Sunday, January 15, 2012


News Links, January 16, 2012

## Global economic meltdown ##
Greece Says Debt Talks Will Resume
The Staggering Cost Of Youth Unemployment Across Europe
"Let the Euro Die" Candidate Trails Sarkozy by Slight 2 Percentage Points; Will Sarkozy Survive the First Round Vote? Eurozone About to Become Unglued (Mish)
Is German Anger Finally Coming To A Boil? Even Local CEOs Say Time To Exit Euro May Have Arrived
Iran oil boycott menaces world economy
Exodus of Workers From Continent Reverses Old Patterns
Italy Ship Disaster Could Hit Cruise Industry
Euro Hits Fresh 11-Year Low Of Y97.17 In Oceanian Market

## Fault lines/flashpoints/military/war drums ##
U.S., Israel Postpone Joint Missile Exercises
UK seeks Saudi Arabia support to attack Iran? (RT video)
Beating the Drums of War: Provoking Iran into "Firing the First Shot"? (Michel Chossudovsky)
Iran could face UK military action over nuclear programme, says Hague
Iran warns of consequences if Arabs back oil sanctions
"Iran warned Gulf Arab neighbors on Sunday they would suffer consequences if they raised oil output to replace Iranian crude facing an international ban."
China angry at US sanctions on oil firm Zhuhai Zhenrong
"China has criticised sanctions imposed by the US on a Chinese firm for selling refined petroleum products to Iran."
Europe set to announce ban on Iranian oil, William Hague says
"Europe will agree sanctions banning the purchase of oil from Iran by the end of the month, William Hague, the foreign secretary, said on Sunday as Saudi Arabia promised it could boost output to make up the shortfall."
The U.S. Government Funded the Iranian Terrorist Group Which "Found" The Documents Upon Which the Warmongers Are Relying
The Navy Is Depending on Dolphins to Keep the Strait of Hormuz Open
U.S. army chief heads to Israel as fears over attack on Iran mount
Appeasement Arrives: Joint US-Israel Exercise Postponed For "Budget Reasons", US Will Not Enforce No Fly Zone Over Syria
World Map of All Wars and Conflicts Happening In 2012
Syria offers second amnesty to anti-regime protesters
Suicide bombers target police in Iraqi city
Nigeria Oil Shutdown 'Last Resort' as Strike Enters Second Week
Chinese vessel attacked on Mekong River

## Global unrest/mob rule/angry people/torches and pitchforks ##
Police fire tear gas at protesters in Romania
"Romanian police fired tear gas and clashed with protesters during an anti-government rally, the third consecutive day of demonstrations against austerity cuts and falling living standards."
Italian police, protesters clash in St Peter's Sq
"Protesters unhappy about the Vatican's wealth clashed with police in St. Peter's Square, with one of the demonstrators scaling the towering Christmas tree."
Tibetan's suicide triggers fresh clashes in China
"Security troops clashed with Tibetans in southwestern China on Saturday after the latest in a series of self-immolations that have come with growing resentment of Beijing's grip on the region, two overseas advocacy groups said."
Tibetan protesters fired at in China, one dead
Occupy takes it to the top of Wells Fargo

## Energy/resources ##
Water Risk in Supply Chains Draws Investor Scrutiny
"Jonas Kron is worried about water. The investment adviser at Trillium Asset Management, a $900 million fund manager that focuses on environmentally sustainable investment, fears the world's dwindling supply of fresh water is hurting the companies he has invested in."
Dubai's power capacity grows by 18% in 2011
"The UAE is one of the highest per capita consumers of water and electricity in the world."
Nigerian talks fail to reach deal, but oil shutdown on hold
Saudi, Chinese oil giants ink joint refinery deal
Statoil 'may exit West Qurna 2'
"Statoil reportedly may be looking to dispose of its stake in the West Qurna 2 field development project in Iraq as security in the country deteriorates following the withdrawal of US forces amid escalating political tensions."
Geopolitics heat up; oil price premium settles in
"Flare-ups in geopolitical hot spots such as Iran are nothing new to the oil markets, so commonplace for the market that there may actually be a 'permanent premium' built into the price."
Diesel thirst fueling exports, pressuring prices (US)
MoF's inability to provide funds leads to massive power loadshedding (Pakistan)
Kashmir freezing, desolate, bereft of hope & supplies
"For the seventh day in a row, people of Srinagar suffered sub-zero temperatures, and faced extreme shortage of essential commodities. Water sources have dried up and people are forced to melt snow to meet their needs."
Immediate prospects for Philadelphia's oil refineries are dim (US)
LUKoil Ups Reserves, Cuts Output, Refining
Aramco aims to lift refining capacity to 8 mln bpd
PM to talk gas, coal shortage with power firms on Jan 18 (India)

## Infrastructure scavenging ##
Copper Thieves Battled With New Anti-theft Telecom Cable
"CommScope claims that copper theft in costs U.S. companies $60 million a year."

## Environment/health ##
Danger! Nuclear waste! Keep out — forever!
Unlocking the Secrets Behind Hydraulic Fracturing
"Starting Feb. 1, drilling operators in Texas will have to report many of the chemicals used in the process known as hydraulic fracturing. Environmentalists and landowners are looking forward to learning what acids, hydroxides and other materials have gone into a given well.
"But a less-publicized part of the new regulation is what some experts are most interested in: the mandatory disclosure of the amount of water needed to 'frack' each well. Experts call this an invaluable tool as they evaluate how fracking affects water supplies in the drought-prone state."
After Earthquakes, Ohio City Questions Future Fracking Wells

## Intelligence/security/internet/systemic breakdown ##
Scared by street dogs, residents use cars to go to Parks for morning walks (India)

## Japan ##
Japanese Investors Pull Back From Euro-Zone Bonds
Japan's Prime Minister Seeks Doubling National Sales Tax; S&P Downgrade of Japan Likely; No Winning Play for Japan (Mish)
Radioactive cesium detected in condo in city in Fukushima
FinMin Azumi worried about Japan's debt rating after EU downgrades
Disaster left cities in limbo: mayors
Electronics giants turn to smart cities / Companies aim to build eco-friendly, energy-efficient communities
Technocratic wet dream. -- RF

## China ##
China Growth May Slow to 10-Quarter Low
Beijing home prices drop 11 pct

## UK ##
Health chiefs prepare campaign to prevent epidemic during Olympics
"Measures already in place include what organisers call the biggest health surveillance system in the world – covering everything from UK advice lines to hospital intensive care units – to alert medics to the first signs of unusual illness."
Operation Trident to spearhead attack on teenage gangs
Which? warns of energy smart meter 'fiasco'
"The scheme to install new energy meters in every home in the UK should be halted because of spiralling costs, a consumer campaign group has warned."

## US ##
Record number of Americans 55 and older are working
10 reasons the U.S. is no longer the land of the free (Washington Post!)

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