Sunday, October 16, 2011


News Links, October 17, 2011

## Global economic meltdown ##
Greek debt write-down must be larger: German finance minister
Greek banks may need short-term nationalization: Blackrock
In One Day, Trichet Proves He is a Liar; IMF Proves it is Clueless (Mish)
Thai floods curb production of cars, electronics
Skills shortage the world over

## Fault lines/flashpoints/military ##
Boat people to fill labour shortages in towns (Australia)
"ASYLUM seekers released from detention on bridging visas could be sent to regional towns with labour shortages, in a bid by the Gillard government to find a silver lining to its onshore processing backdown."
Mexico opposition may work with criminals: Calderon
When you can't beat them, join them! -- RF
China paper warns India off Vietnam oil deal
"India is playing with fire by agreeing to explore for oil with Vietnam in the disputed South China Sea, a major Chinese newspaper said on Sunday, advising the Indian company to reconsider and pull out."
Talks needed before Taiwan deploys missiles on Nansha: Philippines

## Global unrest/mob rule/angry people ##
80-plus arrested in NYC during protests against corporate greed, 45 of them in Times Square
Protesters 'to continue stock exchange demo' (London)
Scenes From 'Occupy Wall Street' Around The World
Occupy Wall Street: Protesters Arrested In Multiple U.S. Cities
Rupert Murdoch Heckled: Occupy Protesters Interrupt News Corp. CEO (VIDEO)
Eighth Tibetan burns himself in protest in China
"A young Tibetan man has set himself on fire in southwestern China, an exiled Tibetan activist said on Sunday, the eighth self-immolation this year in a region that has become the center of defiance of Beijing's religious controls."
Thousands of Yemenis Rally in Capital Sana'a After Clashes Leave 16 Dead

## Energy/resources ##
Cars That Run on Very Alternative Fuels
But you'll never see very many of them. Personally I'm betting on oxcarts. -- RF
Power shortage likely to worsen in nine northern states (India)
Coal output likely to be far below target (India)
"Most of the output of high-grade coal came from mechanised mines, which suffered most from power shortage."
Here we can see negative feedback at work: Coal is needed to generate electricity, which is in turn needed to mine coal. Now that energy decline has begun, negative feedback mechanisms like this will steadily intensify and accelerate collapse. -- RF
Malaysia eyes moves to reduce power disruption risk
"Malaysia's government has set up a task force of oil companies and power producers to decide on a mix of alternative fuels and operational measures to reduce electricity disruption risks stemming from a gas supply shortage, a minister said on Friday."
Load shedding returns (Pakistan)
"Electricity load shedding resumed once again in the country on Saturday after a break of just 11 days. Though the duration in the urban areas is two to three hours and in rural area three to five hours, power outages are likely to increase in the coming days as the power shortfall, which is currently roaming between 1,500MW and 1,700MW, is increasing, insiders in the Ministry of Water and Power told Pakistan Today."
Mexico's newest export to US: Water

## Got food? ##
Study: FDA allowed oil-tainted seafood onto market
"A peer-reviewed study released this week has concluded that the government's safety testing methodologies for Gulf of Mexico seafood were insufficient to prevent oil-tainted animals from being sold in U.S. supermarkets."
Gas loadshedding: three urea fertiliser plants to remain closed indefinitely (Pakistan)

## Environment/health ##
Central America Floods 2011: 66 Killed, Evacuations Underway
115-year-old electric car gets same 40 miles to the charge as Chevy Volt

## Intelligence/security/internet/systemic breakdown ##
New hack attack hits Japan defense firm
NEC to deploy mobile broadband routers for disaster management in Hungary

## Japan ##
Radioactive plankton found near Fukushima plant
"Researchers say high concentrations of radioactive caesium have been detected in plankton in the Pacific Ocean off the shattered Fukushima nuclear plant."
Radiation Hotspots Discovered in Tokyo By Citizens' Group
Radioactive strontium found in Yokohama gutter
NISA secretly calculated Fukushima meltdown risks / Agency considered worst-case scenario of 'China syndrome'
TEPCO wraps damaged reactor in protective cover
Noda Says Japan's Security Outlook Is 'Murky'
"Japanese Prime Minister Yoshihiko Noda said on Sunday that China's military expansion and repeated military maneuvers by North Korea pose a growing challenge to Japan's national security, adding further weight to his reputation as a hawk on defense issues."
Japan's aging Air Self-Defense Force plans major overhaul

## China ##
Property Developers Hurting in China; New Homes Sales Down 50% in Shanghai; Preposterous Prices Won't Last; Commodities to be Hit in Building Slump
Jittery China government tightens media controls
China's Cash Position Swells To Record High
China Potash Output May Rise to 6 Million Tons in 2011: Industry Chairman
"Last Train Home" - The Video Documentary Of The Human Cost Behind China's Stunning Growth Story

## UK ##
Thousands of streets left in darkness to save money
"The blackouts are being rolled across thousands of streets in rural areas, suburbs and city centres in almost every county in the UK."
Planning reforms will threaten Britain's ability to grow food
Temperatures set to drop across UK
"Cold winds, frost and even some snow are to hit Britain this week, signalling the end of the October heatwave."
Police told to move along as anti-bank protesters camp out at St Paul's

## US ##
Amazing Charts Show How 90% Of The Country Has Gotten Shafted Over The Past 30 Years...
Millions of homes lurk on bank inventories, casting doubts of rebound
Authorities perplexed by drug shortage spike
Pawn shops prospering in Sacramento, nationally
Occupy Wall Street shows muscle, raises $300K
Deadbeat Illinois owes billions
State Revenue Under Plan Means Cuts From New York to California
Photos of crumbling US infrastructure

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