Thursday, December 09, 2010


News Links, December 10, 2010

-- Global economic meltdown --
GCC urged to boost gold reserves
Emirates NBD targets commodities market with "Gold Business"
Dubai water and electricity costs to rise around 15% in 2011
Despite Strong Bond Auction, US Treasurys Likely to Fall Further
Global Economy Faces Higher Capital Costs, McKinsey Study Says
Banks in Europe Fail Stress Tests With No Authority
India Inflation Above `Tolerance Level,' Subbarao Says Before Rate Meeting
World is getting more corrupt, says transparency poll
China's bubble and commodities
Auto Sales Surge in China
Japanese grappling with high cost of death

-- Fault lines/flashpoints/military --
Gates Says U.S. Strategy Is Working in Afghanistan
Taliban Bombs Hit New High; 1500 In November Alone
U.S. Is Gearing Up For Even Heavier Civilian Presence In Afghanistan
Businesses seek refuge from drug war in Mexico City
Gunmen torch stolen cars to blockade Mexican city
Asia's Changing Balance of Power
Taiwan Begins Mass Production of Long-Range Missiles
New U.S. Regs Aim To Simplify Export Controls
France Says It Would Transfer Technology to Russia
Japan foreign minister stresses need for U.S. presence in Asia
US defence chief in UAE to discuss Iran, Yemen

-- Energy/resources --
World oil demand to reach all-time high this year
"This year will see the recovery of all the demand lost during 2008 and 2009, while in 2011 world demand will be two percent above the peak pre-recession level hit in 2007. In 2012 demand will be almost four percent higher than this peak."
Oyster Creek Nuclear Power Plant, Oldest In U.S., Closing 10 Years Early
Competition Over Central Asia's Water Supplies Intensifying
Let Ethanol Subsidies Expire For Good: America's ethanol experiment has been a costly disaster
OPEC says $100 won't necessarily trigger more oil
Toshiba says chip plant halted by power outage (Japan)
Cosmo Oil's Yokkaichi refinery halted on power outage (Japan)
*These two stories illustrate how even a brief power supply glitch can wreak havoc.
Coal producers notified to stabilize coal price in China
Mexican oil may not be worth it

-- Got food? --
Climate change: the daily reality for farmers

-- Environment/health --
Blue Tongue, Blight, Beetles Pester A Warmer World
Big freeze to last at least another month, forecasters warn (UK)
Heaviest snowfall in 25 years leaves Paris paralysed
Gulf of Mexico Seafloor Samples Show Troubling Effects Of Oil Spill

-- Intelligence/security/internet --
WikiLeaks Being Used to Justify "Patriot Act" Legislation For Internet
From WikiLeaks to #ukuncut, Twitter gets political
Pro-WikiLeaks cyber army gains strength; thousands join DDoS attacks
*The implications of this are much bigger than WikiLeaks.

-- UK --
Prince Charles's car attacked by London protesters
US-style gunshot sensors installed in Birmingham
Army to move in as Britain prepares for second freeze
NHS reaching 'breaking point', doctors warn
The size of the average family is getting smaller

-- US --
More Than Half of Americans Want Fed Reined In or Abolished
Ron Paul Claims Chairmanship of Monetary Policy Subcommittee, Prepared to Subpoena Fed
The Extraordinary Contraction of the Commercial Paper Market
A New Nursing Home Population: The Young
'Unfortunate error' by bank and a home is gone
U.S. life expectancy slipped as recession took hold
Bond Insurer Sues Morgan Stanley over mortgage-backed securities
US Home Values Down by $1.7 Trillion in 2010: Zillow
37% of New Condos In Boca Raton Still Unsold
Bond Vigilantes May Thwart Tax Deal
The American People Are Mad As Hell and Can't Take It Anymore
M2 Rises To Fresh All Time Record, 19 Of 21 Consecutive Weekly Increases
John Williams Talks To BNN About The "Great Hyperinflationary Collapse"
*What does this have to do with freeze-dried food? Read on!
Have you caught gold fever?
Household wealth grows $1.2 trillion
"Today's report shows that households have continued to rebuild their balance sheets throughout Q3, although the boost to net worth was completely due to a strong recovery in the equities market."
Who Loses Under Obama's GOP Tax Compromise? The Working Poor

And finally... Cardboard Police In Miniskirts Slow Traffic In Czech Republic

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