Saturday, August 07, 2010


News Links, August 8, 2010

-- Global economic meltdown --
US Federal Debt Freight Train Is Coming at Mr. Market
"Nominal GDP has been growing at only $4 billion per month, while new Federal debt has been accumulating at around $100 billion per month."
China Opens the Flood Gates for Gold and Silver

-- Fault lines/flashpoints --
U.S. Embassy Warns of Possible Saudi Arabia Extremist Attack on Westerners
U.S. moves forward with Kyrgyzstan base
Beijing: U.S. Must Recognize China As Great Power
Pentagon says U.S. carrier to exercise in Yellow Sea
Report: Iran plans assassination operations in Arab states if attacked
Mexico confirms car had explosive device aboard
"Second car-bomb attack against law enforcement in less than a month."
20 killed in Iraqi market blasts
More rains hit flooded Pakistan, Islamists step up
Tensions Flare Along Israel's Borders
US sees spike in Greek terrorism
"Experts and law enforcement officials argue new terror groups appear to have broken with the past tradition of militancy in Greece and no longer claim to espouse any clear objectives or political ideology."

-- Got food? --
Egypt in a fix over Russian wheat ban

-- Intelligence/security --
Internet traffic talks collapse
Tracking Is an Assault on Liberty, With Real Dangers
*On-line privacy? Ha ha ha ha ha!!!
Second Annual International Conference on Cyber Security (FBI press release)
Wikileaks brushes off US complaints, promises more leaked documents
Mexican journalists march for protection

-- Resources/energy --
Jpn Foreign Minister Heads Off to Central Asia plus Japan Foreign Ministers' Meeting
*The Japanese media report that his trip is meant "to get resources."
2-second power outage cripples Indonesian international airport
Gulf Spill Has 'Far Reaching' Impact on Oil Company Credit – S&P
Europe and Natural Gas - Are Tough Choices Ahead?
Why your next electricity bill may be a shocker (Ontario)
New Power Outage Threatens Bulgarian Summer Season

-- Environment/health --
Pakistan issues flooding 'red alert' for Sindh province
Whooping Cough Epidemic Grows (California)
Can the city defeat growing bedbug crisis? (Toronto)
Wildfires could spread to region irradiated by Chernobyl disaster
A Looming Oxygen Crisis And Its Impact On World's Oceans

-- Oil disaster --
Gulf spill investigators eye undersea evidence
'Bottom kill' set to seal oil well for good, but worries abound in Louisiana
FDA says dispersants are no problem

-- UK --
Pawnbrokers strike gold as economy stutters
Dozens of companies 'going bankrupt' every day, new figures show
Commercial property shares are still a 'sell'

-- US --
What collapsing empire looks like
House pressed on border security bill
Battle Looms Over Huge Costs of Public Pensions
Iran divestment to affect public pensions
Commercial Real Estate Prices decline sharply in June
Goldman Schools Students on Debt
"I've got a worthless degree. It's like I didn't attend school at all."

And finally... South Korean soldiers ordered to cut potty-talk

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