Monday, April 20, 2015

 

News Links, April 21, 2015

## Global Ponzi meltdown/House of Cards ##
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low
China's Central Bank Cuts Reserve Requirement Ratio By 100 Basis Points To Combat Slowdown
When The Herd Goes Manic—–Shanghai Shows How Its Done
Denials Mount as Greece Robs Peter to Pay Paul; Shell Games and Check Kiting
Grexit Step #1: Tsipras Seizes All Public Sector Cash—–More Capital Controls Coming
Unsound Banking: Why Most of the World's Banks Are Headed for Collapse
World Ponders Life After US Hegemony
Millionaire Businessman Wins Finland Election
As Petrobras scandal spreads, economic toll mounts for Brazil
People making more on their homes than they earn at work (NZ)
"I'm still in shock," Mr Duncan said after learning how much his old property fetched. "It's just disbelief. It was an 80s house, three-bedroom do-up. Where is the market going? God help New Zealand."
China rocking the global economic boat launched 70 years ago

## Airline Death Spiral ##
Computer security expert blocked from flight after tweets
Angry Passenger Throws Hot Soup onto Flight Attendant
Unruly Passenger Causes Diversion for Germany-Bound Flight
Skymark rejects most of creditors' claims

## Fault lines/flashpoints/powder kegs/military/war drums ##
Electromagnetic Railgun's First at-Sea Test Set for Summer 2016
Iran: Next Battleground for Arms Deals?
China's Xi in Pakistan to cement huge infrastructure projects, submarine sales
Sales of US arms fuel the wars of Arab states
Israel: We Can Target Russian-Made Weapons
Arab Army Chiefs To Meet On Joint Military Force
Fighting, gasoline shortage intensify Yemen crisis
NATO activity near Russian borders increased by 80% – General Staff
Houthi: Saudi Goal Is Occupation of Yemen
US warship heads to Yemeni waters; could block Iran weapons
U.S. says might talk to Iran about regional stability, cites Syria
The U.S. State Department said on Monday it might talk with Iran about promoting regional stability, noting it had been open to including Iran in past efforts to achieve a Syrian peace deal if Tehran had altered its policy.
As the U.S. Consulate in Irbil, Iraq Is Bombed, Can America Still Do Diplomacy in the Middle East?
Bombs shatter houses in Yemen capital, hit near Iran Embassy
US Begins Training Ukrainian Guardsmen Despite Russia's Concerns
El Chuyin, leader of Juarez cartel, captured in Mexico
How ISIS Became A State——The Old Fashioned Way Through Violence And Protection Rackets
A good read. -- RF
Japan, U.S. consider joint surveillance in South China Sea

## Global unrest/mob rule/angry people/torches and pitchforks ##
Iranians chant 'death to Israel, U.S.' during military parade
As we've seen here, Iranians have plenty to hate the US and its allies for. -- RF
South Africa's 'Rainbow Nation' turns dark as immigrant attacks rise
Labor unrest disrupts transport services in Portugal as unions fight reforms, sell-offs
'Stop TTIP': Global Day of Action Draws Tens of Thousands
The inequality bubble is accelerating, worse than '29, even 1789

## Energy/resources ##
Why Nuclear Power Is All but Dead in the U.S.
Canadian oil and gas firms 'bleeding money' amidst darkest outlook in a decade
Tackling the Skills Shortage Challenge in the Oil, Gas Industry
A happy customer: China invested $21 billion in Iran's oil sector
Three Reasons Oil Will Continue to Run the World
The Chilling Thing Blackstone Said about the Oil Bust
Costs for Germany's nuclear exit could rise to 70 bln euros
The bill for shutting down Germany's nuclear power plants and building a safe disposal site for nuclear waste could rise to 70 billion euros, the head of a government commission told daily Frankfurter Rundschau in an interview.
The costs will certainly be much greater than €70 billion. -- RF
Do Biofuels Still Have A Place In The Global Energy Mix?
Less than a decade ago, biofuels were set to take the energy world by storm. They promised a low-carbon alternative to gasoline, while advances in algae technology were taking biofuels beyond the traditional soybeans and corn. In 2015, the contrast could not be starker.
Halliburton Warns Of Weakness In N. America, International Operations
South Africa's power utility to cut 1,000 MW of electricity on Monday

## Got food? ##
Almonds get roasted in debate over California water use
Sacramento Valley rice farmers say they will grow less due to drought
Shoppers should brace for higher food prices, driven by beef and pork (Canada)
Crickets Are Not a Free Lunch, Protein Conversion Rates May Be Overestimated
6 simple tricks to nix food waste at home

## Environment/health ##
Excellent: How to Free the Soil by Depaving
Monsanto seeks retraction for report linking herbicide to cancer
Mysterious disease that kills patients within 24 hours leaves at least 18 dead in Nigeria
Wedge of warm seawater known as 'the blob' blamed for marine havoc
Worldwide electronic waste worth $52 billion; 60 percent household appliances
A veil of secrecy shields hospitals where outbreaks occur
California's New Drought Rules Would Require Cuts of Up to 36%
U.S., China top dumping of electronic waste; little recycled
Yangtze pollution pushes Chinese sturgeon to brink of extinction
As Lake Mead Levels Drop, The West Braces For Bigger Drought Impact
Climate change: can the Seneca collapse save us?
Breast cancer cases may grow by 50 percent by 2030

## Intelligence/security/internet/cyberwar ##
Advertisers are looking inside your brain: Neuromarketing is here and it knows what you want
An alarming new way to steal your passwords
Meet Cyber P3 – The U.S. Military's Public-Private Partnership to Create Corporate/Government "Cyber Soldiers"
NSA Chief: Rules of War Apply to Cyberwar, Too

## Propaganda ##
BuzzFeed has deleted over 1,000 articles, three due to advertiser complaints
A Fact-Resistant 'Group Think' on Syria
CBS News' anchor Scott Pelley is known for his clueless journalism which never goes beyond Official Washington's "group think" – and he was at it again in a dangerously provocative "60 Minutes" segment on the sarin gas attack near Damascus, Syria.

## Systemic breakdown/collapse/unsustainability ##
Mediterranean Becomes Mass Grave as Europe Struggles With Migrant Crisis
BMW recalls 91,800 Mini Coopers to fix air-bag sensor
Disrupt or Be Disrupted
The Decline and Fall of the United States
Humanitarian Crises Mount With Fighting Across Iraq

## Japan ##
In Japan, schools so small they can't even form soccer teams resist the ax
Japan to require parliamentary consent for international missions
Japan's ruling coalition has agreed to require advance parliamentary approval for providing logistical support to foreign militaries under new security legislation, resolving a major sticking point and moving closer to wrapping up the debate.
Japan white goods shipments fell 12.2 percent in fiscal 2014
In security shift, Japan eyes equal partnership with U.S.
Abe breaking arms taboo with Japan's first defense trade show
Japan will host its first international defense trade show next month, underscoring Prime Minister Shinzo Abe's bid to loosen the shackles of its postwar pacifist Constitution amid territorial tensions with an increasingly assertive China.
McDonald's Japan to close 131 outlets
Child poverty panel launched

## China ##
China Floats QE Trial Balloon, PBoC May Launch LTROs
China's Latest RRR Cut To Help Maintain Stable Liquidity: People's Daily
Why China's RRR cut reeks of desperation
Automotive industry's profits take a tumble
Almost one-fifth of the automakers and spare parts producers in China were in the red, a 7 percentage point increase, according to the data.
China aims to make RMB more freely usable
Does the Collapse of a Chinese Developer Signal the Start of More Defaults?
Over 100,000 officials reprimanded so far in China's austerity crackdown

## UK ##
Children to receive free vitamins as lack of direct sunlight causes rise in rickets cases
Energy companies' fuel reserves contain five times the amount of carbon dioxide that can be safely burned, report says
442 Mental Health Experts Call for an End to Austerity
Yes indeed, austerity sucks. But I still say that it's the wave of the future. -- RF

## US ##
Chicago on the ropes: Credit Swap Event Triggers for Chicago Schools: Out of Cash in 30 Days, Cooking the Books to Oblivion: Rauner Ponders Bankruptcy; Emanuel Out to Destroy Middle Class
American Justice – FBI Lab Overstated Forensic Hair Matches in 95% of Cases, Including 32 Death Sentences
Another Reason To Move Away From California: 'Conditions Are Like A Third-World Country'
Student debt now makes up nearly half of federally owned financial assets
The student debt epidemic is spiraling out of control and the public is becoming more aware of the situation.  $1.3 trillion in student debt is now outstanding.  This is already a problem with nearly one out of three loans in repayment already in some form of delinquency.
Officer Charged in Beating of Man, Floyd Dent, During Traffic Stop
US Military Spending Still Up 45% Over Pre-9/11 Levels; More Than Next 7 Countries Combined


Sunday, April 19, 2015

 

News Links, April 19, 2015

## Global Ponzi meltdown/House of Cards ##
Signs the market is girding for a Greek default, in 4 charts
Another 5.27 Billion in Capital Flight from Greece in March
Greek bond yields soar as debt default fears swell
Greece scrapes bottom of barrel in hunt for cash to stay afloat
Australia Runs out of Luck, Now Needs a Miracle
Australia, you have officially run out of luck. While leveraged property investors in Sydney and Melbourne are desperately hunting for a senseless "net-yield" that makes the yield on a German 2-year bund look rewarding, the Australian mining sector is screaming towards what may be one of the greatest and colossal economic breakdowns in modern Western history.
Huge Trouble Is Percolating Just Under The Surface Of The Global Economy
China sets up coordinating group for modern Silk Road
Wal-Mart cutting layer of management in stores: Bloomberg
The Global Liquidity Squeeze Has Begun
This Pattern Signaled The Last Two Crashes—-And It Just Happened Again
Wall Street falls steeply with China, Greece fears paramount
U.S. Airlines Shift to Smaller Jets for Many Domestic Flights
US-led finance at crossroads: AIIB steals show at G-20 as IMF criticized

## Airline Death Spiral ##
After Alps crash, some experts ponder flights without pilots
'Mindful' things: Airlines aim for friendlier skies
Vietnam mulls rule to discourage pilots from quitting job
Germanwings crash reveals industry's failure to address pilot suicide
US airlines accused of hypocrisy in subsidy debate
A meager lifestyle for workers who cater to the high-flying
Government support to the airline industry is common
The jumbo jet faces a make or break year at Boeing, Airbus

## Fault lines/flashpoints/powder kegs/military/war drums ##
Ethiopians talk of violent intimidation as their land is earmarked for foreign investors
China Begins Construction Of Aircraft Runway On Disputed Spratly Islands: Report
More combat ships on way from European shipyards
U.S. fails to stem flow of illegal firearms to Mexico
Islamic State proves resilient, presses attack in Iraq's Ramadi, Baiji
US Paratroopers Arrive In Ukraine, Train National Guard Soldiers To Fight Pro-Russian Rebels
Why The Odds Of A U.S.-Russia Military Collision Over Ukraine Are Rising
Kiev's Reign Of Repression And Death
There seems to be a "suicide" epidemic afflicting opponents of the current Ukrainian government – eight opposition politicians and two journalists have mysteriously died since the beginning of the year.
How Ukraine Commemorates the Holocaust
Pundit Thomas Friedman says the new Ukraine regime "shares our values" but – as much of the world marked the 70th anniversary of the Nazi Holocaust finally being ended by Russian and U.S. armies – politicians in Kiev were busy honoring Ukraine's Nazi collaborators.
Italian Navy Retakes Fishing Trawler From Suspected Pirates Near Libya In Mediterranean Sea
Beyond Blackwater Massacre, Renewed Concern Over Rise of Mercenary Armies
As Yemen Spirals Further into Chaos, UN Urges Humanitarian Relief
World Bank-Funded Projects Fueling Land Grabs, Displacement of Global Poor
Three dead in drug cartel gunfight, riot in Mexican border city
Russia's Putin Says Ready To Work With United States: TV
Vladimir Putin Raises Concerns Over Israel's Plans To Give Weapons To Ukraine
Bill to revise 'emergency-at-periphery' law aims at enforcement of Japan-U.S. security pact
Heavy clashes in central district, suburb of Tripoli
Making Unnecessary Enemies in Yemen
The Saudi-Israeli tandem is trying to pull the U.S. and other militaries into the Yemeni civil war by arguing that the Houthi rebels are Iranian proxies. But the reality is much more nuanced and the American interest may go in a different direction.
China Readies $46 Billion for Pakistan Trade Route

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands March Against Spain's Anti-Protest Laws in the World's First Hologram Protest (Video)
Anti-immigrant unrest hits South Africa as Zuma condemns violence
U.S. fast-food workers mark Tax Day demanding higher wages
Illinois Man Commits Suicide in Front of U.S. Capitol Holding a "Tax the 1%" Sign
Clowns Brawl With Protesters Under Circus Big Top in San Bernardino
Thousands in Germany protest against Europe-U.S. trade deal
China complains Japan's air, sea surveillance raises safety risks
Protesters, police clash in Seoul amid ferry disaster memorials

## Energy/resources ##
Schlumberger profit falls 39%; cuts 11,000 jobs
Cut, baby, cut! -- RF
Europe to draw up energy crisis contingency plans
Canadian oil producers' profit poised to tumble to decade low
South Africa power cuts persist, utility races to fix plants
Blackout-hit South Africa parachutes in expert to fix utility Eskom
Massive blackout hits Macau
Are fossil fuels about to become extinct?
Gambia hit by water, electricity crunch
Mindanao's power woes may persist until end of summer
Electricity rationing unlikely to affect homes: MOEA (Taiwan)
The Inconvenient Truth About A Green Revolution
Oil Prices Taking Their Toll On North Dakota Production
Has The Bakken Peaked?
The EIA Is Bizarrely Optimistic About Future US Oil Production
Indian delegation to visit Iran to discuss oil deals - sources
New UK nuclear plants under threat as 'serious anomaly' with model found in France
Insolvency-Related Implications for the Oil and Gas Industry in the US

## Lifestyle Solutions ##
The Value of Learning To Cook

## Environment/health ##
Secrecy shrouds decade-old oil spill in Gulf of Mexico
An Associated Press investigation has revealed evidence that the spill is far worse than what Taylor - or the government - have publicly reported during their secretive, and costly, effort to halt the leak.
Five years after the Deepwater Horizon rig exploded, wildlife is still struggling
BP Oil Spill: Louisiana Wetland Loss Is Speeding Up Due To Crude From Deepwater Horizon Disaster
Dwindling bird populations in Fukushima

## Intelligence/security/internet/cyberwar ##
TSA Trained Disney, SeaWorld to SPOT Terrorists
Syrian Rebels Caught in 'False-Flag' Kidnapping
In August 2013, when the U.S. government almost went to war in Syria over a Sarin attack, suspicions that it was a rebel "false-flag" were ridiculed. But new disclosures about a rebel role in kidnapping NBC's Richard Engel several months earlier show the rebels knew such propaganda tricks.

## Systemic breakdown/collapse/unsustainability ##
The Retro Future (The Archdruid Report)
Increasingly, it's the military/police vs. the hoi polloi. -- RF

## Japan ##
How Wall Street Is Exporting Toxic Junk Loan Waste To Yield-Starved Japan
Summons of Japanese media raises complaints of interference
Japan's ruling party summoned executives from two leading television networks Friday, the latest in a series of actions that opponents say endanger press freedom and intimidate the media.

## China ##

## US ##
Prisoners Inside America's Raging Storm
America's obsession with meting out long prison sentences for drug offenses and various non-violent crimes has produced a vast population locked inside a prison-industrial complex and assigned to work for pennies an hour.
Students in debt and professors barely getting by all the while tuition soars.

## Hillary Clinton ##


Wednesday, April 15, 2015

 

News Links, April 16, 2015

## Global Ponzi meltdown/House of Cards ##
WTO Cuts World Trade Growth Forecasts For 2015 And 2016
Latin American Economic Future Looks Grim Thanks To Commodity Prices: IMF World Economic Outlook
As the world's major economies celebrate record-low oil prices, the outlook for countries in Latin America isn't especially optimistic. New data from the International Monetary Fund say that economic growth in the region has declined for the fourth consecutive year, and thanks to record-low global commodity prices and continuing political problems, it doesn't look to be improving anytime soon.
Sub-Saharan Africa Falls Behind In Fight Against Extreme Poverty: World Bank Report
Oil-Rich Nations Selling Petrodollar Assets at Record Pace
Global Commodity Deflation Alert——Copper Heading For $2/Pound After China "Financing" Deals Unwind
Greece's poor are back to where they were in 1980
Greek Sovereign Debt Downgraded at S&P
European Central Bank to stress: No way we'll taper stimulus
Banks Across Europe Pay Borrowers To Buy Homes
No Major Country Is More Exposed to Banks than Australia
Magnificent Housing Bubble Unravels in Much of Canada
The International Monetary Fund comes with new danger signals for the Norwegian economy
Spotlight on China: Margin Debt, Trading Accounts, Construction Equipment
Central bankers gather privately in Washington this Friday to discuss gold
Economies focused on growth alone are on a path to self-destruction
The Changing World of Work 3: "Full-Stack" Skills
Idiot's Solution to Negative Interest Rates: Abolish Cash, Tax Currency
Here Comes The Next Greece——Ukraine Seeks Haircut On $40 Billion Of Private Debts
China Takes Aim At Dollar Reserve Status: Promotes Yuan In Investment Bank
Debt collectors phone, email, text and write letters 65 million times a year (Australia)

## Airline Death Spiral ##
Shrinking airline seats spark health concerns
Planes are filled with more passengers than ever before. Fliers are older and heavier. Flight attendants warn about an increase in air rage, and experts question if having rows of seats packed closer together might make it harder for passengers to evacuate after a crash.
Skymark to wipe out capital for debt repayments
Skymark Airlines plans to use up its entire capital to reduce a heavy debt load exceeding assets, according to a preliminary rehabilitation plan submitted to the court.
Plans to cram more seats in airliners won't sit well with fliers
TSA screeners accused of groping men during checks at Denver airport
Lost bags? Flight delayed? Major airlines to set up new independent complaints service - but it probably won't be free
Hidden cameras catch airport workers stealing from luggage
Looming pilot shortage threatens regional airports
After job cuts, Frontier Airlines customer complaints soar
Airline food workers strike at LAX, affecting international flights
Two Britons fined $3,000 each for throwing peanuts at cabin crew, forcing flight to divert to Bermuda
GAO: Newer aircraft vulnerable to hacking
Seoul orders Asiana pilots to undergo more training after second crash in two years

## Fault lines/flashpoints/powder kegs/military/war drums ##
Senate Compromises on Iran Deal, Obama Will Sign Bill
President Hillary Clinton's Middle East Policy: Interventions, Wars, More of Same
The Iranian Ascendancy
Obama warns Iran its fighters in Iraq must answer to Baghdad
Russia To Supply S-400 Air Defense Systems To China
Russia Using Iran Nuclear Deal To Expand Sphere Of Influence
U.S. Military Should Stay Home: America, Not Iran, Is Biggest Threat To Mideast Stability (Forbes)
Saudis Pour Oil on the Mideast Fire
Saudi Arabia, now in alliance with Israel and with tacit U.S. approval, is dragging the Middle East into a nightmare of sectarian conflict, pitting its own warplanes and Sunni terrorists against Shiites, Christians and other minorities as part of a misguided competition with Iran.
Russia Impinges on Israeli 'Right' to Bomb Iran (Ray McGovern)
American neocons are in a lather over Russia's decision to go ahead with the sale of anti-aircraft missiles to Iran. The apparent outrage is that Iran thinks it has a right to protect its citizens from Israel's right to launch airstrikes into Iran's territory.
South Korea, Japan Hold Security Talks
This is a big deal, considering the cold winds blowing between the two neighbors. -- RF
Al Shabaab militants attack Somali government building, at least 10 dead
Australia Sends 330, NZ 100 Troops to Train Iraqi Forces
Afghan warlord warns of Islamic State rise
Islamic State takes 3 Iraqi villages, presses into Ramadi after Tikrit loss
Obama drops Cuba from terror list, readies for showdown with Congress
Israel hails 'achievement' in its bid to block Iran nuclear deal
Did Money Seal Israeli-Saudi Alliance?
The odd-couple relationship between Saudi Arabia and Israel may have been sealed with more than a mutual desire to kiss-off Iran. According to an intelligence source, there was a dowry involved, too, with the Saudis reportedly giving Israel some $16 billion.
Religious Fanaticism is a Huge Factor in Americans' Support for Israel
Sweden: Suspected Foreign Submarine Turned Out to Be a Fishing Boat
Russian Military Drills Continue With T-90A Tank Exercises Near Ukraine Border, Report Says
When 'Sanctions' Boomerang—–The Forgotten Lessons Of 1941

## Global unrest/mob rule/angry people/torches and pitchforks ##
The inequality bubble is accelerating, worse than '29, even 1789
14 reasons an economic crash could trigger a deadly revolution
Attacks on Refugee Hostels a Growing Problem (Germany)
Protesters gather in New York to demonstrate against police violence
Protests in U.S. cities against police violence prompt arrests
German city braced for protests as G7 foreign ministers meet
Protesters Slam Wall Street Elites for Profiting Off 'Misery of Workers'
Brazil Military Coup? Protesters Demand 'Intervention' Against Dilma Rousseff Amid Corruption Accusations
Fight for $15 protests expand for low-wage workers
Low-Wage Worker Protests Elicit Sympathy On New York City Streets
Hundreds of residents in southwest China demand to know source of foul smell

## Energy/resources ##
South Africa loses a quarter of power supply in plant breakdowns
South African utility Eskom said on Tuesday it had lost 9,500 megawatts (MW) of electricity due to unplanned outages, forcing it to implement widespread power cuts, in one of its most serious breakdowns in years.
Feds Inspect Calvert Cliffs Nuclear Reactors After D.C. Blackout
Oro power outage worsens
Residents in Cagayan de Oro City are now experiencing more than eight hours of daily brownout in shift. In its new advisory on Monday, Cagayan de Oro Electric Power and Light Co. (Cepalco) has resorted to load shedding in three shifts to contain the power supply shortage that Mindanao has been experiencing since last month.
The ultimate limits to carbon burning: an order of magnitude calculation
How Much Water Does The Energy Sector Use?
Oil-Rich Nations Are Selling Off Their Petrodollar Assets at Record Pace
This Chart Shows That US Rig Counts Still Have Farther to Fall
Bakken Shale Oil Well Output Drops To Lowest Since 2009
Trucking Along Alaska's 'Ice Road' To Northern Oilfields Freezes To A Halt
The Exodus Begins: Oil ETFs See Biggest Outflows In 15 Months
Forbes: "Shale Oil Boom Goes Bust"
Oil layoffs hit 100,000 and counting
Coal ship queue at Australia's Newcastle port below 30 for third week
EIA: US Crude Oil Output To Soar Till 2020 Despite Price Rout
The Next Crime Wave in Farm Country: Stealing Water
Royal Dutch Shell-BG Group merger a sign of 'Darwinian' mood of oilpatch, veteran analyst says
Massive Nuclear Buildout in India Will Require A Lot More Uranium
Russia's Lukoil sets up shop in Iran
Poland's nuclear project pushed back at least another two years: sources

## Infrastructure scavenging ##
Factory suffers seven power cuts due to metal thieves
The cost of cable and metal theft
Copper wire theft for salvage puts public safety at risk
Cable theft from Retford station leaves trains in chaos

## Got food? ##
The FDA's phony nutrition science: How Big Food and Agriculture trumps real science — and why the government allows it
Over-consumption, climate change threaten food security, water supply: FAO
Even though it's terrible for us, more antibiotics are being used on farm animals than ever before
The numbers are staggering: US is 'world leader' in child poverty

## Lifestyle Solutions ##
Composting corpses

## Environment/health ##
Rowing venue for 2016 Rio Olympics filled with dead fish
Fracking Increases Radon Gas Hazard, US Study Finds
If Walls Could Talk: What Lead Is Doing To Our Students
Scientists Warn of Hormone Impacts From Benzene, Xylene, Other Common Solvents
Americans Spent $374 Billion on Big Pharma Drugs Last Year

## Intelligence/security/internet/cyberwar ##
France Considers Forcing Google to Disclose Search Algorithm; Too Much Satisfaction!
Creepy 'Sat Nav' Device Steers People With Tiny Jolts Of Electricity
Google has patented the ability to control a robot army
Blair: Cyberwar carries risk of self-inflicted damage

## Propaganda ##
Peace Must Be Stopped At Any Cost; Lies and Hypocrisy on Iran

## Systemic breakdown/collapse/unsustainability ##
The God Of Technological Progress May Well Be Dead
This week, Chris and John Michael Greer address the global faith in inexorable technological advancement as a cure-all to every predicament we face. In many ways, it's become the dominant religion of the 21st century. Sadly, there are a growing number of threats for which 'improved' technologies actually exacerbate the risks (particularly in regards to depleting critical resources) -- but society refuses to acknowledge this, as it runs counter to the tech-as-savoir meme so many are pinning their hopes on.
India builds first 'smart' city as urban population swells
Putting the Real Story of Energy and the Economy Together
VA building projects riddled with mistakes and cost overruns
Detroit, Stockton bankruptcies may flag wider problems: Fed's Dudley
Only small number of Jeeps fixed 2 years after recall began
US Airline Industry Hits Five-Year Performance Low
Leaving Las Vegas: Lake Mead Water Levels Continue To Crash
Technology To Clean Up Fukushima Plant Doesn't Exist Yet

## Japan ##
Japan court bars restart of Takahama nuclear reactors
Japan May Not Restart Nuclear Reactors After All
Tepco resumes survey of crippled Fukushima reactor vessel with new robot
It would take up to 16 hours to evacuate if Takahama nuclear plant has disaster: NRA
Japan scrambling warplanes as often as during Cold War era
Glitch leaves 119 emergency number down for 2nd time in two months in Tokyo
Abe pledges to help spread hydrogen stations
Waste of money. -- RF
IMF Calls On Bank of Japan To Crank Up Stimulus Steps
IMF raises Japan's growth forecast to 1% for 2015
New fund planned to help children in poverty
SDF 'should protect Australia forces'
The government has stated that the Australian military should be among the foreign forces to which the Self-Defense Forces will be allowed to provide protection in a so-called gray zone incident.
Lifelike female robot to work help desk at Tokyo department store

## China ##
China Margin Debt Is Soaring—–Like Its 1929
China Seeks Dominance in Athens Harbor
China Buys Powerful Military Weapon From Russia: New S-400 Triumf Air Defense Systems Designed To Shoot Down Any Enemy Aerial Target
Chart Of The Day: Chinese Piggies Squealing Towards The Slaughter
Komatsu Construction Equipment Orders In China—–Bottom Dropping Out
China's Crude Imports Slow to 4-Month Low as Storage Tanks Fill
China furthering economic ambitions with AIIB
Realty growth sinks to single-digit level

## UK ##
London stakes its claim as global bitcoin hub
Power and internet outages will kill digital currencies and just about everything but hard cash. -- RF
Warmer waters threaten future of traditional fish and chips
Russian warship tracked by Royal Navy in the Channel
Russian warships in English Channel 'to conduct anti-aircraft and anti-submarine military drills'
Clarification issued over massive British oil find
Primary school places in England 'near breaking point'

## US ##
Counting The Workers The BLS Doesn't Count—–The 2014 Unemployment Rate Was Actually 11.4%
The Six Too Big To Fail Banks In The U.S. Have 278 TRILLION Dollars Of Exposure To Derivatives
5 biggest banks now own almost half the industry
Too-big-to-fail banks, instead of getting smaller, are pretty much taking over the financial universe. The largest five banks in the U.S. now control nearly 45 percent of the industry's total assets, according to an analysis from SNL Financial that comes amid an earnings season that has been generally positive for the largest institutions.
The Changing World of Work 2: Financialization = Insecurity
Taxpayers Spend Billions On Government Help For Low-Wage Workers
New Report Finds $153 Billion in Corporate Welfare – Majority of Taxpayer Funded Public Assistance Goes to People Who are Employed
Why your rent will rise again this year
Silence In The Malls: Mid-Market Retail Is Hurting—-Just Like Its Customers
For America's Hidden Hungry There's Been Little Recovery
Corker Signals Veto-Proof Votes Exist as Congress Moves to Kill Iran Deal
Swelling Distressed Bond Market Crashes U.S. Company Debt Party
Small-business optimism slumps to nine-month low: NFIB
Ackman Says Student Loans Are the Biggest Risk in the Credit Market
HRC's connections with Monsanto and Walmart
Hillary Clinton's Sweet, Cozy Connection To For-Profit College Industry She Now Attacks
All Hail Hillary – Iowa Students Locked in Classrooms as Clinton Arrives at College to Visit "Everyday Iowans"
US Developers Now Building Homes with Chinese Buyers in Mind
The main concept used to make US real estate more acceptable to Chinese buyers is fengshui, the ancient art of geomancy used to make buildings and environments more harmonious to live in.
IRS budget cuts might sound great, but they make bad stuff happen to taxpayers
Why 78 Million Millennials Are Choosing Non-Union Jobs
Fed's Dudley Warns about Wave of Municipal Bankruptcies
Meredith Whitney jumped the gun, but her prediction of mass municipal bankruptcies is coming true. -- RF
DEA Agents Caught Having Drug Cartel Funded Prostitute Sex Parties Received Slap on the Wrist; None Fired
Mining, utilities sink U.S. industrial production
U.S. industrial output posted its biggest drop in more than 2-1/2 years in March in part as oil and gas well drilling plummeted, highlighting the negative impact of lower crude prices and a strong dollar on the economy.
Landmark Reparations Package Announced for Victims of Chicago Police Torture Regime
America's iconic companies that disappeared
California drought gives 'toilet to tap' a new level of attention
Empire State Manufacturing Index Back in Contraction, New Sales and Unfilled Orders Sharply Decline
Congress Will Increase The Deficit By 20% This Year
Swelling Distressed Bond Market Crashes U.S. Company Debt Party
NY Fed's "Plunge Protection Team" Starts Chicago Trading Floor "In Case Of Disaster Or Other Eventuality"
Why Is WalMart Mysteriously Shuttering Stores Nationwide For "Plumbing Issues"?
25% of college adjunct faculty get government assistance

And finally...
FBI Uncovers Al-Qaeda Plot To Just Sit Back And Enjoy Collapse Of United States (The Onion)
School For Strippers Closes Due To Noise Complaints


Monday, April 13, 2015

 

News Links, April 14, 2015

## Global Ponzi meltdown/House of Cards ##
Bundesbank Tells German Heta Creditors: Expect to Lose Half
Asia's Richest Add $64 Billion as the Market Frenzy Rolls On
Global Financial Markets Go Nuts
World Bank Cuts East Asia Growth Forecast, Warns Of Risks To Outlook
China's March Exports Slump Fuels Fears Of Lowest Q1 Growth In 6 Years
Greece to Default on IMF in May, June if No Deal Reached
Greek Bank Update: Depositors Fleeing, ECB Plugging The Hole With 100B EUR
China-Led Infrastructure Bank to Welcome U.S. 'Anytime'

## Airline Death Spiral ##
IndiGo, Jet Airways Hike Cancellation Charges
New Report Shows Over 260 Security Breaches At Airports
Plane forced to land after 80yo woman 'attacks, bites' crew
Disruptive passenger forces Air Canada flight to land in Ireland
Disruptive man removed from Phoenix-bound Flight
United Airlines Flight Turned Back Due to Disruptive Passenger
Airplane passenger tried to strangle Ottawa soccer player Oliver Minatel 'with the cord of his headphones'
Plane Diverts, Two Passengers Arrested
Flight attendants want 'air rage' fines boosted
Singapore to toughen laws against unruly air travellers
Airline passengers have more to complain about, report finds
Think flying is getting worse? A pair of university researchers who track the airline business say it's a fact. More flights are late, more bags are getting lost, and customers are lodging more complaints about U.S. airlines, government data shows.
The Airlines' Scores Are In, and They Aren't Pretty

## Fault lines/flashpoints/powder kegs/military/war drums ##
Italian Industry Gears Up for Navy Renewal
Jihadists attack Iraq's largest oil refinery
China, Russia and eastern Europe boost defence spending
OSCE Reports Intense Fighting Between Ukraine And Pro-Russian Rebels As Foreign Ministers Meet In Berlin
Russia opens way to missile deliveries to Iran, starts oil-for-goods swap
Israel angry as Russia approves missiles for Iran
Indonesia eyes regular navy exercises with U.S. in South China Sea
Ignoring Iranian Calls for Diplomacy, Saudi Arabia Continues Assault on Yemen
Saudi Arabia Slams Iran for Urging Yemen Ceasefire
Neocon 'Chaos Promotion' in the Mideast
After the Persian Gulf War in 1991, America's neocons thought no country could stand up to the high-tech U.S. military, and they realized the Soviet Union was no longer around to limit U.S. actions. So, the "regime change" strategy was born – and many have died.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hundreds take to the streets in protest over power plant (China)
Brazilians march against Rousseff government
Hundreds of thousands of Brazilians took to the streets Sunday, venting anger over government corruption and economic drift a month after larger protests gathered more than a million people.
Political unrest eats up $2.2 billion in third quarter (Bangladesh)
Driver pulls out chainsaw during road rage incident
One of the many road rage incidents that occur each day. Driving cars started out as an exciting, liberating experience, but morphed into hell on wheels. Do you really think that self-driving cars are going to change that? -- RF
Angry protests disrupt start of Turkish mine disaster trial
Thousands March in Canada to Demand Action on Climate Change

## Energy/resources ##
Report – US Oil Rigs Now at Lowest Count Since December 2010
Japan to draft guidelines for disposal of solar, wind power facilities
As with nuclear power (but certainly not to the same extent), disposal will cost far more than envisioned. The chief means of "recycling" old renewable-energy hardware will be illegal dumping and scavenging. And replacing end-of-life renewable installations will cost much more than anticipated, thereby considerably reducing the amount of renewable energy. -- RF
Falklands oil drillers scale back after price slump
Iran says it's ready to send gas to Europe
North Dakota rig slump continues
Shale Oil Boom Could End in May After Price Collapse
The Real Reason Californians Can't Water Their Lawns
California Is "A Totally Artificial World Of Water Use" & Desalination Can't Fix It
Unfinished nuclear plants raise safety doubts
A new generation of giant reactors, meant to provide fresh hope for nuclear power in Europe, has been found to have a serious safety problem.

## Got food? ##
Why Everyone in the U.S. Will Feel California's Drought (video)
Farmers angry after high-yielding rice fails to perform as advertised (China)
Liangyou 0293, a hybrid rice variety developed by Yuan Longping High-Tech Agriculture Co Ltd and grown in east China's Anhui Province suffered massive crop failure after being infected with rice blast, a fungal disease.

## Environment/health ##
Record sea-surface temperatures in Pacific point to record warmth in 2015 and 2016 (Australia)
U.S. Finds First Case of H5N2 Bird Flu in Commercial Chickens

## Intelligence/security/internet/cyberwar ##
Iran's state TV social media accounts hacked
The Chinese government may have been spying on India's leaders and defence companies for a decade
The New York Post Reports – FBI is Covering Up Saudi Links to 9/11 Attack
How to get around government curbs on the Internet
NSA declares war on general purpose computers
Decade-Long Cyberspy Attack Hacked Southeast Asian Targets
UAE Gave $1 Million to NYC Police Foundation; Money Aided 'Investigations'

## Propaganda ##
DHS is influencing America's TV shows, movies, electric cars and much more!
Nato War Propaganda: A Danger to World Peace

## Systemic breakdown/collapse/unsustainability ##
How America's Theme Parks Kill Our Souls
The Nasty Blowback from America's Wars (Ray McGovern)
There are historical warnings to countries that inflict violence abroad, that the imperial impulse will blow back on the domestic society with suppression of public debate and repression of common citizens, that the war will come home — as is happening in the United States.
The Decline & Fall of the United States on Schedule
COLLAPSE PHENOMENON: Michael Ruppert's Last Book, First Starring Film Role, and Ascendancy to the National Stage in 2009

## Japan ##
Japan Begins National Security Space Buildup
In January, Japan's Office of National Space Policy cemented a new 10-year space strategy that for the first time folds space policy into national security strategy, both to enhance the US-Japan alliance and to contain China.
Japan court to decide on nuclear plant, crucial to atomic future
Japan's nuclear power output zero for whole fiscal year for 1st time
Nuclear power to be less than 20% of Japan's energy mix in 2030: sources
Tepco to Abandon Robot Inside Fukushima Reactor
Japan's machinery orders fall
70% of govt entities fail to stock sufficient emergency supplies

## China ##
China's March exports shrink 15 percent year-on-year in shock fall
China Importing More Food Than Ever Before as Safety Concerns Mount
Beijing shifts diplomatic focus from US to neighbors
China's 'Great Cannon' Expands Web Tampering Abilities, Group Says
Blow me a bubble: Shanghai index surges to 7-year high
China Wants To Curb 'Parallel Trading' By Limiting Visits To Hong Kong From Neighboring Mainland Shoppers
China's coal imports fall nearly half in 12 months as anti-pollution drive bites

## UK ##
UK Housing Bubble Bursts: Sales Of Luxury Homes Crash By 80% As "Waves Of Wealthy People Are Leaving"
Man tragically dies after shocking 'shopping trolley rage' incident
Sewer study finds rise in hospital admissions following heavy rainfall
Emergency hospital admissions rise following heavy rainfall after a new study found consumers' drinking water can be contaminated by the release of untreated wastewater, increasing the risk for gastrointestinal illness.
UK opposes international ban on developing 'killer robots'

## US ##
Budget deficit rises to $53 billion in March
Nitrogen asphyxiation: The Dawn of a New Form of Capital Punishment
U.S. Senator Rubio tells donors he is running for president: source
Yawn. -- RF
Hillary Clinton: Class President Of A Failed Generation
330 Million Citizens And We're Down To Another Clinton And Another Bush
It's A Bush-Clinton World... And It's Your Job To Vote For Them
Deal or not, many U.S. states will keep sanctions grip on Iran
Another Police Killing Caught on Tape – Oklahoma Cop Shoots and Kills Unarmed Man in Tulsa
The new American retirement plan equates to working forever
Nonexistent nest eggs and most Americans are bad at planning as to how long they will live.
Retiring well? Not most baby boomers
* Only 60 percent of baby boomers report having any retirement savings
* 36 percent said they plan to retire at 70 or later
* 27 percent are confident they will have enough for retirement
The Changing World of Work I: America's Nine Classes
A very instructive piece on the direction taken by the evolution of American society. Even if you don't agree with the "nine classes" categories, the analysis of the emerging neofeudalist order is spot on. -- RF
Life term for 1 Blackwater guard; 30 years for 3 others
Parents in trouble again for letting kids walk alone


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