Saturday, August 04, 2012

 

News Links, August 5, 2012

## Global Ponzi meltdown/House of Cards ##
How the 2004 Olympics Triggered Greece's Decline
Greece eyes T-bills to cover funding squeeze: minister
Eurozone New Business Sinks at Fastest Rate in 3 Years; Germany Composite PMI at 37-Month Low
Greyerz - The Risk Of Systemic Collapse Is Now Enormous

## Airline Death Spiral ##
Airline plans for 16-nation eurozone

## Fault lines/flashpoints/powder kegs/military/war drums ##
Germany should use armed drones: defense minister
Pirates attack ship off Nigeria, kidnap 4 foreigners
Iran tests short-range missile with new guidance system
Taliban Launches Dozens of Attacks in Eastern Afghan 'Show of Force'
No imminent threat of a nuclear-armed Iran, experts say

## Global unrest/mob rule/angry people/torches and pitchforks ##
Electricity crisis incites Lebanon protest
Saudi Arabia: Soldier shot dead in Eastern Province
"A soldier has been shot dead and another injured during a clash with protesters in eastern Saudi Arabia, according to state media."

## Energy/resources ##
Problem Plagued, 35-Year-Old South Korean Reactor to Restart After Failure
Hike diesel price or face grid collapse: Montek (India)
The lights are back on in India, but the future is dim
Iron ore crunch spreading in Karnataka - Report (India)
LPG shortage in Ghana

## Got food? ##
Wheat, Corn Gain as Indian Monsoon May Cut Production; Soy Rises
US Farmers Markets Surge: USDA

## Environment/health ##
Grass fires, triple-digit temperatures tax Oklahoma
Experts Fear Whooping Cough Vaccine's Shield Is 'Waning'
German Health Rules May Slow Power Grid Expansion, WiWo Says
China Evacuates 867,000 People as Tropical Storms Hit Coast
Coal mines threaten over 1.1 million ha forest in Central India

## Intelligence/security/internet ##
University launches degree to train future cybersecurity combatants
U.S., Pakistan appear to make little headway in spy meet
FBI's Facial Recognition is Coming to a State Near You

## Systemic breakdown ##
The Joy of National Default
Blackout fallout: Trains still running behind schedule (India)
Telecom sector too could face a blackout: COAI
5 years after I-35W bridge collapse, a look at nation's infrastructure

## Japan ##
Japan's pro-nuclear weapon voices grow louder amid debate
Radioactive cesium found off of Niigata, Shizuoka, Iwate coasts: gov't study

## China ##
In China, shipbuilders languish after bubble bursts
"A building binge fueled by boom times has led to a glut of ships as China's economy slows down. China's expansion of the sector has only compounded the problem."
Drop in PMI neutralizes gains in Chinese steel market by weekend

## UK ##
Mumps expected to make resurgence government advisers warn

## US ##
Feds auditing N.Y. gold supply to debunk conspiracies
Gas prices soar to $4 a gallon, could go higher (Detroit)
10 Jobs That Might Be Gone for Good
Improved profits won't see U.S. Steel reopen Hamilton blast furnace
The Employment Rate In The United States Is Lower Than It Was During The Last Recession




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