Sunday, January 29, 2012
News Links, January 30, 2012
## Global economic meltdown ##
Eurozone crisis: angry Greeks condemn EU plot to control its finances
"German plan to install commissioner in Athens with veto powers over the Greek budget dismissed as 'laughable'"
Eurozone crisis: angry Greeks condemn EU plot to control its finances
"German plan to install commissioner in Athens with veto powers over the Greek budget dismissed as 'laughable'"
"Christine Lagarde, the head of the International Monetary Fund, yesterday heaped more pressure on Germany over its handling of the eurozone crisis, effectively calling on Berlin to increase state spending in order to restore growth to the rest of the single currency bloc."
"A deepening sovereign debt crisis in the euro zone and slowing economic growth are forcing a number of steelmakers to shut or reduce steel capacity."
Dubai is another mega-crash waiting to happen. -- RF
## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran says to stop some oil sales, inspectors visit
Iran says to stop some oil sales, inspectors visit
"Around 2,000 Syrian troops backed by tanks launched an assault to retake Damascus suburbs from rebels on Sunday, activists said, a day after the Arab League suspended its monitoring mission in Syria because of worsening violence."
Gunmen attack police station in Nigeria's Kano
"Gunmen bombed a police station on Sunday outside Nigeria's second city Kano, the police and witnesses said, leading to an hour of gunbattles in a region plagued by attacks from Islamist sect Boko Haram."
"Gunmen bombed a police station on Sunday outside Nigeria's second city Kano, the police and witnesses said, leading to an hour of gunbattles in a region plagued by attacks from Islamist sect Boko Haram."
## Global unrest/mob rule/angry people/torches and pitchforks ##
What's next for Occupy Wall Street? Activists target foreclosure crisis.
"As the protest movement heads into spring, Occupy Wall Street activists are interrupting foreclosure auctions and helping families re-occupy their homes."
"As the protest movement heads into spring, Occupy Wall Street activists are interrupting foreclosure auctions and helping families re-occupy their homes."
This is despicable behavior, but I did say that mobs and riots will come to the US. -- RF
Clashes erupt in Cairo during anti-army protest
"Hundreds of Egyptian protesters demanding an immediate end to military rule clashed on Sunday with rivals in civilian clothes outside central Cairo's state media building, the same place where 25 people were killed in a demonstration in October."
"Hundreds of Egyptian protesters demanding an immediate end to military rule clashed on Sunday with rivals in civilian clothes outside central Cairo's state media building, the same place where 25 people were killed in a demonstration in October."
## Energy/resources ##
Global refinery surplus narrowest since 2007 on Hovensa closure
Global refinery surplus narrowest since 2007 on Hovensa closure
Coal Starts Shutting Down Across US
"As a result of new air quality regulations, many coal-fired power plants are preparing to shut down across the Midwest"
Thwarted on US oil pipeline, Canada looks to China
"As a result of new air quality regulations, many coal-fired power plants are preparing to shut down across the Midwest"
Thwarted on US oil pipeline, Canada looks to China
## Infrastructure scavenging ##
Illegal Detroit scavengers use machines that help build city to tear it down
"The two documentarians who made the Oscar-nominated Jesus Camp, Heidi Ewing and Rachel Grady, have turned their cameras on Detroit, feeling it 'may well be a harbinger of things to come for the rest of the country.' In an excerpt of their new documentary, called Dismantling Detroit, Ewing and Grady look at a group of men who use American metal, in the form of vans and pickup trucks, to dismantle American metal, in the form of Detroit buildings."
Also watch the must-see video clip. -- RF
## Got food? ##
Bill Gates Warns Countries Need To Embrace GMOs Or Citizens Will Starve
Ukraine export curbs 'possible' too, says CWB
Bill Gates Warns Countries Need To Embrace GMOs Or Citizens Will Starve
Ukraine export curbs 'possible' too, says CWB
"Compelling new evidence from the US government's top bee expert that modern pesticides may be a major cause of collapsing bee populations led to calls yesterday for the chemicals to be banned."
Antibiotics Prove Powerless as Super-Germs Spread
"Antibiotics were once the wonder drug. Now, however, an increasing number of highly resistant -- and deadly -- bacteria are spreading around the world. The killer bugs often originate in factory farms, where animals are treated whether they are sick or not."
"Antibiotics were once the wonder drug. Now, however, an increasing number of highly resistant -- and deadly -- bacteria are spreading around the world. The killer bugs often originate in factory farms, where animals are treated whether they are sick or not."
## Intelligence/security/internet/systemic breakdown ##
How to easily circumvent Twitter's censorship
"Likely motivated to cut home expenses, more and more consumers are switching over to VoIP (Voice over Internet Protocol) and fiber optic phone systems. However, unlike traditional copper lines, these newer phone systems may lack the ability to maintain service indefinitely, which can leave consumers without access to friends, family or 911 in emergency situations."
"TEPCO said leakages were found at 14 locations, including the cooling system for the spent fuel pool at the No. 4 reactor, NTV reported. Cooling operations were suspended for 100 minutes on Sunday morning. Leakages were also found at the pump that sends water to the reactor cooling system."
No end in sight for Japan's deflation
## China ##
Beware of China's housing bubble
"The housing frenzy has driven prices so high, so fast, that a crash on the scale of the real estate collapse in Japan in the 1990s is a virtual certainty in China"
## China ##
Beware of China's housing bubble
"The housing frenzy has driven prices so high, so fast, that a crash on the scale of the real estate collapse in Japan in the 1990s is a virtual certainty in China"
## UK ##
U.K. To Develop Short-Range Weapon To Protect Warships
## US ##
Crumbling infrastructure: Pittsburgh area's aging locks and dams approach 'scary' status
State Emergency Managers Usher in IMF-style Austerity and Soviet-style Governance
Erin Brockovich reps ordered off school grounds
"Representatives of environmental crusader Erin Brockovich and an accompanying group of reporters were ordered off the grounds of Le Roy Junior-Senior High School on Saturday in an episode connected to a cluster of students there with unusual neurological symptoms."
The shrinking private equity world
"Community college leaders say it has become necessary to ration classroom seats like water in a drought."
