Sunday, October 10, 2010


News Links, October 11, 2010

-- Global economic meltdown --
Dubai firm plans bad-debt fund
UAE personal debt quadruples in 10 years
Finance Leaders Call for IMF Role in Averting Protectionist `Currency War'
IMF warns countries to work together or face wars
America's Timothy Geithner warns China on yuan
Japan, U.S. To Collaborate On Multilateral Forex Framework
IMF Considers Extension of Greece's Loan Package, ECB's Bini Smaghi Says
Putin Selling First Euro Bonds as Yields Lowest to Dollars: Russia Credit
BOJ Pushes Advanced Nations To Continue Easy Monetary Policy

-- Fault lines/flashpoints/military --
Japan, China defense chiefs to meet Monday: report
Japan DefMin Kitazawa to tell Gates of intention to ease arms export ban
Fears of Military Coup Surface in Iraq – Sources

-- Energy/resources --
Nuclear renaissance continues to crash and burn
Crude Oil's Next Major Resistance at $87 a Barrel
Common Gadgets May Be Affected by Shortage of Rare Earths
Current oil price 'not harmful' to economies
Energy Is 12 Percent of Data Center Costs

-- Got food? --
Food prices to rise globally as energy prices edge higher
Behind the Chicken Goop: The Truth and Science of Chicken Nuggets
Potash Corp. reportedly working on break-up plan

-- Environment/health --
Too Much of a Good Thing: Human Activities Overload Ecosystems With Nitrogen
Second wave of sludge expected in Hungary
Wind power can cause change in local temperatures
Hungary Toxic Sludge Catastrophe Reminiscent of BP Gulf Oil Spill Disaster
*Disinformation and cover-up

-- Intelligence/security/internet --
Ears provide new way of identifying people in airports

-- UK --
Alan Johnson warns of 'damaging' government cuts
More than 30 maternity and casualty units facing the axe
Environment adviser warns against green funding cuts

-- US --
Three Horrifying Facts About the US Debt "Situation"
#1: The US Fed is now the second largest owner of US Treasuries.
#2: "There are only about $550 billion of Treasuries outstanding with a remaining maturity of greater than 10 years."
#3: The US will Default on its Debt
Dying communities see salvation in new prisons
Water shortage means changes for southwest
40 Attorneys General Investigate Bank Foreclosure Processes
An ugly, temporary answer to California's intractable budget problems
Why Real Personal Income May Never Grow Again
Urgent care clinics carve out a key health care niche
Oil Rises a Second Day Amid Speculation Fed May Buy Debt to Boost Economy

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