Monday, November 15, 2010


News Links, November 16, 2010

-- Global economic meltdown --
Ireland Given 24 Hour Ultimatum To Take Bailout Or Be Responsible For Pan-European Contagion
Will Ireland Be the First Domino to Topple Europe?
Ireland Said to Weigh Pumping Capital Into Banks to Halt Crisis
Sovereign Debt Crisis Redux? "Tough Medicine" Isn't Curing Europe's PIIGS, Shilling Says
The G-20 summit failed to solve the international currency war -- and it may soon be escalating (Foreign Policy)
Fed's ability to influence market could be over
Europe stumbles blindly towards its 1931 moment (Ambrose Evans-Pritchard)
Dazzling Bargains in Commodities
"Is gold a bargain at $1,400 an ounce? Is crude oil a screaming deal at $85 a barrel? Absolutely!"
Data reveals higher Greek debt
Sovereign default system makes sense (Financial Times)
The Status Quo's Fundamental Paradigms Are Broken
*Good explanation of the end of growth.
IMF Says Pakistan Floods Worsen in Economic Outlook, Require Outside Funds
Diverging Fortunes Put China and the U.S. on a Collision Course

-- Fault lines/flashpoints/military --
China to build new patrol ship to enhance maritime capability
Number of North Korean refugees fleeing to the South hits 20,000
Eyeing Iran, Israel slates missile shield for 2015
China, Russia urge Iran to show nuclear plans peaceful
Immigration: Far-right fringe exploits European coalitions
Bullet sent again to Chinese Embassy in Japan
Russia ditches plan to return 2 islands to Japan: Russian paper (Surprise, surprise!)
NATO Leader: Alliance To Focus on Territorial Defense
US missiles for Bahrain

-- Energy/resources --
China's Shanxi Province to face 5-6 GW power shortage by yr-end-paper
China oil demand at record high amid diesel squeeze
Oil market 'very well supplied' - IEA
Stem coal prices surge to highest levels in 2010
Oil to run out 100 years before replacements become viable, study claims

-- Got food? --
Argentina Negotiates With China Over Corn Exports
Toxic algae spreading through ocean and coastal food chains
For Farmers, High Grain Prices A Welcome Surprise
Farm Economy Heading for Record Driving Surge in U.S. Cropland

-- Environment/health --
None flew over the cuckoo's nest: A world without birds
Dengue fever case reported in Miami, authorities investigating
The New Floods and Draughts
UN: Haiti Cholera Cases Expected to Rise
CDC and ADA Now Advise to Avoid Using Fluoride
China Still Living Beyond Its Environmental Means: WWF

-- Intelligence/security/internet --
New JFK Theory: CIA, Pentagon Behind Assassination
State-led cyberterror set to rise: report
North American Union – "U.S. Super Spy Center" Uncovered in Mexico
"I am Spartacus" -- Online outrage after judgement of Twitter airport bomb threat joke
Mexico's $80M boom industry: Bulletproof cars
Full frontal nudity doesn't make us safer: Abolish the TSA
Oceanside man challenges airport's full-body scan
TSA screenings drive passengers to find alternatives to flying
*Demand destruction, coming right up!
Clues Suggest Stuxnet Virus Was Built for Subtle Nuclear Sabotage

-- UK --
David Cameron: Britain will remain major world player
Houses now taking longer than ever to sell
UK 'may be liable for £6bn of Irish debt'

-- US --
$7.9 Billion POMO Closes As Fed Ties China For Top Global Holder Of US Treasurys With $868 Billion
Fed money printing getting even wilder! (Check out the graph.)
Senior boom begins amid economic bust
Life On The Sidelines: The Long-Term Unemployed
Middle Class in Crisis: America Needs a Reality Check, Gary Shilling Says
Blackout brings Giants-Cowboys game to brief halt
Money Supply Continues to Contract
Florida truck dealership offers free AK-47 with purchase
Alaska churches try energy audits to save money
Rise in U.S. hunger slows, but remains high
'Fusion centers' gather terrorism intelligence – and much more
Credit card writedowns continue decline in October
A third of Chicago-area homes underwater
California kicks off $14 billion debt sale

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