Monday, January 03, 2011


News Links, January 4, 2011

-- Global economic meltdown --
China Will Continue to Buy Spanish Debt: Vice Premier
China's war on inflation a threat to global recovery
Albert Edwards, SocGen bear, takes a bite out of China; predicts hard landing
Europe's Young Grow Agitated Over Future Prospects
Yen Nearing Record High Again On Weaker U.S. Economic Outlook

-- Fault lines/flashpoints/military --
US Air Force doubles manpower for Afghan attacks
US Air Force seeks lethal mini-drones
Ivory Coast president Laurent Gbagbo facing crisis as cash noose tightened
Greece to build 128-mile anti-migrant wall
Japan seeks to form military pact with S Korea for int'l operations

-- Energy/resources --
Beijing's Motives Behind Rare-Earth Metals
"The restrictions will add weight to a growing suspicion amongst its trading partners that Beijing is increasingly taking a zero-sum rather than 'win-win' approach to open markets and free trade."
As copper price booms, 'bust' is a scary thought
GoM: Drilling Is Stalled Even After Ban Is Lifted
GoM: Path Clears for Deep-Water Drilling
Must read: The Decline of Available Energy to Society
Another good post by Gregor Macdonald noting how net energy is falling. The implications for industrial civilization are obvious. -- RF
Oil's Most Accurate See Second-Highest Price in 2011
Iraq may hold key to halting crude oil rally
There are big expectations for Iraq, but a significant output increase would not happen soon because much time and investment will be needed to build the necessary infrastructure. -- RF
Hitachi, General Electric may struggle on nuclear plant goal

-- Got food? --
India price hikes loom inflation
"Basic vegetables are of main concern as consumers complain about being unable to afford certain dietary staples."

-- Intelligence/security/internet --
Saudi Arabia clamps down on blogs, news sites

Home Prices Will Decline for Years: Zuckerman
Military Recruiting: Are We Passing The Test?
Dramatic spike in gas prices forecasted
Sheer desperation. -- RF

Ew. -- RF

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