Saturday, April 30, 2011


News Links, May 1, 2011

## Global economic meltdown ##
U.S. Treasury: China Has Decreased Its Holdings of U.S. Debt
Brazil to 'Play Tough' on Inflation, Rousseff Says in Speech
Warren Buffett: There's "No Question" The Dollar Will Keep Falling
Rising fuel costs drive Dubai inflation rate in Q1
ENOC sees cost of fuel subsidies at $735m in 2011
House prices slump as the bubble shows definite signs of deflating (Australia)
India's Boom Bypasses Rural Poor
Ireland slashes growth projections, revision may impact Ireland's ability to reduce deficit

## Fault lines/flashpoints/military ##
Gadhafi Offers Truce as NATO Bombs Tripoli
Nato strike 'kills Gaddafi's youngest son'
Libyan rebels: Gadhafi must go
NATO Powers Reject Gadhafi's Truce Offer
Violence flares across Iraq
Syrian Troops Take Mosque In Besieged City
Saudi Arabia tightens hold on the media
"Saudi Arabia tightened its control of the media on Friday, threatening fines and closure of publications that jeopardised its stability or offended clerics, state media reported."
Russian Navy will stay in Sevastopol forever – admiral

## Energy/resources ##
ABC Catalyst Peak Oil Report 28-04-2011 (Video)
Good overview of the current situation in 12 minutes. IEA says that crude production peaked in 2006. -- RF
New Brazil Policies May Not Prevent Rising Ethanol Prices, Analyst Says
More on the Saudi's slash of oil output (an interesting read)
Deep oil from diamonds? Maybe, says a new report
Just skip down to the last paragraph. In other words, abiotic oil — even if it exists — won't make one iota of difference. And did I mention that Saudi Arabia has peaked? -- RF
Kuwait pledges to avoid summer blackouts
It's either that or riots. -- RF
Nuclear waste: Keep out – for 100,000 years
Just imagine the cost of building such facilities! If these costs were also included in the rates for electricity generated by nuclear power, it would be astronomically expensive. And in the beginning we were told that nuclear would be "too cheap to meter!" -- RF
Peak oil highlights need for a unified policy (Australia)
Pakistan's nuclear reactors are just white elephants
"Top physicists say the plants, providing only three per cent of the country's energy, are nothing more than toys."

## Got food? ##
Sandstorms hit northwest China, damage crops
Why Canada needs a national food strategy (Canada)

## Environment/health ##
New EU regulations on herbal medicines come into force

## Intelligence/security/internet/systemic breakdown ##
Who Else Is Tracking Your Location?
Verizon to put location-tracking warning sticker on phones

## Japan ##
BOJ Shirakawa Warns Japan Economic Outlook 'Very Severe'
Economy took bigger hit than estimated
Industry minister calls on power companies to tighten belts
Japan LNG Imports to Increase as Energy Future Remains Unsure
Supply chain disruption expected to be resolved around autumn: METI
Three years eyed to remove disaster debris
Fukushima Exclusion Zone Update: 5-hr. Visits Allowed, Euthanizing Begins
Government Adviser Quits Post to Protest Japan's Policy on Radiation Exposure for Fukushima Schools
Civil servants could face 10% pay cut / Money saved to help fund quake recovery

## China ##
CEC warns 30m-kW power shortage
"The China Electricity Council (CEC) issued a report Thursday forecasting the nation may face an electricity shortage of 30 million kW in the summer, according to a report."
Higher incomes lead to surging home prices
"Rising household incomes in China are contributing to the surge in housing prices, in addition to loose credit policies and the practice of local governments' fund raising through selling land, People's Daily reported Friday, quoting scholars."
Chinese companies invest $10 billion in Indonesia

## UK ##
Almost every school to shut as heads join strike
"Head teachers are set to join an unprecedented wave of strikes that will bring almost every school in England and Wales to a standstill."

## US ##
Wisconsin-Style Union Battle Moves To Massachusetts
What costs more in 2011?
Persistent drug shortages across the U.S. lead to medical errors
"Last year, more than 240 drugs were either in short supply or completely unavailable anywhere in the United States, and shortages continue for many of the products."
Medicare's Math Problem: Taxes - Benefits = Trouble
Scope of Alabama's tornado-spawned humanitarian crisis grows
Excessive Leverage Helped Cause the Great Depression and the Current Crisis ... And Government Responds by Encouraging MORE Leverage
Americans Increased Spending in March as Gasoline, Grocery Prices Climbed
A Frightening Satellite Tour Of America's Foreclosure Wastelands
Wal-Mart to return firearms to some U.S. stores

And finally... Man Dressed as Cow Steals 26 Gallons of Milk

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