Monday, May 12, 2014


News Links, May 10-12, 2014

## Global Ponzi meltdown/House of Cards ##
Ukraine crisis: Russia sanctions would hurt Germany's growth
A secret European Union report has warned that economic and trade sanctions being considered against Russia over the Ukraine crisis could have a severe negative effect on Germany, the continent's biggest economy.
Canadian Employment Unexpectedly Declines Second Time in Three Months; Low Interest Rates in Canada for Years to Come
The bedrock of Canada's economy has shifted — and it's not finished yet
A decade-plus shift in the bedrock of Canada's economy — both in product and location — may not be over yet. The "considerable structural change" in what we make and where we make it since 2000 is very much apparent today: a declining manufacturing sector and growing reliance on resource-based industries have shaped our economy in ways we might not have expected.
Putin Need Not Invade The Ukraine: The IMF Is Already Looting It
When $1.2 Trillion In Foreign Bank Funds In The US Dissipate
Biggest Bubbles
BitPay Purportedly Raises $30 Million from Investors Including Richard Branson in Largest Bitcoin Investment Round Ever
Pope Francis Calls for 'Legitimate Redistribution' of Wealth
Art Bubble Also Cracking As 21 Of 71 Works Fail To Sell At Latest Sotheby's Auction
The bubble expands: "no money down" loans come to Asia
Dubai ruler endorses $2.17bn Jumeirah expansion plan
China Bad Debt Could Spark Global Growth Slump
Q1 Imports Below 2012—No Keynesian Escape Velocity Here
Numerous High-Level French Government Officials Pressure ECB to Weaken Euro

## Airline Death Spiral ##
Airlines Push for the Right to Bury Fees in Fine Print
THAI suffers profit unexpected losses of Bt30mln in March
Nordic airlines in tailspin
Singapore Airlines Hit By Q4 Operating Loss
The fear that fewer airlines means higher airfares is confirmed by this chart

## Fault lines/flashpoints/powder kegs/military/war drums ##
Why Eastern Ukraine Is Revolting: It's Ground Zero For Huge IMF Mandated Tax And Gas Hikes
Our People Massacre Civilians in Odessa, and Politico Blames Putin
400 Blackwater Mercs Deployed In Ukraine Against Separatists, German Press Reports
89% Of Donetsk Voters Pick Independence From Kiev; Ukraine Prepared To Fight To Defend Territory
East Ukraine Protesters Barricade In as Civil War Looms
With rumors constantly circulating about the imminent invasion of their towns by neo-Nazi factions from the western portions of the country, eastern Ukraine's towns are mostly under lockdown, with a "siege mentality" setting in.
Ukraine's poor military can only hope it never has to fight Russia
Putin displays Ukraine chess mastery
NATO helps secure strategic infrastructure in Ukraine
Burning Ukraine's Protesters Alive
In Ukraine, a grisly new strategy – bringing in neo-Nazi paramilitary forces to set fire to occupied buildings in the country's rebellious southeast – appears to be emerging as a favored tactic as the coup-installed regime in Kiev seeks to put down resistance from ethnic Russians and other opponents.
Armed men in eastern Ukraine open fire on crowd
Armed men identified as Ukrainian national guard opened fire Sunday on a crowd outside a town hall in eastern Ukraine, and an official for the region's insurgents said there were fatalities.
U.S. Navy Frigate Makes Port Visit in Batumi
Israeli Military 'Broke,' Seeks Billions More in US Aid
Israeli Defense Minister Moshe 'Bogge' Ya'alon has long been pushing for increased budgets, just as every other defense minister of the planet does, but this week revealed a rather shocking turn of events, the Israeli military is broke. Despite billions of annual military aid from the US, Ya'alon announced next month's "Turning Point 8″ military exercise is cancelled, and all other drills are expected to follow, because Israel flat out can't afford them.
NATO Conducts Exercise to Respond to Global Crises at Short Notice
Manila lays out South China Sea defense plan
Philippines jails Chinese fishermen for infringing wildlife law
How China Is Using an Oil Rig to Bolster Its Territorial Claims
U.S. on Sidelines in South China Sea Standoff
US Sending Team of Combat Trainers to Nigeria
Mexican Vigilantes Keep Arms Despite Deadline
US Agents Whisked Out of Yemen after Killing Two in Gunfight: Report
US Special Forces soldier and CIA agent reportedly killed two Yemeni men in botched kidnapping
America Has Switched Sides: Now Backs Al Qaeda and Nazis
Author Amoz Oz calls Israeli hate-crime graffitists 'Hebrew neo-Nazis'
Ongoing fighting in Iraq's Anbar hits businesses

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hundreds Protest Obama's Energy Speech at Walmart
20,000 protesters rally in Bangkok for removal of caretaker government
Thai police fire teargas at protesters bent on toppling 'Thaksin regime'
Anti-government protesters take over Thai television stations
Militants attack presidential palace in mounting Yemen turmoil
Vietnam sees third straight day of anti-China protests
Protest over incinerator hurts dozens in China

## Energy/resources ##
Oil Producer Pleas Snubbed by Norway as Offshore Costs Surge
Oil and gas companies can expect little help from Norway on tackling surging costs as the government of western Europe's biggest crude producer tones down plans for measures that producers hope will boost earnings.
More U.S. Coal Being Exported to Europe
Gazprom Takeover Leaves Southern Kyrgyzstan Without Gas For Three Weeks
New Zealand adds heat from wood to renewable mix
Iran rejects limiting its crude oil exports
Power shortage hits Pakistan at start of summer
German utilities want a public body to shut nuclear plants-sources
What a mess! And the €30 billion won't be nearly enough. -- RF

## Got food? ##
Record Meat Costs Mean Pricey Barbecues: Chart of the Day
Industrial Agriculture: Too Big to Succeed
Food Industry Giants to Wage Legal Battle to Defeat Vermont's Landmark GMO Labeling Law
2014 Dirty Dozen List: The Most Pesticide-Laden Produce You're Eating
Where Are America's 49 Million Hungry - An Interactive Map
Payment problems disrupting Iran food deals: sources

## Environment/health ##
Keep Or Kill Last Lab Stocks Of Smallpox? Time To Decide, Says WHO
Europeans Are Getting Fatter, Just Like Americans
Disease Rides the Dogs of War as Polio, Measles, Typhoid Capitalize on Chaos
Chances Rising for Summer Droughts
Beyond Honeybees: Now Wild Bees and Butterflies May Be in Trouble
The Collapse of the Bees... And How To Save Them
Two new reports this week provide key evidence that back a growing call that the destructive use of large-scale chemical agriculture must be halted in order to give the global bee population a fighting chance to regain their strength as the world's most prolific and effective pollinating species.
Pesticides to blame for honeybee colony collapse disorder, not mites
Though mites do kill honeybees in their hives, pesticides are primarily responsible for the mass abandonment of nests, according to new research.

## Intelligence/propaganda/security/internet/cyberwar ##
Saudi blogger sentenced to 10 years and 1,000 lashes
Taking a photo against a white background? Amazon owns the patent on that
ACLU raises red flag over traffic cameras
Russia's Independent Media All But Silenced
This is an example of the crude systems of propaganda and media control used by most countries. By contrast, the US system is far more sophisticated and successful. -- RF
Samantha Power's Blinding Hypocrisy: Calls Kiev's Bloody Attacks On Protestors "Proportionate And Reasonable"
Federal Agents Seek to Loosen Rules on Hacking Computers
Tracking you softly: New 'Facebook Nearby Friends' feature to alert users when friends within half-mile radius

## Systemic breakdown/collapse/unsustainability ##
When Asked if the U.S. is a Capitalist Democracy or Oligarchy, Janet Yellen Can't Answer…
It is incredible that things have fallen so far that a U.S. Senator felt compelled to ask such a question, and even worse that such a powerful official couldn't vehemently and decisively deny the claim.
UK's Demand for Engineers Far Exceeds Current Supply

## Japan ##
National debt hits record high
Jiji Press Japan's national debt totaled a record-high ¥1.02 quadrillion as of the end of March, up ¥33.36 trillion from a year earlier, the Finance Ministry said.
There's a reason why Japan's minister of finance is also known as the "King of Debt." -- RF
Japan Bank Blocks Bitcoin-Related Wire Transfers
Japan to deploy missile interceptors in Tokyo
The great maglev train giveaway
I repeat: This project will never be finished. -- RF
Japan's current account surplus marks record low in FY 2013
Fukushima residents measuring seabed radiation themselves
Panasonic targets agriculture business with new high-tech greenhouse

## China ##
The Silent Crash of China's Currency
Tumble in Fuel Sales Adds to Evidence of China Slowdown
China audits State Grid as corruption crackdown seen widening
Protest over incinerator injures dozens in China
The Truth About China's Economy
Chinese city suspends water supplies over "quality abnormalities"

## UK ##
The north-east of England: Britain's Detroit?
Millions wait a week to see GP
Patients waited more than a week to see their GP on almost 50 million occasions last year, new figures show as doctors warn pressures are becoming intolerable
Hammond: British Women Could Soon Fight on Frontline
London 2016? Plans to move Rio Olympics to UK amid concerns over Brazil's preparations
Migratory birds on brink of extinction in Britain
Britain has world's most billionaires per capita

## US ##
Chrysler's Phony Recovery And The Delusions Of Its Bubble Merchant CEO
The Decline of Small Business and the Middle Class
Stocks edge higher; Dow reaches another record
Chrysler Recalling 700K Minivans for Potential Fire Hazards
Ford recalls over 750,000 vehicles for software, door-handle faults
Global business tax clamp-down could sting U.S.: IRS official
U.S. Postal Service loss hits $1.9 billion; package volume up
"Dead Men Ruling": Permanent Entitlements And Tax Breaks Drive The National Debt Ever HIgher
Thank You, Dr. Yellen—For That $1 Million Jumbo Mortgage At 100% Financing
Police Shooting Frenzy Raises Concerns
Drone Almost Hit Airliner in Recent Weeks: FAA Official
US household debt nearly twice as high as annual wages and salaries
Federal Oversight Of Pipelines Grossly Inadequate, Watchdog Report Finds
No Mercy in Sight From High Food Prices
'Mom mobiles' a shrinking category for automakers
White House to focus on road, bridge repair
National parks say no to personal drones
Poor Americans Find Becoming 'Banked' a Daunting Quest
NYPD Trolled Jails Hoping to Turn Muslims into Informants

And finally...
Home-Wrecker: Woman Doesn't Like Neighbors, Demolishes Their Home
Japanese bar offering discount to bald customers

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