Sunday, January 05, 2014


News Links, January 5-6, 2014

## Global Ponzi meltdown/House of Cards ##
Canada's economic growth outlook too 'rosy,' says report
Brazil has worst trade surplus in 10 years
Retreating U.S. stimulus poses risk to world recovery
70 malls and 6,000 retail outlets line up best deals
Dubai keeps making steady progress toward its inevitable spectacular collapse. -- RF
Southeast Asia builds to bulk up burgeoning cities
This is a mammoth disaster in the making. When cities inevitably crumble, there will be an exodus back to the countryside, but none of these people will know how to farm. Talk about tying your own noose! -- RF

## Airline Death Spiral ##
Dead man walking: Italy's Alitalia seeks more bank funding: paper
Alitalia has asked banks to extend an existing loan agreement by 50 million euros ($68 million), daily Il Messaggero reported on Saturday, in a sign the troubled Italian airline may again be facing a liquidity crunch just weeks after a capital increase.
Norwegian Air CEO to meet Boeing over Dreamliner problems
Airline Investors Should Heed Warren Buffett's Wisdom
Private airlines purchase more aircraft, Gov't doesn't build more parking lots (Vietnam)
Unpaid allowances: Air India pilots threaten to stop flying
Saving the aviation sector from imminent collapse (Nigeria)

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iraq conflict: Sunni fighters 'control all of Fallujah'
Iraqi troops battle al-Qaida militants in fighting that kills 34; deadly bombs hit Baghdad
US fears over Al-Qaeda takeover of key Iraqi cities
Iraq Forces May Soon Start Attack to Recapture Fallujah
Kerry promises US support for Iraq as it combats al-Qaida-linked militants, but no troops
Kerry says Iran could help with Syria during Geneva talks
Are we on the brink of war? Academic sparks debate by drawing comparisons between 1914 past and 2014 present
Regional Conflicts in the South China Sea Could Rival the Middle East One Day

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thai protesters march again in bid to bring down government
African migrants in Israel protest in Tel Aviv
Cambodian riot police disperse opposition camp

## Energy/resources ##
Is time up for Australia's uranium industry?
World oil demand to grow 1 mbpd in 2014: OPEC
China and Russia Are Cozying up to Venezuela's Oil Industry
DOE Mentions Technology Behind The Home Nuclear Reactor In Funding Opportunity
Assuming that LENR works, the most important thing to keep in mind is that it will be another fossil fuel extender like renewables and nuclear power. -- RF
Wonders yet to come: A sound basis for energy policy?
Western Sahara dispute dims Morocco's solar hopes

## Got food? ##
Environmentalists say bluefin population being decimated

## Environment/health ##
AP review in 4 gas drilling states finds government confirmation of water contamination in 3
Record-low temperature records could fall as US braces for dangerous 'polar vortex' conditions
Newfoundland in massive blackout after storm wallops Atlantic Canada
No Relief Forecast After One Of California's Driest Years Ever

## Intelligence/propaganda/security/internet/cyberwar ##
State benefit cards hacked (New York State)
Selling clicks to boost social media accounts brings hundreds of millions of dollars
Celebrities, businesses and even the U.S. State Department have bought bogus Facebook likes, Twitter followers or YouTube viewers from offshore "click farms," where workers tap, tap, tap the thumbs up button, view videos or retweet comments to inflate social media numbers.

## Systemic breakdown/collapse/unsustainability ##
Death By A Thousand Cuts: The Silent Assassination Of European Democracy

## Japan ##
Pentagon chief urges Tokyo to improve ties with neighbors
Japan's massive stockpile of plutonium casts shadow over nonproliferation efforts

## China ##
Rising home prices send China's 'Rat Race' scurrying underground
China bond issues vanish as debt crackdown takes hold

## UK ##
Military-style discipline to raise standards in state schools
Former soldiers without degrees will be fast-tracked into teaching and more cadet force units will be established as part of a dramatic expansion of a "military-style" ethos in English state schools
Tony Blair's fortune boosted £13m by 'bumper year'
Battered and bruised: UK faces another barrage of rain as coast counts the cost of 'worst storms in 20 years'
Ed Miliband will block cheap foreign staff loophole

## US ##
Tear-down business in S. California raises longtime residents' ire
Construction of mansions in place of one-bedroom homes prompted some Los Angeles residents to ask the city to tighten its so-called anti-mansionization law.
With Benefits Cut, Unemployed Take Stock Of Dwindling Options
Rapid QE withdrawal could permanently harm U.S. workers: Fed's Rosengren
The Fed Is Hiring: Lots Of Cops
Inspiring confidence: Fed's Dudley says not sure how QE works
Water Bonds Shrivel as California Sees Driest Year
Millions see no benefit from soaring stock prices
Tens of millions of Americans received little financial benefit from the soaring stock market of 2013. The country's wealthiest families typically have hundreds of thousands of dollars in stocks. Yet middle- and lower-class households typically have relatively small investments — if they have anything at all — leaving most Americans with little skin in the stock market game.
10 things you'll pay more for in 2014
For homeless, few options at night

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