Sunday, August 28, 2011


News Links, August 29, 2011

## Global economic meltdown ##
Gloom Settles on Central Bankers (WSJ)
Analysis: Economic leaders fear policy paralysis
"The signals that are coming out of the short-term discussions is, 'We can't even agree on about the time of the day, even if there's a big clock telling us what the time of the day is.'"
Encumbered by debt and systemic failure, governments and organizations at all levels are quickly becoming dysfunctional. Whatever they do seems to be ineffectual, or even makes things worse. -- RF
Euro bail-out in doubt as "hysteria" sweeps Germany
"German Chancellor Angela Merkel no longer has enough coalition votes in the Bundestag to secure backing for Europe's revamped rescue machinery, threatening a consitutional crisis in Germany and a fresh eruption of the euro debt saga."
German Coalition Partner CSU To Propose Bankruptcy Procedure To Kick Out Chronic Eurozone Debtor Nations
Trichet Gives Master Class in Saying Nothing
EU Working on 'Radical' Plan for Banks: Report
Greece 1-Yr Rate 60%; Finland Retains Collateral Demand
Its official: Gold voted the best long-term investment
The debt bomb, net energy and ancient Greeks
High Debt Levels Poised to Stunt Growth

## Fault lines/flashpoints/military ##
Army fights defectors near Damascus: residents
Iran Warns Of Crisis In The Region If Syria Falls
Iran warns NATO against entering Syria "quagmire"
"Iran warned NATO on Sunday against any temptation to intervene in Syria, saying that rather than the defeating a regime it would be bogged down in a "quagmire" similar to Iraq or Afghanistan."
Syria 'on radar' as WMD source
"U.S. and Israeli officials say there is fear a government breakup in Syria could lead to rogue groups armed with a variety of chemical weapons."
Iraq: 33 killed in fiery day across Iraq
Israel "could not stop" nuclear Iran with one strike
African Union refuses to recognise Libyan rebels as "legitimate authority"
Militants assail NATO base in Afghanistan
Afghan Suicide Attacks on the Rise, Along With Civilian Casualties
Israel, Lebanon and the Fight for Fossil Fuels

## Global unrest/mob rule/angry people ##
Pakistan's largest city swept by gang-fed violence
Ethnic killings spark doom in Pakistan's biggest city
"Apocalypse is coming to Karachi."
Karachi gang war prompts intervention by Pakistan Rangers
Israeli activists squat empty Jerusalem buildings to protest over costly housing
"Social justice campaigners unveil 'People's House' in abandoned state-owned building and call for 'national squatting movement'"
Social protest demonstrators march for sixth consecutive week (Israel)
Western spy tools aid in crackdown on Arab dissent
Syria moves to halt spread of unrest into central Damascus
Commuter Beware: Another Protest Scheduled for Monday in SF
Hundreds protest over Mexico casino arson attack

## Energy/resources ##
India urges price-control system in oil market
NATO nations set to reap spoils of Libya war
Diesel fuel crisis deepens (Egypt)

## Got food? ##
Urea shortage to imperil food security (Pakistan)
"The quagmire of the energy crisis continues to slowly damage the economy as decline in gas supplies is estimated to result in a record urea shortage of 1.2 million tonnes for the upcoming Rabi season, badly affecting the wheat cultivation."

## Environment/health ##
Cancer drug shortages getting worse, FDA says

## Intelligence/security/internet/systemic breakdown ##
Al-Qaida dealt 'major blow' as deputy leader killed in Pakistan
Please. -- RF
Irene takes out some East Coast cellphone service
"About 400 cell towers were offline in North Carolina and Virgina, with power outages the chief reason. Another 200 towers were running on backup power by Saturday night and could go silent as their backup batteries or generators run dry."

## Japan ##
Areas around Fukushima may remain off-limits for decades
Japan to Spend $2.9 Billion to Clean Up Tepco Radiation Spills, Kyodo Says
Anger mounts in tsunami-hit areas over political power games
Cesium in incinerator dust across East Japan
"High levels of cesium isotopes are cropping up in dust at 42 incineration plants in seven prefectures, including Chiba and Iwate, an Environment Ministry survey of the Kanto and Tohoku regions shows."
Japan Econ Minister: Fiscal Reconstruction May Take 30 Years

## China ##
Chinese Banks Report Outsized Profits
China's Industrial Profits Rise 28.3%
China to allow foreign direct investment in RMB
Beijing's policy and traffic logjam
"China's growth model increasingly appears to have hit a ceiling, with few easy answers this time round."

## UK ##
One in five households sell a car to save money
Unilever CEO says riots are 'wake-up call'

## US ##
San Francisco Is Building A Net Around The Golden Gate Bridge To Stop People From Killing Themselves
Some flights resume in East, rail service halted
East Coast flood risk grows, death toll rises as Irene exits NYC
There Is Some Pretty Serious Flooding In Red Hook, Brooklyn
Irene leaves up to half of Rhode Island without power
Irene knocks out power to millions on East Coast
Irene could leave many without power for weeks
U.S. Nuclear Reactors Weather Hurricane Irene Safely Without Losing Power
After Irene: Little Damage Seen in Many Places
"From North Carolina to Pennsylvania, Hurricane Irene appeared to have fallen short of the doomsday predictions. But with rivers still rising, and roads impassable because of high water and fallen trees, it could be days before the full extent of the damage is known."
North Carolina Damage 'More Extensive' Than Thought, Perdue Says
Hurricane Irene: Damage estimates roll in
Irene's Damage: Deaths, Flooding, Power Losses State-by-State
Airlines Cancel More Than 6,000 Flights
Shoppers Find Empty Shelves as Hurricane Irene Tracks Up East Coast
Ron Paul: FEMA stands in way of recovery
"Republican presidential hopeful Rep. Ron Paul of Texas said the federal agency founded to deal with the aftermath of disasters is a disaster itself."

<< Home

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