Wednesday, August 20, 2014


News Links, August 16-18, 2014

## Global Ponzi meltdown/House of Cards ##
Hong Kong Cuts Growth Forecast After Unexpected Contraction
France's Housing Construction "Recovery" From Hell
France rebels against austerity as Europe's recovery collapses
Brazil's World Cup Hangover: A Shrinking Economy
Spanish public debt tops one trillion euros
Italy's Renzi must bring back the lira to end depression
QE will come to the eurozone – and, like elsewhere, it will be a failure
The trend for part-time work sweeping the world: Part-time work dominating jobs in the United States, Canada, and Japan.
Deere to lay off more than 600 at four U.S. plants
Cut, baby, cut! -- RF
NAFTA Is 20 Years Old – Here Are 20 Facts That Show How It Is Destroying The Economy
Can The Enigmatic Chinese Businessman Behind The Nicaraguan Canal Complete The Project?
Russia may become World No. 2 gold miner this year
Rocky Days Ahead: The GDP "Growth" Story Is Getting Tired
Neighborhood Economic Bully – America Recklessly Throws its Weight Around
Afghanistan running out of cash as poll deadlock drags on
Japan-style lost decades give Seoul jitters as household debt tops quadrillion won
McDonald's summer camp seems to be thinly veiled child labor
Emperor Augustus stables in Rome to be reburied due to lack of funding
The fate facing Augustus' monuments contrasts with his glittering rule over the burgeoning Roman empire, which expanded into Africa, Germany and Spain during his 41 year reign.
U.S. Investment Outflow Hits Record as China Cuts Holdings

## Airline Death Spiral ##
Ebola Regional Spread Puts African Airline Links at Risk
South Korea Eyes Easing Tough No-Fly Zone Rules
Struggling with rising fuel prices and lackluster passenger traffic, South Korea's airlines have a major obstacle that prevents them from cutting costs: Too many no-fly zones over the domestic skies.
SkyWest tells city it's shutting down Chico airline service
Garuda could delay aircraft deliveries, cut long-haul routes after 1H losses
Governments keen to keep their money-losing airlines aloft
Finnair, struggling to implement cost cuts, warns on profits
Air Canada Expands Preferred Seating Options for Customers Seeking Additional Legroom on North American Flights
The 7 Secret Fees That Make Airplane Tickets More Expensive

## Fault lines/flashpoints/powder kegs/military/war drums ##
World peace? These are the only 11 countries in the world that are actually free from conflict
Nato-Member Turkey Threatens Western-Owned Banks, Shifts East, Cozies up to Russia
Finland President Heads to Russia to Meet Putin; Phone Rings in Switzerland Over Cheese
"Anti-Putin" Alliance Fraying: Germany, Slovakia, Greece, Czech Republic Urge End To Russian Sanctions
Russia's food import ban is a boon for these Brazilian, Swiss, and Turkish companies
Rebels Inflict Heavy Damage on Ukrainian Military Vehicles; Anti-Putin Sanction Alliance Crumbles
Ukraine says troops entered rebel-held city
Ukraine separatist leader says rebels getting tanks and reinforcements
Ukrainian rebels are receiving new armoured vehicles and fighters trained in Russia, with which they plan to launch a major counter-offensive against government forces, a separatist leader said in a video released on Saturday.
NATO Would Respond Militarily To Crimea-Style Infiltration: General
Kurdish Forces Retake Parts of Iraq's Largest Dam
Sunni tribal leaders offer to battle Islamic State if Baghdad makes concessions
US Sending More Arms to Lebanon to Fight Militants
Nigeria's Brutal Islamist Sect Boko Haram Stages Fresh Mass Kidnap
Islamic State: ISIS Makes Gains On Rebel Strongholds Near Aleppo And Executes 700 From Syrian Tribe
Hamas Rejects Egyptian Cease-Fire Proposal, Says Its Demands Must Be Met
Former enemy Vietnam seeks U.S. help to counter China

## Global unrest/mob rule/angry people/torches and pitchforks ##
Two anti-government marches arrive in Pakistani capital
Imran Khan Calls For Civil Disobedience In Pakistan
Fallout from Canadian Mining Disaster Continues As First Nation Delivers Eviction Notice
Gov declares emergency, imposes curfew in Ferguson
Ferguson, Mo., stores looted overnight
Police deploy tear gas to impose Ferguson curfew
Tesco store trashed by Gaza protesters
Hong Kong Rally Against Occupy Central Attracts Thousands

## Energy/resources ##
Alberta's oil sands among riskiest energy plays in the world, report says
Some of the world's costliest energy projects are in Alberta's oil sands and some could be cancelled without higher oil prices, according to a new report by a London-based financial think-tank that focuses on climate risk.
Puerto Rico keeps the lights on, but debt crisis far from over
Will 15% Of Uranium Supply Be Lost On August 28th?
IEA report implies US crude production may start to peak 2016
Power cut hits 27,000 on Western Isles, Skye and west Highlands
Brazil Drought: São Paulo Could Run Dry in Less Than 100 Days
California Drought Spurs Groundwater Drilling Boom in Central Valley
Drillers have more work than they can handle, as water tables fall and experts warn of long-term consequences.
Ukraine starts test imports on gas link from Slovakia
Germany Reaches New Levels of Greendom, Gets 31 Percent of Its Electricity From Renewables
Kurds sell 3rd major oil cargo, 4th heads to Croatia
Nuclear renaissance: Delays for SC nuclear plant further pressure industry; questions over potential delays in Ga.Expensive delays are piling up for the companies building new nuclear power plants, raising fresh questions about whether they can control the construction costs that crippled the industry years ago.
The cost of caring for Europe's elderly nuclear plants
Household rubbish from the Home Counties is being used to keep lights on in Europe

## Infrastructure scavenging ##
Metal thieves expose SA pedestrians to dangers

## Got food? ##
Millions face food shortage in East and Central Africa: Aid agency
Ebola may leave 1 million in need of food help
Farmers and Consumers Seeing Spike in Food Prices
Cost Of California Farming Grows
Mussel 'catastrophe' puts French moules-frites at risk
Mussel growers in western France have called for emergency state aid as they face an "unprecedented" squeeze following a 90-per-cent plunge in production of the shellfish blamed on bad weather and pollution.
Score one for vegetarians — meat prices are surging in Canada
Companies That Control the World's Food

## Environment/health ##
Ebola epidemic has been 'vastly' underestimated: WHO
One patient in a 200-bed hospital: how Ebola has devastated Liberia's health system
WHO: Ebola cases surpass 2,000
Guinea reopens Ebola clinic as sick spill over border
Liberia: Ebola fears rise as clinic is looted
Liberian officials fear Ebola could soon spread through the capital's largest slum after residents raided a quarantine center for suspected patients and took items including bloody sheets and mattresses.
Struggling Liberia creates 'plague villages' in Ebola epicenter
Alabama Facing 'Serious' Tuberculosis Outbreak In Prisons
How Much? Some Generic Drug Prices Are Skyrocketing: Analysis
Tibet's glaciers are warmer than they've been in 2,000 years
'Garbage Patch' in Pacific Grows to Hundreds of Miles
Even With $100 Million, WHO Says It Will Take Months To Control Ebola
Lake Erie Algae Bloom Crisis Is Putting Pressure On Ohio, Farm States To Tackle Agricultural Pollution Problems
Minnesota City Passes "Bee-Safe" Policy
Shorewood, Minnesota has become the first city in the state, and the third city in the nation to pass a bee friendly policy. The city council unanimously approved a "bee-safe" resolution that encourages planting bee-friendly flowers and restricts the bee-killing pesticides, neonicotinoids. The city has already begun planting clover, which will provide nectar and pollen forage for bees in city parks.
Hundreds of bioterror lab mishaps cloaked in secrecy
More than 1,100 laboratory incidents involving potential bioterror germs were reported to federal regulators during 2008 through 2012, reports show. Details of what happened are cloaked in secrecy.
Monsoon floods hit north India, 1,500 villages under water

## Intelligence/propaganda/security/internet/cyberwar ##
Sharks are biting Google's expensive cables
German security recorded Clinton conversation: media
Web Trolls Winning as Incivility Increases
Supervalu becomes latest to suffer data breach
Australian foreign minister's phone hacked by unnamed country during stand-off with Russia over MH17
Chinese national in custody for allegedly hacking into Boeing computer
One of NSA's Biggest Contractors Will Now Be Recording Your License Plate Numbers
You Can Get Hacked Just By Watching This Cat Video on YouTube
Washington's Propanda Machine At Work: The Hushed-Up Hitler Factor In The Ukraine

## Systemic breakdown/collapse/unsustainability ##
Slow pace of rail recovery stirs fear of future woes
More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays lingering, raising the risk of a second winter of chaos on the rails.
Is Collapse the Only Real "Fix" to Our Healthcare and Legal Systems?
Ford recalls 160,000 Focus, Escape models for wiring problem

## Japan ##
Japan's Keynesian Demise: A Cautionary Tale For Our Times
A sudden, sharp contraction may be more than a blip
Japan's tax hike still hurting personal spending: Nikkei survey
Yubari, Japan: a city learns how to die
Japan plans tax cuts for big capital spenders
Japan plans fund to develop military technology with universities

## China ##
Chinese Power Consumption Crashes: Lowest Growth In 16 Months, Tumbles 10% In Shanghai, As Much As 22% Elsewhere
Cloud-Seeding Can't Save China's Farmers from Serious Drought
In Shanghai, Free-trade Zone Fails to Rev Up Car Makers
China Bank Bad-Loan Buffers Slip in Sign of Profit Pressures
Chinese banks' loan-loss reserves fell to the lowest level against soured debt in three years, signaling a looming drag on profits from the need to set aside more money as delinquencies rise.
China wraps up anti-Japan propaganda campaign
Shanghai's economy turns in disappointing picture
Brain Drain and Capital Flight: 64% of Wealthy Chinese Plan to Leave China

## UK ##
Glasgow's last shipyard Ferguson Shipbuilders set to close
How Cherie Blair earns £1,000 an hour from the Kazakh taxpayer
Town set to turn off street lights

## US ##
U.S. retailers feel the pinch as frugal shoppers curb spending
The Depleted American Consumer Has Spoken: There Is No "Escape Velocity" In Sight
Will subprime auto loans ignite another credit crisis?
Fed reports $101 billion in new auto loans between April and June with a sizable portion being in the form of subprime debt.
Perry stands by decision to deploy National Guard
Congressman Hank Johnson of Georgia Will Introduce Bill to Stop the Militarization of Police
Tiny Georgia police department posts terrifying SWAT video
Foreign holdings of Treasury debt top $6 trillion
Ferguson Unrest Shows Poverty Growing Fastest in Suburbs
Detroit to Sell Millions in New Debt to Settle Bankruptcy
Postal Service still losing money despite rate hike
Hemp homecoming: Rebirth sprouts in Kentucky
At last, something sensible. -- RF
CITI: The Economy Has Entered Its Scary 'Phase 3' Where Bubbles Form Prior To A Crash
Nanny state alert: South Carolina Woman Arrested for Cursing in Front of Her Kids
Atlantic City fears closing casinos may be eyesore
Haves, have-nots divided by apartment poor doors
Have insurers found new ways to avoid the sick?
Even the Upper Middle Class Struggles to Save Money
Great Graphic: U.S. Household Debt Has Barely Fallen

And finally...
Pastafarian fights for his right to wear a colander on his head in driving licence photo

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