Monday, July 30, 2012


News Links, July 29, 2012

## Global Ponzi meltdown/House of Cards ##
Alcatel-Lucent to cut 5,000 jobs
Construction material sector in Vietnam on verge of bankruptcy
Are Fiat Currencies Headed for a Collapse?
Indian steel market pulverized on economic woes
Maruti Suzuki Q1 net profit dips 23%
Schäuble Rejects ECB Help for Spain; Full Bailout Still Coming
Negative Interest Rates Becoming More Prevalent – Here's Why You Should Be Concerned
The end of the European dream
Greek Debt Crisis Fix May Cost Central Banks up to 100 Billion Euros

## Fault lines/flashpoints/powder kegs/military/war drums ##
Pirates kill Eni oil worker off Nigeria
UN global arms treaty talks end without agreement
New battle looms in Tajikistan as rebels dig in
Japan-Russia talks bring no progress on island dispute
Russia May Evacuate Personnel from Its Syria Base – Navy Chief
Intense fighting reported in Syria's largest city
Shoot-on-sight orders to stamp out Assam violence

## Global unrest/mob rule/angry people/torches and pitchforks ##
Angry Chinese occupy government office, smash computers in environment protest
Saudi Arabia says arrests "troublemakers" in Eastern Province
Protesters clash with police close to Olympic stadium
Mexican protesters target television network

## Energy/resources ##
Flattened drilling seen challenging US upstream thinking
Chevron chopped on price, production drop
Lee calls for efforts to prevent blackouts (Korea)
Power crisis hits electrical equipment industry (India)
More Data: Natural Gas Is Heading Higher (US)
Zimbabwe will suffer longer and more frequent power outages in next decade
Ethanol 'One of the Most Hated Industries': CEO
Power shortage hurting country more than terrorism: Shahbaz (Pakistan)
Heat Sends U.S. Nuclear Power Production to 9-Year Low
"Nuclear-power production in the U.S. is at the lowest seasonal levels in nine years as drought and heat force reactors from Ohio to Vermont to slow output."
France's reliance on nuclear power 77% and rising
South Africa to keep importing oil from Iran - Minister

## Got food? ##
Food Storage: 20 Crops That Keep and How to Store Them
Britain in new 'pea crisis' as dire weather destroy crops
"British peas may be off menu this summer, experts have warned, after the country's dire weather produced the worst harvest for decades."
The Coming Food Crisis: Blame Ethanol?

## Environment/health ##
Severe flooding hits North Korea, kills 88
"Severe flooding across North Korea has killed 88 people and left tens of thousands homeless, state media reported late on Saturday, threatening to make the poverty-stricken country's already chronic food shortage still worse."
Outbreak of Ebola in Uganda kills 13

## Intelligence/security/internet ##
NSA director shows up at hacker conference to recruit talent
Four More Years of Warrantless Surveillance

## Systemic breakdown ##
Law Enforcement Frustrated With Growing Number Of Flash Mob Crimes In Md.
Rising power dues: Energy sector's collapse feared (Pakistan)

## Japan ##
Anti-nuclear 'human chain' to surround Diet building
Panasonic to cut solar panel production in Hungary, stop it in Mexico
Heat leaves 5 dead, over 1,500 people taken to hospital across Japan
Fukushima cleanup at a standstill in most evacuated areas
Nomura CEO Resigns Over Insider Trading Scandal at Japan's Top Investment Bank

## China ##
US Agricultural Exports to China Become Costly in Times of Drought
"As the world's largest importer of American agricultural products, China stands to get walloped by the drought that is ravaging U.S. croplands."
Bad Loans In Wenzhou Surge To 10-Year High

## UK ##
Action plan to halt Welsh bee decline
Slash interest rates to 0 per cent, Bank of England told

## US ##
Michigan Governor Declares Energy Emergency
US 'joker' held in Maryland over alleged gun threats
Severe weather causes damage to power grid
Bomb threats force evacuations at seven Walmarts
Beverly Hills witnesses a 23 percent annual decline in home values
27 gigawatts of coal-fired capacity to retire over next five years
US Still Bringing Home WWII Dead
Nine States Where Lenders Take Your Paycheck

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