Tuesday, January 20, 2015


News Links, January 21, 2015

## Global Ponzi meltdown/House of Cards ##
Look Who's Dragging Down the Global Economy Though No One Is Allowed to Say it
IMF cuts global economic growth forecasts
Target Canada's 17,000 laid off workers face grim job prospects, labour experts say
Global economy squeezed by worsening slowdown in China
Baker Hughes to lay off 7,000 as oil patch layoffs mount
Bloomberg Editorial Board Loses Mind
For Amusement Only: IMF Growth Forecasts and Rationale
Forced Conscription: Ukraine to Mobilize 200,000 Armed Forces; Hyperinflation on the Way?
China posts slowest growth in 24 years
A Population Perspective on the Steady State Economy

## Airline Death Spiral ##
Runway incursions: JetBlue Aircraft and Caribbean Airlines Jet Nearly Collided
Air India embarks on cost-cutting to save $200m
Oil price fall gives lease of life to old planes
The slump in oil prices has given a new lease of life to passenger jets that until recently were destined for the scrap yard, aircraft financiers said on Monday.
Frontier Airlines to outsource 140 jobs at General Mitchell International Airport
Delta Air Lines posts loss after fuel hedging, upbeat on new year

## Fault lines/flashpoints/powder kegs/military/war drums ##
Islamic State group threatens to kill Japan hostages
PLO: Israeli-Palestinian Relations Have Reached 'Point Of No Return'
In Coup Attempt, Yemeni Houthi Rebels Take Over Palace, President Hadi's Location Still Unknown
Ukraine calls up 50,000 reservists after sharp escalation in hostilities
Australia raises terror alert to high for police
EU welcomes more active Japanese security role
Japan military expands participation in intl missions in Africa

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protests held across nation on Martin Luther King Jr. Day (US)
New Wave of Protests from Electricity Consumers (Nigeria)

## Energy/resources ##
Brazil orders rolling blackouts as demand spikes in record heat
Failure and High Consumption Cause Blackout in 10 States and the Federal District (Brazil)
Badly located renewable power plants cost Europe $100 bln-Davos report
Halliburton, Baker Hughes to lay off thousands as oil slumps
More bad news is bad news for oil prices
Price Collapse Hits Scavengers Who Scrape the Bottom of Big Oil's Barrel
BLINKING RED LIGHT: Big Trouble Ahead For Bakken Oil Production
Small Oil Firms Hunt For Cash As Crude Slump Shuts IPO Door
Slumping oil prices are shutting the door to stock market listings for small oil and gas firms, forcing many to tap more costly forms of financing or to shelve projects and wait for better times.
Norway Moves Arctic Ice Edge North, Oil Firms On Alert
Norway invited firms on Tuesday to drill for oil and gas further inside the Arctic Circle, putting the government at loggerheads with opposition parties as it seeks to open up new fields at a time of declining production.
Another power tower blasted (Philippines)
Another steel transmission tower of the National Grid Corporation (NGCP) in Central Mindanao was toppled down Sunday night by a bomb explosion, causing hours of blackout again in Maguindanao, Cotabato City, and parts of North Cotabato.

## Got food? ##
Food diversity under siege from global warming, U.N. says
ISIS-Controlled Iraq Is Looking At A Wheat Shortage

## Environment/health ##
Ruptured Pipeline Pumps Tens of Thousands of Gallons of Shale Oil Along Yellowstone River
Drinking Water Trucked Into Montana City After Oil Spill
Backside Downside? Too Much Sitting Killing Us Slowly: Study
Yet Another State Admits Connection Between Fracking and Earthquakes
California's Forests: Where Have All the Big Trees Gone?
Cost of vaccines is becoming unaffordable in poor countries
Pharmaceutical companies are overcharging for vaccines, driving costs so prohibitively high and threatening international vaccination programs, according to a report from international aid organization Doctors Without Borders (Medicins Sans Frontieres).

## Intelligence/propaganda/security/internet/cyberwar ##
New police radars can 'see' inside homes
At least 50 U.S. law enforcement agencies quietly deployed radars that let them effectively see inside homes, with little notice to the courts or the public.
Pentagon says classified data on U.S. F-35 jet fighter program remains secure
L.A. Times Sues Pentagon for Info on Sputtering $40-Billion Missile System
Europe Mulls a Russian Language TV Channel to Counter Moscow Propaganda
And would it be anything but European propaganda? -- RF
The US Military's Stunning Conspiracy Theory Emerges From The Archives: "ISIS Leader Does Not Exist"

## Systemic breakdown/collapse/unsustainability ##
After Bridge Disaster, Sanders Calls for $1 Trillion to Address Infrastructure Collapse

## Japan ##
Fukushima worker dies after falling into water storage tank
Tokyo to spend ¥45 billion on hydrogen stations, subsidies ahead of Olympics
Waste of money. -- RF
Two workers die in accidents at Fukushima No. 1 and No. 2 plants
Facing severe caregiver shortage, government dedicates funds to promoting profession
2 workers die in accidents at Fukushima Daiichi, Daini plants
Japan says jets scrambling at record pace to counter Chinese, Russian intrusions
Japanese air force jets are scrambling at a record pace to counter Chinese fighters intruding into its air space along its southern flank and Russian bombers and spy planes probing its northern defenses, the Defense Ministry said on Tuesday.
Islamic State holds 2 Japanese, demands $200 million in ransom
Department store sales sluggish after tax hik

## China ##
China aims to expand non-dollar economic bloc through increased yuan transactions
With the world's biggest foreign currency reserves, close to $4 trillion, China is racing to create what can be called a "non-U.S. dollar economic bloc." If realized, the Chinese currency will be used for many more international settlements.
China May Allow Bond Trading Through Hong Kong-Shanghai Link
Hong Kong creates cadet force modeled partly on Chinese army
China facing aging challenges

## UK ##
Retail crime up 18% on the year as gangs target high-value items
Retailers highlight the rise in the use of specialist equipment such as de-taggers and foil-lined bags to avoid detection
Northern Ireland To Cut 20,000 Public-Sector Jobs: Minister
Cut, baby, cut! -- RF
Terror suspects and criminals to be stripped of human rights
The draft bill, to replace the Human Rights Act, would allow British judges to ignore the European Court of Human Rights
Bid to install 'gunfire detectors' in public buildings
U.K. may be out of natural gas by April

## US ##
How Do You Unmanipulate a Manipulated Economy?
Regardless of what slippery words are deployed to mask the manipulation, it doesn't change the reality that the U.S. economy remains a manipulated mess that is dependent on monetary and statistical manipulation.
CIA Torture Whistleblower Wants to Know: 'Where's the Prosecution?'
Gotta Keep Dancing – Honda Executive Laments "Stupid" Auto Loans Driving U.S. Sales Higher
What 4th Amendment? Police Across the U.S. Are Using Radars to See Inside People's Homes
Downgrading The US Will Cost S&P $1.5 Billion
60 U.S. malls on life support
California Pharmacies Rationing Prescription Strength Cough Syrup In Busy Flu Season

And finally...
Japan to sell talking robots that won't try to make sense

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