Sunday, August 21, 2011


News Links, August 21, 2011

## Global economic meltdown ##
The Great Collapse Has Officially Begun
Private Consumption in Portugal Plunges 3.4%, Biggest Drop in 30 Years; Expect Rest of Europe to Follow
Indian Gold Imports May Reach Record 1,000 Tons as Investment Demand Rises
Cash strapped Aussie families return to Waltons-era lifestyle
German vice chancellor: no to eurobonds

## Fault lines/flashpoints/military ##
Egypt recalls ambassador to Israel
Egyptian protesters reject Israel's "regrets" over deadly border clash
Analysis: Diplomatic woes pile up for isolated Israel
Libyan rebels: Eastern oil terminal Brega taken
Libyan rebels close in amid reports of fierce fighting in Tripoli
"Zero Hour" for Gaddafi as Besieged Tripoli Rises Up
Why Civilian Control of the US Military Is Deeply Threatened
Syria raises tension with Turkey in new border move
Somali pirates hijack Indian ship with 21 crew off Oman

## Global unrest/mob rule/angry people ##
Cairo: Israeli flags torched before embassy
"Hundreds of protesters gathered before the Israeli embassy in Cairo Friday following prayer services, torched Israeli flags and called on Hamas to attack the Jewish state."
Pressure mounts on Indian activist to tone down demands
Vietnamese police crush anti-China protest
D.C. mayor wants end to flash mob thefts
Israel's social protests are anything but dead

## Energy/resources ##
Korea Electric Posts Wider-Than-Expected Quarterly Loss After Costs Gain
"Korea Electric Power Corp. (015760), the country's biggest electricity producer, posted a quarterly loss that exceeded analysts' estimates after tariff curbs prevented the utility from passing on higher fuel costs to customers."

## Got food? ##
Farm Aid Shrinks as U.S. Debt Deal Means No Bailout

## Environment/health ##
U.S. Scrambling to Ease Shortage of Vital Medicine
Species Shifting Habitats Faster to North Seeking Cooler Places
China: Radioactive contamination spreads far beyond Japan's claims in Pacific waters
'Extreme of extremes' weather nationwide
Canadian fish to be tested for radiation

## Intelligence/security/internet/systemic breakdown ##
California Police Use Of Digital Surveillance Tracking 'Shrouded In Secrecy,' ACLU Says

## Japan ##
Japan Mulls Another Intervention Against the Yen: Report

## China ##
Chinese banks to face capital stress: Former official

## UK ##
Families 'will be priced out of social housing by plans for higher rents'
Elderly Brit to lose cheap bus travel
"In an effort to cut costs, the British government will be disbanding its coach bus concessions for the elderly and disabled, officials say."

## US ##
BART Website Still Down After 'Anonymous' Hack
More downward revisions to economic forecasts
Investors seeing gold in farmland, infrastructure
Pawnshops see weird on the rise
"With people being so desperate, they bring in anything hoping to get something."
Demand for Most Durable Goods Probably Fell on Concern U.S. Economy Waning

And finally... Biden tells China US good for debt

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