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How Relocalization Worked - The Oil Drum

Below the fold is a guest post by John Michael Greer, author of The Long Descent , a book I recommend. The post examines the importance and viability of relocalization from a historical perspective. How Relocalization Worked by John Michael Greer ...
NewsRack Sat, 21 Nov 2009 18:30:00 GMT

Dubai ousts financial chief over debt troubles - Financial Times US

Dubai has removed the high-profile governor of the Dubai International Financial Center as a political power struggle caused by the emirate's financial troubles continues to build
NewsRack Fri, 20 Nov 2009 18:30:00 GMT

Report: Germans in turmoil over Opel aid as neighbours offer cash - Earth Times

Berlin - The new German coalition government led by Chancellor Angela Merkel is in turmoil over the issue of state aid for Opel, while other EU states with Opel factories have pledged more than a billion euros (1.49 billion dollars), a magazine repor...
NewsRack Fri, 20 Nov 2009 18:30:00 GMT

Drumbeat: November 21, 2009 - The Oil Drum

Permafrost thaw threatens Russia oil and gas complex: study MOSCOW (AFP) - Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia's territory, Greenpeace warned...
NewsRack Fri, 20 Nov 2009 18:30:00 GMT

Information and Crude Complexity - The Oil Drum

This is the same kind of conclusion that social-psychologist Gerd Gigerenzer urges when he talks about "cheap heuristics that make us rich." Gigerenzer illustrates with the heuristic by which we catch a ball in the air. We run after it, always keeping the ...
NewsRack Fri, 20 Nov 2009 18:30:00 GMT

NYT: New Consensus Sees Stimulus Package as Working - NewsBusters

Once I built a railroad, I made it run, made it race against time. Once I built a railroad; now it's done. Brother, can you spare a dime? Once I built a tower, up to the sun, brick, and rivet, and lime; Once I built a tower, now it's done. Bro...
NewsRack Fri, 20 Nov 2009 18:30:00 GMT

The other D-word - The Economist

Is Japan back in a deflationary trap? WHILE investors have been fretting recently about Japan’s huge debt, another of the dreaded D-words has come back to haunt them. On Friday November 20th, Japan’s Cabinet Office issued a monthly r...
NewsRack Thu, 19 Nov 2009 18:30:00 GMT

EDF: Nuclear contamination

The giant French utility’s ambition to lead a global revival in nuclear energy is running into difficulties as a controversial new boss takes overNEXT week Henri Proglio will become the boss of EDF Group, the state-controlled French firm which is the...
Economist Thu, 19 Nov 2009 10:39:48 GMT

Globalisation: Going global

Articles mentioning “globalisation” in The Economist“GLOBALISATION” is a relatively recent term. A search in the archives of this newspaper, perhaps the one most closely associated with globalisation, shows the word first used in 19...
Economist Thu, 05 Nov 2009 10:49:44 GMT

Capital controls: Raining on India's parade

What India can learn from Brazil about controlling capital flowsIN INDIA, drought sometimes turns to deluge. This summer the country suffered its worst monsoon since 1972, which left half its rural districts parched, followed swiftly by floods that inundat...
Economist Thu, 29 Oct 2009 11:53:57 GMT

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