Thursday, November 08, 2012
News Links, November 8, 2012
## Global Ponzi meltdown/House of Cards ##
Dreadful Economic Data in Germany, Italy, Spain France
German economy sputters as euro zone crisis bites
"German industrial output fell more than forecast in September and the government's economic advisers said the economy would grow by just 0.8 percent this year and next as Europe's largest economy gets dragged deeper into the euro zone crisis."
Dow Plunges 312.95 to 3-Month Low
Dreadful Economic Data in Germany, Italy, Spain France
German economy sputters as euro zone crisis bites
"German industrial output fell more than forecast in September and the government's economic advisers said the economy would grow by just 0.8 percent this year and next as Europe's largest economy gets dragged deeper into the euro zone crisis."
Dow Plunges 312.95 to 3-Month Low
RBA might be printing money for foreign banks: UBS (Australia)
"Global banking giant UBS says the Reserve Bank may be printing money to keep the Australian dollar under control."
"Global banking giant UBS says the Reserve Bank may be printing money to keep the Australian dollar under control."
## Airline Death Spiral ##
Companies—and the Military—Are Moving Forward with Super Fast, Super Efficient Hydrogen-Fueled Planes
Won't happen. -- RF
## Fault lines/flashpoints/powder kegs/military/war drums ##
Obama Bombs Yemen Hours After Winning Reelection
Is AFRICOM Preparing for Another "Humanitarian" Military Intervention?
Americans tour base to recruit for Libya army
Poll: Majority of Israelis back apartheid against Arabs
Is AFRICOM Preparing for Another "Humanitarian" Military Intervention?
Americans tour base to recruit for Libya army
Poll: Majority of Israelis back apartheid against Arabs
Japan, China engage in war of words at ASEM summit
Russian FM: Syrian Rebels Have 50 US Stinger Missiles
Russian FM: Syrian Rebels Have 50 US Stinger Missiles
## Global unrest/mob rule/angry people/torches and pitchforks ##
Violence erupts at Greek anti-austerity protest
"Greek police fired water cannon and fought running battles with protesters hurling petrol bombs outside parliament on Wednesday during the biggest rally in over a year against spending cuts the country must approve to avert bankruptcy."
Protesters teargassed as Cameroon's Biya marks 30 years in power
"Greek police fired water cannon and fought running battles with protesters hurling petrol bombs outside parliament on Wednesday during the biggest rally in over a year against spending cuts the country must approve to avert bankruptcy."
Protesters teargassed as Cameroon's Biya marks 30 years in power
China Communist party congress: protesters head to Beijing to steal limelight
## Energy/resources ##
## Energy/resources ##
Big Coal in big trouble as coal production costs rise
"What is driving the decline of the U.S. coal industry? Most of the blame has gone either to Obama's 'war on coal' (EPA regulations) or to cheap natural gas. But there's a third factor at work, which has gotten much less press: Coal is getting more expensive to produce."
"What is driving the decline of the U.S. coal industry? Most of the blame has gone either to Obama's 'war on coal' (EPA regulations) or to cheap natural gas. But there's a third factor at work, which has gotten much less press: Coal is getting more expensive to produce."
Floating Power Plants to Make Up for Shortage in Korea
"The government could rent four 150,000 kW powerships from Turkey to make up for a possible electricity shortage this winter."
Kuwait National Petroleum Company to Invest $32 Billion by 2019
"The government could rent four 150,000 kW powerships from Turkey to make up for a possible electricity shortage this winter."
Kuwait National Petroleum Company to Invest $32 Billion by 2019
"Doubts about who can replace Exxon in the important project could raise questions about Iraq's target to increase crude output to 5-6 million barrels per day by 2015 from 3.4 million bpd."
In China, growing frustration over Canada's 'outdated' oil sands
"Canada's oil sands risks being left behind by the global energy industry if the pipelines needed to carry bitumen to the west coast do not soon materialize, a Chinese oil industry academic warned."
"Canada's oil sands risks being left behind by the global energy industry if the pipelines needed to carry bitumen to the west coast do not soon materialize, a Chinese oil industry academic warned."
High Nuclear Power Outages In 2012 (Driven By Global Warming–Fueled Sandy, Flooding, & Repair) (US)
Obama, Romney avoid hard truths about energy
Obama, Romney avoid hard truths about energy
## Got food? ##
Nanoparticles in your food: Safe for Consumption?
China's demand for seafood to rise
Nanoparticles in your food: Safe for Consumption?
China's demand for seafood to rise
Gov't on alert as wheat shortage looms (Egypt)
47 of 119 districts in NTB prone to food shortage (Indonesia)
47 of 119 districts in NTB prone to food shortage (Indonesia)
## Environment/health ##
Over 100,000 farmers squatting in Sumatran park to grow coffee
## Intelligence/security/internet/cyberwar ##
Cyber help squad set up by GCHQ (UK)
## Systemic breakdown ##
"What we are witnessing are the immediate after-effects of what is referred to as a grid-down scenario, where utility infrastructure like water and electricity, transportation infrastructure like food and gas delivery, and commerce infrastructure like electronic banking and brick & mortar trade are no longer functioning."
Could You be Next? 23 Things You Need When the Power Goes Out
Gasoline stocks stranded as shortages linger at NY oil hub
Gasoline stocks stranded as shortages linger at NY oil hub
## Japan ##
TEPCO wants gov't support to cover Fukushima nuke plant decommissioning costs
Robots-to-Cosmetics Profit Slump Adds to Japan Economy Woes
Robots-to-Cosmetics Profit Slump Adds to Japan Economy Woes
Chinese companies wrestle with labour shortage in Thailand
China's leadership challenge in new era: douse "inequality volcano"
China's leadership challenge in new era: douse "inequality volcano"
## UK ##
Drugs could keep elderly working for longer
"Drugs which enhance the ability to think and concentrate could be given to older workers within the next decade as the workforce ages, a report claims."
You see? Everyone knows the Little People will have to work until they drop. -- RF
Sellafield nuclear waste storage poses 'intolerable risk'
"An 'intolerable risk' is being posed by hazardous waste stored in run-down buildings at Sellafield nuclear plant, a watchdog has found."
"An 'intolerable risk' is being posed by hazardous waste stored in run-down buildings at Sellafield nuclear plant, a watchdog has found."
And more of this will happen around the world because it is too expensive to build facilities that could store deadly nuclear wastes in a manner that is even half safe. Nuclear power: Too cheap to meter! -- RF
Deck the shelves: lack of stock leaves customers wanting
Street light switch-off saves council £300,000
Street light switch-off saves council £300,000
## US ##
Hurricane Sandy: Beware of America's disaster capitalists
Colorado legalizes recreational use and sale of marijuana
Washington Is First State to Allow Pot's Recreational Use
Marc Faber's Asset Protection Plan: "Buy A Machine Gun", No Really, "You're Right, Buy A Tank"Colorado legalizes recreational use and sale of marijuana
Washington Is First State to Allow Pot's Recreational Use
In September Uncle Sam Continued To Hand Out Car And Student Loans Like A Drunken Sailor
