Sunday, February 06, 2011


News Links, February 7, 2011

-- Global economic meltdown --
India RBI Says Egypt Crisis Adds Uncertainty About Oil, May Impact Policy
Prepare your portfolio for World War III, says Marc Faber
Spanish housing minister appeals to British buyers to return
Ireland gets 3.6 billion euros from rescue fund: source
Speculative Bullish Rice Bets Surge To Year Highs As Dollar Sentiment Plumbs New Lows
Inflation, an Old Scourge, Plagues Argentina Again
Egyptian Pound Plummets As Egyptians Get Their First Taste Of A Bank Run
Russia Follows China in Using Reserve Ratios to Curtail Inflation Threat
Bank Indonesia May Keep Increasing Interest Rates to Curb Price Pressures
South Africa Inflation May Hit Top End of Central Bank Target, Marcus Says
ECB May Raise Rates If Inflation Not Declining by Year End, Gonzalez Says
Japanese bank sells $100m in Dubai World debt
Europe should cut some Greek debt: El-Erian

-- Egypt --
Senior US Marine Says "Multiple Platoons" Are Headed To Egypt
ElBaradei: Egypt protests could get "more vicious"
"Mohamed ElBaradei said on Saturday it would be a 'major setback' if Washington backed Egypt's President Hosni Mubarak or his deputy to lead a new government and warned that protests could grow 'more vicious.'"
Egypt protests: Hosni Mubarak's power fades as US backs his deputy
Egypt's Brotherhood to enter crisis talks
Egypt reform promises doubted
Government aims to get Egyptians back to work
Egypt's Worried Rich Ask About Moving Assets to Switzerland, Banker Says
Egypt regime offers concessions to opposition
In Alexandria, Mubarak Supporters Hold The City

-- Fault lines/flashpoints/military --
American Warships Heading to Egypt
Domino Theory and Saudi Arabia Syndrome
Fresh violence erupts in Tunisia
Tunisian Police Chief Fires on Crowd attacking police station, Kills 2
China Eyes U.S. Defense Contracts
Thousands protest economic hardships and corruption in Belgrade
Iraqis demonstrate over lack of basic services
Iraq swirls with rumors of Egypt-like protests to come
Bangladeshis protest over another big market fall
Saudi women protest, violating tradition
Sudan troops mutiny in southern oil state; 50 killed
China's economic invasion of Africa
Japan PM calls for rebuilding Japan-China ties at panel of experts meeting
Because Japan can see which side its bread will be buttered on. -- RF
Chinese Succeed With SLBM Launch: The Week Ahead
Pirate attacks a '365-day, 12-month' threat in Gulf
"The hijacking of ships by pirates has risen to such an extent that there is now no safe passage out of the Arabian Gulf, an analyst has said."
OK, what have I been saying all along about piracy? It will continue to grow as the global security apparatus unravels, and governments are increasingly forced to pit their military and security resources against each other. -- RF

-- Energy/resources --
India, Iran resolve oil payment dispute; payment to be made in euros
Egypt unrest may push oil above $110: Kuwait official
Electricity issues could surface in key copper-producing nation of Chile
Sydney 'came close to heatwave power blackout'
"A leaked email has revealed how close the Sydney CBD came to total power failure last week, as temperatures reached record highs."
Global coking and thermal coal prices moving upwards - RBC Capital
Scotland's fishing industry crippled by fuel costs

-- Got food? --
Higher food prices here to stay: analysts
Hunger and food security: Is Africa selling the farm?
Food Prices Worldwide Hit Record Levels, Fueled by Uncertainty, U.N. Says (NYT)
Sugar Supply Shortage Looming as Cyclone Yasi Devastates Australian Crops
Einstein was right - honey bee collapse threatens global food security (Ambrose Evans-Pritchard)
Kenya Drought Cuts Coffee, Tea Output; Growth May Slow

-- Environment/health --
35 Zoo Animals Freeze To Death In Northern Mexico
Wildfire claims homes in Western Australia
American Waistlines Expand at Fastest Pace Among Rich Nations, Study Finds
There's going to be a lot of involuntary dieting. -- RF
Torrential rain in Sri Lanka kills 11, threatens rice crop
Asia faces climate-induced migration 'crisis': report

-- Intelligence/security/internet/systemic breakdown --
As US mulls rail expansion, New York's breakdowns and money woes show train travel's downside
Systemic breakdown, coming right up! -- RF
In Pepco territory, blackouts mean more home generators, more noise complaints (US)
Systemic failure is here and now. -- RF

-- China --
China has 130,000 registered cyber cafes by 2010
China property taxes a stab at dousing inflation

-- UK --
GM crops to be allowed into Britain under controversial EU plans
Universities ready to charge £9,000 fee, students warned

-- US --
Why Our National Superbowl TV Party Has Become the Last Supper for the US Empire
"Never before have so many loose strands of an unraveling empire come together in a single event accessible to those who mourn or cheer America."
Autopsy Cutbacks Reveal 'Gray Homicides'
Government Revisions To "Reality"
Al Jazeera Takes Out Full Page Ad In Sunday's NYT
Coming Soon: A 300-Percent Increase in Foreclosures
U.S. Gasoline Rises to $3.13 a Gallon, Lundberg Says
Surging oil import bill widens America's December trade gap
'Scores' of cuts in Obama budget
Obama to cut services to poor urban Americans, budget director notes

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