Monday, February 25, 2013
News Links, February 26, 2013
## Global Ponzi meltdown/House of Cards ##
Volkswagen's Start to Year Is Worse Than in 2012, Poetsch
"Volkswagen AG (VOW) predicted the first quarter would be worse than a year earlier, adding to a forecast last week that 2013 operating profit probably wouldn't increase as Europe's auto market shrinks."
Volkswagen's Start to Year Is Worse Than in 2012, Poetsch
"Volkswagen AG (VOW) predicted the first quarter would be worse than a year earlier, adding to a forecast last week that 2013 operating profit probably wouldn't increase as Europe's auto market shrinks."
Lies, Damned Lies, And Banks: Deutsche Bank Caught Again
Egypt Seeks Up to $1 Billion From Debut Sukuk
Euro zone economy to shrink again in 2013, EU says
EU Doesn't Like Its Forecasts, So It Removes Them From Its Site
PIIGS KILLERS: Italy PM Vote Threatens Austerity, All Over Again
## Airline Death Spiral ##
When full-service airlines go budget
Egypt Seeks Up to $1 Billion From Debut Sukuk
Euro zone economy to shrink again in 2013, EU says
EU Doesn't Like Its Forecasts, So It Removes Them From Its Site
PIIGS KILLERS: Italy PM Vote Threatens Austerity, All Over Again
## Airline Death Spiral ##
When full-service airlines go budget
## Fault lines/flashpoints/powder kegs/military/war drums ##
Obama to Inform Netanyahu of Plans for Summer Iran War
Karzai Orders U.S. Special Forces Out of Afghan Province
Karzai Orders U.S. Special Forces Out of Afghan Province
Chinese transport "workhorses" extending military's reach
"China is expanding its long-neglected fleet of supply ships and heavy-lift aircraft, bolstering its military prowess in support of missions to enforce claims over disputed territory and to defend Chinese interests abroad."
"China is expanding its long-neglected fleet of supply ships and heavy-lift aircraft, bolstering its military prowess in support of missions to enforce claims over disputed territory and to defend Chinese interests abroad."
South Korean merchants plan Japan boycott
"South Korea's self-employed merchants said Monday they plan to boycott Japanese products to protest Tokyo's latest sovereignty claim to a pair of islets controlled by South Korea, according to Yonhap News Agency."
"South Korea's self-employed merchants said Monday they plan to boycott Japanese products to protest Tokyo's latest sovereignty claim to a pair of islets controlled by South Korea, according to Yonhap News Agency."
## Global unrest/mob rule/angry people/torches and pitchforks ##
Bulgarian protests for cheaper energy intensify
## Energy/resources ##
Maharashtra's power ambitions take a blow (India)
"Maharashtra's hopes of turning into a power-surplus state in 2013-14 have taken a knock with water scarcity forcing a shutdown of the 1,130-MW Parli power project and poor gas supply hitting the Dabhol and Uran power projects. The statewide shortfall now is 4,000 MW."
"Maharashtra's hopes of turning into a power-surplus state in 2013-14 have taken a knock with water scarcity forcing a shutdown of the 1,130-MW Parli power project and poor gas supply hitting the Dabhol and Uran power projects. The statewide shortfall now is 4,000 MW."
Silicon Valley Shifting to Power Grid After Solar Sours
"Silicon Valley investors that helped build the solar industry are shifting cash into electricity-grid technology and energy-storage developers after bets on panel manufacturers failed to pay off."
"Silicon Valley investors that helped build the solar industry are shifting cash into electricity-grid technology and energy-storage developers after bets on panel manufacturers failed to pay off."
Chesapeake Deal Values Oklahoma Oilfield Below Estimate
"China Petrochemical Corp., the second-largest energy producer in the most-populous nation, agreed to buy a stake in a U.S. oilfield from Chesapeake Energy Corp. (CHK) for less than one-third of its estimated value."
"China Petrochemical Corp., the second-largest energy producer in the most-populous nation, agreed to buy a stake in a U.S. oilfield from Chesapeake Energy Corp. (CHK) for less than one-third of its estimated value."
Iraq oil payment talks 'hit impasse'
"Iraq talks aimed at resolving an oil payments dispute with Kurdistan are believed to have hit deadlock, while reported deals signed by Russia's Gazprom Neft with the regional government are set to further strain relations with the Baghdad regime."
"Iraq talks aimed at resolving an oil payments dispute with Kurdistan are believed to have hit deadlock, while reported deals signed by Russia's Gazprom Neft with the regional government are set to further strain relations with the Baghdad regime."
Bangladesh, China, India, Myanmar urge joint ventures in energy sector
How do you find oil in the desert? Drill 2 miles deep
How do you find oil in the desert? Drill 2 miles deep
Hundreds of houses in Beddington and Croydon will be without phones and internet for over a week
## Got food? ##
## Got food? ##
Native American Gardening: The Three Sisters and More
Feedlots, meatpackers closing as cattle herds shrink (US)
"Meatpacking plants and feedlots have been closing because of the shortage of cattle after years of drought, and the impact will be felt in grocery and restaurant bills as a smaller meat supply means higher prices."
Feedlots, meatpackers closing as cattle herds shrink (US)
"Meatpacking plants and feedlots have been closing because of the shortage of cattle after years of drought, and the impact will be felt in grocery and restaurant bills as a smaller meat supply means higher prices."
Instead of Trying to Feed the World, Let's Help It Feed Itself
"We know about the ecological problems that follow when farmers are asked to 'feed the world.' What would happen if they just tried to feed their neighbors instead?"
"We know about the ecological problems that follow when farmers are asked to 'feed the world.' What would happen if they just tried to feed their neighbors instead?"
## Environment/health ##
Ancient Chompers Were Healthier Than Ours
"Prehistoric humans didn't have toothbrushes. They didn't have floss or toothpaste, and they certainly didn't have Listerine. Yet somehow, their mouths were a lot healthier than ours are today."
## Intelligence/propaganda/security/internet/cyberwar ##
House Intelligence Chairman: U.S. 'Losing' Cyber War
House Intelligence Chairman: U.S. 'Losing' Cyber War
After Fukushima: families on the edge of meltdown
"Two years after the Fukushima nuclear disaster, a new phenomenon is on the rise: atomic divorce. Abigail Haworth reports on the unbearable pressures and prejudices being faced by those caught in the radiation zone"
"Two years after the Fukushima nuclear disaster, a new phenomenon is on the rise: atomic divorce. Abigail Haworth reports on the unbearable pressures and prejudices being faced by those caught in the radiation zone"
Forgotten Fukushima-Japan Two Years After the Daiichi Accident
Goldman Said to Plan Cutting Tokyo Office Space to Reduce Costs
Goldman Said to Plan Cutting Tokyo Office Space to Reduce Costs
A war over Diaoyutais will cripple China's economy: economist
China to Increase Fuel Prices for First Time Since September
China to Increase Fuel Prices for First Time Since September
Labor shortage hits Chinese businesses after holidays
China's mainland home to 247 'cancer villages'
China's mainland home to 247 'cancer villages'
## UK ##
Ofgem chief warns of looming 'crisis' over energy shortage
"Ofgem's chief executive has warned of the UK's lack of energy capacity, labelling the period between 2015 and 2018 as a 'near-crisis'."
Britain will take years to earn back AAA rating, says Ken Clarke
"Ofgem's chief executive has warned of the UK's lack of energy capacity, labelling the period between 2015 and 2018 as a 'near-crisis'."
Britain will take years to earn back AAA rating, says Ken Clarke
