Tuesday, April 22, 2014


News Links, April 22-23, 2014

## Global Ponzi meltdown/House of Cards ##
Japan's Trade Deficit Quadruples as Imports Surge Ahead of Sales Tax Hike
Cause of Suicide: Austerity
New study finds direct link between Greek austerity cuts and increase in male suicides
Why Putin Is Smiling At The Bond Market's Blockade Of Russia
Citigroup to seek sale of 50 branches in California
China's economy could pay price for local government land sales
Local governments in China are increasingly relying on land sales to cover budget deficits, a move that could exacerbate the downward pressure on land prices and hurt the overall economy.
Mega-Debt Pledge Puts Turkish Finances to Bonds in Peril 
Turkey's pledge to guarantee the debt of contractors on public-works projects threatens to balloon government spending, a headwind for foreign buyers of the nation's bonds.
ECB Threatens Negative Interest Rates; Bank of NY Mellon Threatens Charging for Euro Deposits
America's Consumers Are Dropping, Not Shopping: McDonald's Posts Worst Q1 Same Store Comps In A Decade

## Airline Death Spiral ##
Transparent Airfares? Anything But, Consumer Groups Say
Employees at Jet Airways fear layoffs as airline embarks on cost-cutting spree
Airlines try to squeeze even more seats into your plane
Armrests out: Airlines put the squeeze on weight
Travelers Love Airlines - Except for the Flying

## Fault lines/flashpoints/powder kegs/military/war drums ##
Experts: U.S. must have OKd transfer of missiles seen in Syria rebel videos
The heavy anti-tank missiles recently shown in videos being fired by Western-backed Syrian rebels were manufactured in the United States, and their transfer to the rebels would have required direct American government approval, according to experts in international weapons deals.
Water Wars: The Next Clash between India and China
China Prepares Massive Investments in Crimea
In Shift to Africa, US Troops Find Complicated Relationships
The West and Russia: a tit for tat game. Part 3
Ukraine president calls for new anti-rebel offensive as crisis deal falters
White House to Send $8M in Non-Lethal Items to Ukraine
Second US Warship Enters Black Sea To "Promote Peace And Stability"
US Drones Continue 'Massive' Operations in Third Day of Attacks
New spectre in Ukraine: nuclear plants as targets
Fighting could disrupt offsite power plants or transmission lines servicing the reactor, and could also prevent diesel fuel from reaching the plant to replenish standby generators. Operators could abandon their posts should violence encroach. Moreover, combatants could invade nuclear plants and threaten sabotage to release radioactive elements to intimidate their opponents. Others might take refuge there, creating a dangerous standoff.
As I've said before, nuclear reactors are all ticking time bombs. As global unrest and instability increase, so does the probability of disruption at nuclear power plants. Fukushima is just a preview of what will eventually and inevitably happen all over the world as collapse proceeds. -- RF
U.S. force in Afghanistan may be cut to less than 10,000 troops
US to send 600 troops to Eastern Europe to reassure allies
U.S. Officials Back Abe's Military Push
China waging a quiet three-front war against US: expert
'Piles and piles' of bodies in S. Sudan slaughter
Nationalism Not NATO Brought Down The Soviet Empire: Let The People Resolve The Ukrainian Borders, Too

## Global unrest/mob rule/angry people/torches and pitchforks ##
Students Deploy Riot-Ready Social Media
Protesters fight police, burn Maduro puppets in Venezuela
Furious Chinese Rioters Beat Corrupt Policemen To Death

## Energy/resources ##
The EIA is Seriously Exaggerating Shale Gas Production in its Drilling Productivity Report
Saudi's SABIC Says Natural Gas Shortage Limiting Domestic Growth
Central Asian Hydroelectric Water Wars Heat Up
Indonesia's PLN expects LNG demand to double in 2015 - executive
Egypt to lift natural gas prices for homes, businesses
Searching The Planet To Find Power For The Cloud
Researchers at Greenpeace estimate that if the cloud were a country it would be one of the biggest consumers of electricity on the planet. "It would rank around sixth in the world," says Gary Cook at Greenpeace. "That is right after Russia and right before Germany."
Libya expects delays at key oil terminal
Turkey to get more gas from Russia
Turkish Energy Minister Taner Yildiz said Monday his country agreed to increase gas capacity through the Blue Stream pipeline by more than 18 percent.
China's crude imports from Iran up 36% in March
Iraqi pipeline 'unusable'
An oil pipeline carrying crude from Iraq's Kirkuk oilfields to Turkey's Mediterranean port of Ceyhan is "unusable" because of persistent militant attacks, Turkey's energy minister was reported as saying on Monday.
Gazprom says will meet rising gas demand in Europe
Russia's Putin Wants Beefed-Up Presence In Arctic
Obama Admin Gives Nuclear Loan Guarantee For Free

## Got food? ##
Kraft recalls 96,000 pounds of Oscar Mayer wieners
Yes! We have no bananas? It could actually happen
Venezuelans wary that food ID cards are thin end of rationing wedge
Maine baby lobster decline could end high catches

## Environment/health ##
Virus expert says MERS infection prevention, control has "broken down" in Saudi Arabia
Sharp Rise In MERS Cases May Mean The Virus Is Evolving
Skin cancer rates soar thanks to sunbeds and cheap holidays
Africa Land Grabs Endanger Elephants: Report
Powerful Narcotic Painkiller Up For FDA Approval
Rare Birth Defects Still Spiking in Washington State
Next stop for Chikungunya virus: The U.S.?
Eating flowers 'could help reduce cancer risk'

## Intelligence/propaganda/security/internet/cyberwar ##
White House asks American parents to monitor their children for signs of terrorism
In a speech earlier this week, Lisa O. Monaco, President Barack Obama's assistant for homeland security and counterterrorism, insisted that American parents must be vigilant because their "confrontational" children could be on the verge of becoming terrorists.
More surveillance cameras for Mexico City
Gates-, Carnegie-funded student data group to close after NY pulls out amid privacy fears
Launched in 2013 with $100 million in financing from the Bill and Melinda Gates Foundation and Carnegie Corp., the nonprofit's goal was to give educators a data-based tool to personalize instruction. InBloom, based in Atlanta, offered to store and synthesize student data, such as grades, disciplinary actions and disability records in cloud-based servers.
Peddler of Iraq War Lies Now Pushes Lies On Urkaine to Drum Up Confrontation with Russia
Clapper bans US intelligence employees from 'unauthorised' media contact
Obama ordered to divulge legal basis for killing Americans with drones
Marines looking for a few good actors to play terrorists in training exercises
Teen stowaway shows holes in vast airport security
Although the 15-year-old apparently wanted nothing more than to run away, his success in slipping past layers of security early Sunday morning made it clear that a determined person can still get into a supposedly safe area and sneak onto a plane.
Which backs up my assertion that either (1) the US faces no credible "terrorist threat," or (2) would-be terrorists are among the dumbest people on the planet. -- RF
US 'Silently' Stripping Open Net Protections
Scientists explore possibilities of mind reading

## Systemic breakdown/collapse/unsustainability ##
The Political Poison of Vested Interests
Once vested interests take control, the only possible "solution" left is collapse. I have long identified diminishing returns as a key dynamic in the current unraveling of the Status Quo. Why is this so? We can summarize diminishing returns as dumping more money, capital, energy and effort into a system just to keep the output from falling to zero.
On Rackets—Military, Banking, Health Care, College Loans—And The Demolition Derby In America's Interior Cities
Citigroup's leaders say company is still too complex
Austerity endangers Spain's road users
Spain's roads fall victim to austerity measures with urgent investment needed to restore road surfaces, markings and crash barriers
America's Empire And Credit Bubble Are Reaching Their "Sell-By" Date
How income inequality can lead to more financial crises

## Japan ##
Japan logs record $134B trade deficit in FY 2013
Japan Trade Deficit Largest in History; Imports Soar, Exports Barely Up In Spite of Collapsed Yen
Bank of Japan may still opt for huge JGB buys, when it acts: Suda
The Bank of Japan is likely to hold off on expanding monetary stimulus for as long as possible but when it does act, it will take "extraordinary" steps such as buying government bonds on a massive scale, a former central bank policymaker said on Monday.
Japan overhauls its public pension fund, the world's biggest
Housewives in Japan See No Benefit from Abenomics (video)
Debt Rattle Apr 21 2014: The Twilight Of The Rising Sun
Japan Imports Record Level Of LNG, Coal
146 Japanese lawmakers visit Yasukuni shrine
More activists sue over Abe's shrine visit
Defense Ministry to monitor numerous flights by Russian military aircrafts near Japan
Govt eyes financial aid for school lunch fees
Labor shortage hits major industries
Tokyo to install security cameras on public elementary school commute routes

## China ##
Chinese Bad-Loan Ratio Rises 'Significantly,' Huarong Says
China's bad-loan ratio rose "significantly" in the first quarter, increasing risks for the nation's banking industry, according to the nation's largest manager of soured debt.
Exodus of Japan Inc. Slams China
China seizes Japanese cargo ship over pre-war debt
Xi's Squeeze Leaves China's Heartland Missing Boom
Coal slump turns Ordos into ghost town
Betting on land sales brings high risks for China's provincial debt
Developers In China Combat Real Estate Oversupply With Wacky Deals And Deep Discounts
Crackdown on extravagance to continue during holiday
Amid Fear of Growing Violence, China's Police Start Carrying Guns
Car repair services far more profitable than sales in China
Car owners in China are facing huge maintenance and repair costs that often amount to more than buying a new car, reports the Guangzhou-based Southern Weekly.
China's Impending CCFD Unwind: Speculators Are Hocking Any Cargo That Ships—Iron Ore, Soybeans, Palm Oil, Rubber, Zinc, Aluminum, Gold, Copper & Nickel

## UK ##
Fuel thieves steal 30,000 litres of diesel from major pipeline
Rise of the 'super workers' who never take time off
Decline of the traditional family doctor revealed
Vince Cable warns businesses on 'ridiculous' pay awards
As companies prepare for their annual general meetings, Mr Cable has written to all FTSE 100 companies to remind them that pressure on pay awards must be kept up to assuage public anger.
End to Mediterranean dream for 90,000 Britons who left Spain last year
UK Hunting the Rich – Abandon UK Before you cannot.

## US ##
IRS gave bonuses to employees who didn't pay their taxes
Analysis: America's Middle Class Falters As Nation's Richest Rise
Brand names that appear in NY standardized tests vex parents
Sorry, Fed Inflationistas: Technology Is Deflationary
Subprime reborn: Mortgage Standards Are Plunging – It's Muppet Fleecing Time All Over Again
As Army shrinks, young officers being pushed out
The Fed's $33 Trillion Bent Spoon Trick
The Fed's enormous balance sheet in seven charts
"It's Impossible To Work Your Way Through College Nowadays"
Retail Store Closures Soar In 2014: At Highest Pace Since Lehman Collapse
Fields And Farm Jobs Dry Up With California's Worsening Drought
D.C. switching to REAL ID, all District driver's licenses to be replaced
America's Fastest Shrinking Cities
McDonald's profit falls, U.S. diners not 'lovin' it'
Higher Beef Prices Taking a Bite Out of McDonald's Profits
Fast-Food CEOs Earn Supersize Salaries; Workers Earn Small Potatoes
Why even $1M may not be enough for retirement
The "War on Street Artists" – Puppeteer Unlawfully Arrested and Harassed in NYC Subway
While wealthy white collar criminals rape and pillage society with total immunity, those who have no voice are being increasingly stomped down upon by an unjust system.
Ku Klux Klan establishes neighborhood watch in Pennsylvania
Number Of Middle Age Californians Living With Their Parents Soars
It's another chapter in the saga of the declining nuclear family. -- RF
Nevada Standoff a Symptom of Increasing Authoritarianism

And finally...
Spanish 'Robin Hood' swindled banks of nearly $700,000 — and then gave it away
Bear walks down streets in Canadian town with jar stuck on its head

<< Home

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