Tuesday, January 17, 2012
News Links, January 18, 2011
## Global economic meltdown ##
Eastern Europe May Need Funding Deal to Cushion Effect of Bank Asset Cuts
"Eastern Europe may require funds from the International Monetary Fund and other international lenders to pre-empt a banking crisis and a shortage of credit in the region's economies as western banks pare assets."
Eastern Europe May Need Funding Deal to Cushion Effect of Bank Asset Cuts
"Eastern Europe may require funds from the International Monetary Fund and other international lenders to pre-empt a banking crisis and a shortage of credit in the region's economies as western banks pare assets."
Analysis: Nigeria strife highlights Africa investment risks
South America Boom Backfiring With Complacency From Commodities
South America Boom Backfiring With Complacency From Commodities
## Fault lines/flashpoints/military/war drums ##
Explosive Words - US Media First to Bomb Iran (RT video; on how the US media beat the war drums)
Explosive Words - US Media First to Bomb Iran (RT video; on how the US media beat the war drums)
U.N. nuclear monitors to visit Iran late Jan: report
"Senior U.N. nuclear officials will visit Iran on January 29-31, the Islamic state's envoy to the International Atomic Energy Agency (IAEA) said on Tuesday."
"Senior U.N. nuclear officials will visit Iran on January 29-31, the Islamic state's envoy to the International Atomic Energy Agency (IAEA) said on Tuesday."
"South Korea said it will continue bilateral discussions with the U.S. to find an acceptable compromise on sanctions against Iran's crude-oil exports, as the resource-poor country attempts to safeguard its energy security without alienating its key ally and trade partner."
Iraq militia says to keep weapons, citing instability
"A Shi'ite militia that fought U.S. troops in Iraq said Tuesday it will not lay down its arms immediately despite the departure of American forces.
"Abu Mustafa al-Khazali, one of the commanders of Kata'ib Hizballah, cited unstable Iraqi politics and uncertainty about the mission and size of the U.S. embassy in Baghdad as reasons for maintaining its war posture."
"A Shi'ite militia that fought U.S. troops in Iraq said Tuesday it will not lay down its arms immediately despite the departure of American forces.
"Abu Mustafa al-Khazali, one of the commanders of Kata'ib Hizballah, cited unstable Iraqi politics and uncertainty about the mission and size of the U.S. embassy in Baghdad as reasons for maintaining its war posture."
Why Russia is planning Iran war games
"Russia has reportedly ordered the military to plan war games to deal with potential spillover from a US-Iran conflict."
"Russia has reportedly ordered the military to plan war games to deal with potential spillover from a US-Iran conflict."
## Global unrest/mob rule/angry people/torches and pitchforks ##
'Occupy Congress' Protesters Swarm Capitol Hill To Represent The 99 Percent
"The decade-long ambition of police and local officials to clear peace protesters from the area opposite the Houses of Parliament has remained unrealised, with an expanse of tents, placards and other structures still resolutely in place despite a night-time clearance operation."
"Strikes and demonstrations over government cuts hit Athens today as international debt inspectors returned to continue examining the reforms."
## Energy/resources ##
Fuel shortage worsens as motorists queue for several days (Malawi)
"The fuel shortage crisis in Malawi worsened from last week with motorists queuing on dry pumps for days, an indication that there is no near solution to the crisis despite government's repeated promises to solve the problem."
Illegal fuel vending escalates (Malawi)
"The fuel shortage crisis in Malawi worsened from last week with motorists queuing on dry pumps for days, an indication that there is no near solution to the crisis despite government's repeated promises to solve the problem."
Illegal fuel vending escalates (Malawi)
"Illegal fuel vendors are now plying their trade freely as the country continues to experience petroleum shortages, with most filling stations remaining dry for weeks."
Fuel shortage fears as refinery shuts (South Africa)
"South Africa's recent fuel supply problems could reoccur as the country's largest refinery, Sapref in Durban, has gone into full shutdown for unplanned repairs. It is expected to only be back in full production by mid-February."
"South Africa's recent fuel supply problems could reoccur as the country's largest refinery, Sapref in Durban, has gone into full shutdown for unplanned repairs. It is expected to only be back in full production by mid-February."
Finance Ministry building in dark ages (Lebanon)
"It is hard to imagine how ordinary people cope with the relentless power cuts every day. But it is even harder to contemplate a vital government building experiencing three hours of electricity rationing. But such a situation is exactly what taxpayers, bearing invoices and documents, encounter when they flock to the Finance Ministry's revenue department on Beshara Khoury street only to find out that there is no electricity in the building."
Uzbekistan's power crisis - why is there no heat and light?
"The majority of Uzbekistan's population are having a tough time this winter as the country's energy supply problems go from bad to worse. Unplanned power cuts and lengthy rolling blackouts have become everyday occurrences in almost every Uzbek neighbourhood."
"The majority of Uzbekistan's population are having a tough time this winter as the country's energy supply problems go from bad to worse. Unplanned power cuts and lengthy rolling blackouts have become everyday occurrences in almost every Uzbek neighbourhood."
Running on empty: Egypt's fuel crisis rumbles on
China 2011 Electric Power Output Growth Drops as Economy Slows
## Got food? ##
Russia expanding land under plow this year
Ethiopia forcing thousands off land to make room for Saudi and Indian investors
"Ethiopia is forcing tens of thousands of its poorest people off fertile land earmarked for Saudi Arabian and Indian investors and into villages lacking schools, clinics or clean water, a new report has claimed."
China 2011 Electric Power Output Growth Drops as Economy Slows
## Got food? ##
Russia expanding land under plow this year
Ethiopia forcing thousands off land to make room for Saudi and Indian investors
"Ethiopia is forcing tens of thousands of its poorest people off fertile land earmarked for Saudi Arabian and Indian investors and into villages lacking schools, clinics or clean water, a new report has claimed."
## Intelligence/security/internet/systemic breakdown ##
Cyberspat Erupts As Iran-Azerbaijan Relations Become Increasingly Strained
Wikipedia joins web blackout in Sopa protest
Wikipedia joins web blackout in Sopa protest
Returning to Simplicity (Whether We Want to or Not) (Gregor Macdonald at Chris Martenson)
"What has begun to take place in global energy extraction is that the current tranche of resources obtained by more complex methods -- deepwater drilling, underground fracturing, in-situ mining, and other strip mining -- have begun to move towards the quadrant of Perrow's chart that is occupied by nuclear power and chemical plants. Here, systems are both technically advanced and tightly coupled, which is to say that failures anywhere in their operations can spread easily and cause systemic failure."
"What has begun to take place in global energy extraction is that the current tranche of resources obtained by more complex methods -- deepwater drilling, underground fracturing, in-situ mining, and other strip mining -- have begun to move towards the quadrant of Perrow's chart that is occupied by nuclear power and chemical plants. Here, systems are both technically advanced and tightly coupled, which is to say that failures anywhere in their operations can spread easily and cause systemic failure."
A good read. -- RF
## Japan ##
Tepco pushes April 1 17% business rate rise
Tepco pushes April 1 17% business rate rise
Building contamination spreads / Radioactive materials used to repair road and waterway in Fukushima
## China ##
Landmark shift: Majority of Chinese now live in cities
"Supply of cheap labor from rural to urban areas is dwindling, leading to speculation that wages will start to surge"
"Growth in new construction starts in China last year decelerated sharply compared with a year earlier, another sign of distress in the country's real-estate sector amid the government's reluctance to relax its two-year-long sector-tightening campaign."
"The Government is undertaking "extensive contingency planning" in the event of a eurozone collapse, peers have been told."
## US ##
Many Americans gave up hope last year – 2012 will be worse
"The chance of realising the American dream is receding for millions as jobs are lost, savings run out and houses are repossessed"
Treasury dips into pension funds to avoid debt
"The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills."
"The chance of realising the American dream is receding for millions as jobs are lost, savings run out and houses are repossessed"
Treasury dips into pension funds to avoid debt
"The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills."
