Thursday, November 06, 2014


News Links, November 6-7, 2014

## Global Ponzi meltdown/House of Cards ##
Low growth, price cuts plague euro zone, haunt ECB
Qatar to become Middle East clearing hub for China's yuan
Canada could become the only country in the world with two yuan trading hubs
Global Commodity Prices Are Collapsing At The Fastest Pace Since Lehman
Seven Commodities With Collapsing Prices
Interest rates are so low that Germans are paying to keep money in banks
Canada real estate bubble: Toronto and Vancouver home prices pass Rome and close in on Paris
Ritual Incantation—–The Economic Gibberish Of The Keynesian Apparatchiks
"Whatever It Takes" Stage Two; Headwinds Explain Why Draghi Will Fail This Time
Russia may ban circulation of US dollar
U.S. Mint Temporarily Sold Out of Silver Eagles on "Tremendous Demand"
"Global Scramble" For Silver - Coins "Hard To Get," "Premiums Likely To Jump"
Indian gold bullion imports hit 17-month high
Physical Gold Shortage Worst In Over A Decade: GOFO Most Negative Since 2001
Dow, S&P 500 close at records after midterm vote
Saudi Stocks, Currency Tumble As Aramco Pipeline Explodes; ISIS Sabotage Concerns
Eurozone Target2 Imbalances Rise Again, Led by Italy
Macau casinos see worst-ever drop as China reins in VIPs
More Evidence of the Amazon Bubble Bursting
Why another Beijing Olympics may not be far off
After Oslo, Norway, bowed out in early October, only two cities remain in the race to become the host of the 2022 Winter Olympics: 2008 Summer Olympics host Beijing and the considerably lesser-known Almaty, Kazakhstan.
Greece Is Number One In Childhood Poverty, But The US Isn't Much Better

## Airline Death Spiral ##
Berliners Fly From Metal Shed While Waiting for Airport
WestJet May Add Another Row Of Seats On Its Airplanes
Changes are coming to JetBlue's fee structure

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran general said to mastermind Iraq ground war
Islamic State Looks To Mediterranean To Continue Oil Operations
How the Islamic State evolved in an American prison
ISIS Makes New Gains in Northern Iraq, Nearing Irbil
The Kurdish Peshmerga were making some gains against ISIS in late September and early October, backed by US warplanes. The gains began to reverse with an ISIS counteroffensive in mid-October.
Britain Says Will Send More Army Trainers To Iraq To Help Fight Islamic State
International Search For Islamic State Fighters And Financiers Expands In Germany
Saudi 'Terror' Suspect Said to Have Fought in Iraq, Syria
A Saudi citizen suspected of organizing the attack on Shiite worshipers in the oil-rich Eastern Province returned from fighting in Iraq and Syria, according to Saudi-owned newspapers.
Obama's secret letter to Iran calls for aid fighting Islamic State
"There's a sizable portion of the (Iranian) political elite that cut their teeth on anti-Americanism. Whether they can manage to say 'yes' is an open question," Obama said Wednesday.
That's just absolutely shocking. I cannot imagine why Iranian political elites would "cut their teeth on anti-Americanism." Can you? -- RF
Vladimir Putin Is The World's Most Powerful Person, According To Forbes
Tuesday's Bad News: Invader-In-Chief McCain Will Head Senate War Committee
Dutch PM says thorough, independent probe needed for downed Flight MH17
A Concise, Devastating History Of Washington's Interventionist Follies Since 1990
Israel 'on brink of third intifada' after new car attack
Spain Moves Military Assets Into Catalonia Ahead Of Weekend's 'Illegal' Secession Vote
"Forever Prisoner" Released From Guantánamo After 12 Years Without Being Charged
US commander: Afghan casualties 'not sustainable'
Amid Mounting Tensions In East Jerusalem, Jordan Recalls Ambassador To Israel
Prepare for War: Obama Asks Congress for ISIS War Authorization; Republican Hawks Have War Plan Prepared
Israel's Annexation Plan for Palestine

## Global unrest/mob rule/angry people/torches and pitchforks ##
Masked protestors fire fireworks at the Houses of Parliament (UK)
Germany's New Right: The Unholy Alliance of Neo-Nazis and Football Hooligans
Hong Kong Protesters Clash With Police In Mong Kok In First Violence Following Period Of Calm
In Tactics Switch, Hong Kong Protesters to March on Beijing's Liaison Office
Mexicans protest for 43 missing after mayor caught
Brazil Police Shooting: Police Officers Allegedly Kill 9 In Belem Revenge Attacks
'Internet Emergency': Protests to Sweep United States In Defense of Net Neutrality
Riots in Brussels: 100,000 Protest Austerity, Overturn Cars, Throw Fire Bombs; Wherefore Art Thou Austerity?

## Energy/resources ##
Oil Price Slide – No Good Way Out
New Kashagan pipes to cost over $3 bln, oil to flow in H2 2016 -official
US oil consumption did not increase as result of US tight oil boom
Indian minister says $250 bln needed to tackle energy crunch
North Sea vitality top concern for London
8 Countries With Nuclear Power Plants Most At Risk Of Tsunamis
Germany faces suits worth billions over nuclear phase-out
Risk of a Power Shortage in Brazil by 2015 Increases to 5%
The Collapse of Oil Prices: Has Washington Just Shot Itself in the Oily Foot?
Japan, U.S. to launch joint research on methane hydrate
Waste of time. -- RF
Spike Seen In African Offshore Disputes, Oil Companies Watching
African maritime boundary disputes are expected to rise dramatically, potentially curbing exploration and creating uncertainty in ownership over tens of billions of barrels of oil, industry experts say.

## Got food? ##
Cheaper Oil Arrives Too Late to Help Snakebit Farmers 
Italian floods hit agriculture, draw accusations of neglect
Hawaiians Win Community GMO Victory Over Monsanto
Can the world produce enough food for 2 billion more people?
Kiss Your Guacamole Good-Bye: Drought-Stricken California Farmers Stop Growing Avocados

## Environment/health ##
Obama Seeks $6 Billion for Ebola Fight
President Barack Obama is asking Congress for $6 billion to fight Ebola both in the United States and in West Africa, administration officials said Wednesday. If he got the money, it would be an overwhelming boost to the U.S. efforts to fight the virus, which has infected at least 13,000 people and which is killing 70 percent of them.
Is Ebola Outbreak Entering New Phase?
North Korea takes additional steps to prevent Ebola
Harsh Winter Outlook Made a Bit More Dire by Siberia Snow
Researchers identify vaccine-resistant strain of polio
Palm oil is in almost everything you eat—and it's destroying the planet
Latest Extraction Methods May Poison Atmosphere Study Finds
A new study says hydraulic fracturing and other new energy-extraction techniques are emitting vapors of toxic chemicals, poisoning not only nearby underground and surface water, as was already suspected, but also fouling the atmosphere.
Industry Lashes Out With Lawsuit Hours After Landmark Fracking Ban
Why Tax Just Soda? Why Not Tax Sugar?
The absurdity of taxing us to health is obvious.
Chinese Delegation Reportedly Bought So Much Illegal Ivory on Africa Trip the Price Doubled
China denies allegations its delegates bought illegal ivory in Tanzania

## Intelligence/propaganda/security/internet/cyberwar ##
Nintendo wants to watch you sleep
To Nobody's Surprise, Australian "Terrorism" Law May Be Used for Copyright Enforcement
Daily BS: Who Shot Bin Laden? A Tale of Two SEALs
Harvard Admits to Taking Secret Photos of Students
Warning: Big data could mean big risk
Home Depot Says 53 Million E-Mail Addresses Were Taken in Breach
I'm Terrified of My New TV: Why I'm Scared to Turn This Thing on -- and You'd Be, Too
We should not have to channel surf worried that the TV is recording our behavior for the benefit of advertisers and police.

## Systemic breakdown/collapse/unsustainability ##
The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now
Audi recalling nearly 102,000 cars to fix air bags
Dark Age America: The End of the Market Economy

## Japan ##
40.3% of Japanese youth depend on parents for income: survey
Kuroda's Madness Intensifies: New Yen Flood Was Designed To Counter Slumping Oil Prices!
Japan's Wealthiest Reap $3 Billion Windfall in Kuroda's October Surprise
Kuroda Stimulus Drives Government Borrowing Costs to Record Low
Japan to set birthrate target at 1.8 per woman to curb population fall
Japan Rethinks LNG Approach, Hurt by High Import Costs

## China ##
More than 40 percent of China's arable land degraded: Xinhua
China warns Tibet party members not to harbor separatist 'fantasies' about Dalai Lama
What the Heck is the Deal in Macau?
China says to cut red-tape for new investment
China further eases rules on cross-border yuan transactions

## UK ##
Half of flood defences at risk, watchdog warns
British spy agencies launch recruitment drive for Russian speakers
Call for UK Government to Help Investment in Oil, Gas
Internet is becoming a 'dark and ungoverned space', says Met chief

## US ##
Video of the Day Doubleheader – George Carlin on Elections & Texas Tech Student Body Cluelessness
Ron Paul: US elections are a one party monopoly
The Deep State: Surprise Incumbent Re-Election Stunner
If You Really Think It Matters Which Party Controls the Senate, Answer These Questions
Two Americas: Many Brace for Have-Not Holiday Season
'Just the Beginning': Communities Across Nation Ban Fracking
Drop that plate! 90-Year-Old WW2 Veteran and Two Clergymen Face 60 Days in Jail for Feeding the Homeless in Florida
Goat heads strung from lampposts shock residents of trendy New York neighbourhood
Profiting Off the "Law School Scam" and How Taxpayers Are on the Hook (As Usual)
Protect and serve: NYPD cops pistol-whip cowering teenage pot suspect after foot chase
The 10 Housing Markets where Cash Buyers Totally Rule
American Upper Middle Class Share of Wealth is Worse than Every Country Besides Russia and Indonesia
US Pension Plans Need Massive $110 Billion In 7 Years, Moodys Warns
Pre-crisis mortgage securities make a comeback
U.S. workers are big-time thieves, far worse than in other countries

And finally...
Dominique Strauss Khan's Investment Banking Venture Goes Bust
American diner mistakenly orders $3,750 bottle of wine
Man Buys Foreclosed Home, Finds Corpse Inside

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