Tuesday, October 12, 2010


News Links, October 13, 2010

-- Global economic meltdown --
The age of austerity (WaPo)
Czech left vows to block austerity package
China Bank-Ratio Rise Signals Officials Divided, Goldman Says
Demand Soars Past Indian Aviation
"Swelling Business Travel and Middle Class Overload Infrastructure, Threatening Ability of Carriers to Tap Into the Market"
U.S. decision on China yuan practices looms again
China's forex regulator reiterates crackdown on "hot money" inflows
China's Housing Bubble May Pop In The Next 6-12 Months-S&P
Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show
3.5 million French protesters join forces in last-ditch attempt to derail pension reform
Jobless America threatens to bring us all down with it
A Detailed Look At Global Wealth Distribution

-- Fault lines/flashpoints/military --
Petraeus Launches Afghan Air Assault; Strikes Up 172 Percent
The coming wars in Somalia and Yemen
Climate change could lead to Arctic conflict, warns senior Nato commander
Asian military ties warm at Hanoi defence meeting
Iran's Economy Feels Sting of Sanctions
A divided Lebanon waits for Iran's Mahmoud Ahmadinejad
US warns Asia-Pacific nations over territorial disputes
U.S. Alarmed by Harsh Tone of China's Military
China tries to calm nerves over Asia sea activity
India, South Africa could complicate US agenda in UN Security Council
Piracy not only game in Indian Ocean naval buildup
"In the waters of the Indian Ocean, international warships keep watch against Somali pirates -- but in the long run, newly arrived navies from India, China, Russia and elsewhere may be as much rivals as allies."
"Zetas" drug gang grows, sows fear in Mexico
Policeman possibly linked to Falcon Lake case beheaded
India set to buy 300 combat aircraft from Russia

-- Energy/resources --
Power shortage looms over Luzon — DOE chief (Philippines)
Rising domestic power demand to boost alternative energy projects in KSA
"Power demand in KSA is rising by eight percent per year."
*That means demand would double in under 10 years!
Brussels plans strict new controls for offshore oil drilling
China overtakes U.S. as biggest energy consumer: IEA
China Auto Sales Rise 19% in September on Incentives
Nuclear power death spiral: Sluggish Economy Curtails Prospects for Building Nuclear Reactors
China's Pipelineistan "War"

-- Got food? --
Downbeat corn report stirs up buying frenzy
How to grow herbs indoors during winter
Meat-pocalypse now
"Bad weather, growing demand and flat corn harvest yields all add up to one thing: That steak is going to cost you."

-- Oil disaster --
Obama administration lifts deep water drilling moratorium imposed after BP's Gulf oil spill
Higher costs, risk lasting legacy of Gulf spill

-- Environment/health --
Sludge spill just 1 of Eastern Europe's toxic horrors
"Experts: Region is dotted with ecological catastrophes waiting to happen"
Huge Parts of World Are Drying Up: Land 'Evapotranspiration' Taking Unexpected Turn
Night-time lights bring insects, disease

-- Intelligence/security/internet --
Iranian, Chinese Computers Also Discovered to Have Been Hacking D.C. Internet Voting System

-- UK --
The cap on student fees should be lifted entirely, says Lord Browne

-- US --
U.S. research spending stagnant since 2005
Physician Shortage Expected To Balloon To 91,500 in 2020
Suburbs: Social services not keeping up
"Poverty is growing in U.S. suburbs but social services aren't keeping up with the growing need."
In Search Of Charging Stations For Electric Cars
Pay Garnishments Rise as Debtors Fall Behind
Fed minutes: Easing may be needed "before long"
The Fed's New Plan To Save The Economy Could Lead To "Titanic Trouble"
Massive Foreclosure Errors Will Collapse the Housing Market
US bankers set for record pay and bonuses for second year
Free meals on planes fly into the sunset
'Deficit reduction'? Don't believe it.
JPMorgan holds the most loans in foreclosure ($19.5 billion!)
Foreclosure Fraud: It's Worse Than You Think
Citigroup Call On Implications On Foreclosure Crisis: "Just The Tip Of The Iceberg"
US Cities Face Half a Trillion Dollars of Pension Deficits (Financial Times via CNBC)
At last a sensible opinion about high-speed rail
Gore Vidal: America is the crookedest place on earth
The U.S. is the Most Overworked Developed Nation in the World

And finally... Snakes move into Commonwealth athletes' village

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