Wednesday, October 03, 2012


News Links, October 3, 2012

## Global Ponzi meltdown/House of Cards ##
Australia central bank cuts main interest rate to 3.25%
Spanish Banks Need More Capital Than Tests Find, Moody's Says
Foreigners Dump €89.6 Billion Spanish Bonds; Spanish Bank Exposure Increases by €108.8 Billion
The ECB - EUR22 Trillion Is Missing
Bill Gross says only gold and real assets will thrive in fiscal 'ring of fire'
PIMCO: America could 'resemble Greece' before 2020
Electrical gadget sales plummet in southern districts (India)
Greece pushes for austerity deal as time runs short
15,000 turn up for 150 jobs at Madrid's John Deere factory
Italian bicycle sales 'surpass those of cars'
"Italians bought more bicycles than cars in 2011 for the first time in decades, according to local media reports."
Boom times back for Dubai house prices as they top pre-recession values
World Bank: 200 mil. jobless, youth hit hard
Credit Suisse Changes Rating System Methodology… Market Crash Expected?

## Airline Death Spiral ##
Gov't report: More fees, less choice ahead for passengers as airline industry trends continue
Report: Airlines cut shorter flights
Kingfisher Airlines Cancels Flights Due to Labor Unrest
A third AA flight includes loose seats
Qantas in freight asset swap

## Fault lines/flashpoints/powder kegs/military/war drums ##
US May Keep American Troops in Iraq, Despite Lack of Authority
"Some of the hundreds of US troops still in Baghdad have been training and supporting Maliki's abusive elite security forces"
China sends ships back to waters off disputed Japanese-controlled islands
NATO forces may leave Afghanistan early
Energy New Front in Economic Warfare
Iran may still be years away from any nuclear-armed missile
Currency In Crisis: Collapse Of Iran's Rial Continues
War Power Abuse Makes Iran Conflict More Likely
China Banks Pull Out Of World Bank, IMF Events in Japan
Chinese authorities begin seizing Japanese newspapers in the country
US 'to deploy drones to launch air strikes against al-Qaeda in Mali'
Egypt opposes Arab military intervention in Syria, Morsy adviser says
White House secret meetings examine al-Qaeda threat in North Africa

## Global unrest/mob rule/angry people/torches and pitchforks ##
NYPD plans to double size of gang unit
Mexican leftists free 80 prisoners in anger at vote loss
Unrest tarnishes drive to tap Indonesia's gold riches
S. Africa Gold Fields strikers occupy hill near Jo'burg
Okinawa residents protest transfer of six Ospreys to base

## Energy/resources ##
'Hundreds of problems' at EU nuclear plants
"Hundreds of problems have been found at European nuclear plants that would cost 25bn euros (£20bn) to fix, says a leaked draft report."
Liquid air 'offers energy storage hope'
Fuel rationed in Western Isles over growing fears of shortages
City continues to reel under blackouts (India)
1,100 power cuts in 18 months (Malta)
S. Africa transport strike hits fuel supplies
Malfunction shuts down South Korea nuclear reactor
Demand for Midwater Rigs to Rise

## Got food? ##
Big food firms get ready to lift prices (South Africa)
More Vegans = more sustainable development, less climate change

## Environment/health ##
Study: US farmers using more pesticide on 'superweeds'
"U.S. farmers are using more hazardous pesticides to fight weeds and insects due largely to heavy adoption of genetically modified crop technologies that are sparking a rise of "superweeds" and hard-to-kill insects, according to a newly released study."
Percentage of severely obese adults skyrockets (US)
Buying Time for the Environment by Creating a Dust Cloud in Space
Researchers Say Kids Are Exposed To 'Startling' Amounts Of Background TV
Fungus meningitis sickens 12, kills 2
Study: Doctor visits decline, uninsured less healthy
Philippines defies church to push family planning
Climate trends threaten U.S. forests
Thousands of kids with lead poisoning won't get help
"Thousands of U.S. children at risk of lead poisoning will go unassisted because federal budget cuts have slashed assistance programs at local health departments."
As Arctic Melts, Inuit Face Tensions with Outside World

## Intelligence/security/internet ##
Net Threat: The Dangers From Global Web Regulation
Why your money may be at risk after bank cyberattacks
Hackers shifting from 'disruption' to 'destruction': U.S. cyber chief
Hackers Crack Hotel Room Locks With A Tool Disguised As A Dry Erase Marker
Apple popularity behind rise in crime in New York
"Crime in New York City has been significantly elevated by the theft of Apple products such as iPods, iPhones and iPads the NYPD commissioner has revealed."

## Systemic breakdown ##
From Currency Debasement To Social Collapse: 4 Case Studies
Eight signs the system is broken

## Japan ##
S&P Sees Japan Growth Slowing
"Japanese economic growth is set to slow as the boost from reconstruction-related demand fizzles, rating agency Standard & Poor's said in a report Tuesday."
It is just as I said from the outset: Japan will never rebuild what was destroyed by the earthquake/tsunami disaster.  Unless people change their way of thinking, the region will be permanently depressed. -- RF
Fukushima decontamination clean-up commences
Random patdowns begin at 30 int'l airports in Japan
Hakodate mayor to file suit demanding halt to construction of nuke plant
Abolishment of Nuclear Energy Library removes 40,000 files from public view
Record 1.56 million students get aid
Tankan: Large manufacturers' sentiment deteriorating
Chinese cancel Japan tours as media cast doubt on safety

## China ##
Foxconn's recruitment drive in Henan falling apart: report

## UK ##
Activists warned to watch what they say as social media monitoring becomes 'next big thing in law enforcement'
Consumer watchdog investigates exploding washing machines
"Dozens of complaints from owners of appliances have been received by an online forum and now consumer magazine Which? has launched its own investigation into the growing phenomenon."
U.K. House Prices Fall as Nationwide Predicts Stagnation at Best

## US ##
US Debt Soars To $16,159,487,013,300.35, +$93 Billion; Or How To Kick Off Fiscal 2013 With A Bang
US Is Debt Addict on 'Budgetary Crystal Meth': Gross
America's $5 Billion Steel Mill for Sale
Soros pledges $1 million to Obama Super PAC
Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened
The Fiscal Cliff Tax Hikes Alone Are Half a Trillion Dollars
Exports produce scrap tire shortage
Delays dog U.S. government loans to green energy projects
US CEOs Sharply Reduce Expectations for Economic Outlook, Hiring; Third Largest Plunge in 6-Month Expectations in History; Reflections On "Uncertainty"
Almost 2,400 Millionaires Pocketed Unemployment Benefits
Manhattan Office Vacancies Rise the Most in Three Years
Ron Paul: Gold is good money so let it compete
Red-Light Cameras Help Cash-Strapped Cities

And finally… Christian TV networks prepare for live coverage of Jesus Christ's return

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