Tygodniowy przegląd wiadomości ze świata: 5-11.12

1. Przegląd wiadomości z tygodnia ubiegłego można znaleźć tutaj

2. Katastrofa nuklearna w Fukushimie – informacje znajdują się  tutaj. Ostatnia aktualizacja: 4.12.2011

3. Tygodniowy przegląd wiadomości ze świata (w wersji oryginalnej). Codzienne aktualizacje znajdują się na witrynie Rice’a Farmera.


Poland Needs to Spend 30% of Total Budget on IMF Bailouts to EU as Result of Merkozy Summit

Arab States May Suffer Foreign-Investment Slump

„Arab states have suffered a slump in foreign direct investment of as much as 24 percent this year as political unrest sweeps the region, according to the group that insures such funding against non-commercial risks.”

JPMorgan: Euro Breakup Speculation Will Intensify In Just A Few Months

U.S. Worried IMF Loans To Europe Could Lead To Losses

IMF Says Worsening Crisis May Force Hong Kong to Back Banks

Monti Drives Stake in Euro’s Heart — Sends Italy Down Greece-Paved Road!

US’ China dreams may now be a chimera

The Denials Begin: Interactive Brokers Is First To Claim It Has Not Engaged In Commingling Rehypothecation

Arab unrest takes $7bn toll as tourists flee to Europe

Debt woes come back to haunt Dubai

„More than two years after one of its showcase companies announced a „standstill” on its loan repayments, signaling the end of a real estate-fueled boom, a mountain of debt continues to cast a long shadow over Dubai’s economy.”

Dubai may use sovereign fund to repay debt

France may now be downgraded, says ratings agency

Britain Seethes, Germany Sulks, France Gloats; UK „Big Loser” Falls into „French Trap”?; Who is the „Real Loser”? Bazooka Math

Commerzbank may have to ask for new bailout

Due To Austerity, The Italian Catholic Church May Have To Begin Paying Property Tax

India Overstated Exports by $9 Billion

US electronics manufacturers latest to be hit by Thai flooding supply chain disruption

Europe pushes ahead with fiscal union, UK isolated

Max Keiser: Crazy Cameron suicidal with knife in Euro gunfight! (RT video)

Cameron Finally Tells Sarkozy Where to Go; New treaty Splits European Union; Extreme Legal Complications Already; Expect Discord to Rapidly Spread (Mish)

Moody’s downgrades top three French banks

Citi: Euro Collapse Would Spark Global Depression, Push Unemployment Above 20%

Czech Inflation Rate Rises to 11-Month High as Food Prices Gain

China, Japan, S. Korea, see slower growth

Because growth is dead. — RF

Risk of „really bad” Europe event growing (CNBC video)

Evolution Securities Warns Of „Total Carnage And Meltdown” As European Bank Sales Of CDS On European Sovereign Debt Soar

Monetary Flight; European CEOs Move Cash to Germany; Spanish Companies Expect Return to Peseta; Expect Capital Controls

Mexico’s Inflation Surges, Above Forecasts

Wall Street’s Response: The Summit Is A Failure

Dubai, state entities have $101.5bn debt pile

Dubai is just a pile of desert glitz pasted together with debt. It’s one of the places I definitely would not want to be when TSHTF. — RF

Like it or not, the euro is doomed (CNN Money)

European Central Bank Chief Offers No ‘Bazooka’ for Markets

G20 Officials Deny $600 Billion IMF Lending Facility Plan

EU Loans to IMF May Open Door to Brazil, China Help

„An agreement by European Union leaders to boost the International Monetary Fund’s resources may open the door to similar loans by nations from South Korea to Brazil in a global effort to stem the European debt crisis.”

Latest Irrelevant European Stress Test Results Leaked

Draghi Reiterates „Treaty Prohibits „Monetary Financing”; Market Sinks; Draghi Fuels then Sinks Rumor ECB will Step Up Bond Purchases; Europe Moves Towards Abyss

EU Banks Must Raise $153B of Extra Capital: EBA

„‘It looks as if the banks are running just to stand still,’ said Matthew Czepliewicz, a banking analyst at Collins Stewart in London. ‘The backdrop has worsened, therefore banks in the interim have decided to lower their sovereign holdings and some have raised equity, so they’ve reacted and yet the aggregate number hasn’t changed much.’”

Forget Europe… Germany’s Got Its Own Problems to Deal With

„German banks post some of the highest leverage rations in Europe: higher that Italy, higher than Ireland, even higher than Greece.”

Why The UK Trail Of The MF Global Collapse May Have „Apocalyptic” Consequences For The Eurozone, Canadian Banks, Jefferies And Everyone Else

Ryanair passengers face £100 bag charge

Middle East airline profits to halve, warns IATA

Debt-laden Air Berlin searches globe for investor

Natural Disaster in China Would Severely Disrupt Global Supply Chains

REPORT: At Least One European Central Bank Is Dusting Off Its Old Printing Press

Australian unemployment rate ticks up to 5.3%

ADB downgrades growth forecasts for Asian economies

Dubai denies plan to restructure debt in 2012

„Dubai’s government on Wednesday denied a report that the emirate plans to restructure debt of state-owned companies next year and said it was ready to support them through ‘various options’.”

Dubai’s biggest bank may need $2.2bn for bad loans

„Emirates NBD, the UAE’s biggest bank by assets, may need to set aside as much as AED8bn ($2.2bn) by the end of 2013 to cover for bad loans, Goldman Sachs said.”

Nakheel says paid out nearly $2bn to trade creditors

Greek parliament approves 2012 austerity budget

Eurozone: France and Germany urge common taxes

Germany pours cold water on EU summit hopes

„Pessimistic comments from EU paymaster Germany and new figures exposing deepening stress among Europe’s banks dented financial market hopes of a turning point in the euro zone’s debt crisis at a summit this week.”

Merkozy Dog-and-Pony Show is Nothing but Fleas; Immense Arrogance, Loose Cannons, No Credibility

S&P puts European Union on watch for credit downgrade

Deutsche Bank, BNP May Be Cut by S&P

How The European Endgame Will be the Death Knell for Modern Economics (Gregor Macdonald)

As Europe’s Bond Market Dries Up, Traders Fear for Jobs

IATA downgrades 2012 profit forecast 28.6%

The global airline industry’s death spiral continues. — RF

Saab administrator to end restructuring attempt

Short-Seller Chanos: Moody’s, S&P (optimism) Wrong on China

Poll: Investors Predict China Bank Crisis

China – the next big crisis?

Pivot Capital On China’s Investment Boom (And Pending Bust)

Downgrade threat could prove final blow to euro rescue fund

„The threat of a credit downgrade to the euro zone’s top economies leaves the bloc’s EFSF bailout fund dangerously exposed, piling yet more pressure on the European Central Bank to step in as lender of last resort.”

Bargain Bank Values in Europe Fail to Lure Buyers as Debt Crisis Deepens

ECB Confirms Shadow Banking System In Europe In Tatters

Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again

Container shipping industry to incur 2012 losses

„Significant losses of about $15-billion were observed among the major container shipping lines in 2009, and I believe that we will observe a similar trend in the upcoming year. The industry earnings last year were in the region of $10-million but the 2011 fiscal year is looking like an absolute disaster.”

Central Banks ‘Planning for Euro Area Break-Up’

No Way to Hold Eurozone Together

Anxious Greeks Emptying Their Bank Accounts

Radical eurozone shakeup could see Brussels get austerity powers

„The European commission could be empowered to impose austerity measures on eurozone countries that are being bailed out, usurping the functions of government in countries such as Greece, Ireland, or Portugal.

„Bailed-out countries could also be stripped of their voting rights in theEuropean Union, under radical proposals that have been circulating at the highest level in Brussels before this week’s crucial EU summit on the sovereign debt crisis.”

Brazil’s economic growth stalls in third quarter

„Its GDP growth was zero compared with the previous quarter, said the country’s IBGE statistical bureau.”

Weiss Ratings downgrades 5 European countries! New euro-zone rescue schemes dead on arrival!

Toilet paper restrictions imposed on schoolchildren in Spain in latest austerity cuts

Geithner Doesn’t See Fed Funding IMF Euro Response

German Opposition Warns of Euro Collapse Dangers

„Former German finance minister Peer Steinbrueck, an opposition leader and possible candidate for chancellor in 2013, warned on Tuesday of the perils of a collapse of the euro zone, saying it could revive nationalist sentiment in Europe.”

12 of 26 Economists in Financial Times Survey See Probability of Eurozone Breakup at 20 to 30 Percent; What are the True Odds?

Has The Imploding European Shadow Banking System Forced The Bundesbank To Prepare For Plan B?

From America to Asia, we’re all in the euro zone: What happens in Europe won’t stay in Europe

S&P warns of possible downgrades of 15 euro zone nations
China slowdown spreading, HSBC services PMI shows

„China’s services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers’ index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.”

Egypt’s Economy Reels as Capital Flees

„Political unrest is hurting Egypt’s economy: GDP is falling, factories are closing, and the nation’s finances are worsening”

Euro-Zone Business Activity Slows

„The euro zone’s four largest economies all showed a slowdown in business activity in November, with German activity shrinking for the first time in 2½ years.”

Eurozone crisis: Germany and France agree rescue package

Germany Wants to Punish ‘Debt Sinners’

The ‘Austerity Club’ Euro Deal Is Not Going To Work

Debt-hit Ireland unveils budget cuts

Zilch again from Merkozy (Ambrose Evans-Pritchard)


Monti’s „Save Italy” Package Sure to Cause „Super Recession” (Mish)

After Massive Job Cuts, Wall Street’s a Different Place

„Around the globe, more than 220,000 financial service positions are slated to disappear this year. They won’t necessarily come back”

Euro debt bondage could breed Tech Wreck

A grim assessment from Down Under. — RF

Global economic crisis looms, says Rudd

„Foreign Minister Kevin Rudd has warned that the world is teetering on the brink of another financial crisis, as he made his first foray at the ALP’s national conference.”

Bank-Run Risk in the Shadows

Europe, Systemic Risk And The Governing Elite

Decade-Long European Recession Coming Up; Reflections on the Un-Level Playing Field


Armed groups clash in turf war near Tripoli airport

Iran says EU „definitely” will not impose oil sanctions

Bodies lie uncollected as Homs becomes war zone

Syria behind attack on French troops in Lebanon: Juppe

„France’s Foreign Minister Alain Juppe said on Sunday Paris believed Syria was behind attacks on its troops in Lebanon earlier this week.”

Inside Syria: the rebel call for arms and ammunition

Assad regime hold on Syria more tenuous as thousands take part in general strike

„The Syrian government’s increasingly tenuous hold on power weakened further as rebels struck military targets across the country and thousands of businesses shut down in response to an opposition-called general strike.”

Pakistan: US Military Vacates Pakistani Air Base by Deadline

Chinese businessmen exempted from visa fee (Pakistan)

China’s Pakistan Conundrum (Foreign Affairs)

Pakistan’s airspace may be closed for US: Gilani

„Pakistan may continue blocking NATO supply convoys into Afghanistan for several weeks and would not rule out closing its airspace to the US, Prime Minister Yousuf Raza Gilani said on Sunday.”

U.S. Commander Backs Afghan Militia Program

Huge numbers of Iraqis still adrift within the country

Nato training mission in Iraq on verge of collapse

„Nato’s training mission in Iraq was on the point of collapse on Sunday after the alliance failed to win assurances from Baghdad that its forces would be immune from prosecution.”

German Arms Exporters Book Record Sales

Pakistani Editorial Says Nuclear War with India „Inevitable” as Water Dispute Continues

NATO supply suspension continues for 13th day

Afghanistan: The Pressure is Now on Central Asian Supply Route

Israeli raids kill 4 Gazans; rockets fired at Israel

Risk of Israel/U.S. strike on Iran has tripled: Barclays Capital

Downed US Drone in Iran Reveals Broader Covert War

Obama administration debuts ‘action plan’ for U.S.-Canadian security cooperation

Inside Syria: lightly armed townsfolk take on tanks as army closes in

Syria crisis: Assad regime forces issue 72-hour deadline for end to protests in Homs

South Sudan Nhial Deng Nhial: We are on brink of war

Letter bomb explodes at tax collection office in Rome

Marines train for big at-sea takedowns

Cargo theft showing ‘alarming’ rise in Argentina

Pakistan says U.S. drones in its air space will be shot down

Russia sends warship to Somali coast

China launches river patrol with neighbors

U.S. in Talks to Rebuild Libyan Army

Sectarian bloodshed worsens in Syria

Syria says pipeline blown up by rebel saboteurs

NATO fuel tankers torched in Pakistan attack

„Assailants torched more than 20 tankers in Pakistan carrying fuel for U.S. and NATO troops in neighboring Afghanistan on Thursday, in the first reported attack since Islamabad closed the border to protest coalition airstrikes that killed 24 Pakistani troops last month.”

Russia says time running out for NATO missile deal

Fear, speculation in Iran over military strike

„The threat of military strikes on Iran has upturned the quiet and comfortable lives once enjoyed by many Iranians, ushering in a new era of struggle and fear.”

It’s called terror. — RF

Karzai Afghan „President for Life?” Bad for Democracy, Good for Pipelines

UBS’ Advice On What To Buy In Case Of Eurozone Breakup: „Precious Metals, Tinned Goods And Small Calibre Weapons”

Italian anarchists claim letter bomb, hint at more

US donates training, equipment to help Paraguay fight guerrilla band

Clinton Vows to ‘Press Forward on Missile Defense’ Over Russian Objections

Russia rejects Iran oil ban

Doomsday war games: Pentagon’s 3 nightmare scenarios

Combating piracy: Shipping to become costlier

Togo: Joining Forces to Fight Piracy in the Gulf of Guinea

Drone Lost in Iran Was Joint CIA-Military Reconnaissance Plane

Chinese, US defence officials meet

„Chinese and US defence officials are meeting in Beijing for their highest-level contacts since recent friction over plans to strengthen the American military presence in the Pacific and arms sales to Taiwan.”

Iran: U.S. Virtual Embassy Blocked

Saudi Prince Calls for Kingdom to Acquire WMDs

Could War Flare Again Between Iraq and Kuwait?

U.S. commandos fan out in remote Africa to help find brutal rebels
Rumors of ‘silent coup’ as Pakistan President Zardari heads to hospital

„Aides to President Zardari rubbish the rumors, which have quickly gained credibility among the Pakistani public because of the perception that this government is on its last legs.”

U.S. to aid Lebanese border defense

Obama’s risky oil threat to China

China’s Hu to PLA Navy: Be Ready for Combat

Saudi Arabia may join nuclear arms race: ex-spy chief

Soft Spot: Afghan supply route reveals US frailty (RT video)

U.S.’s Afghan Headache: $400-a-Gallon Gasoline

Explosion rocks shrine in Kabul

Afghanistan attack: parallels with Iraq in attempt to ignite sectarian civil war

Pakistan has role in any talks with Taliban: Karzai

Who wins, who loses if Iran’s oil is cut

EU thinks twice about Iran oil ban

„The European Union is becoming skeptical about slapping sanctions on imports of Iranian oil, diplomats and traders say, as awareness grows that the embargo could damage its own economy without doing much to undercut to Iran’s oil revenues.”

Hillary Clinton to meet Syrian opposition leaders in Geneva

U.S. Built Its Own Secret Pakistani Spy Service

Dozens of bodies dumped in Syria, activists say

Amid Arab Spring, Israel seeks new friends

Indonesia buys 3 submarines from South Korea

Singapore Commissions First Archer-class Sub

Why the Middle East Is Keeping Oil Traders, Politicians Awake at Night

U.S. ramps up warnings on Iran strike risks

„The United States has pointedly ramped up its public warnings over the last few weeks about the risks of military action against Iran, accompanied by private words of caution to Israel, which sees Tehran’s nuclear push as a direct threat.”

Mysterious blasts, slayings suggest covert efforts in Iran

‘Toppling Assad is proxy war against Iran’

Iran’s Revolutionary Guards prepare for war

„Iran’s Revolutionary Guards have been put on a war footing amid increasing signs that the West is taking direct action to cripple Iran’s nuclear programme.”

Analysis: „Cold War” with Iran heats up across Mideast

Senior US official: American drone in Iranian hands

Hillary Clinton compares parts of Israel to Jim Crow south

Israel furious at Hillary Clinton’s concern for democracy in country

Argentina launches naval campaign to isolate Falkland Islands

„Argentina has launched a naval campaign to isolate the Falkland Islands that has seen it detain Spanish fishing vessels on suspicion of breaking the country’s „blockade” of the seas around the British territories.”

Syria conducts war games

Iraq bomb attacks on Shiites kill 18

Warning from a Chinese Professor

„Zhang Zhaozhong is a professor at the Chinese National Defense University, and published a book in 1999 titled Who is the Next Target? Of course, the target is America.”


Opposition grows to Occupy’s port shutdown plan

Cops raid Occupy San Francisco at Federal Reserve

Police use tear gas to disperse Riots, Roads blocked in qatraneh (Jordan)

Anti-gas loadshedding protest: big processions taken out in Faisalabad (Pakistan)

„Processionists blocked traffic on various roads for several hours and burnt tyres in the middle of roads.”

India anti-corruption activist Hazare holds short fast

Russians Rally in Biggest Nationwide Protests Against Putin

Police evict Occupy Boston protesters; 46 arrested

Occupy DC Prepares for Its Valley Forge

Faced with evictions, occupy movement protesters look to new tactics

„Disrupted by police, Occupy movements in several major cities now mobilize largely during daytime hours or through marches designed around specific issues. Some are aligning with local community groups, churches, and unions.”

China unrest spreads to bamboo furniture factory

„Hundreds of Chinese workers at a bankrupt furniture factory staged a mass rally on Thursday, facing off with riot police in the latest flare-up of industrial unrest.”

Tear gas in the forest amid Italy rail protest

Occupy camp in Boston lives on past deadline

Protesters arrested in DC after K Street shutdown

Bahrain police fire tear gas at protesters

Russia braces for biggest protests of Putin era

JCS Chair Worries About Euro, Potential Unrest

The Empire Strikes Back: Putin Sends in the Storm Troopers

Minya protesters block rails over gas shortage (Egypt)

„Hundreds of residents of Bergaya village blocked train traffic for two hours in Minya as they lay down on the rails during a protest over a butane gas shortage.”

Protesters shut down ancient Egypt temple

Occupy Movement Seeks Refuge in Court as Evictions Mount

Shanghai strike enters 7th day

Workers protest at Hitachi plant in China – report

Labor unrest at Venezuelan steelmaker slows output

Italy’s FIOM union joins anti-austerity strike

Bulgarian farmers protest against subsidy cuts

Protesters pitch tents on National Mall for week of economic protests at Capitol, on K Street

Protesters sit in at congressional offices

Dozens of Occupy protesters arrested in Washington

Police clear Occupy SF in early morning raid

Police clear out Occupy New Orleans camp

Russia’s anti-Putin protests grow

Demos staged over working agreement

„Construction workers staged a series of demonstrations at sites across the UK today in the continuing row over pay and conditions in the industry.”

Injuries as Bahrain police ‘attack’ protest

Occupy protesters take over foreclosed homes

Exclusive Video: Tension, Dissension and Construction in Occupied DC

Greek police fire tear gas at protesters in Athens

Russian election: police, troops and youth groups stifle anti-Putin protests

Russia’s ‘Arab Spring’? Clashes break out in 2 cities

Dozen detained in Singapore-owned plant strike in Shanghai

„Chinese police detained around a dozen workers at a Singapore-owned electronics plant in Shanghai on Dec. 6 as a strike involving over 200 workers extended into its seventh day in the latest labor unrest to hit the country.”

Super Rich vs. 99%: Class war will explode (Paul Farrell)

Police include Occupy movement on ‘terror’ list (UK)

Russia election descends into violence as riot police clash with protesters

Occupy movement shifts focus to foreclosures (video)

Occupy Wall Street, Act II: Go local

Chinese leaders fret about unrest as economy sours

First self-immolation in Tibet Autonomous Region reported

Anti-royal graffiti on walls of eastern Saudi

Protesters close main southern road over power shortage (Lebanon)


Has the world reached economic peak oil? (David Strahan; a good read)

Asian refiners have little thirst for more Saudi oil

„The Saudi output figure, the highest for the kingdom in decades, was greeted with some scepticism by analysts.”

EU Economic Woes May Harm Global Oil Demand, Khatibi Tells Shana

Diesel shortage hits large development projects (Nepal)

Bangalore: Without Coal, Thermal Plants may have to be Shut

„The severe shortage of coal hampering power generation in the thermal power plants in Karnataka figured in the Karnataka Legislative Assembly on Friday again with Energy Minister Shobha Karandlaje coming with a dire warning that the State may be forced to shut down all its thermal power plants if sufficient supply of coal was not ensured.”

How to Choose the Right Woodstove

If you can afford it, I highly recommend a catalytic model. You will be amazed at the clean burning and efficiency. I need to clean my chimney only once a year. — RF

Can space heaters lower your energy bill?

Central heating is going the way of the dinosaurs. This is a good way to start reducing dependence on something we’re going to lose, anyway. — RF

Bill Gates’s Nuke Startup Flirting With More Than Just China

Poor margins force Asia refiners to cut output

„Refineries in Asia are struggling with slumping profits from processing high-cost crude into oil products as demand for their exports fails to rise in winter, with at least two companies reducing output in December.”

Faster migration to renewable sources can fill gaps in electricity generation

„Electricity generation in the GCC is straining fossil fuel reserves, shortening their duration and contributing to an already high CO2 footprint.

„In addition, using oil or gas as the primary source for domestic electricity consumption manifests a lost opportunity in monetizing the export of oil and gas and their derivatives.”

Energy crisis deepens (Pakistan)

„There have been protests over electricity loadshedding, which never ended. Now people are coming out to protest gas load management. Even housewives have to come out to protest. They cannot send their children to school without breakfast.”

Kenya: Power Fault Leads to Biting Fuel Shortage

„An electrical fault at a power line that serves the Mombasa – Nairobi pipeline is to blame for the current fuel shortage across the country.”

House wives turn to charcoal amid LPG shortage (Kenya)

Blackout worries create uncertainty at Texas companies

Fears of pumps running dry in Cape (South Africa)

„A major fuel company says it has urgently diverted a fuel tanker on its way to Durban to Cape Town to alleviate a growing fuel shortage across the province and parts of SA.”

Diesel in short supply (Nepal)

„Diesel shortage hit the market as Nepal Oil Corporation (NOC) amid soaring losses failed to make adequate payment to the Indian supplier for ensuring normal supplies.”

Ukraine offers Montenegro assistance in electricity shortage problem, says Azarov

What Peak Oil Looks Like (worthwhile essay)

Egypt army, police to guard cooking gas supplies

„Egypt’s police and army will deploy to protect deliveries of subsidised butane cooking gas after shortages sparked thefts and countrywide protests, the newspaper al-Ahram quoted the minister of social solidarity on Wednesday as saying.”

Global Scarcity of Uranium Looms

„Challenges in sourcing funds for new mining projects, interruptions in both new and ongoing mine production, as well as the conclusion of the Highly Enriched Uranium agreement are near-perfect ingredients for a shortage of uranium in the very near future, a top producer warns.”

Another nail in the coffin of the „nuclear renaissance.” — RF

Coal India cuts target

„There is bad news for the power plants, which are currently struggling with inadequate coal stocks. State-run Coal India Limited (CIL) on Wednesday announced that it had lowered its production target for the fiscal year to 440 million tonnes from 453 million tonnes outlined in its annual plan.”

Germany: Renewables revolution

„German technology companies, however, are facing a severe shortage of skilled engineers.”

And that worldwide shortage is one of the factors killing off industrial civilization. — RF

Power rationing ruling alarms consumer groups (Australia)

Are Coal Power Plants Now too Expensive to Pursue?

Gazprom Said to Stall on RWE Talks as Germany’s Electricity Market Falters

China wants Sudan oil deal by Christmas: special envoy

AP suffers Rs 12,000 cr production loss due to power shortage (India)

Tajikistan: Energy Shortage Accelerates Deforestation

Fuel shortages hit Cape Town, Gauteng (South Africa)

Rare earth metal shortage a ‘ticking time-bomb’

Lithium, Cobalt Among Minerals Facing Chronic Shortage, PwC Says

„Seven manufacturing industries may be seriously affected by a critical shortage of raw materials ‘which could disrupt entire supply chains and economies,’ PwC said in a report today based on a survey of senior executives from 69 manufacturers.

„‘Many businesses now recognize that we are living beyond the planet’s means,’ Malcolm Preston, PwC’s global sustainability leader, said in the report. ‘New business models will be fundamental to the ability to respond appropriately to the risks and opportunities posed by the scarcity of minerals and metals.’”

Global Nuclear Generation Capacity Falls

Looks like the „nuclear renaissance” has been put on hold. — RF

Bill Gates and China may build nuclear reactor

Get back to Gulf of Mexico, API urges

„Energy companies need to get back to work in the Gulf of Mexico to spur economic recovery, an oil advocate said from Qatar.”

Big Oil Heads Back Home (WSJ)

This reads more like a propaganda piece than an objective assessment, but judge for yourself. — RF

Petroleum industry confronts water use

Oh, did I mention that shale oil extraction consumes a lot of water? — RF

India sees no issues with Iran oil imports

Saudi Arabia finds more gas, not for use now

We’ve been hearing for several years now that KSA is going to leave newly discovered oil and gas for the future. See following article in this connection. — RF

Saudi Arabia – Headed for a Downfall?

Saudi Arabia Crude-Oil Production Rises to Highest Level in Three Decades (Bloomberg)

Saudi Aramco to spend $17bn on Manifa oil field

Fuel rationing continues (Canada)

„As I stood at the local card lock fuelling station recently, a sign on the pump cautioned me that it would cut out when I’d loaded 300 litres, everyone’s daily quota of diesel fuel these days. A couple of weeks ago someone had crossed out the previous 500 litre amount on the sign and wrote in the new, lower limit. Sadly, these notices have been around for a while; and although the overall situation has improved, things still aren’t back to normal.”

Is The Amount of Energy Put Into Mining, Processing, and ShippingUranium, Plant Construction, Operation, and Decommissioning GREATER than the Energy a Nuclear Plant Can Produce In Its Lifetime?

Texas Faces Blackouts as Grid Supply Fails to Meet Demand

End of easy oil means work for Exxon, BP

„The Middle East will need more help from international investors to keep the title of world’s biggest oil and gas producer because its remaining deposits are harder to get at.”

How Saudi oil could start World War III

Indonesian minister calls for coal exports restrictions

„Indonesia’s enterprises minister Mr Dahlan Iskan has urged for the limitation of coal exports in order to secure enough coal for domestic needs.”

Kyrgyzstan Announces Power Rationing

What Will Renewable Energy Really Cost?

Navy’s Big Biofuel Bet: 450,000 Gallons at 8 Times the Price of Oil

Europe needs our oil, Iranians say

Cameco’s Gitzel Says Uranium Supply Deficit May Loom

Brent rises above $110 on Iran supply risk

A Reality Check on U.S. Oil Imports and the Shale Revolution for Mortimer Zuckerman (TOD)

Power outage 6 hrs per day from Monday (Nepal)

Kenya: Fuel and Gas Shortage Continues Around City


Vandalism could cripple power supply (Uganda)

Thieves in Maine make off with 8 propane tanks, 6 were newly filled

I imagine they also wanted the fuel. — RF

Sacramento area officials fight copper wire theft

Stolen copper gutters latest trend in metal thefts (US)


UN warns of food shortage in Kenya

Funds shortage paralyses food security ministry (Pakistan)

Ukraine: losses of winter grain crop failure may reach 2 bln UAH – Ministry of Agrarian Policy

Insects Find Crack In Biotech Corn’s Armor

„In fact, the gene’s apparent failure, as reported in the journal PLoS One, may be the most serious threat to a genetically modified crop in the U.S. since farmers first started growing them 15 years ago. The economic impact could be ‘huge,’ says the University of Arizona’s Bruce Tabashnik, one of the country’s top experts on the adaptation of insects to genetically engineered crops. Billions of dollars are at stake.”

The Destruction of Canada’s Family Farm

Georgia Farmers Create, Sell Olive Oil For First Time In Over A Century

Food crisis looms (Ghana)

One Quarter of World’s Agricultural Land ‘Highly Degraded’, UN Report Concludes

How global finance fuels a secretive and unethical land grab in Africa (The Ecologist)

Organic Farming 101: Farm Sitting for the Farmer-in-Training

Wheat Prices Shredded With Near-Record Crop Boosting Reserves: Commodities

This is good news for those of us who like to eat. — RF

Seed shortage a potential problem (US)

„Shortages of seed in some crop types are almost a certainty leading into the 2012 planting season. Due to poor spring planting conditions in North Dakota, durum, barley and edible bean seed acres were greatly reduced in 2011. In the case of barley, a reduction in malt contracts over the past two years has also negatively influenced seed production.”

Butter shortage keeps spreading (Norway)

How to Plant a Square-Foot Garden

A Maine Farmer Speaks to Wall Street

„I have not spoken to one farmer who doesn’t understand the message of Occupy Wall Street, the message that so many people keep saying is nebulous. It’s very clear. Because of business and corporate participation in agriculture, farmers are losing their livelihoods.”

France Takes Stand Against GMOs, Monsanto Despite End of Ban

Massive roof farm planned for Berlin

But as buildings deteriorate, roof farms will become unusable. — RF


Fracking: Pollution finding could hurt gas drilling

‘Modest’ gains as UN climate deal struck

S. Korea, Russia to survey radiation in seawater

What’s on Your Face? Ten Most Toxic Cosmetics

Durban climate change: Talks descend into farce

EPA Report Links Fracking To Water Pollution

Polar Bear Eats Cub: Cannibalism May Be On The Rise (GRAPHIC PHOTOS)

USA slammed by 12 disasters that each cost at least $1B

China begins to admit ‘fog’ is really smog

Scientists confirm Himalayan glacial melting

Three-quarters of English Channel sea birds contain toxic levels of plastic

Heavy Beijing smog causes flight delays, cancellations

The Age of Thirst in the American West


Joe Biden Drafted the Core of the Patriot Act in 1995 … Before the Oklahoma City Bombing

Senator Wants Answers from DHS Over Domain Name Seizures

When Things Fall Apart: Disorientation, Desperation, Chaos

Cloud Computing Stressing Aging Networking Infrastructures

Downed US drone: How Iran caught the ‘beast’

No infrastructure upgrade, all roads lead to traffic jams (India)

If you think you’ll save money with cloud computing, think again

Cyber attacks could wreck world oil supply

„Hackers are bombarding the world’s computer controlled energy sector, conducting industrial espionage and threatening potential global havoc through oil supply disruption.”

Should Homeland Security control the electrical grid? Maybe

Hidden in plain sight: Inside a secret CIA prison

Google eyes Asia growth with new data centres

India to ban ‘offensive’ Internet material

Investors flock to growing security sector

Teen stopped at airport for design on purse

The national-security state has gone completely over the top. — RF

Drone that crashed in Iran may give away U.S. secrets

Library of Congress to receive entire Twitter archive

Insider: $56 Billion Later, Airport Security Is Junk

Phone ‘Rootkit’ Maker Carrier IQ May Have Violated Wiretap Law In Millions Of Cases

U.S. power grid needs cybersecurity protection: panel


Radioactive water leaks at Japan’s Kyushu nuclear plant

Chinese tourists drive Japan’s winter resort recovery

Dependence on Chinese tourists is a bad sign. — RF

TEPCO to depend on foreign companies for Fukushima plant insurance

„Tokyo Electric Power Co. plans to seek insurance from foreign companies for its Fukushima Daiichi nuclear plant as Japanese insurers have refused to renew coverage expiring in January, industry sources said Friday.”

Nobel laureate, citizens urge abolition of nuclear reactors

Firms facing labor shortages at Vietnam plants

„Japanese companies that built plants in Vietnam to capitalize on its lowly paid workforce are finding the country is no longer such a cheap and abundant source of labor.

„Wages have risen steeply in Vietnam in line with the country’s rapid economic development, while fierce competition for skilled workers has increased worker turnover rates at plants built by Japanese firms.”

Full radiation cleanup won’t begin until at least late March

Radioactive water leaks inside Japan plant (not Fukushima)

Toyota Motor halves profit forecast due to Thai floods

Japan Extends Tax Break to Aid Automakers

Govt Decides On Y150bn Cut In Automobile Tonnage Tax

Japan’s Prime Minister Says Crippled Nuke Plant Will Be Stable By Year’s End

Which is only the beginning. And not a moment should be lost in starting the cold shutdown of all the rest of the world’s nuclear reactors, while grid power is still available. — RF

Govt raises fund limit for TEPCO

Half of Fukushima examinees exposed to radiation above annual limit

Japan’s parliament OKs nuclear accords with 4 countries

Tepco mulls 10% rate hike tied to ’13 Niigata reactor restart

TEPCO shelves plan to dump radioactive water into sea

Irradiated Baby Food Spotlights Ongoing Woes for Japan’s Food Sector

Japan Expands Rice-Shipment Ban as Contamination Spreads

Tepco may dump decontaminated water from nuclear plant into sea

„The operator of Japan’s crippled Fukushima nuclear power plant said on Thursday that it is considering dumping water it treated for radiation contamination into the ocean as early as March, prompting protests from fishing groups.”

Long and tough road ahead for work to decommission Fukushima nuclear reactors

Military starts decontamination work

News Navigator: How much time and money are needed to dispose of the Fukushima reactors?

This does not even include the costs of 100,000 years of waste management. — RF

Tepco may be nationalized to stay afloat

This was all so predictable. And it’s only the beginning, because in the future the government will find itself taking over more utilities in an effort to keep the electricity flowing. — RF

M’bishi Motors Cuts Domestic Output Capacity 10%

„TOKYO (Nikkei)–Mitsubishi Motors Corp. (7211) has scaled back its domestic output capacity nearly 10% to 770,000 units a year, idling a production line at the end of last month.”

Kansai braces for power shortages after Kepco halts reactor

Nuclear reactor in Fukui to be shut down due to cooling valve glitch

When All Else Fails, Change The Math: Japan To Fudge GDP Calculation, Will Add Up To 2% To GDP

Oct Core Machinery Orders Down 6.9% On Month

Tepco eyes selling thermal plants to raise cash

Japan’s own debt crisis is closer than you think

Nuclear Expert: Tepco is admitting they are very close to China Syndrome at Fukushima, where melted fuel penetrates earth (VIDEO)

Fukushima: Inside the Exclusion Zone (gallery)

‘Gold For Bonds’ in Japan as Bond Buyers Get Gold Coins – May Enhance Returns 5.9 Times

So this is what they’ve got to do now to induce bond purchases. — RF

Radioactive cesium found in Meiji baby formula

Water containing strontium leaked into Pacific: TEPCO

More radioactive water leaks at Japanese plant

Fewer Options for Tokyo’s Debt Buyers

Scientists call for dumping radioactive soil into sea


Top China official urges more ‘forceful’ web controls

„A top Chinese government official has urged authorities to be „more forceful” in the way they manage the web, state media said, as Beijing tries to tighten online controls over fears of social unrest.”

Yuan Offshore Markets May Curb China’s Control of Asset Bubbles, BIS Says

Chinese natural gas imports up by 86pct

China Story Turns Negative (WSJ)

China’s Weakest Export Growth Since 2009 Raises Odds of More Easing by Wen

Satellite Pictures Of The Empty Chinese Cities Where Home Prices Are Crashing

Absolutely stunning. You’ve got to see it to believe it. — RF

China November Commodity Imports Surge on Shortages

China Nov power output growth slowest in 10 months

China’s Property Investment Freeze (WSJ)

„Sales of residential property have stayed as frosty as the Beijing winter. The government has chased speculators out of the market, and falling prices have everyone else waiting on the sidelines. November data, released by the National Bureau of Statistics on Friday, showed sales volumes fell 3.3% year-to-year, after an 11.6% drop in October.”

Chinese Real Estate in Early Stages of Bubble: Chanos

„The popping of the Chinese real estate bubble has just begun, with the nation likely to experience the types of problems the U.S. has encountered over the past five years, hedge fund titan Jim Chanos told CNBC.”

China Nov crude steel output falls to 14-mth low

The Global Crisis Reaches China: Unrest Spreads as Growth Stalls

China’s economic engines slow–credit eased

China Alarms Go Off — Time to Hedge Bets

If China’s Property Bubble Bursts

Nuclear power to become ‘foundation’ of country’s electrical system

China’s tweeting cops blog to keep peace

China braces as European crisis adds to strains

China factory unrest spreads amid economic uncertainty

Chinese Solar Industry Fueled By Unsustainable Debt, Analysts Say

China warns of ‘severe challenges’ to exports to West

China’s Hu urges navy to prepare for combat

„Chinese President Hu Jintao on Tuesday urged the navy to prepare for military combat, amid growing regional tensions over maritime disputes and a U.S. campaign to assert itself as a Pacific power.”

Vanke Reports Deepest Property Sales Slide of 2011

China’s Booming Pork Industry Leads to Surging Demand at AdFeed and Zhongpin

Ominous Ordos: Dispatch from a Chinese Ghost Town

Pictures emerge showing Chinese repression in Tibet


U.K. Coalition Breakup Would Cause Disaster

„U.K. Deputy Prime Minister Nick Clegg said a breakup of the coalition government would spell „economic disaster” for Britain while saying he was „bitterly disappointed” by last week’s European Union summit.”

Watch out for the oil thieves

„Last year there were 176 thefts recorded across Worcestershire, Herefordshire, Shropshire and Telford and Wrekin where tanks were drained of oil.”

McCausland ‘appalled’ by winter payment fuel cuts

The UK is as Isolated as Somebody Who Refused to Join the Titanic Just Before it Sailed

At northern U.K. nuclear facility, decades of dismantling work remain

Yet, few will learn any lessons from this. — RF

Wind farm operator launches investigation into wind turbine blaze

Hurricane causes £100m blow to economy

Stormy winds disrupt schools and transport

Northern Ireland pharmacists ‘use loans to stay open’

„Pharmacists who work in the community have told the BBC they are resorting to bank loans and even cashing in pensions to keep their businesses open.”

600 council jobs could face axe

How a Break-Up of the Euro Zone Could Crush the UK

Public disorder ‘one of main issues facing police’

„Public disorder will be ‘one of the main issues’ facing British police for up to the next three years, according to former Metropolitan Police commissioner Lord Stevens.

„He said it was his ‘gut feeling and beyond’ that violence on the streets would put officers in ‘very difficult’ situations.”

Income inequality growing faster in UK than any other rich country, says OECD

Archbishop of Canterbury says riots will return unless we reach out to young

Royal Navy to train sailors without sending them to sea

„First the Royal Navy was left with aircraft carriers but no aircraft, then it emerged that British waters would no longer be protected by a warship on emergency standby because resources were so stretched.”


Northeast states cut heating aid to poor

Minnesota’s home-heating assistance fund running out

How many Americans will freeze to death this winter? — RF

Long-term jobless eye bleak future as benefits end

Police employ Predator drone spy planes on home front

Warnings bode ill for earnings

„On top of euro-zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely.”

U.S. proposes unmanned border crossing with Mexico

Pentagon Spending Crunch Threatens Major Programs

U.S. drivers spend record amount on gasoline in 2011

30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010

Because that’s the way money works. — RF

Social Security Is Running Out Of Money At Least 5 Years Ahead Of Schedule

Public Retirement Ages Come Under Greater Scrutiny

Obama says he doesn’t want to redistribute wealth

Gerald Celente: We’re going into an economic 9/11 (RT video; must see)

About that jobs report…

More Broken Bridges than Golden Arches: U.S. Urban Infrastructure Infographic

Wow! America really is literally falling apart. — RF

Unprecedented Boom Has Jobs Looking for People in North Dakota

Keep watching for the inevitable bust coming after they’ve burned through their capital. — RF

Ford recalls 129,000 sedans; wheels may fall off

Symbolic of the economy as a whole. — RF

The 12 Days Of Christmas? That’ll Cost You A Record $101,119.84

————— Poverty Nation —————-

Working Americans Get Smaller Slice of Pie

U.S. household wealth takes biggest hit since 2008

„At the same time, corporations increased their cash stockpiles to record levels.”

Shocking Charts And Statistics That Prove That America Is No Longer A Wealthy Nation

Americans are poorer than they think

„Compared to the typical Japanese or European, the typical American is only half as rich. Half the people in the US have less than $53,000 net worth. You can imagine what the bottom 20% have.”

To save money, families opt for cremation

Hungry, needy kids swell lunch lines

Delinquent mortgage squatting time sets new record

Report: California’s middle class shrinks to below 50 percent


California officials vow to crack down on underground economy

Re-Invested Cash Explains This Week’s $1B Muni Fund Inflow

Because growth is dead, muni bonds will inevitably crash and burn. Be warned. — RF

Back to Basics: Indian Nation looks to the past to create healthier future

Slower payments hitting some construction firms

U.S. Household Net Worth Falls $2.45 Trillion

Population in Richest Zip Codes Keeps Growing

MF Global’s Corzine: I did not intend to break rules

„Jon Corzine said he „never intended to break any rules” while he was chief of MF Global and that he doesn’t know what happened to the hundreds of millions of dollars in missing customer money.”

Still, these are small fish, and arguably a distraction. Colossal sums of money disappear from government books, and it’s just shrugged off. And no one has gone to jail for running the biggest scam of all time: the Ponzi scheme infinite growth economy and its banking system. — RF

Food Stamp Fraud Targeted, but Not Bank Fraud

Dover Air Base dumped 274 US troop remains at landfill

Bloomberg News confirms that stock market was rigged

8 charts from a brave new banking and economic system

Temporary and Contract Employment in Contraction Every Week vs. Same Week Year Ago Since Mid-August

The Triple Threat to Baby Boomers’ Retirement Plans

Alabama farmers look to replace migrants with prisoners

Here’s your cheap food. — RF

Prolonged outage generates rage toward Edison

Corporations Are Evil People (Infographic)

AstraZeneca slashes 1,150 U.S. sales jobs

Hillary Clinton turns to think tankers for new Foreign Affairs Policy Board

„Clinton’s panel, modeled on the Defense Policy Board at the Pentagon, appears to be the newest effort to make the State Department more like the Department of Defense.”

Rich, poor gap will show up under the tree

Shoppers Say ‘Ho-Hum’ Not ‘Ho-Ho-Ho’ to Sales

12 Eurozone Downgrade Shock Waves Could Slam Into US Economy

„6. Derivatives — A potential euro collapse threatens the possible near term annihilation of the financial system through both credit derivatives and interest rate derivatives losses. The near criminal insanity of investment bankers writing themselves massive bonus checks for effectively standing in a circle and making promises to each other that none of them have ever had the capital to back up (in the event of genuine systemic crisis), will be brought to the fore.”

Chart of the Day: Food Stamp Recession Curve

Obama Pondering National Police Force … Again?

Mystery company buying up U.S. gun manufacturers

Prechter: Market Is Reliving Late Stages of 1930′s Depression

The video seems to be missing, but the text summarizes its content. — RF

In Past Week Americans Pull The Most Money From Stock Market Farce Since US Downgrade, Despite Market Surge

Lies, Damned Lies, and (Unemployment) Statistics

„The Head Lies could have just as easily read ’315,000 give up searching for jobs and officially leave the workforce,’ but that doesn’t play into the narrative, and we need to maintain appearances. How else are we supposed to keep the Dow Jones cranking amid a collapsing global economy?”

The Pentagon Is Offering Free Military Hardware To Every Police Department In The US

In the US, the military cannot be used to police the populace. Turns out that it doesn’t matter. — RF

Pa. revenue from Marcellus Shale less than expected

„We have maintained that the industry for a long time has overstated the economic benefit of Marcellus Shale gas drilling and understated its impact… This revision by the Department of Revenue is an acknowledgment that their optimistic estimates have not been borne out.”

Restaurant Recovery: Not This Year, Not Next, NPD Says

Citigroup Plans to Cut 4,500 Jobs

New York’s Trash Costs Climbing Decade After Fresh Kills Closed

Art Cashin On The Possibility Of A „Christmas Rally”, And The Certainty Of „The Post Christmas Crash” That Will Follow

Social Security 2011 – Another Bad Year

When a boomtown goes bust: ‘Sudden desertion’

The Pressing Weight of Compounding Debt

Season’s five-finger discount deals: The most shoplifted items

The End of Growth in the United States (Gregor Macdonald)

„Care to forecast the US will return to economic growth, given energy prices and aggregate levels of debt in the OECD nations? Good luck with that.”

U.S. Service Industries Expand at Slowest Pace Since January 2010: Economy

Many Americans already done with holiday shopping

U.S. Postal Service seeks to end next-day mail

US Postal Service facing 28,000 job losses

If the Republic Had Not Died a Long Time Ago, This Would Indeed Be the Death of the Republic

„And whatever the outcome of this particular bill, the reality will remain the same: the President of the United States will continue to claim — and exercise — absolute arbitrary power over the life and liberty of every person on earth. As we’ve said here before, not even Adolf Hitler or Josef Stalin at their most megalomaniacal ever dreamed of asserting the kind of universal power now asserted by American presidents and the lickspittlish lackeys in the United States Congress.”

Look, Up In The Sky! It’s A Drone, Looking At You

„Unmanned aircraft — or drones — are playing a large role in U.S. military operations in Afghanistan, but they’re starting to show up the the skies above the U.S. as well. Drones are already used to patrol the border with Mexico and now they may soon be coming to a police department near you.”

As Recession Lingers, Well-Heeled Hit Resale Stores

Over 46 Million Americans On Foodstamps For The First Time Ever

Tax Cuts Seen Undermining Social Security

We’re Not Ready: More Bad News About Retirement

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