Friday, March 15, 2013


News Links, March 16, 2013

## Global Ponzi meltdown/House of Cards ##
Glance: A look at government deficit levels across the 17-country eurozone
Seoul Property Megaproject A Bad Dream
Eurozone finance ministers seek to complete much-delayed deal on rescue package for Cyprus
Inflation rises across the region
"Inflation is creeping up in Jordan, Egypt and Saudi Arabia as signs of price pressures emerge across developing markets."
Greece Counts on Gas, Gambling to Revive Asset Sales Tied to Aid
Foreign holdings of US Treasury debt increased to record $5.62 trillion in January
17 Signs That A Full-Blown Economic Depression Is Raging In Southern Europe – Is The U.S. Next?
Brace for another eurozone 'shockwave' this Spring: SocGen
EU eases austerity demands for Portugal
India. Fuel, food prices lift India inflation to 6.84% in Feb.

## Airline Death Spiral ##
Batavia's Woes Signal Rough Weather for Indonesia's Airline Industry
Boeing: Commercial 787 flights to restart in weeks
Planned closure of nearly 240 air traffic control towers will strip away layer of safety
Iberia back in the air: unions accept sacking of 3.141 staff and salary cuts

## Fault lines/flashpoints/powder kegs/military/war drums ##
Japan and Philippines align strategic interests
Expensive F-35 fighter at risk of budget "death spiral"
U.S. drone strikes violate Pakistan's sovereignty: U.N.
Gunmen kill 8 Iraqi police recruits: police
With Drone Warfare, America Approaches the Robo-Rubicon
British DM Report: Afghanistan an 'Unwinnable War'
War Crimes: Syrian Rebels Regularly Execute Captives

## Global unrest/mob rule/angry people/torches and pitchforks ##
10 years after Iraq invasion, Sunnis who backed Saddam chafe under Shiite rule
Greek anarchists claim small blast at Athens courier firm
Rioters cause chaos across Bahrain
3 students set fire to themselves in Senegal
Portuguese public servants protest against austerity
Police fire tear gas at rioting students (Tanzania)

## Energy/resources ##
Power outages in Socoteco II areas now 6 hours daily (Philippines)
Hospital's ICU hit by 4-hour blackout (South Africa)
Oilmen see security problems in Africa
Proposed Kazakh-Indian Pipeline a Long Shot at Best
Australian billionaire faces ruin as coal price plummets
EVN too lazy to generate electricity (Vietnam)
First-stage water rationing initiated in parts of Taiwan
Water rationed as months-long drought parches the country (Dominican Republic)
Middle East faces alarming water loss
Commodities on the rise
Jordan's energy crisis 'toughest reform challenge'
Angola Minister Says Oil Will Stay Higher Than $100 in 2013
Shell barred from returning to drill for oil in Arctic without overhaul

## Infrastructure scavenging ##
Copper thefts at Tahoe recreation areas could delay openings

## Got food? ##
Vegie growers say cannery collapse shows government is ignoring food processing (Australia)
Disease threatens aquaculture in developing world
"Disease may challenge the ability of fish farming to feed the growing human population even as wild fish stocks decline and climate change hampers food production from other sources, a study shows."
France finds horsemeat in beef imported via Netherlands
How to Store Potatoes in Your Garden
Top Robusta Grower Vietnam Poised for Lowest Crop Since '06

## Lifestyle Solutions ##
On the skill of sharing and the sharing of skills
How to Store Silver at Home

## Environment/health ##
New Zealand North Island hit by worst drought in 30 years

## Intelligence/propaganda/security/internet/cyberwar ##
Court Docs Reveal Blackwater's Secret CIA Past
Samsung Galaxy S4 eye-tracking smartphone unveiled
Is your cloud drive really private? Not according to fine print
Subway Restaurants Rocked By POS Hackers
Cyberwar: Israel braces for 'MiniDuke'
NSA Chief Says America Is Ready to Cyberattack
FBI Can't Demand Customer Records From Telcos, Judge Says
Web browsers consider limiting how much they track users

## Japan ##
Anti-nuclear members removed from Japan's energy board
Utilities Agree On Aid For Japan Atomic Power
"Nuclear power plant operators will let cash-strapped Japan Atomic Power Co. take a temporary refund of some 40 billion yen in prepayments for fuel reprocessing. They will also continue to provide loan guarantees for refinancing by the company, whose nuclear reactors are all off line. With no other commercial power plants, it is burning through cash."
126 U.S. military members to sue TEPCO
'Abenomics' yet to affect hiring levels
METI wants tent city to move on
"The government will soon file a suit seeking removal of tents set up on the premises of the Ministry of Economy, Trade and Industry by activists opposed to nuclear power, METI Minister Toshimitsu Motegi said Friday."
Kyoto wind farm turbine falls after pylon snaps

## China ##
Is China's 'Real' Economy Crashing?
China Bad Bank Said to Plan $3 Billion Offering in Hong Kong
China's new stealth frigate commissioned
Why Wealthy Chinese Are Giving Up U.S. Green Cards
Vigilance grows as dead pigs in river reach 7,545
China levels mountains to urbanize poor inland regions

## UK ##
Barely 2,000 onshore wind farm jobs in Scotland
"Onshore wind farms support barely 2,000 jobs in Scotland despite Alex Salmond's claim they are a major source of employment, ministers have admitted."
Six out of ten families turn off the heating to save cash
Energy chiefs clash on UK electricity blackouts from 2015

## US ##
Bankistan Vanquishes America
The big winners in Detroit's fiscal crisis? Wall Street bankers
An economy of peak food stamp usage, peak Dow, and peak Debt
New York City Hits A New Population Mark, Topping 8.3 Million
Ethanol Mandate: Jumping the Gun in a Big Way
US Border Patrol reports 70 percent spike in assaults on agents
Gen X And Gen Y Wealth Stagnates
"Younger generations used to be successively wealthier, but no more. 'For many, the American dream of working hard, saving more, and becoming wealthier than one's parents holds true. Unless you're under 40.'"
Stock rally ends at 10 days
Rogers: U.S. stocks' winning streak 'going to end badly'
'Irrational exuberance' mentions have tripled since end of February
How Monsanto outfoxed the Obama administration
Jaw-Dropping Crimes of the Big Banks
Private Equity's $36 Billion Retail Bet Not Going So Well
Rising Gas Prices Spur Biggest Jump in Inflation Since 2009
Fed Sent Record $88.4 Billion Profit to US Treasury Last Year
Younger Generations Lag Parents in Wealth-Building

And finally…
Indian laptops that crash if users try to remove pictures of minister
"One and a half million laptops given to poor students by India's largest state government crash if their users try to remove pre-loaded screen savers featuring pictures of the new chief minister."
Women ninja from around the world to assemble in Tokyo
10 things your neighbors won't tell you

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