Wednesday, August 04, 2010


News Links, August 5, 2010

-- Global economic meltdown --
China's In A Jam -- Don't Buy Their Poker Face
China Said to Test Banks for 60% Home-Price Drop
*A stunning admission of China's massive real estate bubble.
Fear empty flats in China's property bubble -- 64.5 million empty apartments?
"Too Big to Jail" - How Big Banks Are Turning Mexico Into Colombia
£1.6bn Lloyds profit boosts banking recovery hopes
Peak Capital - Our Ultimate Limit?
*Another engine of collapse.

-- Fault lines/flashpoints --
Iran's Ahmadinejad survives 'assassination attempt'
Iran Says Explosion Near Ahmadinejad Just Fireworks
Iran Claims to Have Surface-to-Air Missiles
Mofaz: Incident was terror attack (Israel/Lebanon)
Israel blames 'rogue elements' in Lebanon as it axes trees
Lebanon detains Israel spy suspect
U.N.-listed 'terror front' group leads flood relief in Pakistan
*It just goes to show that one man's terrorist is another man's freedom fighter.
Amid Mexico's Drug War, A Rush For Bulletproof Cars
US imposes more Iran sanctions
Al-Qaeda ally claims tanker attack on Japanese tanker
Militants Seize Another Baghdad Neighborhood, Raise 'Islamic State' Flag
Mozambique and U.S. stage joint military exercise
Maoists clash with Indian police
Mexico ready to debate legalisation as drug war claims 28,000 lives

-- Environment/health --
Will dengue fever spread in U.S.? Too soon to tell, experts say
Peru suffers deadly outbreak of bubonic and pneumonic plague

-- Got food? --
Russia Should Ban Grain Exports Amid Drought, Glencore Unit Says
Wheat Surge Squeezes Pig Breeders in Denmark, the Biggest Exporter of Pork
U.N. Warns of Pakistan Food Shortage
Grain Prices Are Spiking Everywhere

-- Energy/resources --
America's delusions of energy independence (a good read, no matter what country you're in)
EU Seeks Caspian Gas Accord to Cut Russian Dependence
Policymakers recognise peak oil threat, now they need to deal with it
China invests USD 40 billion in Iranian oil and gas sector
Iran eyes joint oil venture with Venezuela

-- Intelligence/security --
Your Smartphone Apps Could Be Leaking Private Info
Police agencies admit to saving body scan images (US)
Private eyes are watching you (surf the Web)
Internet security: Behind BlackBerry ban, rising concerns over smartphones

-- Oil disaster --
'Static kill' appears to be working, BP says
Static kill won't end Gulf oil spill drama - even if it works
BP oil spill: three-quarters of oil 'eliminated'

-- UK --
City's biggest development plan in a decade collapses
Residents evacuated after fire at UK's main nuclear weapons factory

-- US --
Power providers warn of possible blackouts (Louisiana)
Obesity Rates Keep Rising, Troubling Health Officials
Treasury approves $600M in housing aid to 5 states with high unemployment
The Foreclosure Crisis That Will Not Go Away
Rise In Foreclosures Burdens States, Economy
Can the Fed unload its toxic assets successfully?
The bygone middle-class golden era
Cities endure power, water losses during heat wave

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