Sunday, July 03, 2011


News Links, July 3-4, 2011

## Global economic meltdown ##
Greece to Get Vital Loan; Second Bailout In the Works
Greek-Style Austerity Would Be Hell for Germans
Euro zone warns Greeks on sovereignty and privatization
"Euro zone finance ministers have approved a 12 billion euro ($17.4 billion) installment of Greece's bailout, but signaled that the nation must expect significant losses of sovereignty and jobs."
Toyota India to expand annual production capacity
India's power situation is far more critical than that of Japan. -- RF
Bank of Moscow rescued with $14bn state bail-out
One in four UAE residents owe banks more than $68,000
Most UAE residents in debt face 'threatening' calls from police

## Fault lines/flashpoints/military ##
Iran Funnels New Weapons to Iraq and Afghanistan
"Iran's elite military unit, the Islamic Revolutionary Guard Corps, has transferred lethal new munitions to its allies in Iraq and Afghanistan in recent months, according to senior U.S. officials, in a bid to accelerate the U.S. withdrawals from these countries."
Anti-China demo in Vietnam despite clampdown
Phl not backing down on protest amid P-Noy's planned China visit
"MANILA, Philippines - Foreign Affairs Secretary Albert del Rosario today assured that President Benigno Aquino III's planned visit to China does not mean the Philippines is backing down from its protest against Chinese incursions in the West Philippine Sea."
South Korea to submit claim on East China Sea shelf to U.N.
"South Korea will submit a claim to an extended portion of seabed beyond its exclusive economic zone (EEZ) in the East China Sea to a United Nations body this year, media reported Sunday, a move that could rekindle territorial disputes with China and Japan."
Russia plans Arctic army brigades
"Russia's defence minister has said he plans to create two specialist army brigades to be based in the Arctic."
Dominique Strauss-Kahn's return could be a threat to Nicolas Sarkozy
Biofuels land grab in Kenya's Tana Delta fuels talk of war
"Villagers vow to resist as wildlife vanishes and they are driven from their land to make way for water-thirsty crops."
15 reported dead in Mexican firefight between military and Zetas
Puerto Rico's police chief resigns as crime soars
"Puerto Rico's top police official resigned Saturday as the U.S. Caribbean territory battles a crime wave with killings on pace to set a record this year."
Russia says resumes power exports to Belarus
Yemen militants blow up empty oil pipeline: officials
"Armed Yemeni tribesmen blew up an empty oil pipeline in Yemen's oil-producing Maarib province last week, officials said on Saturday, in a blow to the impoverished Arab nation's bid to get the key industry back up and running."
In Yemen, violence fuels economic collapse
"Over months of political turmoil, attacks on electricity plants and oil pipelines have left Yemen's economy on the edge of collapse, with the most damaging strike carried out in retaliation for a U.S. counterterrorism raid."
Besieged South Yemen brigade appeals for help
"An army brigade in south Yemen, trapped on its base since Islamist militants seized a nearby town, appealed for help on Sunday and said it needed troop reinforcements, weapons and water."
Three people killed at gas stations as fuel shortage grips Yemen
Piracy and global economy
Mongolia facing severe gasoline shortages from Russia
Libya: Turkey recognises Transitional National Council
Iraq military cracks down on militias, arms smuggling
"'Of particular concern, at least to me, is the Sadrist movement. The AAH (Asaib al-Haq) and the Kata'ib Hizballah are basically nothing more than thuggish clones of their IRGC Qods force masters,' [US ambassador to Iraq] told reporters in a briefing on Saturday."
Pirates, a threat to the global supply chain
First Japanese overseas military base since WWII to open in Djibouti
Germany set to sell 200 tanks to Saudi Arabia
U.S. Shifts Supply Routes to Central Asia: Report
The end of naval nuclear ambitions
Fil-Ams slate protests vs China
"Filipino-Americans are set to picket the consular offices of China in five US cities at noon on July 8 to protest that country's construction of an oil rig in the Spratlys scheduled this month."

## Global unrest ##
Why Civil Unrest Is Sweeping the Globe (Taipan Daily)
"Civil unrest -- or to use an even harsher term, rage -- is sweeping the globe. We are seeing it on multiple continents now, and it is only a matter of time before it hits the United States."
OECD warns of future unrest in the global economy
"Pandemics, cyber attacks, financial crises, civil unrest and geomagnetic storms - these are the five "global shocks" that could destabilise the global economy, according to a new report by the Organisation for Economic Co-operation and Development (OECD)."
Army ready to quell unrest after Hugo Chavez reveals cancer
China Clamps Down on Protests in Restive Worker Region
Fresh protests break out in Egypt
Belarusians organize flash mob protests
Bahrain riot police fire tear gas at protesters
Latest development in Arab world's unrest
Angry crowd stones Egyptian police station
Saleh clings to power while unrest rises in south
Hundreds injured in Italy rail protests

## Energy/resources ##
Analysis: U.S. shale gas sector girds for next battle: pipeline
India's rural poor give up on power grid, go solar
This is fine, but there's going to be a lot of disappointment when people realize that renewables alone won't bring them the industrial lifestyle. -- RF
Power shortage making loss of Rs300 billion annually (Pakistan)
When Water Overpowers, Wind Farms Get Steamed
US envoy says Iraq critical to global energy needs
"The US ambassador in Baghdad said on Saturday that the State Department has asked for a $6.2 billion budget for Iraq in 2012, underscoring that its oil and gas reserves were critical for the world's future energy needs."
Iran 'could halt' India oil supplies over delayed payments
Oil to Stay at $90 to $100 a Barrel This Year, Al-Seyassah Says
India's fuel hike lifts refiners, inflation views
Fuel shortages hit the skies
"Zimbabwe's long-running fuel shortage has worsened with the country's main airport low on aviation fuel."

## Infrastructure scavenging ##
Copper theft is crippling parastatals (South Africa)
"Telkom, Eskom and Transnet are the targets of an organised network of copper thieves who steal around R16-million worth of the metal a month, which seriously affects the larger economy."

## Got food? ##
In drought-hit Kansas, desperation is the only thing growing
Urban Fish Farming: Wave Of The Future?
Hardly. The energy requirement will be its undoing. -- RF
Cost of fuel increasing prices of food in Texas, report says

## Environment/health ##
Longer lifespans could be a blow for Asia
Phoenix sets record heat for day at 118 degrees
Hospitals turn to telemedicine for remote care of patients due to shortage of specialists
Declare your lawn independence
"A gardener makes the case for turning 25 percent of the lawn into a more natural habitat. Independence Day weekend is a good time to think about why this is a good idea."

## Intelligence/security/internet/systemic breakdown ##
Vodacom reveals cause of network outage (South Africa)
Anonymous temporarily brings down Arizona police websites
Are You Ready For An FBI Server Takedown?
Belarus blocks social media sites on holiday
Computer-Hacking Group Targets Apple In Latest Attack
"SAN FRANCISCO -(Dow Jones)- A group of computer hackers on Sunday posted a document it claimed contains usernames and passwords for an Apple Inc. (AAPL) server, the latest in a string of brazen attacks that have compromised government and corporate websites around the world."

## Japan ##
Japan Rebuilding Is Facing Delays
"The head of Prime Minister Naoto Kan's reconstruction council said it is unlikely that any of the large-scale rebuilding efforts recommended by the panel will be implemented until the end of the year at the earliest, underscoring how the political impasse in Tokyo is stalling the rebuilding of Japan's devastated northeast region."
Japan officials draw up Tepco breakup plan: report
"A group of Japanese government heavyweights have written a secret proposal to break up Tokyo Electric Power Co and nationalise its nuclear operations, a newspaper said on Sunday."
More Japanese Put Off Or Shun Marriage
"TOKYO (Nikkei)--A growing number of Japanese choose to marry later in life or not at all, contributing to the nation's low birthrate. Preliminary 2010 census results released Wednesday by the Internal Affairs Ministry show that 46.5% of men aged 30-34 are single. In 1950, a mere 8% were unmarried, but the rate has shot up since topping 20% in 1980."
Nissan plant opens on weekends to deal with power crunch
Companies impose energy limits amid power crunch
Local govts striving to save power
Mayor To Approve Resumption Of Genkai Reactors
Power pinch may hit five utilities in winter
"The industry ministry has estimated that five utilities will be unable to meet between 4 and 20 percent of peak electricity demand from December to February if their nuclear reactors, currently shut down for regular inspections, do not resume operations, ministry sources said Saturday."
Burglars nabbed for stealing from empty homes in Fukushima evacuation zone
Such looting is probably the tip of the iceberg. -- RF
Shelters prepare for heat wave
Big electricity users reach reduction goal on 1st day
Moody's Japan downgrades 8 electric utilities
"Credit-rating firm Moody's Japan KK lowered its appraisals of eight electric power companies, citing risks from surging fuel costs at their non-nuclear power plants."
10 Japanese fishing boats to operate near disputed Senkaku Islands

## China ##
Huge heatwave has southern China sweltering
Urbanites take to farming to ensure food safety
China's Services Slowdown Adds to Concern Growth Is Slumping

## UK ##
Police brief villagers on how to spot terrorists armed with rocket launchers
"They are more used to attending talks on spotting rare birds or butterflies. But the villagers of Surrey are now being given briefings on identifying altogether more sinister visitors: terrorists armed with rocket launchers."
Welfare cuts 'could leave 40,000 families homeless', Eric Pickles' office warns
Retired civil servants outnumber those working
"Retired civil servants drawing gold-plated taxpayer funded pensions now outnumber those employed in the civil service for the first time."

## US ##
Report: Factories slowing in Midwest
"Factory activity slowed in Minnesota and eight other Midwest and Plains states in June as higher energy prices and supply disruptions dogged manufacturers."
A rather negative article, which seems to indicate the general slowdown in manufacturing. -- RF
Cleveland Heights: Tough new curfew goes into effect
"The curfew was enacted after months of problems with so-called "flash mobs" forming. The latest incident was the night of June 26 when an estimated 1,500 teens swarmed through the Coventry Street Fair. Police made 16 arrests."
Small business employees working harder for less
US ignores Philippines vets cemetery
A sad reminder of the crumbling empire. -- RF
Independence Day blues? Americans sense a decline and look inward.
"A poll on the eve of Independence Day confirms: More Americans see the nation as less powerful and more vulnerable. They want leaders to focus less on the world and more on challenges at home."
Government paychecks, pensions now a dead weight to Sacramento economy
The economic recovery turns 2: Feel better yet?
Banks Commence Wholesale, Unsolicited Mortgage-Debt Forgiveness
Pentagon budget 'loaded with fat'

<< Home

This page is powered by Blogger. Isn't yours?