Tuesday, August 26, 2014

 

News Links, August 26-27, 2014

## Global Ponzi meltdown/House of Cards ##
Behold The Magic Of Accounting In First Half Earnings
Inside The Receding Global Bubble: Brazil's Indicators Now Heading South
Deflationary Fears Are Spreading Globally
A worldwide deflation fear is expanding and may actually be rampant. BCA Daily Insights (August 25, 2014) notes that, "out of 32 OEC countries, more than two-thirds have domestic inflation rates that fall short of 1%." BCA analysts go on to argue that the worldwide inflation rate may converge to zero over the next couple of years.
"A war without bullets": Rising trade tensions a long-term threat
Swedish household debt soars as poll nears
Argentine Peso Collapses on Top of Rogue Regime
Dick Smith challenges 'faith' in benefits of population and economic growth
In an address to the National Press Club on Wednesday, the businessman said endless population and economic growth was like a "religious faith" for graduates of university degrees in economics and questioning whether these two things were beneficial for Australians was something of a taboo in public discussion.
One of the rare outbursts of honesty in public discourse. -- RF
Misery Index 2.0
South Koreans 'will be extinct by 2750'
The same kind of brain-dead scaremongering heard in Japan. -- RF
Robots Able to Pick Peppers, Test Soil, and Prune Plants Aim To Replace Farm Workers
Human workers will take orders from robots, and they will like it
Backed by Google Ventures, the First Robot Hotel Butler Just Reported for Duty
Sanctions Costs: German Exports To Russia Collapse, "Risk 50,000 Jobs"
Gaza War Could Push Slowing Israeli Economy Into Contraction
Cargo Thefts Are On The Rise, Despite Drop in Vehicle Thefts
Minimum-wage debate roils Mexico, where rock-bottom pay rules
Are tiny houses and micro-apartments the future of urban homes?
The Bailout of Robert Mugabe – How Wall Street Money Led to Intimidation, Torture and Death in Zimbabwe
It Begins: Council On Foreign Relations Proposes That "Central Banks Should Hand Consumers Cash Directly"
Just Six Months After the Olympics, Sochi Looks Like a Ghost Town
It's a sad scene—and it's one that's been repeated across the world as Olympic host cities struggle with the economic burden of their investments.

## Airline Death Spiral ##
Number of airline near-misses appears to be rising
THAI's loss estimated at $470m
Philippine Airlines: Alliance or Atrophy?
Cops called after fliers fight over seat recline
Legroom Gadget Maker Sees Sales Jump After Air-Rage Case
Malaysia Air Said to Mull Job Cuts, Order Review, New CEO
Twin disasters spark Malaysia Airlines crew resignations
Flying pains as China struggles to keep up with aviation growth
AirAsia India flies into loss in first month
Cheap Airplane Seats Shouldn't Recline at All
The bottom line is that the days of affordable comfort in the skies—especially on domestic flights—are over. As airlines struggle to turn profits in the face of rising fuel costs, economy seats in planes keep getting smaller and smaller, with less and less legroom. Though many airlines persist in giving us the illusion that we're flying in comfort with amenities like seats that barely recline and flimsy "pillows" filled with straw, most of us can't really pay the premium that comfort actually costs.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Gaza truce open-ended, but puts off tough issues
Provoking quandary for US, embattled Syrian government asks for help fighting Islamic State
US, British Special Forces on the Ground in Iraq Trying to Find ISIS Leaders
Bombers Return to Baghdad; 212 Killed, 184 Wounded
Egypt and UAE 'launched air strikes against Libyan Islamists'
Egypt and the United Arab Emirates have been accused of launching air strikes against Islamist targets in Libya – a move which would prove to be a major regional escalation in what is fast becoming a battle between the Arab old guard and the rampant forces of political Islam.
7,000 Trapped Ukrainian Forces; IMF to Fund Ukraine Wars?
Russia says wants to send second aid convoy to east Ukraine
Outright Military Victory by Rebels? Ukraine Offensive in Donetsk and Lugansk Fails
Russia orders temporary closure of one more McDonald's restaurant
NATO's 20-Year Campaign To Find An Enemy And Weapons Market For The Military-Industrial Complex
Nato plans east European bases to counter Russian threat
Russia's Nuclear Revival And Its Challenges
Is Ghana Becoming a Piracy Hot Spot?
Sea Transportation: Piracy Gets Lucrative Again
German fighter jets unable to fly and mechanics forced to borrow spare parts, claims magazine
The German air force is facing such a severe funding shortage that many of its aircraft are unable to fly, mechanics are forced to cannibalise parts from existing planes and only eight of the country's 109 Eurofighters are fully operational, according to a report in Spiegel magazine.
Chinese reportedly working on submarine that would 'fly' in an 'air bubble'
Japan to help train, equip Sri Lanka's coast guard

## Global unrest/mob rule/angry people/torches and pitchforks ##
Pakistan's largest city thirsts for a water supply
On the outskirts of the slums of Pakistan's biggest city, protesters burning tires and throwing stones have what sounds like a simple demand: They want water at least once a week.
Monks and Martyrs: A Controversial Perspective on Dissent in 21st Century America
China's falling real-estate prices trigger protests, clashes
In Defiant Action, Pipeline Protesters Lock Themselves to Trucks

## Energy/resources ##
Oil sands dream evaporates with bondholders facing 40% loss
Update on US natural gas, coal, nuclear, and renewables
Saudi Aramco to invest $400bn to keep oil production steady
Saudi Aramco has announced plans to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production. President and CEO of the world's largest oil producer, Khalid Al Falih, said the company expected an increase in capital for offshore projects, according to Arab News.
Norway to Cut Oil-Production Forecasts as Costs Delay Projects
Norway, western Europe's biggest oil producer, will probably cut its long-term forecast for crude production as companies reduce spending to counter rising costs and improve shareholder returns.
Statoil mulls impact of Russian sanctions
Norwegian energy company Statoil stands by its partners in Russia, though Western sanctions do present some obstacles, the company's top executive said Monday.
Remote, gas-rich islands on Indonesia's South China Sea frontline
The World's Most Dangerous Dams
Chevron seeks up to $1.5 billion for Canadian oil project - sources
Iran testing gas pipeline to Iraq
North Sea oil estimates 'ludicrously pessimistic'
S.Korea's nuclear operator halts reactor due to heavy rain
Power consumption can easily be cut by 800 megawatt (Belgium)
Her plea comes as Belgium is facing a possible power shortage next winter, with possible black-outs to be imposed on several areas of the country.
Long queues form as fuel shortage threatens (Indonesia)
Italy struggles with Plan B if Russian gas supplies cut
India May Explore Oil in South China Sea
India is assessing whether to explore oil in five blocks in the South China sea, on the invitation of Vietnam, a crucial and strategically located south east Asian friend, the Ministry of External Affairs (MEA) has said.
The Peak Oil Crisis: When?

## Infrastructure scavenging ##
Thieves rip off church roof lead
Electric car charging cords being stolen in Vancouver
Street lights stolen

## Got food? ##
China's Food Safety Woes Continue, With Chicken Feet Tainted With Hydrogen Peroxide
Japan to propose 50% cut in young tuna catch

## Lifestyle Solutions ##
'Tiny Homes on the Move' Showcases the Nomadic Lifestyle

## Environment/health ##
Ebola Among Health Workers: More Than 240 Sick, More Than 120 Dead
Psychologists say overly connected children can't read human emotion
The Climate Scientist Who Pioneered Geoengineering Fears It's About to Blow Up
Cause of New Mexico nuclear waste accident remains a mystery
Pulitzer-winning scientist warns wildlife face a 'biological holocaust'
Half the planet should be set aside solely for the protection of wildlife to prevent the "mass extinction" of species, according to one of the world's leading biologists.
'Incredible' rate of polar ice loss alarms scientists
Forget bedbugs, these bugs are more common—and more harmful

## Intelligence/propaganda/security/internet/cyberwar ##
For sale: Systems that can secretly track where cellphone users go around the globe
Makers of surveillance systems are offering governments across the world the ability to track the movements of almost anybody who carries a cellphone, whether they are blocks away or on another continent.
California Governor Signs Bill Requiring Smartphone 'Kill Switch'
Electromagnetic Warfare Is Here
Snowden Documents Reveal NSA's 'Own Secret Google'
Cyborg moths to the rescue!
Scientists are developing a method of controlling the flight muscles of moths wirelessly, instantly introducing a new term to the vocabulary of technophobes: the mothpocalypse.

## Systemic breakdown/collapse/unsustainability ##
It's Not Just Politics That's Broken--The Status Quo's Model of "How the World Works" Is Broken

## Japan ##
Thyroid cancer diagnosed in 104 young people in Fukushima
Ministry to seek ¥8.1 billion to study Fukushima No. 1 reactor dismantlement
Fukushima groundwater bypass operation ineffective: Tepco
Gasp! In a first, Japan records fewer than 500,000 births in first half of year
Japanese court rules against nuclear operator in suicide suit
Japan Said to Plan Tax-Free Investing Program for Kids
U.S. submarine visits Japan to promote reassurance
Labor shortages, high costs doom small, midsize firms
An increasing number of small and medium-sized companies have gone bankrupt in recent months due to labor shortages. Some were unable to bear soaring labor costs while others could not hire sufficient workers.
CLSA Sees Bond Danger in Pension Switch to Stocks: Japan Credit
Kuroda Urges 'Visible Hand' to Raise Japan Wages
Child Poverty SOS / Living with hunger in candlelight world
One in six children live in poverty in Japan, supposedly one of the most prosperous countries in the world. The nation's child poverty rate was a record-high 16.3 percent in 2012, according to figures released July 15 by the Health, Labor and Welfare Ministry.
Child Poverty SOS / Single mothers struggle to survive working at Kabukicho nightclubs
Appliance shipments down 15.9%

## China ##
China shuts down Beijing Independent Film Festival
As Labor Costs Rise, China Turns More to Robot Workers
Drought affects half a million in Xinjiang
5 Takeaways From Chinese Property Developers' Earnings

## UK ##
Increase in power network thefts responsible for hundreds of power cuts
Service sector growth cools, pointing to overall slowdown

## US ##
New York's Homeless Pushed Deeper into the Shadows
Mimicking the airlines, hotels get fee-happy
Hearings planned after call for nuke plant closure
Building for a future of American renting serfs
Private housing starts for structures with at least 5 units hits a post recession high. More than 11 million Americans spend more than 50 percent of income on rent
With Half Of City Residents Delinquent, Detroit Restarts Water Shut-Offs
Lockheed Martin, Boeing, Other Defense Contractors Pay With Jobs For End Of Combat Operations In Iraq And Afghanistan
When Sears Was a Retail Star, Not Losing $1B in Six Months
Suspect in Los Angeles-area shootings detained
California wine country quake losses seen in the billions
Drowning in Unsold New Homes?
Visualizing the Vanishing Money Velocity Vortex
Spotting The Next Detroit - America's Fasting-Shrinking Cities
Coming soon to protests in America: Government thugs (one almost punched me)
Climate change and development patterns are contributing to the soaring costs of Western wildfires
Durables Goods, Excluding Bumper Boeing Orders, Suffer Biggest Drop Of 2014


Sunday, August 24, 2014

 

News Links, August 23-25, 2014

## Global Ponzi meltdown/House of Cards ##
German Two-Year Bonds Have Negative Yield, Demand High; Euro Bond Bubble Guaranteed to Burst
Is Portugal Next in Line for Wealth Confiscation?
Is China disguising itself as Belgium to buy US government bonds?
New definition of retirement = work until you die
Bank of America Settlement Only Proves Invincibility of Wall Street
Russia Looks for Alternatives to SWIFT to Curtail Sanctions Risk
10 Western companies getting slammed in Russia
Spotlight on European Bank Lending: Capital Impairment to the Forefront
Global unrest worries Detroit's Big 3 carmakers
Growing National Unrest Has Many Worried, Even Capitalists
Gold Is the Money of Kings, Debt the Money of Slaves
Spain's Silent Reconquest of Mexico
Swedish Debt Cap May Be Relaxed as Social Democrats Reveal Plans

## Airline Death Spiral ##
US airlines clock their worst delays in two decades
Estonian Air lost 8.1m euros in 2013, 5m in first half 2014
If You're Too Sick To Fly, Airlines Might Not Offer A Refund
4 Things the Airline Industry Doesn't Want You to Know
Thai unrest hits airlines in Q2
Airlines expand profits by adding seats — but not more planes
Airline seat discomfort top gripe among Southeast Asian travellers
Iceland Warns Airlines of Ash Plume as Volcano Erupts
Venerable Asian airlines struggle to shake cheap competition
The world's largest airline has started phasing out first class on most planes as passenger demand dwindles
Malaysia Airlines Plane Turns Back After Experiencing 'Pressure Problems'
Security Threat Diverts AA Jet From DFW To Land In Phonenix

## Fault lines/flashpoints/powder kegs/military/war drums ##
Imperial Washington's Gross Hypocrisy
Syria Death Toll Reaches 191K, UN has 'Failed'
US And Assad vs. ISIS? Arguments Made For Partnership With Syrian President
US Preparing to Expand Iraq War Into Syria
Rash of new abductions of foreigners in Syria
Obama's Effort to Combat Extremists Suffers Iraq Setback
Baghdad Suicide Bomber Attacks Intelligence Headquarters, 8 Reported Dead
UN Calls For 'Immediate Action' For Iraqi Town 'Besieged' By ISIS; No Food, Water Or Medicine
France delivered arms to Syrian rebels, Hollande confirms
ISIS Fighters Seize Syrian Army Base In Raqqa, Activists Say
Council On Foreign Relations: The Ukraine Crisis Is the West's – Not Putin's – Fault
White House threatens 'additional consequences' following Russian's incursion into Ukraine
Russia keeps up pressure on McDonald's with new inspections
Western Journalists Inspect Russian White Truck "Invaders" And Find……..Humanitarian Aid!
Washington's Ridiculous Bluster: Russia's White Truck Convoy Is Not An "Invasion"
Russia seizes Japan research whaling ship in Sea of Okhotsk
Russia blacklists Japanese in response to Ukraine-linked sanctions
Germany promises $690M in aid to Ukraine
Yemen on high alert as rebels push to overthrow government
Tripoli bombed as Libya descends further into chaos and Egypt denies involvement
Libya Islamists Seize Tripoli Airport as Parliament Duel Set
Israel increases bombardment of Gaza as huge bombs destroy buildings
Chinese Fighter Buzzes US Patrol Aircraft
Iran Says It Downed An Israeli Drone Near Natanz Nuclear Site
Saudi Arabia Sustains UN Human Rights Council Membership Despite Beheading 19 People in 17 Days
Mexico hails new militia as bulwark against drug cartels
Islamic State recruiting in Canada, local imam warns
China vs US - superpower standoff in Africa

## Global unrest/mob rule/angry people/torches and pitchforks ##
St. Louis County Cop Removed from Active Duty Over 'Killer' Comments
Oakland Protesters Hold Up Mirrors to Police Officers in Ferguson Solidarity March
Thousands march in New York City to protest police chokehold death
Thousands march on Henoko base site (Japan)

## Energy/resources ##
UK oil output threatened by platforms running out of juice
The affected Northern North Sea (NNS) is a very mature part of the basin where producers are trapped in a vicious circle of falling output, rising costs to patch up ageing platforms, and dwindling power supplies.
Reality check: Oil, Solar, Dollars And Fairy Tales
Ukraine faces difficult winter without Russian gas - PM
Did Demand Concerns Spark The Biggest Drop In US Oil Rig Count Since 2012?
Cost-cutting fever grips oil sands players as economics called into question
Oil 'super spike' is coming: Dan Dicker
£11m for the wind farm that was not working (UK)
Ten wind farms have each been paid more than £3 million over the past three years to shut down their turbines, with one alone receiving £11 million
The Backstory In Ukraine, Syria, Iraq And Iran: Battles About Natural Gas And Pipelines
Natural Gas As A Trucking Fuel Fails To Deliver
Germany clears $6.9 billion RWE unit sale to Russian investor
China ships no crude oil to N. Korea for 7th month

## Infrastructure scavenging ##
More than 8,000 metres of eircom cable stolen in 2014
Copper theft plagues Telecom
£20k reward to catch copper cable thieves
3 arrested in theft of utility poles in Montgomery County

## Got food? ##
Bacteria destroying Puglia's precious olive groves could ruin Italy's oil industry
Invasive insect threatens iconic Florida citrus
Too Much Corn With Nowhere to Go as U.S. Sees Record Crop
A Food Crisis Follows Africa's Ebola Crisis
Perdue recalls 15,000 lbs of chicken nuggets after plastic discovered in meat
Are You Ready for Cricket Flour Cookies?
Is your food safe? Not even the FDA may know
High-tech vegetable farms grow up (Singapore)
Farming: The new go-to career choice for New England's young, as interest grows in local food

## Environment/health ##
Ebola spreads in Nigeria; Liberia has 1,000 deaths
WHO warns of 'shadow zones' and unreported Ebola cases
Families hiding infected loved ones and the existence of "shadow zones" where medics cannot go mean the West African Ebola epidemic is even bigger than thought, the World Health Organization said on Friday.
'Underestimated' Ebola outbreak spreads
Congo declares Ebola outbreak in northern Equateur province
At Least 10 Percent Of Fracking Fluid Is Toxic
At least 10 percent of the contents of fracking fluid injected into the earth is toxic. For another third we have no idea. And that's only from the list of chemicals the fracking industry provided voluntarily. That's according to an analysis by William Stringfellow of Lawrence Berkley National Laboratory, reported in Chemistry World.
Oil spill that fouled Mexican river will take months to clean up

## Intelligence/propaganda/security/internet/cyberwar ##
Researchers hack Gmail app with 92% success rate
Mr Blair, who is paid millions of pounds a year to give advice to Mr Nazarbayev, goes on to suggest key passages to insert into a speech the president was giving at the University of Cambridge, to defend the action.

## Systemic breakdown/collapse/unsustainability ##
Walgreen pharmacies back online after computer system crash: DJ

## Japan ##
Aluminum Fees to Japan Seen Reaching Record on Brazil Output Cut
Aluminum buyers in Japan, Asia's largest importer, are set to agree on a record quarterly fee after lower output from Brazil deepened a global deficit, said three executives who will start negotiations next week.
Japanese firms hit by labor crunch
Some 60% of Japanese firms are finding it increasingly difficult to secure sufficient workers, hit by a pervasive labor shortage that is pushing up hiring costs and starting to eat into profits, a Reuters poll shows.

Be afraid. Be very afraid. -- RF
FBI Admits: No Credible Threats to US From ISIS
Hagel: Iraq crisis may require Defense budget changes
Most Americans Want to Criminalize Pre-Teens Playing Unsupervised
A whopping 68 percent of Americans think there should be a law that prohibits kids 9 and under from playing at the park unsupervised, despite the fact that most of them no doubt grew up doing just that. What's more: 43 percent feel the same way about 12-year-olds.
Ban on filling swimming pools hits communities in parched California

Thursday, August 21, 2014

 

News Links, 21-22, 2014

## Global Ponzi meltdown/House of Cards ##
East Asia Geared Up For RMB Gold Trading
Still awash with cash, world economies take turn for the worse
The Italian Job: How Borrowing And Printing Lead To An Economic Dead End
French Manufacturing Activity Shrinks for Fourth Month in August
Spain Dips 37% Into Social Security "Piggy Bank", Fund Depletion in 4 Years at Current Rate; What, Me Worry?
Ebola Sickens Economies of West Africa
Euro-Area Shows Signs of Weakening as Surveys Miss Forecasts
G20 edging towards deal on 'bail-in' bond cushion for banks
Government leaders are expected to agree in November that the world's top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the rescue, industry and G20 officials said.
Argentinian Peso in Massive Slide; Argentina's Bonds Decline on Plan to Offer Local-Law Swap
Russian watchdog shuts four McDonald's restaurants in Moscow
Russia conducts checks at McDonald's restaurants in Urals region
Warren Buffett And The Chinese Are Loading Up On Hard Assets
Staples to Shut 140 Stores This Year as Sales Decline
Here Are 10 Countries Hoarding Enormous Piles Of Gold
Russia Adds Another 300,000 Troy Ounces of Gold to Their Reserves in July
It's Official: For Caterpillar, The "Great Recovery" Is Now Worse Than The "Great Recession"
Acquisition-and-Layoff Queen Hewlett-Packard Reports a Miracle
Call for interest rate hikes growing at world's largest central banks
Financial Times: Wall Street Plays Dangerous Derivatives Games — Again
World getting 'super-aged' at scary speed

## Airline Death Spiral ##
Hamas military warns int'l airlines of more airstrikes
Air Berlin to cut seats, fleet in bid for turnaround
Flying High: Taxes and fees on travelers continue to rise
China Angry After Air Traffic Controllers Literally Fall Asleep on the Job
Iceland's last giant volcanic eruption cost the global economy $5bn. Is that about to happen again?
AirAsia X net losses deepen in 2Q on capacity and network expansion
Monarch Airlines Expected to Cut 30 Percent of Its Workforce
JetBlue may start putting customers second
American's 3-Class Jets Dwindle as First Class Fades Away

## Fault lines/flashpoints/powder kegs/military/war drums ##
'Paramilitarizing' the South China Sea
Dozens die in Ukraine in street battles, Donetsk shelling
Iraqi drive on Tikrit falters amid fierce resistance from Islamic State
State Department Asks For 300 Additional Military Personnel for Iraq
Report: ISIS Recruited 6,300 New Fighters in July
US Readying More Troops to 'Crush' ISIS
Germany agrees to arm Iraq in break with post-war tradition
'Terrorists' help U.S. in battle against Islamic State in Iraq
Pentagon Pushes Iraq, Syria Escalations
Hamas says fired rockets at off-shore Israeli gas well
Nigerian Soldiers Mutiny, Refuse To Fight Boko Haram Claiming They Are Ill Equipped
The Pentagon is adding to its arsenal of weapons in Norway's caves
NATO to shun substantial eastern footprint in nod to Russia
Thai Junta Leader Appointed PM By Hand-Picked Parliament
Of Course Canada's New Data-Driven Soldiers Will Have Google Glass
China mending fences with neighbors ahead of APEC meeting

## Global unrest/mob rule/angry people/torches and pitchforks ##
Pakistani parliament to meet as protesters clog streets outside
Pakistan Braces as Revolutionaries March Defiantly Towards Heart of Capitol City
Five detained Tibetans die in Chinese custody
Hong Kong democracy stalemate sets stage for possible financial district shutdown
Ten Days That Shook The Nation: When The Empire Occupied Ferguson
Ferguson: 'High Threat Team' of Former US Navy SEALs to be Deployed to St Louis Area
Activists point to outside agitators to blame for Ferguson violence
Anonymous 'National Day Of Rage' Over Ferguson Shooting To Take Place In 37 Cities
EU Advisors Advocate use of Military Against Strikes and Protests
Chokehold death: With plans for big march, some worry about a Ferguson repeat

## Energy/resources ##
As Oil Prices Drop, Canadian Oil Sands May Be Wasted Investment
Five Regions Where Big Oil Is Foolishly Chasing Profits
A New Frontier for Fracking: Drilling Near the Arctic Circle
Oil Companies Turning Away From The Middle East
Lights Out: Brazil's Power Problem
Egypt suffers regular blackouts due to worst energy crisis in decades
Rising population, intense heat and claims of terror attacks on infrastructure means demand is now 20% more than capacity
A Flagship U.S. Coal Project Gets Quashed
Two Belgian nuclear reactors may be closed permanently - state media
Puerto Rico keeps the lights on, but debt crisis far from over
Puerto Rico managed to keep its electricity flowing this week – but creditors made it clear that the crisis enveloping the island's power utility is far from over.
Cargo bikes, built for the short haul
As long as we have well-maintained roads... -- RF
If You Think the Water Crisis Can't Get Worse, Wait Until the Aquifers Are Drained
Aquifers provide us freshwater that makes up for surface water lost from drought-depleted lakes, rivers, and reservoirs. We are drawing down these hidden, mostly nonrenewable groundwater supplies at unsustainable rates in the western United States and in several dry regions globally, threatening our future.
Ten Facts About Coal You Probably Didn't Know

## Got food? ##
Charity says military use of food pantries has been rising for years (US)
California drought stings bees, honey supplies
Lapse in monsoon leaves India's grain bowls high and dry; may impact food output, prices
France forced to import wheat as rain hits crop quality
China, India to Replace Canada, Australia, US as Meat Suppliers to Russia

## Environment/health ##
Ebola In The Skies? How The Virus Made It To West Africa
Liberians trapped in Ebola slum as security forces 'seal off' Monrovia district
Saudi population to break 30m
US, Brazil Nearing Approval of Genetically Engineered Trees
Epic Drought in West is Literally Moving Mountains
Six charts on the booming black-market trade that's killing off Asia's bears
Chemicals from sunscreen are poisoning the ocean

## Intelligence/propaganda/security/internet/cyberwar ##
Twitter Changes its Timeline Algorithm – Here's What You Need to Know
Free Speech, Filters, Algorithms & Net Neutrality: How Big Company Nudging Can Influence Your World View
Deloitte: App downloads dwindle, 1 in 3 users disinterested
Bots on patrol: Mobile security robot to be mass produced
Russia Forces Its Popular Bloggers to Register -- Or Else
Chinese hackers targeted the MH 370 investigation and appear to have stolen classified documents
UPS says 51 retail stores breached by malware
University Bans Social Media, Political Content and Wikipedia Pages on Dorm Wifi
Researchers Easily Slipped Weapons Past TSA's X-Ray Body Scanners
U.S. Military Bans The Intercept
Traffic lights are dangerously easy to hack
Warning: Your Car Is Spying on You. Here's How to Stop It

## Systemic breakdown/collapse/unsustainability ##
Lessons From The Last Time Civilization Collapsed
The Coming U.S. Economic Collapse Will Trigger a Revolution
Keep on truckin'? Inside the shortage of US truck drivers
Italy: overshooting the bear
Ford tells U.S. dealers to stop selling some C-Max, Focus models

## Japan ##
Tokyo Tackles Flood Control as Typhoons Swamp Subways
Japan's Trade Fiasco Deepens: The BOJ's Yen Trashing Campaign Refutes The Keynesian J-Curve Myth
Abenomics Skepticism Grows as Price Gauge Retreats: Japan Credit
Japan has fallen victim to the Keynesian scam
Gov't considers setting aside Y1 trillion for stimulus next fiscal year
Lights Off at JVC as Abenomics Finds Exporters in Decline
Japan's Export Lift No New Dawn
Japan throttles up work on homegrown fighter jet
Japan department store sales down 2.5% in July
Vegetable prices spike due to bad weather
Think tanks revise down GDP outlook for fiscal 2014
Electronic voting loses steam over glitches, cost
Govt eyes basic price for N-power generation

## China ##
Bank of China Doubles Money for Bad Loans as Growth Slows
China to lead five-nation anti-terror drills in Inner Mongolia
China aims to cut executive salaries
Unreasonably high salaries for executives of major state-owned enterprises must be adjusted, President Xi Jinping said yesterday.
China's housing correction is now in full swing: Big developers begin to slash prices with sales falling more than 10 percent.
Abandoned Homes Swell Bad Debt in China's Wenzhou, Weekly Says
Falling property prices in China's eastern city of Wenzhou triggered 6.4 billion yuan ($1 billion) of bad loans as buyers abandoned homes and stopped making mortgage payments, the Economy & Nation Weekly reported.
China Baby Boom Wagers Go Bust on Child Cost Burden
China allows 3 more banks including StanChart to import gold -sources
China's housing market is plunging—and dragging Macau's casino revenue with it
China manufacturing growth slows to three-month low
China State-Owned Enterprises Chiefs Face 50% Salary Cuts As Xi Jinping Launches Reform

## UK ##
Household savings ratio 'halved'
Households are now saving around 4.8% of their income compared to 9.9% forty years ago
Sepsis is on the rise, warns medical expert
Grandmothers Lead U.K.-Wide Wave Of Direct Action Against Fracking
Self-employment in UK at highest level since records began
SNP accused of exaggerating North Sea oil reserves by up to 60%
More than 800 job cuts proposed at bakery plants

## US ##
Blue Chip Economists Wrong Again: 2014 Consensus GDP Growth Forecast Now Impossible
Car Repos Soar 70% As Auto Subprime Bubble Pops; "It's Contained" Promises Fed
Pensions or potholes? Congress chooses potholes
This Chart Is a True Picture of What's Dragging on the American Economy
30 stats to show to anyone that does not believe the middle class is being destroyed
While The Titanic's Orchestra Plays On: CBO Says Social Security Deficit Has Increased 4X Since 2008
Does THIS Explain the "Snipers" Shadowing the Occupy Protests?
Car rental firm Hertz is latest victim of auto recalls
War Journalist's First Arrest Happens in Ferguson Speech Crackdown
Israel-trained police "occupy" Missouri after killing of black youth
Here's Who Profits From The Ferguson Riots
Torrential Rain Swamps Phoenix, Strands Drivers
5 reasons Americans are unhappy
Multigen Family: On the Rise
As I've repeatedly observed, the nuclear family is just a short-lived phenomenon made possible by cheap energy. -- RF
Los Angeles waterslide plan draws protests during drought
'No' Sheriff in Town: Some Lawmen Refuse to Enforce Federal Gun Laws
Compton school police authorized to carry AR-15 assault weapons
Wall Street Salaries 2014: Goldman Sachs Leading The Way With 20% Hike As Banks Raising Pay For Junior Staff
Eager to subsidize Bank of America's massive $17 billion settlement? Here's your chance
Ferguson and money — where did all the banks go?
The Missouri city, reeling from protests, has a financial system based on payday loans and pawn shops, and that's part of the problem
Sears has lost nearly $1 billion so far this year and it's just getting started

And finally...
Perfect shopping soundtrack revealed by scientists
Spanish senator blames €1 trillion national debt on homosexuals


Wednesday, August 20, 2014

 

News Links, August 19-20, 2014

## Global Ponzi meltdown/House of Cards ##
Foreigners Dump Record Amount of US Securities, But Who the Heck Is Still Buying?
EU Trains for Bank Closures With U.S. Agency That Shuttered 500
Recovery Mirage in Spain Dissipates Into Ashes
France scraps deficit target, as eurozone recovery halts
Russia launches China UnionPay credit card
Ukraine Overnight Interest Rates Soars to 17.5%; External Debt Cannot Be Paid Back; Ukraine Demands Rebels Surrender
Russia Widens Ruble Band as Free-Float Plan on Track
Argentina and 10 More Countries Near Bankruptcy
Rising Robots: Is it Obvious Robots Cost Human Jobs? Looking for Someone to Blame?
Class still counts on zero-gravity flights
Ukraine's Next Crisis? Economic Disaster
UAE credit bills surge 21% during 2013
Are Capital Inflows Propping Up U.S. Markets?
Idiot's Guide to Austrian Economics
Peak Inequality: The .01% And The Impoverishment Of Society

## Airline Death Spiral ##
UN urges exit screening for Ebola at some airports
Monarch Airlines to cut workforce in shift to becoming low-cost carrier
IATA Appeals for Airline Access to Ebola-Hit Nations
Airlines should maintain services to Ebola-hit regions that need connections with the outside world, the International Air Transport Association said today after more carriers put flights on hold.
Qantas loss tipped to top $1bn
Qantas 'may cut $1 billion from its international business'
Thai Airways will restructure after a large 2Q2014 loss
Regional flyers looking for more comfort 
US bans all American airlines from flying over Syria

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russian choppers in China for multinational drills
Russia considering boosting Navy's operational readiness
Isis threat: David Cameron wants an alliance with Iran
Britain must prepared to ally itself with Iran to combat the "shared threat" of Sunni Islamist extremists in Iraq and Syria who want to create "a terrorist state" that could extend to "the shores of the Mediterranean," David Cameron has said.
Ron Paul On 24 Years Of War In Iraq: What Have We Accomplished?
Russia's sanctions threaten both EU farmers and policymakers
Russia's food import ban has become a big problem for Europe's farmers, and its central bank policymakers. From Polish apples to French pork and Greek peaches, exporters to Russia may either have to slash prices, or destroy their own produce.
Egyptian cease-fire efforts collapse
Getting The Ukraine Narrative Straight: Washington Started This Fight, Not Putin
Ukraine: Dozens killed in shelling of convoy
Ukraine accused pro-Russia separatists of killing dozens of civilians in an attack early Monday on a convoy fleeing a besieged rebel-held city. The rebels denied any attack took place, while the U.S. confirmed the shelling of the convoy but said it did not know who was responsible.
Dr. Putin's Diet Plan And The Folly Of Sanctions
Europe pays farmers to destroy food hit by Russian ban
Pentagon Deploys Fighter Jets to Eastern Europe
Libya's Tripoli Sees Unidentified Warplanes, Explosions While UN Condemns Violence
Aquino says Chinese survey ships seen in Philippine waters
Chinese troops enter 25km into Indian territory
Gunmen steal €250,000 in Paris heist on Saudi Prince's motorcade
Gunmen have attacked a convoy of cars belonging to a Saudi Prince in Paris, stealing sensitive documents and 250,000 euros in cash.
U.S., South Korea increasing anti-submarine warfare cooperation

## Global unrest/mob rule/angry people/torches and pitchforks ##
'Negro Spring': In Ferguson Protests, The Middle East Sees Similarities
Ferguson: Generations Of Economic Inequality Fuel Violent Protests
Photos Of Ferguson Unrest 2014: Police Use Tear Gas On Protesters
National Guard deployed to Ferguson
Protesters Storm Governor's Office In Downtown St. Louis, Demand Removal Of National Guard
Thousands protest in Times Square over Michael Brown shooting
St. Louis Cops Shoot and Kill Man Near Ferguson, Crowd Gathers
Ferguson Security Forces Use Armored Vehicles To Disperse Protester Crowd In Tense Moments
Sainsbury's store strips shelves of kosher food as protestors gather outside
Activists Block Israeli Cargo Ship From Entering Port of Oakland
Calls for Revolution, Civil Disobedience in Pakistan as Protests Continue
Is rising unrest in China a threat to the economy?
Incidents of unrest in China are increasing, and analysts told CNBC the country's one-party government may be getting more concerned about the broader impact on social and economic stability.
Anti-fracking group stages day of action (UK)
Social media 'Purge' campaigns spark fear of bloody copycats

## Energy/resources ##
West's historic drought stokes fears of water crisis
Germans Happily Pay More For Renewable Energy, But Would Others?
While Germany is breaking world records for the amount of sustainable energy it uses every year, German energy customers are breaking European records for the amount they pay in monthly bills.
Nuclear renaissance: Nuclear Construction: Never On Time, Or Budget
Nuclear renaissance: South Korea running out of spent nuclear fuel storage space - advisory body
South Korea needs to quickly find additional space where it can store its spent nuclear fuel because some of its temporary storage capacity will be full by 2016, an independent body that advises the government on nuclear issues said on Monday.
How The Worsening Ukraine-Russia Crisis Will Affect Energy Markets
Central agency says south India power shortage set to worsen
Fuel shortage threatens national security (Ghana)
Japan's Tsuneishi warns power shortage to crimp PH shipbuilding operations next year (Philippines)
Ukraine says ready for short-term compromise on Russian gas price
Ukraine may have an energy problem besides nat gas
Ukraine is running low on coal because of violence wracking in the country, according to a Ukrainian coal producer and a private equity firm that makes energy investments in Ukraine.
Lukoil ships oil from southern Iraqi port
Iraqi Kurdistan oil pipeline export capacity to double
Oil Search Ltd. suspends work in Iraq
Solar Boom Driving First Global Panel Shortage Since 2006

## Got food? ##
Hunger in America: 1 in 7 rely on food banks
Hungry Heroes: 25 Percent of US Military Families Seek Food Aid
As risk of drought rises, Australian farmers struggle to invest
Already one of the world's top agricultural producers, Australia has ambitions of becoming a "food bowl" to Asia as it tries to diversify its economy to counter the waning of a decade-long mining boom that brought the country riches. That goal is threatened by its harsh climate - private insurance to protect against drought is generally too expensive for farmers, undermining their capacity to invest to boost output as they must if Australia is to feed more of Asia's fast-growing middle class.
U.S. farmers fight poisonous wheat fungus with cleaning, waiting
The "head scab" fungus can produce vomitoxin, a chemical that is poisonous to humans and livestock when consumed at high levels. This year, soft red winter wheat has been hit badly by the fungus, which develops when it rains during the crop's key growing period.
The only food that poor Americans can afford is making them unhealthy
Food crisis in Cameroon
Peanut, almond butter recalled for salmonella risk
EU farmers handed €125 million to offset Russia sanctions

## Environment/health ##
Another Ebola problem: Finding its natural source
In Liberia's Ebola-Stricken Villages, Residents Face 'Stark' Choices
Situation in Liberian capital of Monrovia is "catastrophic," medical experts say
WHO Urges "Exit Screening" Of All Travelers In Ebola-Infected Countries As Reported Cases Go Parabolic
Suspected Ebola patients flee from Saudi health clinic
Food distribution to Ebola quarantine sites scaled up as death toll hits 1,200
Fracking Fluids More Toxic Than Previously Thought
100,000 elephants killed in Africa, study finds
'Streamers': Birds Fried in Midair by Solar Plant, Feds Say
The Year in Heat: World on Track for Third-Hottest on Record
Facing Rising Ocean, Pacific Island Town Must Relocate
Mining Spill Near U.S. Border Leaves Thousands Of Mexicans Without Water

## Intelligence/propaganda/security/internet/cyberwar ##
Chinese hackers stole info on 4.5 million U.S. hospital patients
Boston Police Used Facial Recognition Software To Grab Photos Of Every Person Attending Local Music Festivals
eBay goes down for 10th time this year amid Internet blackouts
Microsoft cloud service Azure restored after partial outage
Microsoft's Visual Studio Online outage hits users worldwide
US won't reveal records on health website security
U.S. government's nuclear watchdog victim of cyber attacks -report
Tips for parents: To post or not to post?
When Will the Government Stop Trying to Send This Reporter to Jail for Telling the Truth?

## Systemic breakdown/collapse/unsustainability ##
Researchers say this year's ecological footprint has already been exceeded
Although there's four months left of 2014, humans have already exhausted the ecological space for this year. This means that there has been more consumption of resources than the planet can handle, and over-consumption is only getting worse, according to researchers.
World's Aid Agencies Stretched To Their Limits By Simultaneous Crises
Police tell Detroiters to buy guns in city riven by race issues and crime
California Drought: Bay Area loses billions of gallons to leaky pipes
Why Were The Police In Ferguson Told Not To Stop The Rampant Looting On Friday Night?
Potholes ahead on the road to scientific discovery could make you sick
Italy: the story of the donkey and the economist
Ebola Outbreak: Liberian Army Ordered to 'Shoot on Sight' Anyone Crossing Sierra Leone Border

## Japan ##
First Studies Of Fukushima Accident Show Serious Effects On Wildlife
Tokyo Weighs Written Guarantee of Nuclear-Plant Safety
TEPCO struggling to freeze radioactive water
Japan looking to buy more stealth fighters in fiscal 2015
SDF holds drill to defend remote islands
Heatstroke sends 2,229 to hospitals
The Japanese delusion
Survey Finds More Job Dissatisfaction in Japan

## China ##
With cigars and crystal, Volvo makes eyes at Chinese rich
Lead contamination scare hits Heinz infant food in China
Guangdong adds 20 mln permits to China's biggest carbon market
Guangdong, the biggest of China's seven pilot carbon trading markets, will this year hand out around 6 percent more emission permits to companies than in 2013, potentially aggravating oversupply that sent prices tumbling earlier this year.
China plans to fight terror with 'dozens' of new cities
Just when you think you've heard it all, someone comes up with an even dumber idea. -- RF
Direct investment down 17pc as China's factories lose allure
Compare: Turnout for Hong Kong's Pro-Democracy and Pro-China Rallies
Denying Historians: China's Archives Increasingly Off-Bounds
Further Signs of China's Slowing Property Markets

## UK ##
Over-65s in work increases to more than one million since start of coalition
Sainsbury's removes kosher food from shelves amid fears over protesters
EU exit could force Wall Street banks to desert Britain
Some foreign banks are reportedly already drawing up plans to move activities abroad amid concerns that the UK is drifting further away from the EU
Hundreds of children taught in classrooms with over 70 pupils
Hundreds of children are being taught in classes with more than 70 pupils amid a growing crisis over primary school places, according to official figures.
British Bosses Are Paid 143 Times More Than Staff
London Home Asking Prices Plunge Most in More Than Six Years
DIY divorce: Britons pay 30pc less to split
Rail fares to rise by average of 3.5% in January
Campaigners demand curbs on above-inflation fare increases, as ticket prices rise nearly four times faster than wages
'Not for Shale': UK Protesters Launch Widespread Actions Against Fracking

## US ##
Reports: Autopsy shows Michael Brown shot six times
Human Rights Watch USA – Amnesty International Deploys in America
The World Comments on Ferguson – Egypt Urges Restraint While China Tells the U.S. to "Stop Pointing Fingers"
Video of the Day – CNN Anchor Wonders Why Police Aren't Using Water Cannons in Ferguson
Why so much anger in Ferguson? 10 facts about the massive economic gap between white America and black America
Only Rich Know Wage Gains With No Raises for U.S Workers
One in Seven Americans Rely on Food Banks for weekly food: Study
36% Of Americans Haven't Saved Anything For Retirement
Your paycheck has been shrinking for 5 years
6 Large Companies That Do Subprime
Ben Bernanke's Bogus Bromides: Trickle-Down Failed Again
USDA: Cost to raise child up slightly to $245,340
Why city dwellers pay more to raise kids
College Tuition Costs Soar: Chart of the Day
The cost of higher education has jumped more than 13-fold in records dating to 1978, illustrating bloated tuition costs even as enrollment slows and graduates struggle to land jobs.
Part-Time Workers a Full-Time Headache on Yellen Radar: Economy
The poor get poorer: Low-wage jobs still dominate
Oklahoma Wind Power Companies Run Into Headwinds
Twilight of democracy: Los Angeles Considers Giving Citizens Lottery Tickets if they Vote
Jamie Dimon's Big $13 Billion Secret – The Truth Behind the JP Morgan Settlement
Naturally, the settlement merely served to once again demonstrate that white collar crime pays in America. Jaime Dimon's compensation was raised 74% last year to $20 million, the company's stock is near an all-time high, and nobody went to jail.
Debt collectors are now preying on other debt collectors

And finally...
Man drives car into swimming pool after shoe gets stuck
Three pairs of 'Zoo Jeans' ripped by lions and tigers sell for a combined $3,500
Man shows up for jail in T-shirt with mug shot


This page is powered by Blogger. Isn't yours?