Thursday, October 06, 2011


News Links, October 7, 2011

## Global economic meltdown ##
French Minister: Open to Bigger Haircuts on Greek Debt
Banks Face New European Stress Tests
European Central Bank offers lifeline to ailing eurozone lenders
"European Central Bank chief Jean-Claude Trichet offered European banks emergency short-term loans. Speculation is rising over a plan by EU leaders to recapitalize banks."
"In The Absence Of A Credible Plan We Will Have A Global Financial Meltdown In Two To Three Weeks" - IMF Advisor
Thai flooding closes prison, factories; GDP to suffer
Australian Construction Index Falls to Lowest Since February '09

## Fault lines/flashpoints/military ##
What? Greece To Buy 400 Tanks From The US
Afghans hold anti-U.S. rally on eve of war anniversary
"Hundreds of Afghans marched through Kabul on Thursday, the eve of the 10-year anniversary of the U.S. military campaign in Afghanistan, to condemn the United States as occupiers and demand the immediate withdrawal of all foreign troops."
Pirate attack reported in Tanzania
NATO warns of increase in pirate attacks
Hanoi expects 'frank' South China Sea talks
Spain To Host U.S. Ships for NATO Missile Defense
US Air Force Weapon Developers See Fiscal Calamity on the Horizon
Central America murder rate near crisis point: U.N.
U.S. Troops Increase Aid To Mexico In Drug War
Syria: Assad family 'selling off overseas property empire'
"A multimillion pound property empire that includes flats and houses in London is being sold off and turned into hard cash by members of Syria's Assad family, it has been reported."

## Global unrest/mob rule/angry people ##
Unrest spreads to military as retired Greek officers storm defence ministry
Occupy Wall Street Turns Violent, With Apparent Police Abuse (VIDEO)
Occupy Seattle protesters clash with police
Kuwait Protesters in Porsches Say Gulf Can't Spend Way Out of Arab Spring
U.S. Advises Caution for Americans in Eastern Saudi Arabia
"Saudi Arabia vowed to use 'an iron fist' after the government said 11 members of the security forces were attacked and injured during unrest in Awwamiya on Oct. 3."
Cairo airport protest leaves thousands stranded
Arab-Israeli towns go on strike over plans to confiscate their land
Chilean students protest after 'failed talks'
"Thousands march through the streets of Santiago after their demands for education reform go unmet."
Spanish students decry education cuts
"High school students in Madrid take to the streets to rally against regional cuts to the education budget."
Occupy Portland plans Thursday march without permit; police warn of delays

## Energy/resources ##
Iraq battles to expand its oil exports
Analysis: Europe Power Prices May Spike In Winter
Large scale power outage affects several Mass. towns
Oil Industry Slump May Herald Takeover Wave
Citizens, industrialists sweat it out due to long power cuts (India)
"Citizens and industry owners have been left exasperated ever since the state electricity department has announced three-week long power cuts in the state due to shortage in power supply as a result of a national power crisis."
Fuel shortage looms (Australia)
"DARWIN is facing a diesel shortage after a fire in Singapore delayed shipment of the fuel to the Top End."
Venezuela stations are hit by shortages of gasoline, diesel
"For the past week, Venezuela has experienced shortages of fuel supplies such as gasoline and diesel, sources and local news reports indicated Wednesday.
"In Caracas, for example, lines of automobiles have formed at service stations since last Thursday as motorists stock stock up on gasoline. And other stations have been partially or completely closed while waiting for additional supplies for their pumps."
Shell outage drives up Asia transport, heating costs
OPEC must cut back as Libyan oil returns: Iran

## Got food? ##
Special Report: Crisis grips North Korean rice bowl
Outdoor Root Cellars
Water, food shortages loom in South Pacific
World food prices fall for 3rd straight month in September
Floods in Asia Will Lift Global Food Prices

## Environment/health ##
Illegal Drug Sales Boost Superbugs in China
Upcoming Solar Storms Could Knock Out Power Grids, Satellites

## Intelligence/security/internet/systemic breakdown ##
Prepare now for winter power outages
Secret panel can put Americans on 'kill list'
Democracy in action. -- RF
Tampa considering lots of cameras and some drones for Republican National Convention
California appeals court approves cellphone searches during traffic stops
Satellite outage disrupts communications in Canada's North

## Japan ##
Cesium surges in ash halt Kashiwa incinerator
"An incinerator in Kashiwa, Chiba Prefecture, has been shut down following the discovery of high levels of radioactive cesium in incinerated ash, a city official said Thursday in the first such case since the March nuclear meltdowns in Fukushima Prefecture."
Japan to send GSDF unit to S. Sudan for peacekeeping operations
Honda president says Japan can no longer be a manufacturing base
Utilities Seek Record Loans as Fuel Costs Spike: Japan Credit
"Japan's top five electric utilities, shut out of the bond market following the Fukushima nuclear disaster, are borrowing a record 4 trillion yen ($52 billion) in loans at a premium to pay for the surging cost of fuel."
REITs Set for Bond Sales as Record Debt Comes Due: Japan Credit
"A decade after the industry began, Japan's real estate investment trusts, the country's biggest property buyers, are set to sell more bonds as they face a record amount of debt coming due next year."

## China ##
Credit Swaps on Chinese Debt Surge on Slowdown Fears
China sales could be game changer for rice farmers

## UK ##
BBC 'will cut up to 2,000 jobs'
Families 'face Third World winter' after fuel bills jump 21%
Northern Irish heating oil customers 'facing tough winter'
Household energy crisis looms
Britain in grip of worst ever financial crisis, Bank of England governor fears
"£75bn more quantitative easing announced by Sir Mervyn King to boost demand in economy"

## US ##
Stocks rise on hopes for European banks
September shows surge in layoffs
Budget Cuts Deal Setbacks To Community Health Centers
Wal-Mart's Empty Shelves Erode Walton's Legacy
A shocker: Next-gen biofuels not likely to meet U.S. mandates
Doctor Shortage Looms Amid Hospital Funding Gap
Farmers Hire Americans. Most walk off the job. "The work was too hard"
Many people are going to be in for a big shock. They will either do this hard work in the heat and rain, or they won't eat. -- RF
As Angry Customers Flee Financial Giants, Online Banks Are Booming
Wall Street protesters fed up with both parties
A job is becoming a dim memory for many unemployed
Kansas in danger of water shortages, rationing possibility in future
No Double-Digit Returns Anywhere: Pimco's Bill Gross

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