Saturday, February 04, 2012


News Links, February 4, 2012 (evening edition)

## Global economic meltdown ##
Industrial heartland faces tough slog as locomotive plant closure hits (Canada)
Collapse of Hungarian airline fuels fears of European chaos
Unemployment is actually worse than numbers show (Canada)

## Fault lines/flashpoints/powder kegs/military/war drums ##
Lawmakers, 'Experts' Spin Tales of Iranian Terror in Latin America
Syria launches deadly assault on Homs
Russia warns of 'scandal' in UN Syria vote
Iran begins new military exercises in south

## Global unrest/mob rule/angry people/torches and pitchforks ##
Egypt protesters battle police in Cairo streets, Tahrir Square
Moscow prepares for rival demonstrations in minus 20 temperatures
China: Tibetan activists continue protests

## Energy/resources ##
Qatar preparing of Hormuz closure, Ayatollah threatens response in the event of oil ban
"A Dow Jones report states that Qatar is preparing to shut down all its LNF facilities if Iran carries out its warnings of closing the Strait of Hormuz."
Russia reduces gas supplies to Europe amid deadly cold snap
Gas Shortage Hits Eastern Europe, Greece, Italy, Austria
Namibia: Another Gas Shortage Imminent
Passengers fume as Air India's jet fuel crisis spills over to Friday
What if the lights go out?

## Infrastructure scavenging ##
Vandals mining vacant homes for copper
Scrap metal thefts on the rise

## Got food? ##
Beef prices climb to record level and are still rising (US)
Food crisis moving towards Pakistan
"The increasing food crisis has affected millions of people in Africa and now it is rapidly moving towards South-East Asian countries including Pakistan."

## Intelligence/security/internet/systemic breakdown ##
Justice Dept, FBI Say Interest in Online Privacy an 'Indicator' of Terrorism
"Flyer Also Urges Businesses to Treat People Who 'Always Pay Cash' as Suspicious"

## Japan ##
Checkmate For Japanese Sovereign Debt

## China ##
China's electricity supplies to remain tight this year
"The China Electricity Council (CEC) said Friday that China will face tightened supplies of electric power this year, with a shortage estimated to reach up to 40 million kilowatts."
Sinopec refineries say losing money despite internal incentives

## UK ##
UK market reform timeframe could expose electricity supply shortages
Eight in ten households ration gas use
"Eight out of ten households have cut down or rationed their gas and electricity use this winter because of high energy bills, new figures show."

## US ##
States seek currencies made of silver and gold
"NEW YORK (CNNMoney) -- A growing number of states are seeking shiny new currencies made of silver and gold.
"Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place."
Great jobs report, but what about the long-term unemployed?
Some Nuclear Parts Shot, San Onofre Shutdown Costs Up to $1 Million a Day
"The San Onofre Nuclear Generating Station spent hundreds of millions of dollars on new steam generators in the last couple years, and now some heat exchanger tubes are nearly worn out."

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