Sunday, April 07, 2013


News Links, April 6, 2013

## Global Ponzi meltdown/House of Cards ##
Finland Turns to Venture Funds to Rescue Economy: Nordic Credit
SocGen mulls up to 700 job cuts - union sources
NZ govt looking for $1.5 billion from first asset sale
Aid groups fear impact of US austerity budget
Anonymous Whistleblower Behind Exposé Of Massive Offshore Corruption By Banks And Others
"The enormous value of whistleblowers has once again been demonstrated with the release this week of an investigation by the International Consortium of Investigative Journalists into off-shore holdings of people and companies in more than 170 countries and territories hiding trillions of dollars in income and assets."
Canada Unexpectedly Sheds 54,500 Jobs in March; Worst Job Loss in 4 Years; Canadian Dollar Tumbles
Mystery Deepens: Has Cyprus Extended Capital Controls?
Doug Casey: All Banks Are Bankrupt
"All banks, all around the world, are bankrupt, and have been for years. That's because all the world's banks run on a fractional reserve basis."
Jim Rogers: "I Suspect They'll Take The Pension Plans Next; I For One Am Worried, And I'm Taking Preparations"

## Airline Death Spiral ##
Fear of flying rises with flight tower closures on radar
European Airlines Decline as Bird Flu Concerns Spread From Asia
FAA Will Delay Closure Of 149 Air Traffic Control Towers Until June
JAL, ANA eye compensation claims over Dreamliner grounding

## Fault lines/flashpoints/powder kegs/military/war drums ##
Saudi Arabia backs push to carve out liberated southern Syria
Philippines may allow U.S. greater military access: minister
"We are broke," U.N. says as Syria refugee funds dry up
US Secretly Deploys B-1 Strategic Bombers, E-6 "Doomsday" Planes Near North Korea
North Korea Warns Embassies of Conflict Risk as Missiles Move

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thugs target Sri Lankan newspaper office
Where are the activists as austerity bites? They have been beaten back (UK)
"Protesters face violence, arrest and serious charges. Only the brave dare face this savage suppression"
Vietnam farmer jailed for military-style defense of land
Egyptian Sunnis protest against warming Egypt-Iran ties
Triple suicide triggered by economic struggle shocks Italy

## Energy/resources ##
Lukoil Take a Pass on Arctic Energy Resources
"In an interview with the Financial Times this week, Lukoil vice-president Leonid Fedun said it would be much cheaper and less risky for oil companies to pursue Russia's onshore shale reserves than offshore drilling in its Arctic oceans, citing Shell's high-profile setbacks in the region as a warning sign."
Europe to Shut 10 Refineries as Profits Tumble
Sweltering Thailand uses less power as Myanmar gas cut
Alberta may tighten oil sand regulations
Canada pushes for energy trade with Asia

## Got food? ##
Corn seeding expected to stall in coming U.S. Midwest storm
U.S. Drought Watch

## Environment/health ##
Suddenly No Solution For 56 Million Gallons Of Highly Radioactive Toxic Waste Leaking Into The Ground
Argentina flash floods claim more lives
New Bird Flu Seen Having Some Markers of Airborne Killer

## Intelligence/propaganda/security/internet/cyberwar ##
Britain wants to opt out of 'right to be forgotten' online
Is Facebook smartphone just a new way to collect data about you?
Is Apple's iMessage Service Really Uncrackable By Law Enforcement?
NTT East site hacked (Japan)

## Japan ##
Fukushima nuclear cooling system restored after outage
Forex reserves down for 6th month
Pump! Nikkei tops 13,000 for 1st time in 55 months
Deductions strip daily wage of nuclear cleanup workers down to 1,000 yen
"Dinner is a few boiled vegetables. At lights out, each person lies down to sleep in a space the size of two tatami mats, or just over three square meters. This is no prison camp scene, but the reality of workers cleaning up radioactive contamination from the Fukushima nuclear disaster."

## China ##
Shanghai and Zhejiang deaths bring H7N9 bird flu toll to 6
Shanghai closes poultry markets over bird flu
China takes on steel overcapacity

## UK ##
MPs call for ban on 'nerve agent' neonicotinoid pesticides to protect dwindling bee population
Rise of the 'unretired' to transform economy
Britain's biggest gas storage runs out of normal supply
UK gas prices jump as cold bites into storage

## US ##
Exclusive: Disney to begin layoffs in studio, consumer products - sources
Wall Street ratcheting down jobs expectations: JPMorgan economist
Obama budget to offer program cuts, seek deficit deal: official
"President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said on Friday."
Automaker Fisker lays off most workers
Experts: Prison Gang Reach Increasingly Extends Into Streets
21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know
Jobs +88,000, Unemployment Rate 7.6%, Household Survey Employment Drops by 206,000
"The surge in employment fueled by part-time jobs and the Obamacare effect may finally be over. Although the establishment survey showed a gain of 88,000 jobs, the household survey, off which the unemployment rate is based, showed a loss of 206,000 jobs."
Senators Draft Higher Capital Requirement for Biggest U.S. Banks
2013 U.S. silver bullion coin sales may shatter records if trend holds
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
Millions of Boomers Will Be Forced to Live With Less

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