Monday, November 10, 2014


News Links, November 10-11, 2014

## Global Ponzi meltdown/House of Cards ##
Global Econ Cooling: Iron Ore Keeps Collapsing——-Down to $75/ton From $200 Peak
Fewer active managers beat market than at any time in decade
Fewer fund managers are beating the market this year than at any time in over a decade, piling further misery on a profession that faces increasing investor scepticism.
Luxembourg Takes the Heat, but the World's Worst Tax Haven – the City of London – Remains Unscathed
U.S. rules out major Trans-Pacific trade announcement at APEC
Singapore casinos brace for battle as VIP volumes fall
China Factory-Gate Prices Decline for Record 32nd Month: Economy
Global money set to flow into Chinese stocks
One Of Largest Russian Gold Miners On Verge Of Bankruptcy
John Hussman: The Stock Market Is Overvalued By 100%
Expect prices to drop by 50% (or more)
An enormous bitcoin mine went up in flames, affecting the entire network
Ukraine Central Bank Bans Bitcoin "To Protect Citizens" From Financing Terrorism
TPP leaders say agreement in sight but fail to set fresh time frame

## Fault lines/flashpoints/powder kegs/military/war drums ##
Officials Claim Airstrikes Wound ISIS Leader al-Baghdadi
Southcom again seeking $69M for new terror prison at Guantánamo
Israel to Seize Over 3,000 Acres From West Bank Palestinians
Abe, Xi hold long-awaited meeting in Beijing
In Asia, old US alliances face new strains amid China's influence
Ukraine Fighting: Ceasefire In Doubt As Heavy Shelling Hits East Of Country
What's Wrong With Partition? Ukraine Is Already Defacto Two Countries
Israel Fortifies Iron Dome for Future War
Hamas Announces Creation Of 'Popular Army' Amid Mounting Tensions In West Bank
Tensions in Israel flare again as Arab fatally shot by police
Three Israeli Civilians Stabbed in West Bank: IDF
Catalonia to defy court, proceed on independence poll
'Five nuclear engineers murdered near Damascus'
Unknown assailants killed five nuclear engineers Sunday while they were on a bus just north of Damascus, near the research center where they worked, a monitor said on Sunday.
China Set to Pump Billions Into Russian Real Estate Construction
South Korea soldiers fire warning shots at North Korea troops on border

## Global unrest/mob rule/angry people/torches and pitchforks ##
Mexican presidential palace burns as gangs confess to student killings
Mexico Mansion Scandal Further Inflames Anger Against President Enrique Peña Nieto
Financial Collapse Will Cause Civil Unrest to Erupt in America by 2016. Economist

## Energy/resources ##
Transocean Says Likely to Retire Additional Rigs
Transocean Ltd, the owner of the world's largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure due to slowdown in an oversupplied rig market.
Switzerland cuts solar tariffs by up to 23%
Libya's Political Chaos Hits Oilfields, Output Threatened
China Unlikely to Become Shale Gas Superpower
China is estimated to hold the largest technically recoverable shale gas reserves globally, yet extracting it is too complicated and costly to replicate the US shale gas revolution.
Coal imports add stress to U.S. glut
GOP Has Big Plans For Energy, But Are The Numbers Right?
Residents Groan Over 7-Day Blackout In Ondo State, Demand Explanation
Businesses told: Use your standby generators in summer months and get compensation for fuel cost
Indonesia forms task force to tackle power shortage
Will GHG Emission Reduction Create Stranded Fossil Fuel Assets?

## Got food? ##
We're Paying Less for Bread, But Way More for Meat
Why GMO labeling in the U.S. needs to win only once

## Environment/health ##
Tanzania denies ivory smuggled during Chinese state visit
Oil Sands Companies Under Pressure Following Wildlife Deaths
Study: Global warming worsening watery dead zones
Global warming is likely playing a bigger role than previously thought in dead zones in oceans, lakes and rivers around the world and it's only going to get worse, according to a new study.
Bird decline poses loss not just for environment, but human soul
Airlines' CO2 emissions rising, environmental group says
'Kissing bug' disease creeps into US, but symptoms often missed

## Intelligence/propaganda/security/internet/cyberwar ##
Almost 1 Million Brits Attacked By Amazon Phishing Scam Emails
FAA Investigating Use Of Unauthorized Drones Violating Airspace Restrictions Near Stadiums: Report
Federal Judge Says Public Has a Right to Know About FBI's Facial Recognition Database
Federal government struggles against cyberattacks
A $10 billion-a-year effort to protect sensitive government data, from military secrets to Social Security numbers, is struggling to keep pace with an increasing number of cyberattacks and is unwittingly being undermined by federal employees and contractors.
A Wearable, Embedded Tattoo Concept, Designed to Make Life Easier
JFK, Reagan words helped bring down Berlin Wall
That system just collapsed under its own dead weight, which is what's currently happening to Western capitalism, and also to the industrial system. -- RF
Russia launches new media to lead "propaganda war" with West
Admittedly, the powerful US propaganda machine is winning the world public relations war thanks to America's highly sophisticated techniques. The Russians recognize that they need to do better. -- RF
Russia Today threatened with Ofcom sanctions due to bias
What irony! -- RF
800,000 Post Office Employees' Data Could Be Compromised
Student arrested for carrying George Orwell's novel 1984 (Egypt)
The Mystery of Ray McGovern's Arrest
On Oct. 30, ex-CIA analyst Ray McGovern was arrested for trying to attend a public speech by retired Gen. David  Petraeus. McGovern had hoped to ask Petraeus a critical question during Q-and-A but was instead trundled off to jail, another sign of a growing hostility toward dissent.

## Systemic breakdown/collapse/unsustainability ##
Aging nuclear arsenal grows ever more costly (US)
Pipes, tanks and other equipment rust in the humid Southern air. Leaky roofs leave puddles on factory floors. Abandoned buildings are scattered across an 800-acre site contaminated with hundreds of tons of mercury.
If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?
Rome's new metro opens to chaos

## Japan ##
'Butter refugees' cry over spilled milk
Shoppers are up in arms over a serious butter shortage that has forced the government to resort to emergency imports and some grocers to limit sales to one package per customer.
Japan cautiously considers arms deals
Japan is receiving inquiries about its weapons and other military technologies half a year after it lifted its self-imposed ban on arms exports.
Japan eyes shake-up to infrastructure subsidy system for local governments
Japan extends UAE oil storage deal
Tokyo has agreed in principle to allow the UAE to store crude in Japan for at least three more years, the trade ministry said on Monday, giving the No. 2 crude supplier to Japan continued access to a supply depot.
Japan Private Equity Market Hungry for Sellers

## China ##
Hong Kong Protests: Tung Chee-Hwa Tells Students Beijing's Position On Free Elections 'Will Not Change'
Beijing shuts down to dispel smog ahead of Asian summit
China Censors US Pollution Data During APEC Meeting In Beijing
Chinese oil imports up 18 percent

## UK ##
Train delays are the worst for seven years
Residents advised to carry torches due to street light switch-off
North Sea oil puts finances on slippery slope
Technology threatens third of UK jobs, study suggests
Pinewood boss warns of looming skills shortage
Pinewood Shepperton chief executive Ivan Dunleavy has warned of an impending skills shortage that he said could hit businesses in all sectors of the UK economy.
Britain Poised to Muzzle 'Extremist' Speech
Britain will not remain in Europe 'come what may', David Cameron says

## US ##
Low wage jobs dominate as waiters and bartenders will soon outnumber manufacturing jobs
Latest jobs report highlights continuing trend in low wage employment.
This Chart Shows How The Biggest Problem in the Jobs 'Recovery' Keeps Getting Worse (by the Atlanta Fed!)
The undisputed growth industry that has done so well since the very beginning of the Financial Crisis, and in fact since 2001, after having plateaued or even declined for years before then, is involuntary part-time employment. Now it turns out, according to a study by the Atlanta Fed, that these folks are also getting hosed when it comes to wage "growth." With big implications for the economy on one side, and corporate profits on the other.
The Fed's Paint-By-The-Numbers Delusions About The Labor Market
Here we are nearing the end of 2014 and the nation's once and mighty "jobs machine" is fixing to utilize no more labor hours this year than it did way back at the end of the 20th century.
Polar Invasion: U.S. Braces for Freezing Temperatures, Heavy Snow
Lenders Can Now Disable Your Car When You're Driving on the Freeway
People with poor credit are being sold cars with GPS-based kill switches.
10 Economic Trends that Spell Doom for America's Workers
The US Government Doesn't Want You To Know There's A Run On Silver Bullion
Dinged credit? Card issuers are happy to lend
The biggest growth in new credit cards is coming from so-called subprime borrowers whose credit scores are less than 660, according to the latest Equifax data.
Escaping the wealth gap can mean fleeing hometowns
Broke, Living In A Basement, With "Negative Savings": This Is What Millennials Spend Their Money On

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