Thursday, September 20, 2012


News Links, September 19, 2012

## Global Ponzi meltdown/House of Cards ##
Spain to Introduce 6% Tax on All Domestic Energy Production
China-Japan Dispute Over Islands Risks $340 Billion Trade
India's August consumer price inflation at 10.03 pct y/y - govt
All Signs Point To Gold
Fed's 'QE-Infinity' Will Push Gold Up to $2,400: Pro
International Demand for U.S. Assets Rises on Europe
China, Japan Boost U.S. Treasury Purchases
Onboard Jacuzzis, Kitchens Prove Private Jets Are Back

## Airline Death Spiral ##
Airline industry urges Obama to block EU carbon scheme
Airbus Release Plan to Create Sustainable Aviation Industry by 2050
Airlines raise ticket prices -- again
Qatar Airways Made Small Annual Loss
Frontier Airlines suspending Sacramento service
Canada's airlines prepare for another sluggish year
How Can Airlines Reduce Fuel Costs?
FedEx Just Can't Wait for iPhone 6, 7, 8…

## Fault lines/flashpoints/powder kegs/military/war drums ##
Japan awaits arrival of 'Chinese armada' as protests erupt in Beijing
Demonstrations, Encroaching Ships Keeping Tensions High
China warns of 'further actions' in Japan island dispute
11 Chinese government ships enter waters around disputed islands
Bond Wars: Chinese Advisor Calls For Japanese Bond Dump
Democracy declined worldwide in 2011, Arab Spring nations at risk: report
More than 130 escape from Mexican prison on U.S. border
"More than 130 inmates escaped through a tunnel from a Mexican prison on the border with the United States in one of the worst jailbreaks the country's beleaguered penal system has suffered in recent years."
In Africa's warm heart, a cold welcome for Chinese
Qatar: Rich and Dangerous
US-Afghan military operations suspended after attacks
Indonesia's Quiet Welcome of US Troops in Region
U.S., Chinese navies in joint anti-piracy drills off Somalia
Post-Soviet military alliance hold drills
Libyan brigade warns of "inferno" if U.S. intervenes
"A Libyan Salafi group which has denied it was involved in a deadly assault on the American consulate in Benghazi said on Tuesday Libya would turn into 'an inferno for U.S. troops' if the U.S. military retaliated."
Despite focus on cities, Syria's civil war grinds on in countryside
EU's Catherine Ashton to meet Iran nuclear negotiator
Israel's now one of top arms exporters
"Israel has become one of the world's leading arms exporters with deals, mostly with developing countries, worth $12.9 billion in 2004-11."
China's activity in South China Sea angers Philippines, others
Former US Envoy Predicts 2013 War With Iran
"Speaking on CBS, former US Ambassador to Israel Martin Indyk expressed confidence that whichever president is elected will attack Iran in 2013, saying that even though "Iran doesn't have a nuclear weapon" such a war could at best be put off another six months."

## Global unrest/mob rule/angry people/torches and pitchforks ##
Afghan group bombs foreigners after anti-Islam film 
Mao references in anti-Japan protests a concern for Chinese authorities
Fearing a third intifada, the IDF's elite undercover unit steps up its training

## Energy/resources ##
Shell admits Arctic drilling defeat, for now
Electricity from renewable sources falls to low (NZ)
Israel's unfulfilled promise of alternative energy
Government admits fuel supplies insufficient (Egypt)
Fuel shortage (UK)
"There are reports of fuel shortages in Uist today (Tuesday), leaving filling stations short of supplies. There are also reports that some have run out altogether."
Fukushima fallout seeps into India's troubled nuclear push
Iron-Ore Ships Rebound as China Spends $158 Billion: Freight
"Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills will accelerate imports because of a 1 trillion-yuan ($158 billion) building program."
LDK Solar in talks with investors, shares hit new low
IEA economist says Iraq oil growth slowing would be 'bad news'
GE and Petrobras Sign Largest Subsea Wellhead Systems Deal Ever

## Got food? ##
EU Commission to cap food-based biofuels in major shift
World shows prudence as drought boosts food prices: USDA
It's No Yolk: Mexicans Cope With Egg Shortage, Price Spikes
Poultry Industry May Face Losses Thanks to Corn Prices

## Environment/health ##
Sri Lanka kidney disease blamed on farm chemicals
"Thousands of people in the Asian island nation of Sri Lanka have been struck by a mysterious and deadly form of kidney disease. A new study points to a likely cause - pesticides and fertilisers."
Oslo reports 'substantial' North Sea leak
Scientific Paper: "The Fukushima Radioactive Plume Contaminated the Entire Northern Hemisphere During a Relatively Short Period

## Intelligence/security/internet ##
Obama considers executive order in wake of Cybersecurity Act failure
"The Obama administration is considering issuing an executive order to achieve some of the aims of the Cybersecurity Act, which died in the Senate in August."
US Totalitarian State Wins After All: Obama Reinstates NDAA Military Detention Provision
Netflix Executive: Canadians Have "Almost Third-World" Internet Access
More malware targeting Iran could yet be discovered
Philippine media say new cyber law threatens press
Apple iMessage goes down, users complain
"Apple's iMessage service suffered a widespread outage yesterday as users reported problems in sending and receiving messages."

## Systemic breakdown ##
Local Blackouts Reveal Global Risks
"Recent blackouts in the U.S. and India should serve as a wake-up call to an increasingly networked world. Power outages are no longer a local problem. Mission-critical websites and data centers are increasingly likely to be located in blackout zones. Today, a local blackout can become a global business catastrophe."
Canadian Infrastructure Crumbling: Report Card

## Japan ##
Japan's Slow-Motion Tsunami
Global Retaliation To QEternity Begin: BOJ Considers Additional Easing
Tepco Calls On Big Users To Save Energy Wednesday
Govt to scrap 3 N-reactors in Mihama, Tsuruga
Construction to begin on new ship to find rare earths, metals on ocean floor
Coast guard waiting for Chinese fishing armada
"There was no sign Tuesday of the 1,000 fishing boats that Chinese media reported were heading toward the Senkaku Islands in the East China Sea, as the Japan Coast Guard meanwhile remained on high alert, warding off multiple Chinese government patrol ships in the waters near the disputed islets."
Fear and loathing in Japan
"A much diminished electronics sector in Japan is buckling further still. How much more retrenchment and pain is needed to succor its once triumphant tech industry is the question now as Sharp Corp, one of Japan Inc.'s bigger beasts, faces ruin. Japan analysts are also pondering who could be next."
Anti-Japan Protests in China Seen Costlier Than Tsunami

## China ##
FedEx Is Downbeat on Chinese Economy
"The head of FedEx Corp. on Tuesday sounded a warning about the fate of China's export-driven economy as the world's largest air package shipper cut its forecast for global growth in 2012 and 2013."
Chinese Solar Companies Slash Costs
"Chinese solar companies have begun a round of belt tightening as they struggle to maintain operations and pay down looming debt obligations."
China's Stocks Fall on Concern Japan Tensions May Hurt Economy
China planning more infrastructure projects - NDRC

## UK ##
Push to create a million UK ponds
Delivery fee for online groceries may rise to £15, expert warns
Ed Davey to take five million out of "fuel poverty" - by changing the definition
Report Warns of Widening Gaps in U.K.'s Maritime Surveillance

## US ##
Romney Fail: Caught On Video Revealing Extraordinary Contempt For 47 Percent Of Americans
Hidden Camera Video: Romney on Iran, Israel-Palestine
"On Israel-Palestine, Romney said he was convinced of two things (1) the Palestinians don't want peace, only the destruction of Israel, and (2) the conflict is unsolvable, and so he would make no effort as president to solve it."
The Federal Reserve, a Privately Owned Banking Cartel, Has Been Given Police Powers, with Glock 22s and Patrol Cars
Young Americans ditch the car
Here Comes the Big Manufacturing Slowdown
Fermi nuclear unit shut down after switchyard power loss
Northrop to cut Southern California jobs
FedEx Cuts Forecast as Economy Hurts Premium Shipping
New Jersey Housing Suffers as Defaults Exceed Nevada
Chicago Fed laments 'out-of-control' algorithms
Student Loans: Debt for Life

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