Friday, April 05, 2013


News Links, April 5, 2013

## Global Ponzi meltdown/House of Cards ##
Euro-Zone Set For Continued Contraction
German economic output 'at near stagnation'
Should Egypt's main airport close?
"THE decision, recently been taken by the Minister of Civil Aviation to close Cairo International Airport for four hours every night, could be seen as an honest reflection to the deteriorating economic condition in Egypt."
Canada to lose $15-billion a year on Keystone, lack of oil pipeline capacity: CIBC
Massive offshore tax haven account leak includes names of 450 wealthy Canadians
The Rise and Rise of Central Bank Dependence on QE
BOJ to pump $1.4 trillion into economy in unprecedented stimulus
Competitive Easing Madness; Japan to Double Monetary Base; Draghi Signals More Easing; Yen Plunges
Numbness gives way to anger in Cyprus over bailout
"Public shock in Cyprus about the tough terms of an international bailout is turning into anger as millions of euros remain locked in the country's banks."
97% Of Spanish Social Security Pension Fund In Domestic Bonds
Central Bank Efforts May 'End in Tears': Pimco CEO El-Erian

## Airline Death Spiral ##
Turbulences in Northern Europe's Airspace: Do we still need flag carriers?
Boeing may do 787 certification flight on Friday: source
Airline Stocks: Is It the End of the Party?
Mergers Bringing Stability to Long-Troubled Airline Industry

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russian arms exports set to widen
"Western defense manufacturers heartened by recent upsurge in arms sales in Asia including the Middle East are finding a potent new competitor in Russia."
North Korea moves missile to east coast amid threats of attack on US bases
Libya Probes Oil Pipeline Explosion
Pipeline boosts Iran, Pakistan defiance
"The Iran-Pakistan gas pipeline recently inaugurated in the face of stiff U.S. opposition has bolstered an emerging partnership between two Muslim states."
U.S. sends F/A-18 warplanes to Philippine military drills
"Washington is this week deploying a dozen F/A-18 fighters to the Philippines, the first time it has sent so many of the aircraft there, to take part in annual military drills with a close security ally amid rising tension in the Asia-Pacific region."
Syrian government guerrilla fighters being sent to Iran for training
Israel 'On Alert' as Tensions Soar in West Bank, Gaza

## Global unrest/mob rule/angry people/torches and pitchforks ##
Britain's biggest unions put weight behind plan for general strike
Thousands protest Chevron's shale gas plans in Romania
Fast food workers in New York protest demanding higher wages

## Energy/resources ##
Power cuts hit water supply (India)
LNG gas shipments to Japan soar as Europe demand slacks
Merkel Losing Allies in $700 Billion Shift to Renewable Energy
"Chancellor Angela Merkel is losing support from her two biggest allies in the utilities industry as their mounting debt prompts a retreat from renewable-power expansion, undermining her $700 billion program to reshape Germany's energy market."
Los Angeles Jet Fuel Rises to Three-Week High as BP Repairs Unit
Iran Makes Offer to Sell Indonesia Cheap Crude Oil
"Last month, [State-Owned Enterprises Minister] Dahlan said that Indonesia would continue cooperating with Iran despite the West's embargo against Tehran over its nuclear energy program."
Saudi dependence on oil "wrong and dangerous" - Alwaleed
BrightSource shelves second major solar project this year

## Got food? ##
Beef prices will climb as drought continues
Storms to slow U.S. corn seedings; SW Plains stay dry
March inflation grows to 7.29 percent amid food price rises (Turkey)

## Lifestyle Solutions ##
Sheep replace lawn mowers in Paris suburb

## Environment/health ##
Coast Guard, DEQ investigating widespread reports of chemical odors
"The Coast Guard and the Louisiana Department of Environmental Quality are investigating widespread reports of odors, ranging from burning rubber to oil and gas, in the New Orleans area, according to spokesmen for both agencies."
U.S. proposal to move fracking wastewater by barge stirs debate
Low Great Lakes water levels plague shipping, recreation
China mobilizes to fight new bird flu; Japan, Hong Kong on guard
Superbugs Are a 'Costly War We Can't Win': Doctors
Foreign demand for beef, soybeans adds pressure on Amazon forest
Manatee death toll rises in Florida even as toxic algae ebbs

## Intelligence/propaganda/security/internet/cyberwar ##
Are You A Teenager Who Reads News Online? According to the Justice Department, You May Be a Criminal
ALERT: All Of The Money In Your Bank Account Could Disappear In A Single Moment
Hack attacks hit Bitcoin exchange rates
Japanese web portals hacked, up to 100,000 accounts compromised

## Systemic breakdown/collapse ##
Arkansas Oil Spill Sheds Light On Aging Pipeline System
'Operating with bubble gum and duct tape': Detroit weighs costs of public safety as infrastructure crumbles
Wal-Mart has a problem with not-so-fresh groceries
"On top of empty shelves and long checkout lines, the giant retailer is also struggling with expired produce and other goods."

## Japan ##
Japan central bank to massively expand supply of money in bid to revive stagnant economy
Kyle Bass: "Japan Will Implode Under Weight Of Their Debt"
Japan on alert as China mobilizes to fight deadly new bird flu

## China ##
Six more diagnosed with new bird flu in China
Cook in Zhejiang becomes third H7N9 bird flu fatality
New bird flu strain causes fifth death in China
China Health Scare: Shanghai Starts Killing Chickens To Starve Bird Flu

## UK ##
UK construction sector shrinks for third month running
Leaks reveal secrets of the rich who hide cash offshore
Britain shivers in coldest April day for 20 years

## US ##
Demand for space in U.S. strip malls still weak in first quarter
Ammunition flying off store shelves as laws, rumors, demand drive nation's gun owners
Weekly US unemployment benefit applications jump to a 4-month high of 385,000
First quarter layoffs highest in a year
Falling 500-Ton Stator at Arkansas Nuclear Plant Kills One, Injures Eight and Trips Reactor
"The resulting damage caused the loss of all offsite power to the unit, according to the NRC."
McDonald's: Our Cashiers Don't Need College Degree
10 Flabbergasting Costs of America's Obesity Epidemic

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