forests vanishing at an alarming rate, satellite images show

-- Intelligence/security --
After shooting, Pentagon vows to focus on 'insider threat'

-- UK --
Councils 'could cut 500,000 jobs and not harm services'

-- US --
Office Memo: Bed Bugs Are Back
Fidelity: retirement fund withdrawals rise in downturn
" A record number of U.S. workers are tapping into their retirement accounts to make it through the economic downturn."
And Now We're Headed For The GREATEST Depression, Says Gerald Celente
Hundreds of millions in Katrina funds remain unspent
The American Retirement Crisis
Cuts in Social Security
Taxpayers on the hook for $3 trillion in pensions
Lease Accounting and the Corporate "Cash Mirage" - How Corporations Hide Debt
California's Furlough Fridays are back
Four bank failures bring U.S. total to 114 for the year

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