Sunday, December 12, 2010


News Links, December 13, 2010

-- Global economic meltdown --
High-Yield Debt Sales Shatter Record
A Secretive Banking Elite Rules Trading in Derivatives
Dubai banking center cuts rents to boost business
China's Army of Graduates Struggles for Good Jobs
China Default Swaps Climb Most Among BRICs on Inflation
"The cost to insure against default on Chinese government debt in the past month advanced 13.5 basis points, more than in any of the so-called BRIC markets."
Charting The US Fiscal Catastrophe
Germany's Schaeuble Says EU Summit to Agree on Permanent Crisis Mechanism

-- Fault lines/flashpoints/military --
Sweden calls Stockholm blasts "terrorist attack"
Peasant uprising made its mark
*This is the wave of the future. The hoi polloi are getting restless, and they're going to demand much more than cake.
Bangladesh police break up workers protests: three dead
Afghan police crisis threatens British withdrawal as thousands quit force
South Korea to stage firing drills off coasts
Oil, Money & War (Jim Puplava)
Japan gov't plans to cut quota for GSDF to 154,000
Propping Up a Drug Lord, Then Arresting Him

-- Energy/resources --
Venezuela Now China's Third Largest Oil Supplier, Ramirez Says
OPEC Dismisses $90 Oil Price as `Blip,' Maintains Production Targets Again
The Myth of Peak Oil Demand and the Example of Loma Prieta (Gregor Macdonald)
The New Gold Rush? Lithium
Asia to drive natural gas demand in next 20 years
New Backing for Gas Line Through Asia

-- Got food? -- Alert: Food Storage Shortage Risk Emerging (Chris Martenson)
Sugar Demand to Outstrip Supply

-- Environment/health --
78,000 tonnes of garbage collected from Three Gorges Dam after water level raised

-- Intelligence/security/internet --
Amazon downed over Europe

-- UK --
Police could use water cannon to disperse rioters, Theresa May says
Royals May Need More Secure Transport After Camilla Was Struck, May Says
U.K. Home Sellers May Cut Prices as Much as 5% in 2011 After December Drop

-- US --
John Williams of ShadowStats Warns Hyperinflation Will Start in the Next Couple Months
New York Times to be dropped from S&P 500 listing
110-year-old Honolulu Symphony seeks to liquidate
Justice Department Prepares for Ominous Expansion of "Anti-Terrorism" Law Targeting Activists
Espionage Act: How the Government Can Engage in Serious Aggression Against the People of the United States
You don't want to be unemployed in Vermont
Utah oil sands project draws fire
Payroll tax cut worries Social Security advocates
A Quaint Town in Georgia Struggles With the Real Estate Crisis
Welcome to Zombieland: Ladera Ranch, California
Lean Times: Food Stamp Recipients Face Cut in Benefits

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