Sunday, October 28, 2012


News Links, October 29, 2012

## Global Ponzi meltdown/House of Cards ##
Grandiose new projects fail to hide Dubai property weakness
Governments to debate 50 billion euro cut to EU budget
"European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro ($1.3 trillion) long-term budget, a source familiar with the issue said."
Charting The Undoing Of Credit-Fueled Globalization
A Global Bond Bubble Is Emerging That Professionals Never Could Have Imagined
Fiat to slash targets, but prospects for Chrysler alliance remain upbeat

## Airline Death Spiral ##
For some in Houston, dreams of flying Dreamliner to disappear
U.S. Airlines Cancel 4,700 Flights Ahead of Hurricane Sandy

## Fault lines/flashpoints/powder kegs/military/war drums ##
Satellite images suggest Sudan arms factory was bombed: group
Israel Conducts Air Strike On Sudan Missile Base In 'Dry Run' For Iran Attack
The value of Senkaku oil and the costs for Japan and China
As Surge Ends, 'Stalemate' in Afghanistan Predicted
Witnesses: Libya consulate attack seemed planned, may have used anti-Islam film as cover

## Global unrest/mob rule/angry people/torches and pitchforks ##
Seven Tibetans burn themselves in anti-Beijing protests: group
"A total of seven Tibetans have set fire to themselves in the past week in protest against what they claim is heavy-handed Chinese rule in the Himalayan region, a human rights group said in a statement issued late on Saturday."
10,000 strong Ningpo petrol plant protest turns explosive (China)
Saudi authorities disperse anti-Assad protest in Mecca
Spain austerity: Thousands join new budget cuts protest
Peru clashes: Two more die in Lima market protests
Saudi Arabia should stop prosecuting peaceful protesters: HRW

## Energy/resources ##
India to suffer over 10 per cent peak power shortage this fiscal: CEA report
LDK Sells Solar Plants to Henan Xindaxin for $22 Million
Why the U.S. is NOT the new Saudi Arabia
Sandy Also Could Wreak Havoc With Oil Refineries
Cold blast may tighten Atlantic heating oil supply crunch

## Infrastructure scavenging ##
Cable thieves strike thrice within a week at Narmada dam
Power cable thieves inflict double blow on victims
Metal Thieves Target Water Infrastructure in Russia
Metal thieves steal all six grids in one street

## Got food? ##
China's soybean imports to reach record high
The Bread Aisle In Manhattan's Upper West Side Is Now Empty

## Environment/health ##
EU-funded research shows mothers, children exposed to chemicals
Nearly Curtains for the Mexican Wolf

## Intelligence/security/internet/cyberwar ##
11 terror suspects arrested in Indonesia
France Euromillions site hit by religious hackers

## Systemic breakdown ##
Cities crumbling beneath our feet (Canada)
Indian state's industrial dream mired in delays, protests

## Japan ##
Record number of M&As by Japan companies of foreign firms in Jan.-Sept.
Declining Japan loses once-hopeful champions
Japan says four Chinese ships in disputed waters

## China ##
China's Slowing Revenue Gains Seen Limiting Spending
"China's government spent more than planned in the first nine months of the year, and revenue gains moderated, leaving little room for public outlays to stoke the economy this quarter without an expansion of the budget."
Lawyers for China premier's family deny "hidden riches" claim
China shelves chemical plant expansion after protests
China Aluminum Stockpiles Seen at Two-Year High Amid Glut
Wuhan Steel net falls 53% on weak global growth

## UK ##
Heavy childcare costs leave families £4 a week better off
"Childcare cost are now so large that taking a full-time job has become almost pointless for a growing numbers of 'second earners' in middle and low-income families, a report has claimed."
Riots crackdown followed by violence rise says think tank

## US ##
Burden for rebuilding infrastructure may fall to states
Report says Obama sought ties with Iran
"Months after taking office in 2009, U.S. President Barack Obama proposed to gradually normalize ties with Iran, Israeli newspaper Maariv reported Sunday."
More People Opt Not to Work Anymore
"As of September, the share of the adult population that either had a job or was trying to find one—a measure known as the labor-force participation rate—stood at 63.6%, close to a 30-year low."
Marines, police prep for mock zombie invasion
Drone-murders of Americans 'Totally right, totally Constitutional': Homeland Security Chairperson
U.S. Congress may face another debt-limit showdown in 2013
Multigenerational Households On Rise; Boomerang Students Return Home; What's the Impact on Housing Demand?
Welcome to the Age of Hell: Entrenching Murder as the American Way
Insurers prepare for impact of Hurricane Sandy
Potential Sandy Damaged Revised Higher To 284,000 Homes
You Will Pay For Hurricane Sandy—Even If You Live Nowhere Near It

And finally… 
Why werewolves give us the willies
Cast Defends Timing of Film on Bin Laden Raid
Zombie Maid Café Serves Up Terror in Tokyo Before Halloween

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