Saturday, March 31, 2012

 

News Links, March 31, 2012, evening edition

## Global Ponzi meltdown/House of Cards ##
Spain increases electricity bills to trim deficit
"Spain said power prices would rise by 7 percent to help contain an accumulated 24 billion euro ($32 billion) deficit due to utilities selling electricity below nominal costs."

## Airline Death Spiral ##
Flight of Fancy: Airports Take Off as Venues for Tours, Parties
Soaring fuel costs hurting local carriers (Indonesia)

## Fault lines/flashpoints/powder kegs/military/war drums ##
China rejects Obama's Iran oil import sanctions
"China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations."

## Global unrest/mob rule/angry people/torches and pitchforks ##
Occupy protesters sent to hospital after clash with police
Power outage protest in Lahore
Group: 2 more Tibetan monks self-immolate in China
"Two Tibetan monks set themselves on fire in a western Chinese city in the latest in a wave of self-immolations protesting against Chinese rule, exiled monks and a Tibet advocacy group said."

## Energy/resources ##
Europe's prospects for shale gas fizzle
Saudi Arabia's economic growth is making domestic oil demand soar
S.Africa's petrol, diesel price to rise sharply
Indonesia's parliament blocks fuel prices hike
Gas prices continue to rise as summer approaches

## Infrastructure scavenging ##
Foreign criminal syndicates 'behind metal thefts in Britain'
"Gangs in China and Africa are orchestrating metal thefts in Britain, police believe, in a new development in the crime epidemic sweeping the country."

## Got food? ##
Food Prices Rising Steadily (Indonesia)
"In anticipation of fuel price hikes, food prices have begun to show an increase. Cooking oil and chili prices, for instance, have soared by 20 to 100 percent."
Futuristic farm shop grows food in synthetic veg patch

## China ##
Diesel demand growth highest among oil products in China

## UK ##
Forecourt fights during petrol pump pandemonium
Pumps start to run dry as dash for fuel goes on




<< Home

This page is powered by Blogger. Isn't yours?