Monday, October 18, 2010


News Links, October 19, 2010

-- Global economic meltdown --
Fast Yuan Rise Short-lived as Trade Surplus Will Peak: Chinese Media
China vows breakthroughs to secure growth
US Will Not Engage in Dollar Devaluation: Geithner
"U.S. Treasury Secretary Timothy Geithner said on Monday that the dollar will remain the world's reserve currency during 'our lifetime' and the United States will not devalue it."
There's No Bubble in Gold, Peter Schiff Says: "We're Still Relatively Early in the Game"
EU Gripped by Growing Class War?
"We would argue that what is going on now is increasingly a protest against the EU itself."
Lack of Mortgages Frustrates Young Saudi Homebuyers as Elders Debate Law

-- Fault lines/flashpoints/military --
Truck drivers join French pension protests
Rubbish fills streets of Marseille as trash collectors strike
French strikes force petrol stations to shut
Chaos as French protesters face-off with police
Iraqi prime minister visits Iran
Iran tells Iraqi prime minister 'get rid of America'
U.S. says Iran has a role in Afghan talks
New Karachi violence kills 33
Pentagon Officially Prepares for Laser War Against Mythical Enemy (Pravda)
Russia Risks Mass Unrest Under Current Regime, Gorbachev Says
US fears Chinese companies are breaking Iran sanctions
Facing a rising China, Russia looks to boost Europe ties
France and Germany seek to 'anchor Russia to the West'
Russia's Growing Anger over Afghanistan's Growing Drug Output
Anti-Japan protests go into 3rd day in China
France, India Eye Joint Military Operations: Report
"We could intensify our cooperation at the theatres of operation where both our armed forces are deployed - piracy in the Indian Ocean and the Gulf of Aden being such a case."
U.S. Expected to Curtail 'Soft Power' Operations Even As the World Becomes More Unstable

-- Energy/resources --
DealTalk: 5N Plus On First Solar's Radar As Supply Crunch Looms
*We're going to have "shortages" of everything just because of the sheer scale of industrial civilization.
China-Japan rare earth fracas continues
China's Rare Earths Gambit
Spain's Solar Deals on Edge of Bankruptcy as Subsidies Founder
China Plans to Cut Rare Earth Export Quotas by Much as 30%, Daily Reports
India's 'King Coal' sale to raise billions

-- Got food? --
Niger averts food crisis but faces population boom
Focus more on 'satoyama': expert

-- Environment/health --
U.N. environment chief: 'We are destroying life on Earth'
US soldiers sickened by toxic Iraq burn pits

-- Intelligence/security/internet --
Data Center Construction Costs Are Likely to Rise
*Data centers are the backbone of technological society. This is a bad portent.
The Trouble With Technology Disruption
US Federal Agents Urged to 'Friend' People on Social Networks, Memo Reveals
The Business Of Burying Internet Search Results
Osama bin Laden living in comfort in Pakistan, says Nato official
Al-Qaida group poses new threat to the U.S. and Europe
Pakistan intelligence services 'aided Mumbai terror attacks'
U.S. confirms contacts with Mumbai plotter's wives
Pentagon asks media not to publish war leaks
New device allows parents to track children's movements via Internet (Japan)

-- UK --
Home Secretary warns of growing threat of cyber warfare
Government vows to transform cyber defences
Navy aircraft carrier will be sold after three years - and never carry jets
UK government axes Severn Estuary barrage plan due to high cost
Social housing budget 'to be cut in half'
Tube passengers walk on track after power fails
U.K. Proposes Eight More Sites as Suitable to Build Nuclear-Energy Plants

-- US --
Goldman: Retail Recoveries Are Getting Weaker And Weaker
*Check out the graph. The commercial collapse started 20 years ago.
Luxury Spending Rebounds to Pre-Crisis Levels
*If you're super-rich, the world is your oyster!
Insider Selling To Buying Update: 2,019 To 1
Bank of America to resume some foreclosures
Misery Index at record high
The rising revolution: a perfect storm is brewing
Demand for Guns, Food Stamps Indicates Uncertainty: Analyst
"The rise in gun sales and food stamp demand are indicators of a fearful public struggling financially, Nicholas Colas, chief market strategist, ConvergEx Group, told CNBC Monday."
Airlines roll back on first-class seating
FDIC Warns of Possible US Farmland 'Bubble'
CNBC predicts Congress will retroactively legalize foreclosure fraud
Forget it. You're not getting your house back
Banks Face Mortgage Scrutiny as $49 Billion in Value Vanishes
11 State Pension Funds that May Run of Out Money
Visualizing A POMO Market: How The Fed Added 400 Points To The S&P
Foreign Holdings Of US Treasuries Surge Driven By Record "UK" Purchases
Lake Mead Hits Record Low Level
New Portland Grocery Store Has More Parking for Bikes Than Cars
Banks deny half of small business credit requests: study
GOP lawmaker: Illegal immigrants are like 'Hitler', should be shot

And finally... 20 Examples Of Corporate Doublespeak

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