Sunday, September 28, 2014


News Links, September 28-29, 2014

## Global Ponzi meltdown/House of Cards ##
Not Even a Dead-Cat Bounce: Russia Sanctions, Whiff of Reality Sink 'Economic Expectations' in Germany
Drugs and sex trade lift Spain's GDP by €9 billion
Rich get richer: Assets of largest hedge funds soar
New freeport where all prized assets (bar human hair) can be stashed
The man running Luxembourg's freeport wants the mega-rich to trade and appreciate their art at this new £50 million facility
SEC alleges $129M pyramid scheme in China, US
U.S. regulators have charged two companies and three individuals with operating a pyramid scheme that made some $129 million from preying on investors in China, Taiwan and the U.S.
What a laugh. They will arrest these small-potatoes operators, while governments and banks continue to perpetrate the biggest pyramid scheme of all: the exponential growth economy. Yet no one will be arrested for that. -- RF
Austria targets 5 bln euros in tax relief to boost growth
Mind The Margin Accounts: Investor Net Worth Plunging At Record Pace
Hong Kong protests deepen retail gloom as China visitors stay away
German Bullion Dealers Report Major Increase in Sales

## Airline Death Spiral ##
Loss-making Air India may cut flights to Australia from 7 to 5 per week
Low-cost airlines struggling to gain altitude in battle for Asian skies
Thai Airways International pax down 17% with 75% load factor in Aug-2014, cargo down 20%
Air France pilots end strike after 14 days without deal
Low-cost? Low chance for Air France and Lufthansa
5 years of declining passengers number sap airport revenues
After sabotage, air travel system slowly recovers
Chicago airports still seeing cancelations
10 most irritating things airline passengers do

## Fault lines/flashpoints/powder kegs/military/war drums ##
Rebel-held towns in Syria protest U.S. bombing of al Qaida affiliate
Thousands of demonstrators took to the streets of rebel-held towns in northern Syria Friday to protest U.S.-led airstrikes against the Islamic State and supporting creation of an Islamic caliphate.
Islamic State Crisis: Kurdish Forces Clash With ISIS Militants In Kobane, Near Turkey-Syria Border
Anti-ISIS Airstrikes In Iraq: UK Deploys First Jets Over Iraq From RAF Akrotiri
Obama's Amateur Hour: No Boots, No Turks, No Help From The Real Anti-ISIS Coalition—-Assad, Hezbollah, Iran And Russia
Iran threatens to attack Islamic State "deep into Iraqi territory"
Turkey Switches Rhetoric On Fight Against ISIS, Calls For No-Fly Zone
Pentagon: US Considers 'No-Fly' Zone Against Assad in Syria
ISIL fight already near $1 billion as strategy shifts
The Khorasan Group: Anatomy of a Fake Terror Threat to Justify Bombing Syria
Could The Taliban Retake Control Of Afghanistan?
Abbas at UN: World Must Hold Israel to Account for "War of Genocide"
Iran-6 power talks turn into mostly Iran-US show
Catalonia challenges Spain with independence vote
Houthi rebels attack Yemen security chief's home
Rocket fired at US embassy in Yemen
Russia at U.N. accuses U.S., allies of bossing world around
France's Far-Right Grabs First Ever Senate Seats

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hong Kong Police Used Pepper Spray On Students Who Stormed Government Headquarters
Hong Kong activists start 'Occupy Central' protest
Hong Kong resorts to tear gas to break up protesters
Ferguson Police Officer Shot: Cop Injured, Not Killed, After Gunfire Saturday Night
California protesters block Israeli-owned ship
Roughly 8,000 fill Nebraska farm for anti-pipeline concert with Willie Nelson, Neil Young

## Energy/resources ##
Electricity in Africa: Lighting a dark continent
Rolling power cuts affect Zimbabwean capital
Caspian states fight over oil and gas riches
Water shortage deepens in central and northern Chile
Will They Fly? Wind-Power Alternatives Buffeted by Technical Squalls

## Got food? ##
Supermarkets Waste Tons Of Food As They Woo Shoppers
Supermarkets and restaurants serve up more than 400 million pounds of food each year, but nearly a third of it never makes it to a stomach.
Going bare: Food bank's donation shortfall leaves shelves empty
UAE endorses joint Arab strategic food reserve
Mystery of Runaway Biotech Wheat Called Unsolvable as New Incident is Reported

## Lifestyle Solutions ##
Barter for Anything and Everything: Are You Brave Enough?

## Environment/health ##
New mosquito-borne virus spreads in Latin America
Sand: Evidence Mounts of Hidden Fracking Hazards
Ebola clinics fill up as Liberia awaits aid

## Intelligence/propaganda/security/internet/cyberwar ##
Up to 750K Customers' Data Leaked at Japan Airlines
Fear! Al Qaeda Group Khorasan Was 'In The Execution Stage Of A Plot' On US, Says Attorney General Holder
Khorasan: Syrian Factions Never Heard of It
Will the Internet of Things Be Another Surveillance Nightmare?
The Internet of Things—the coming revolution in household appliance integration with the Internet—could well be a nightmare of privacy violation and data harvesting
Phoning 'home': what your mobile may be giving away

## Systemic breakdown/collapse/unsustainability ##
Water-main break floods Hollywood's Sunset Strip
The break occurred in a 36-inch steel, riveted pipe that was constructed in 1916. The pipe was coated with cement in 1957 to prolong its life, Los Angeles Department of Water and Power spokesman Joe Ramallo said.
FBI Director Comey Gives Apple and Google a Tongue-Lashing

## Japan ##
Sony's Losses Hit Massive $2 Billion On weak Mobile Sales
Japan to revamp feed-in tariff system amid utility capacity shortage
Animals around Fukushima are still suffering
Animals and insects in the vicinity of Fukushima show higher rates of death and disease, according to new research. Scientists attribute these to the consumption of contaminated food.
Japan may finally cash in on the elderly's love of gambling

## China ##
Banks in China to lower mortgage rates to boost property market
Corruption Crackdown Has Paralyzed China's Energy Industry
Hong Kong police barricade streets, block in protesters

## UK ##
Pressure to be 'professional parents' driving middle class mothers to exhaustion – study
Middle class mothers are driving themselves to exhaustion trying to hold down jobs while facing a growing obligation to ensure their children attend extra-curricular activities every day of the week, a new study warns. Fears that it will be harder for the next generations to enjoy the lifestyle of their parents because of unaffordable property prices and the fact that a degree no longer guarantees a job are driving parents to ever more desperate measure to ensure they get ahead, it concludes.
Thousand more wind farms than UK needs
At least 1,000 more onshore wind turbines will be built than are needed under the Government's own green energy targets, official estimates disclose.
British firm Ineos accused of 'bribes and bulldozers' approach to fracking

## US ##
Primed for work but out of a job
1 out of 4 Americans 25-54 not working and the continued expansion of those not in the labor force.
Why Hospitals Want Patients to Pay Upfront
Elizabeth Warren is calling for an investigation of the Federal Reserve
Fla. trucking companies facing roadblocks
Florida may bear the brunt of a trucking crisis.  Trucking companies are facing major road blocks from stricter government regulations, high fuel prices and a shortage of drivers. 
US Justice Department Tells Ferguson Police To Stop Wearing 'I Am Darren Wilson' Bands
Police: Ferguson officer shot; 2 suspects wanted
The Plunge Protection Team Is Opening An HFT-Focused Chicago Office

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