Thursday, October 21, 2010


News Links, October 22, 2010

-- Global economic meltdown --
Japan's poverty problem -- 1,377,930 households on welfare
New Tally of Global Wealth Illuminates Staggering Disparities
It's Hard to Engineer a Soft Landing: China's Growth Slows But Inflation Rises
Africa's 1 Billion Consumers Too Many for Wal-Mart to Ignore
Catalonia Sells Debt to Citizens After Public Market Lockout: Euro Credit
Canadian household debt becomes 'excessive'
John Taylor Parallels Current Situation To World War 2, Predicts Global Debt Structure Could Collapse
Saudi Kingdom to build world's tallest tower

-- Fault lines/flashpoints/military --
The Chinese Threat To India
China online game allows people to fight officials
New attack sub docked at China's navy base in Hainan Island
China's threats anger Japan, but trade ties complicate things
China's Naval Ambitions Spur New Regional Strategic Planning
North Korea ready for third nuclear test, say reports
French strikes: panic-buying at petrol pumps
Strikers hit French energy supply, France imports electricity
France Grinds To Literal Halt As Authorities Impose Fuel Consumption Restrictions
French strike to save 'birthright' of benefits
French Union Calls for 'Massive' Strikes Next Week
Sarkozy says strikers have no right to take population hostage and warns rioters of punishment
North African states at risk of being overrun by al-Qaeda
Why Israel Should Declare Itself a Nuclear Power
Japan turns down Chinese offer for joint development of Senkaku Islands
Japan Foreign Minister: '78 Senkaku 'accord' unrecognized
U.S. Marines in Okinawa necessary for deterrence: U.S. commander
EU-Turkey Rift Harming Military Cooperation: NATO
UAE Opens Naval Base to Bypass Hormuz
Britain Eyes 2020 Withdrawal From Germany

-- Energy/resources --
Rare Earth Elements — China Lowers The Hammer
Chilean industry mulls its freshwater footprint, risk of shortages
The True Cost of Oil (Despite the flaws, an interesting read)
Central Asia's Energy Future Put at Risk by Melting Glaciers
KSA says it still has lots of cheap oil

-- Got food? --
China buys more soybeans, pushing up prices
General Mills Signals Faster U.S. Food Inflation: Chart of the Day
U.S. to Pay Farmers for Non-Food Crops for Biofuels, Vilsack Says

-- Environment/health --
Groups sue BP for harm to endangered Gulf wildlife
NOAA: Another Winter of Extremes in Store for U.S. as La Niña Strengthens
Sea Ice Melting As Arctic Temperature Rises
NOAA: Warming Arctic unlikely to return to the way it was

-- Intelligence/security/internet --
Vietnam, Burma, Thailand, Cambodia and the Philippines are all moving towards Chinese-style internet censorship
China Has Ability to Hijack U.S. Military Data, Report Says
Cleric on US kill list attended Pentagon lunch after 9/11: reports
Pentagon Will Help Homeland Security Department Fight Domestic Cyberattacks

-- UK --
Millions affected as state pension age rises to 66
Spending review 2010: There's no 'Plan B', says George Osborne
More than 70 MPs campaign against winter fuel allowance cut
Councils in England 'to lose 100,000 jobs'
Number of new homes built falls to record low
UK slashes budget: Feels "like an amputation"

-- US --
Will the Federal Reserve Cause a Civil War? (Time picking up on Zero Hedge)
Like France, will US soon move to boost retirement age?
Banks' mortgage troubles mount as everyone seeks payback
Banks Face Two-Front War on Bad Mortgages, Foreclosures
No Sign Foreclosure Problems 'Systemic': White House (What a relief!)
Fast-Paced Foreclosures: Florida's 'Rocket Docket'
Battle Lines Forming in Clash Over Foreclosures
Banks Clueless on Foreclosure Mess Severity
Fannie, Freddie bailout could nearly double in size
Fannie, Freddie To Pursue Putbacks, Subpoena JPMorgan, Among Others, In Seeking Loan Level Detail
Severe, Life-changing, and Consciousness-Altering State Budget Cuts Coming
The Rise and Fall of America
"Today, America has too many people looking to the government for financial salvation."
U.S. Citizenship For Sale: Govt. Sells Shot at "the American Dream" for $1M
South Carolina's retirement fund billions short
Approximately 75 percent of all employees steal from work in some way
Recession Was 'Just A Speedbump' For Richest Households: Report
Extreme Drought Grips Parts of South, Midwest

And finally... 'Smell-O-Vision' TV developed by Japanese scientists
Woman Drove With Mummified Body in Passenger Seat For Months
Spain holds first national siesta championship

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