Monday, August 30, 2010


News Links, August 31, 2010

-- Global economic meltdown --
Greeks "In Over Their Heads In Debt" Means Non Performing Loans Poised To Surge
Bank of Japan's Moves Fail to Contain Yen
China Housing Market Seen Bottoming Out, New Property Tax "Inevitable"
Have Easy Gains in China Gone?
Moody's Issues Stern Warning On China's Pyramid Bank Recapitalization Scheme
End Looms For Era of Cheap Chinese Labor
China's Insatiable Appetite for Gold
"When the world's second largest and fastest growing economy liberalizes gold ownership by individuals, who happened to be the planet's most fastidious savers at a 17% rate, you better pay attention."
Japan, China sign seven trade pacts
The Post-Crisis Decade: More Ugliness To Come
US Economy Needs Another Big Stimulus Push: Krugman
Japan Ponders Increasing Fuel Tax
Toyota Prius May Lead Japan Car Sale Collapse as Subsidies End

-- Fault lines/flashpoints --
Mexico mayor killed as Tamaulipas violence escalates
U.S. Escalates Air War Over Afghanistan
Vladimir Putin says 'unsanctioned' protesters can expect police brutality
China warships dock in Burma, rattling rival naval power India
U.S. Concerned About Taiwan Ex-Generals' China Visits: Report
Saudis amass U.S. weapons to confront Iran
Neo-nazis run riot at Russian rock concert
Somali presidential palace shelled
Despite Hype, Iraq War Not 'Ending'
Revised U.S. Export Rules May Ease Overseas Sales of Military Technologies

-- Energy/resources --
Obama could kill fossil fuels overnight with a nuclear dash for thorium
*Where have I heard this before?
Oil Should Be Around $10 a Barrel: Analyst (CNBC)
The Rare Earth Elements Crisis
Oil, bribery and the CIA
NTPC May Buy Stakes in Indonesian Coal Mines to Help Curb India Blackouts
With drilling stalled in the Gulf, Big Oil sets its sights on the Arctic

-- Got food? --
Food crisis looms after floods in Pakistan
Rodents, maggots, other violations found at 2 egg farms (US)
Shortage of farms and water threatens grain output targets (China)
Bill and Melinda Gates Foundation invests in Monsanto

-- Oil disaster --
BP Assures Governors It Will Restore The Gulf
This woman's nose stands between you, Gulf seafood
Louisiana authorities report oil sightings from Gulf of Mexico spill
Gulf coast fishermen join Katrina victims and vow never to forget
"The government is painting these pictures like we're crazy and seeing UFOs. But every time we come out here we find plumes of oil under the water as thick as you can see."

-- Environment/health --
Hot scoobies: Bjørn Lomborg: $100bn a year needed to fight climate change

-- Intelligence/security --
Combined Face and Iris Recognition System extends range of iris scans to 16 feet
U.S. to Use Drones on Entire U.S.-Mexico Border, Official Says
Border Sweeps in North Reach Miles Into U.S.

-- UK --
Bank of England may restrict mortgage lending

-- US --
Bernanke Hallucinating
University Attendance Scanners Make Some Uneasy
In weak economy, some work two jobs
U.S. Economy "Extremely Weak" and "Losing Momentum," Says Economist Nigel Gault
Behind Chicago's high-crime summer: persistent street gang violence
Why Bernanke's attempts to fix the economy are only a façade (Daily Reckoning)
Airline fees likely here to stay
Record number in government anti-poverty programs
Department of Justice Lists Survivalists, Constitutionalists in Extremism Guide

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