Thursday, September 25, 2014


News Links, September 25-26, 2014

## Global Ponzi meltdown/House of Cards ##
ECB To Keep Loose Policy 'For Long Time:' Draghi
Standard & Poor's Warns on Germany Triggering the Next Debt Crisis, Investors Would Lose their Shirts
Eurozone Composite Signals Slowdown; French Private Sector Output Decline 5th Month; German Manufacturing Approaches Stagnation
Blowback: Putin leaves Germany's factories in a worse state than anyone imagined
Canada Warns Its Citizens Not To Take Cash To The USA
Draft Law Allows Russia to Seize Foreign Assets in Response to Sanctions
Russia Asset Freeze Threat Sends European, US Stocks Reeling
Moscow's 'Mr. Yuan' Builds China Link as Putin Tilts East
Russian pipemakers find silver lining in standoff with West
U.S. Skyscraper Values Soar as Tech Boom Lifts Rents
Boehringer to Cut 500 to 600 German Jobs by 2016
1,700 jobs cut as Phones 4U closes 362 stores (UK)
BHP Billiton and Mitsubishi to cut 700 jobs at coal mines (Australia)
5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives
In push for top spot, Volkswagen hits labor, robot problems
Vietnam Growth Worst Since 1980s Opening as Credit Crunch Hits
Why Are The Ultra-Rich Rushing To Buy Gold
Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year?  If stocks are just going to keep soaring, why are they doing this?
India's Richest 100 People Are All Billionaires Now
"Bales Of Cash On The Sidelines": The Average Billionaire Has A Record $600 Million In Cash
With 50 Tonnes Of Gold Smuggled In 10 Days, India's Physical Gold Premiums Set To Double
Venezuela's Gold Appears To Be Still In Venezuela But For How Long?
Five hours, no deal between Japan, US on TPP

## Airline Death Spiral ##
Baggage fees keep Hawaiian Air aloft
Air France withdraws low-cost Europe airline plan
Deer are pests for airports, threats to pilots
Will More Seats Help the Airbus A380 Pay Back Its Development Cost?
Lufthansa pilots threaten strike as talks fail again
Japan probe comes up empty on Dreamliner battery problems

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey 'Considering' Military Action Against Islamic State Group, Erdoğan Says
U.S. Army preparing to deploy division headquarters to Iraq
U.S. told Iran of intent to strike Islamic State in Syria - source
The United States informed Iran in advance of its intention to strike Islamic State militants in Syria and assured Tehran that it would not target the forces of Syrian President Bashar al-Assad, a senior Iranian official told Reuters.
Dutch To Join Anti-ISIS Airstrikes In Iraq, Will Send Fighter Jets And Military Personnel
U.S. Airstrikes In Syria Against ISIS May Cost As Much As $10 Billion
Islamist fighters advance in Syria despite U.S. strikes
ISIS Overruns Iraqi Army Base Near Baghdad, Executes 300 Soldiers
Khorasan targeted in Syria due to new undetectable bomb
Khorasan: New credible threat! Be very afraid! -- RF
Syria Becomes the 7th Predominantly Muslim Country Bombed by 2009 Nobel Peace Laureate
Welcome To Barack Obama's Syrian Gong Show
US Strategy In Syria: Kerry Pledges $40 Million In Aid For Syrian Moderate Rebels
A Look Inside The Secret Deal With Saudi Arabia That Unleashed The Syrian Bombing
Japan, Australia leaders agree to speed up work on defense cooperation pact
Warplane attacks Libya's Benghazi port after threats by ex-general
South China Sea Piracy
Hijackers Increase Attacks on Bulk Tankers in Asian Waters
Oil and shipping giants offer $1.5M to counter Somali pirates
Courting Vietnam, US prepares to ease arms embargo
Obamacare Architect Says Society Would Be Better Off If People Only Lived To Age 75
Long-time readers will no doubt recall the statement by Japan's Finance Minister Aso in January 2013 that old people should be allowed to "hurry up and die." -- RF
A Nation Dividing: Mapping The World's Significant Separatist Movements
PLA sub's Sri Lanka visit shows China power projection in Indian Ocean
Vietnam welcomes efforts by U.S. to end its weapons embargo
Poroshenko to meet Putin on Ukraine's future
Yemen's 'unpredictable security situation' prompts U.S. embassy to reduce staffing
Top China Arms Maker Goes Global With Cheaper Tanks

## Global unrest/mob rule/angry people/torches and pitchforks ##
Rich and poor alike are worried about income gap
Denver area students walk out of school in protest

## Energy/resources ##
Iron ore could drop another $10
Saudi Arabia using more crude oil than ever
Country losing race on renewables as demand accelerates.
EU plans for Iran gas imports if sanctions go
Brazil's Biggest City Is Running Dry
UAE looks to other nations for nuclear waste disposal options
Denmark's Maersk Drilling CEO Sees Slow Deepwater Rig Market In 2014, 2015
EDL: Lebanon at risk of total blackout
Stockpiling Coal For Winter Proves Problematic For Power Plants (US)
Tamil Nadu announces 20% power cut for industrial & commercial users
Freshwater shortage looming as next world crisis
Peak Oil: Are We In The Eye Of The Storm?
Risk service contract: This Is Only The 3rd Oil Project Of Its Kind, Ever
Venezuela suffers another blackout
Iran ready for European gas role
No More Foreplay: Russia Threatens European Gas Supply Disruptions
Why Oil Prices Are Dropping Despite Mideast Unrest
Statoil Calls Off 40,000-Bpd Canadian Oil Sand Development
Norwegian energy firm Statoil said on Thursday it will postpone development of its 40,000 barrel per day Corner oil sands project in Alberta, Canada, for at least three years and cut about 70 jobs at its Canadian unit because of rising costs and limited pipeline space.
Mexican Cartels Steal Billions From Oil Industry

## Infrastructure scavenging ##
Thousands of phone and Internet lines are down in Billingham after thieves cut through nine BT network cables

## Got food? ##
Scientists Step Up Food Fraud Efforts Following Horse Meat Scandal
Food stamp cuts coming in Michigan, 1 of 4 states not taking action to avoid them
Illinois residents are applying for food stamps at double the rate of jobs
UN: only small farmers and agroecology can feed the world

## Environment/health ##
Sierra Leone quarantines 2 million to fight Ebola
Inside an Ebola Protective Suit That Feels 115 Degrees
The Pure Hell At The Heart Of The Ebola Pandemic In Africa Could Soon Be Coming To America
U.S. hospitals unprepared to handle Ebola waste
U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety experts said.
Sorry, Kids, You Might Never See These 10 American Species
Treating fracking wastewater results in new unsafe compounds
Researchers with the American Chemical Society found that even extremely diluted wastewater can still produce toxic byproducts when treated.
Obamacare Website Costs Exceed $2 Billion, Study Finds
Perfect Storm Gathering off America's West Coast
Exercise detoxes body of depressive chemicals, scientists find

## Intelligence/propaganda/security/internet/cyberwar ##
Unhappy Workers Hacking Employers on the Rise, FBI Says
Employees with an ax to grind are increasingly using Internet cloud services and other computer tools to hack their current or former companies, the Federal Bureau of Investigation and Homeland Security Department said.
A Decoy Computer Was Set Up Online. See Which Countries Attacked It the Most
After Home Depot hack, reports of fraudulent activity on credit and debit cards
Facebook to unveil new ad platform to track users across multiple devices
Facebook Wi-Fi Drone the Size of 747 Could Fly in 2015
U.S. Propaganda Enters Into Insane, Irrational Overdrive in Attempt to "Sell" War in Syria
Apple Still Has Plenty of Your Data for the Feds
Apple's new iOS will predict what you type—including, it seems, your passwords
FBI Plans Rapid DNA Dragnets
The FBI is preparing to accelerate the collection of DNA profiles for the government's massive new biometric identification database.
A Police Dog for the Digital Age: She Can Smell the USB Drive You're Hiding
Proposed Terror Law Would Allow Australia's Entire Internet To Be Monitored With Just One Warrant
Australian Senate Kills Civil Liberties with Draconian New Anti-Terror Law in Orwellian Orgy of Baseless Fear-Mongering
Fear! Terrorist Attack On NYC, Paris Subways: ISIS Allegedly Plots Attacks On U.S., French Soil, Iraq PM Says
US has 'no evidence' of Islamic State plot against subways
Government officials said they have no evidence to support an earlier Iraqi claim that Islamic State forces were plotting to attack subway systems in the U.S.
Hack attacks on hospitals jump 600% this year: CEO
This is how the "Shell Shock" bug imperils the whole internet
Edward Snowden Awarded 'Alternative Nobel' for Revealing Vast Surveillance

## Systemic breakdown/collapse/unsustainability ##
Must read: The Oiliness of Everything: Invisible Oil and Energy Payback Time.
Following the manufacture of a simple pencil illustrates the crisis facing industrial civilization. -- RF
Germany's Ailing Infrastructure: A Nation Slowly Crumbles
Germany has long had a reputation for excellent infrastructure. But in recent years, both public and private investment has dwindled dramatically, and officials are increasingly concerned about how to solve the problem. They have good reason to be worried.
Report: Pennsylvania gas lines leaking
Billions of dollars are needed to update the vast network of natural gas pipelines, some at least 90 years old, beneath Pennsylvania, a newspaper report found.
Aging natural gaslines pose hidden threat across U.S.
Second U.S. newspaper probes aging gas pipelines
A Short History Of The American Empire And Why It Is Failing, Part II
World risks spending $250 billion just to monitor U.N. development goals
Chrysler recalls 350,000 vehicles on ignition switch issues

## Japan ##
Global Bellwether: Japan's Social Depression
Beneath the surface wealth of bullet trains, cute robots and exuberant fashions, this is the Japan few outsiders understand: the one gripped by a deepening social depression.
Bank of Japan emerging as big Japanese stock buyer
Is Japan on the Road to Default?
Kyushu Electric shuts off renewable suppliers from grid
Kyushu Electric Power Co said on Thursday it would cut access to its grid for renewable energy suppliers, the third of Japan's 10 regional monopolies to place limits on their cleaner energy intake because of network limitations.
20% of college dropouts cite financial difficulties as reason
New right-wing Sunrise Party aims to 'rebuild Japan's pride'
All insolvent idol group "The Margarines" to debut, total debt of all members: 127 million yen

## China ##
China "Faked, Forged" Documents For Exports And Imports: At Least $10 Billion In Fake Trade Exposed
Drought worsens China's long-term water crisis
China to post sub-7% growth soon: Goldman
Investors Stage Shadow Bank Protest in Beijing
Angry investors are showing up in Beijing this week to demonstrate their fury over a 1.3 billion yuan ($210 million) trust product that has so far failed to pay them.
China takes on more oil despite economic slowdown
Gold Rush Is On In China (to replace USD with a gold-backed Renminbi?)

## UK ##
Cameron holds historic talks with Iranian president
Street light switch-off in bid to cut costs
English farming leader calls for increased food production
'Bare bones' RAF will struggle to mount Iraq operation
Air Chief Marshall Sir Michael Graydon says the RAF is at "rock bottom" after years of cuts and sustaining air strikes against Isil would be "quite a stretch"

## US ##
Seattle imposes fine for too many food scraps in the garbage
GM spins off Cadillac, moves headquarters to New York City
Wildfire 'larger than Las Vegas' rages in California
US Postal Service Wants To Expand Amazon Grocery Deliveries
Walmart introduces checking account service
FBI: Mass shootings in the U.S. have nearly tripled annually since 2006
Middle-class squeeze: From day care to health care
The American Middle Class Hasn't Gotten A Raise In 15 Years
The New Normal for the American Dream
3 Cornerstones: Low wage jobs, high levels of college debt, and a retirement that consists of working until you pass away.
Huntsville schools say call from NSA led to monitoring students online
A secret program to monitor students' online activities began quietly in Huntsville schools, following a phone call from the NSA, school officials say.
"Ownership society": Turning the nation into permanent renters
Stagnant household incomes and growing renter class strikes at core of home ownership.
Challenges Of Shale-Driven Boom - Will It Last For Long?
Trucking: Driver Shortage Pushing Industry Costs Higher
'Active shooter' incidents on the rise
Listen to the Slowing US Economy, Hear Echoes of Japan
More police departments adopt predictive policing
US durable goods fell 18.2 percent in August
Prices at the pump head below $3 in much of US
America is roaring toward record auto sales
Keep that debt bubble inflated! -- RF
Largest Public Pensions Face $2 Trillion Hole, Moody's Says

And finally...
Worried about paranormal activity? Call the Ghostbusters, council says (UK)
Snopes: Three-breasted woman a hoax
Japanese book teaches cooking with condoms

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