Thursday, October 23, 2014


News Links, October 23-24, 2014

## Global Ponzi meltdown/House of Cards ##
UK's Lloyds to cut 9,000 jobs over next three years: sources
Sears to close stores, lay off about 5,500: Seeking Alpha
Kimberly-Clark to cut up to 1,300 jobs worldwide
Cut, baby, cut! -- RF
40% of Eurozone Banks Are In Bad Shape
Russia Adds A Record 1,200,000 Ounces Of Physical Gold To Their Reserves
India Gold Demand Surges 450% and Bank of Russia Demand At 15 Year High
Peak Ponzi: Only 13% Of Loans In Bulgaria's Fourth Largest Bank Had Valid Collateral
French Private Sector Output Falls at Sharpest Rate in Eight Months; Tale of Two Europes
S&P warns Europe crisis not over, France output falls
Late Payments by Ibex Companies Hits €47 Billion, 169 Days (3 Times Legal Time Limit); Ibex vs. DOW
McDonald's Franchisees Say The Company Is Bankrupting Them
McDonald's franchisees are furious that the company's aggressive promotions and costly restaurant upgrades are squeezing their profits, according to a new survey. "Growth for McDonald's is over," one franchisee wrote in response to the survey by the financial services firm Janney Capital Markets.
Why Amazon Is Crashing: Jeff Bezos' Nightmare Quarters In Charts
Saxo Bank CIO Jakobsen Predicts Another "Shock Drop" in Markets; Addicted to Cheap Money
Crude oil plunge could hit big banks' bottom line: Scotia Capital
Oil Shocks And The Global Economy
Traffickers use prison ships, abductions to feed Southeast Asian slave trade
Manufacturing moving from China to US: survey

## Airline Death Spiral ##
Saudi airspace among most dangerous in the world
Saudi airspace has become one of the most potentially dangerous areas to fly in the world, with the rate of near-crashes surpassing seven times the global average.
Hawaiian Airlines posts $5M loss from Hurricanes Iselle and Julio
Fears lasers will lead to air tragedy
Airlines Hike Prices on Domestic Flights
The five biggest U.S. airlines all increased their base fare on domestic flights in the past week, despite declining fuel prices and apprehension over the potential spread of Ebola.
Airfare hikes not easy for fliers (and carriers)
HAL posts third quarter loss
Holiday airfares are rising amid record airline profits
Don't expect the once-struggling airline industry to pass its good fortune on to travelers during the holidays
Fuel costs ease, US airline profits soar

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iraq seeks thousands of tank rounds
Iraqi Security Forces In Baghdad Set Up New Mobile Checkpoints To Prevent Car Bomb Attacks
U.S. arms crate bound for Kobani defenders may have fallen into Islamic State hands
How To Stop ISIS: Greenlight Its Neighbors—-Syria And Iran
This is one of the most sensible proposals I've seen in a long time. -- RF
Al Qaeda Wants Xinjiang In The Islamic Caliphate -- But Uighur Leaders Say No
Turkey kidnap plot raises doubts about U.S. troop safety
Islamic State militants seize Iraq village, press assault on Yazidis
Washington's Feckless War On Russia Is Accelerating The Empire's Decline
The Next Big Thing: The Growth in Strategic Importance of the Indian Ocean
US-Backed Ukraine Army Used Cluster Bombs Against Its Own People: Reports
Neocon Sabotage of Iran-Nuke Deal
Congressional neocons are determined to sink negotiations to constrain but not end Iran's nuclear program – all the better to get on with bombing Iran at the heart of their agenda.
Six officials 'disappear' in latest Pyongyang purges
Lone-Wolf Attacks Rise in New Era of Asymmetric Warfare
Ottawa Shooting Lockdown: Shooter Killed In Parliament Building, Soldier Dead
Belarus Wants to Criminalize Unemployment
Ottawa Shooting: FBI Urges Vigilance On US Border With Canada
Jerusalem Attack: Palestinian Man Drives Car Into Pedestrians In East Jerusalem, Killing Baby, Wounding Several Others
Moscow investigating crash involving Total boss
Mexican citizen journalist has her own murder posted on her Twitter account

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters burn city hall in Mexico town where 43 students vanished
Masked assailants Wednesday set fire to the city hall in Iguala in a rampage triggered by the failure of Mexican authorities to resolve the case of 43 missing student teachers.
Two killed in Sierra Leone riot over Ebola blood test
Protesters Clash With Ferguson Cops After Michael Brown Autopsy Leaked

## Energy/resources ##
Oil: Geology is Crushing Technology
Philippines looks to big companies' gensets to avert power shortage
The Philippine government said on Tuesday it would count on big businesses with diesel-fuelled power generators to avert rolling brownouts in 2015, as it struggles to get authority from the country's Congress to tackle a looming electricity shortage.
B.C. remains 'high-cost environment' despite lower LNG tax rates, industry group says
Another big petrochemical project in the US might hit some supply constraints
Korea Hydro & Nuclear Power Significantly Cuts Nuclear Safety Budget
Shale Boom's Allure to Wall Street Tested by Bear Market
Norway's Seismic Surveyors Say Hit by Lower Oil Price
Norway's Arctic Oil Ambitions Threatened by Slump in Oil
Saudi Arabia's Crude Oil Supply Said to Fall in September 

## Got food? ##
Report: 21 US cities restrict sharing food with homeless people
Harvesting Sweet Potatoes
Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year
Ebola Outbreak Threatens Food Crisis in West Africa
Ebola Epidemic 2014: Liberians Threaten To Break Quarantine Over Food Shortage
Protecting Chickens From Predators
Seeding change
73% of seed crops are now 'owned' by 10 corporations – while community and grassroots initiatives are working to keep global diversity alive.

## Environment/health ##
Official WHO Ebola toll near 5,000 with true number nearer 15,000
Obama's "Ebola Czar" Thinks Overpopulation Is Top Challenge
US to track everyone coming from Ebola nations
All travelers who come into the U.S. from three Ebola-stricken West African nations will now be monitored for three weeks, the latest step by federal officials to keep the disease from spreading into the country.
Doctors: CDC's New Ebola Tracking Plan Is Political Theater
New York's First Ebola Case? Doctor Treating Ebola Patients In Guinea Rushed To Bellevue Hosptial
Ebola crisis: Mali confirms first infection case
Texas plant converts CO2 to baking soda: Project funded in part by a U.S. economic recovery grant.
Report: Fracking in California dirty business
Maker of Camel cigarettes bans smoking in workplace

## Intelligence/propaganda/security/internet/cyberwar ##
Poll: 70 Percent of Young People Harassed Online (US)
CIA Apparently 'Impersonated' Senate Staffers To Gain Access To Documents On Shared Drives
The Challenges of Defending Your Child's Mind from Propaganda
Cybercriminals prey on Ebola fears to get inside your computer
Bluetooth spying beacons uncovered in LA & Chicago
Devices identical to those secretly planted in New York City phone booths have been installed in public spaces in Los Angeles and Chicago.
Citizenfour's Escape to Freedom in Russia
Xiaomi Moves International Users' Data Out of China

## Systemic breakdown/collapse/unsustainability ##
What's Avant-Garde Now? Social Innovation
Special report: America's perpetual state of emergency
Eight Pieces of Our Oil Price Predicament
Nissan recalling 260,000 vehicles globally with Takata air bags
Water Crisis Seen Worsening as Sao Paulo Nears 'Collapse'

## Japan ##
Japan's power failure: Bid to forge national grid stumbles
Japan's exports up in September, deficit persists
The Keynesian Yen Trashers Blather On—-But Japan's Trade Accounts Are Still Deteriorating
Destroyers with ballistic missile defense capability heading to Japan
Two U.S. Navy destroyers with ballistic missile defense capabilities are being forward deployed to Japan, the U.S. Navy announced.
BOJ Sees Bigger Chance of Fall in CPI Below 1%
Dismantling of reactor building cover begins
The operator of the Fukushima Daiichi nuclear power plant has begun dismantling the cover of a reactor building to remove debris as part of preparations for removing the nuclear fuel from a spent fuel storage pool.
Special isolation ward for Ebola unveiled
Honda executives to take pay cut after fifth Fit hybrid recall
Hitachi Maxell to trim 250 jobs in battery unit
17 new coal power stations planned in Japan despite high levels of greenhouse gas emissions

## China ##
Panel: China Expanding Submarine Capabilities
PLA may transfer 100,000 soldiers to Xinjiang: report
Mapping China's Bursting Real Estate Bubble
Boeing and Chinese partner to make jet fuel from 'gutter oil'
China Scores Cheap Oil 14,000 Miles Away as Glut Deepens
China is finding oil supplies 14,000 miles away, aided by the global rout in prices that's left producers vying for new markets.

## UK ##
Pensioners can only afford to heat one room: government advice
The impact of the startling price of energy has been revealed by a government leaflet released today, which recommends that pensioners only heat one room in their house in order to stay warm without breaking the bank. It raises the question of just how desperate energy bills are making life for retirees.
How many "excess deaths" this winter? -- RF
'Full nest' parents spend £1,200 a year keeping adult children at home
Parents with adult children still living at home forced to take out loans and cut back on groceries, survey finds
The BBC is Using Anti-Terror Surveillance to Find Tax Dodgers
Tesco scraps profit outlook as accounting black hole deepens

## US ##
So, just how rich is Congress? Richer than you.
Chris Christie Says He's 'Tired of Hearing About the Minimum Wage'
Tennessee Woman Sentenced to Jail for Not Mowing Her Lawn
Fort Lauderdale Latest City to Restrict Feeding Homeless
Activists demand comprehensive federal data on Americans killed by police
The Fed's Assault On Savers—–Backdoor Repudiation Of The Federal Debt
'Walmart Moms' think America is in the 'crapper'
Out of control: "War on Terror" Targets Unlicensed Underwear – Department of Homeland Security Raids Maker of World Series Panties
Vote all you want. The secret government won't change.
Why did the face in the Oval Office change but the policies remain the same? Critics tend to focus on Obama himself, a leader who perhaps has shifted with politics to take a harder line. But Tufts University political scientist Michael J. Glennon has a more pessimistic answer: Obama couldn't have changed policies much even if he tried.
Which is essentially the point I made on July 18. Obama is not in charge, any more than Bush was. From POTUS on down, American elected officials largely do as dictated by the system; they actually have little discretion to make any substantive changes. So again, dumping on Obama, or any previous president, is barking up the wrong tree. -- RF
Firewood a hot commodity as rural Minnesotans ready for winter
After last year's long cold winter spiked propane costs and left firewood piles burned to nothing, White said rural Minnesotans are stocking up on anything to keep their homes warm.
Americans' love of central heating will lead to tragedy, as the struggle to heat entire homes, instead of just a few rooms, will exhaust fuel supplies much faster. -- RF
Is the US economy in for another harsh winter as energy companies struggle to stockpile fuel?
While we joked about it getting cold in Ukraine as they argued with Russia over supplies, it might be the other side of the Atlantic that faces the bigger chill.
Truck Driver Shortage Top Challenge for Heavy-Duty Fleets
The Top 10 U.S. States Where Chinese Are Investing in Real Estate
Why Are Chinese Millionaires Buying Mansions in an L.A. Suburb?
U.S. jury convicts ex-Blackwater guards in 2007 Baghdad killings
Man arrested after jumping fence at White House
Unused vacation days at 40-year high
California community suffers as wells dry up in drought
"It's Very Extreme" - Drought & Drug Cartels Drain California's Aquifers At Record Rate
US Manufacturing PMI Tumbles, Biggest Miss In 14 Months
Schools install gun detection technology

And finally...
Woman spends a week in KFC to get over her break up (China)
Ebola plush toys are big sellers

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