They have moved from blowing up trucks to blowing up bridges

From the New York Times…

Supplies intended for NATO forces in Afghanistan were suspended Tuesday after Taliban militants blew up a highway bridge in the Khyber Pass region, a lawless northwestern tribal area straddling the border with Afghanistan.

Hidayatullah Khan, a government official in the region, was quoted by Reuters as saying that the 30-yard-long iron bridge was located 15 miles northwest of Peshawar, the capital of the restive North-West Frontier Province.

Pakistani officials said they were assessing the damage and teams had been sent to repair the bridge. But it was not immediately clear how soon the trucks carrying crucial supplies for NATO forces would be able to travel through the Khyber Pass to Afghanistan.

The Taliban is getting better at this shutting down supply lines thing. The official word is that this is no big deal because other routes can handle the load. But if this becomes a habit there are going to be problems.

Edit: America’s supply problems are not going to be helped by this either.

Fear, Panic, and Chaos

We will start off easy….

The ruble slumped to its weakest level against the dollar in 11 years as investors speculated Russia will be forced to give up its currency defense after draining reserves.

One should note that Russia has not drained its reserves yet. The market is just beginning to anticipate that they will be drained. Then what?

Now it is time to panic…..

Every week it gets worse and worse and worse. Today it was Japan….

THERE HAS NEVER BEEN DATA THIS BAD FOR ANY MAJOR ECONOMY – EVEN IN THE GREAT DEPRESSION. December industrial production came in down 9.6%, worse than the METI forecast. It is now down almost 21% year over year. METI forecasts a further 4.7% decline in February. The inventory to production ratio soared again. Maybe METI will be correct.

If it is, Japan industrial production will have fallen 28% (non annualized) in four months. It will have fallen by a third in about a year. Nothing in the history of major nations compares. A 28% decline in four months would be more than half of the entire decline in U.S. industrial production over the 3 years and nine months of the U.S. Great Depression.

As far as the chaos goes, this will have to do….

Relativity minor so far, but this kind of thing is going to grow as economic problems get worse. It is going to test the EU’s ability to hold together.

As far as these particular strikes are concerned, they are going to get a lot worse in the week ahead. A story to watch.

12 inches of snow shut down a nation

From the Telegraph….

Large swaths of Britain came to a standstill in the grip of the worst snowstorms for 18 years.

Despite five days of severe weather warnings, transport bosses still appeared to have been completely caught out as up to a foot of snow fell across the country, bringing rail, air and road networks to a halt.

From later on in the article…..

But David Frost, the director-general of the British Chambers of Commerce, said the collapse of the transport network was unacceptable.

He said: “People of my generation saw much worse winters than this in the 1960s and 1970s, yet things kept going. Why can’t we cope now?

You should keep this mind when ever someone tries to tell you that we should drive vehicles more like the ones they drive in Europe. A fuel efficient vehicle is one that is light. And a light vehicle is one that can’t get traction in the snow. It is a simple matter of physics.

For Real?

From the Telegraph….

The protests, which began on Dec 14, rapidly took on a political hue and Mr Putin, who is intolerant of dissent, ordered the Kremlin’s top officials in the far east to use force next time. But senior adminstrators refused to intervene and a week later the government was forced to send a special detachment of riot police from Moscow to break up a second protest in Valdivostok.

Furious that he had again been disobeyed, Mr Putin directed Vladislav Surkov, his top ideologue, to sack the newly appointed head of internal affairs in Primorye, the region surrounding Vladivostok.

But the official, Maj Gen Andrei Nikolayev, flatly refused to leave his post. Sources say he threatened to expose corruption linked to the Kremln in the Russian far east if Mr Putin pressed ahead.

Such a gesture of defiance is almost unheard of in Russia. Gen Nikolayev was supposed to be the man entrusted by the Kremlin to keep regional officials under control.

But he quickly found a powerful champion in the form of President Dmitry Medvedev, who is said to have countermanded his dismissal. “The fight between Medvedev and Putin started over this issue and has been getting worse ever since,” the source close to the Kremlin said.

If this is true I don’t think that Medvedev has long to live. I am pretty sure that the men who know how to kill are still loyal Putin.

Odds and Ends

From the New York Post…

Buried deep inside the massive spending orgy that Democrats jammed through the House this week lie five words that could drastically undo two decades of welfare reforms.

The very heart of the widely applauded Welfare Reform Act of 1996 is a cap on the amount of federal cash that can be sent to states each year for welfare payments.

But, thanks to the simple phrase slipped into the legislation, the new “stimulus” bill abolishes the limits on the amount of federal money for the so-called Emergency Fund, which ships welfare cash to states.

From The Times…..

Wildcat strikes spread to power stations across Britain today with more than 2,000 workers at 17 different sites walking out in protest against the use of foreign contractors.

Around 700 staff walked out of the Grangemouth oil refinery in Scotland and 400 more staged an unofficial strike at a refinery in Teesside as workers lent their support to a three-day strike at Total’s Lindsey oil refinery near Grimsby.

The wave of renegade strikes has also hit power stations including Longannet in Scotland, where 500 mechanical contractors have downed tools. At least 17 sites have seen strike action thus far and talks about further walkouts are ongoing at other installations, including the Sellafield nuclear plant.

From Reuters…..

Resource-poor Japan just discovered a new source of mineral wealth — sewage.

A sewage treatment facility in central Japan has recorded a higher gold yield from sludge than can be found at some of the world’s best mines. An official in Nagano prefecture, northwest of Tokyo, said the high percentage of gold found at the Suwa facility was probably due to the large number of precision equipment manufacturers in the vicinity that use the yellow metal. The facility recently recorded finding 1,890 grammes of gold per tonne of ash from incinerated sludge.

The destruction of the rain forests is a myth

From the New York Times…

These new “secondary” forests are emerging in Latin America, Asia and other tropical regions at such a fast pace that the trend has set off a serious debate about whether saving primeval rain forest — an iconic environmental cause — may be less urgent than once thought. By one estimate, for every acre of rain forest cut down each year, more than 50 acres of new forest are growing in the tropics on land that was once farmed, logged or ravaged by natural disaster.

“There is far more forest here than there was 30 years ago,” said Ms. Ortega de Wing, 64, who remembers fields of mango trees and banana plants.

The new forests, the scientists argue, could blunt the effects of rain forest destruction by absorbing carbon dioxide, the leading heat-trapping gas linked to global warming, one crucial role that rain forests play. They could also, to a lesser extent, provide habitat for endangered species.

Naturally, lot of people would still argue that this new forest can never be as good as the old forest and the New York Times article gives plenty of space to their arguments. But they don’t seem very convincing to me.

A petty police state

From the Telegraph….

Mrs Devers, 64, was last year found guilty of eight charges under the Weights and Measurements Act.

She had refused to replace imperial weighing scales on her fruit and vegetable stall at Ridley Road Market in Dalston, east London.

The market trader, from Wanstead, east London, was given a two-year conditional discharge and ordered to pay £5,000 costs following the case, which was brought by Hackney Council.

I could almost see it if this was a big chain. But they are going after a stall in a farmer’s market for selling things by the pound. Is that really such a big crime?

Mr Sarkozy to be shown who is boss

From the Telegraph….

Public sector workers – from schools, hospitals, the Post Office and publicly-funded media – will join forces with car factory workers, helicopter pilots and even ski-lift operators from the private sector, to leave much of the country paralysed.

The show of force is backed by all of France’s main unions, the opposition Socialists and 75 per cent of the public see it as justified, according to one poll.

According to François Chérèque, leader of the moderate CFDT union, the strike is a “cry of anger” from workers who feel the government has given billions to banks and industry but not protected their jobs or “purchasing power”.

Not much is going to come of this. The French government is going to back down so fast that there will be no need to prolong the strikes.