Saturday, February 12, 2011


News Links, February 13, 2011

-- Global economic meltdown --
Vietnam's Record Devaluation Adds Urgency for Action on Prices, IMF Says
Asian Currencies Fall as Global Funds Reduce Holdings on Growth Concerns
Chinese demand for gold surges to about 25% global production
Irish State's liquidity exposure to banks still at record high
Russian Debt May Reach 585% of GDP on Demographic Woes

-- Egypt --
Military falls out with protesters over Egypt's path to democracy
Egypt army commits to power transfer, Israel peace
Egypt State TV Switches Sides As Mubarak Falls
Egypt: Hosni Mubarak used last 18 days in power to secure his fortune
The Reason For Mubarak's Power Handoff Delay: Plundering The Gold

-- Algeria --
Algeria shuts down internet and Facebook as protest mounts
Algeria police try to stifle Egypt-inspired protest
Algerian protesters clash with police as Egypt fervour spreads
Algeria: Trains suspended as protests launched
"The Algerian government appears to be showing a sign of strength on Saturday, where activists and observers of the North African country have already reported that some of the country's Internet services are down, Facebook and Twitter have been blocked and all trains into the capital Algiers have been suspended."
Algiers Awakens to Democracy Fever

-- Fault lines/flashpoints/military --
Gunmen attack police HQ in Afghanistan's Kandahar
Bahrain doles out free money to families in bid to stave off protests
Mideast nations brace for Egypt spillover
As Mubarak resigns, Yemenis call for a revolution of their own
Iran Girds for Anti-State Protests
Armed Yemeni government supporters break up protest
Netanyahu moves to cut Israeli food, fuel prices
Now that Egypt's Mubarak is out, could Gabon's Bongo be next?
India Considers 'Pain Gun' Buy From Raytheon
"U.S. defense group Raytheon says it wants to sell India a controversial "pain gun" it claims would be safer than rubber bullets in quelling unrest in the insurgency-racked country."
Seoul To Deploy New Shipboard Cruise Missile
Insurgents bomb gas pipelines in Pakistan
Nigeria: Pirates Attack Foreign Ship in Lagos

-- Energy/resources --
US cotton hits 150-year high, $2 targeted for next week
Prolonged power cuts in several city areas (India)
Chile prepares for energy rationing
Russian coal exports to China could double - Mr Shmatko

-- Got food? --
Mexico rejects Monsanto's GMO corn
Freeze in Mexico decimates corn crop
Arab protests show hunger threat to world-economist
Mexico loses 80-100% of crops to freeze, US prices to skyrocket
Sysco declares force majeure, raises grocery prices
Corn's rally feeds a 'global food fight'

-- Intelligence/security/internet/systemic breakdown --
Technology Poses Big Test for Regimes
Supply chain doubts grow
Here's an important story about how supply chain managers in big companies are increasingly concerned about maintaining their complex supply chains. As the world becomes more chaotic, complex supply chains will be among the first casualties. -- RF

-- China --
China bids to ease drought with $1bn emergency water aid
China SAFE Denies It Faces Half A Trillion In GSE Losses
Chinese foreign minister visits Zimbabwe
New housing rules to take effect in 72 cities

-- UK --
Streetlights to be turned off to save money

-- US --
House GOP Releases Bill To Cut Spending By $60 Billion
Is California the most miserable US state to live in?
Alaska oil pipeline 'integrity' at risk, U.S. warns
Four U.S. banks failed in week
5 Ways Corporate Scavengers Are Making Big Money Off Our Economic Pain
The Repair Bills Arrive from the Housing Boom
Fed's Losses Since The Start Of QE2: $76,814,152,246.00
Walker says he will call in National Guard if state employees balk at his proposal
"Wisconsin Gov. Scott Walker made the dramatic announcement this morning that he is prepared to call in the Wisconsin National Guard to respond if there is any unrest among state employees in the wake of his announcement that he wants to revoke nearly all of their collective bargaining rights."
America's hottest export: Weapons
Southwestern Water: Going, Going, Gone?

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