Wednesday, January 28, 2015


News Links, January 29, 2015

## Global Ponzi meltdown/House of Cards ##
Baltic Dry Index: 666
Greek Prime Minister Alexis Tsipras Vows To 'Negotiate Debt Relief' After Syriza Victory
Slope of Hope vs. Reality: Greek Assets Hammered, 3-Year Yield Near 17%; Worst Day Ever for Greek Bank Stocks
Goldman cuts outlook for whole commodity sector
What Debt Bomb? French Job-Seekers At All-Time High, 10-Year Yield At All-Time Low
Canada Just "Revised" All Of Its 2014 Job Gains 35% Lower
Why The Damage To The Economy Caused By The Oil Crash Is Going To Get Progressively Worse
The Surprising Consequences of the Global Frenzy for Positive Yield
China's yuan breaks into the world's top five as payment currency - SWIFT
Filipinos warned against taking loans, credit card debt
The Philippine government has warned Filipinos in the UAE against applying for loans and using credit cards that they can't pay. "This advisory is being issued in view of the alarming increase in the number of Filipinos detained due to unpaid loans," an official from Manila's Department of Foreign Affairs (DFA) said as reported by local media.
Iran Drops Dollar As Congress Threatens More Sanctions
Zimbabwe's Gold Mines On Verge Of Collapse Due To Low Bullion Prices

## Airline Death Spiral ##
Dubai overtakes Heathrow as top international airport
In Response To Attacks, Sweeping Data Collection To Be Proposed for EU Airports
A new European Commission counterterrorism plan to be published on Wednesday would require 42 separate pieces of information on every passenger flying in and out of Europe, including their bank card details and home address, to be stored on a central database for up to five years for access by the police and security services.
Thai Airways International selling aircraft and slashing routes to uncertain effect
Skymark Airlines files for bankruptcy protection

## Fault lines/flashpoints/powder kegs/military/war drums ##
Three more beheaded under new Saudi king
Nigeria needs regional force to defeat Boko Haram
Global Drug Trade Gets More Efficient, Defies US War on Drugs, Revolt Builds in Latin America
Israel strikes Syrian government positions after rockets land on Golan Heights
Cuban President Raul Castro: US Must Lift Embargo And Give Back Guantanamo To Normalize Relations
Myanmar's civil war: End to conflict remains elusive as peace talks falter
ASEAN Countries Urged To Stand Up To China Over South China Sea
Russia's Grip On Greece's Gas Has Created A Mess For The New Government In Athens
UN warns crisis looms for families in southern Iraq
The United Nations' food agency warned on Tuesday of a looming humanitarian crisis in southern Iraq, where tens\ of thousands of destitute, displaced families have sought refuge from conflict.
Startling revelations: IS operative confesses to getting funds via US
AFRICOM Commander Wants Full Counterinsurgency Plan for Boko Haram
Japan, China competing for construction projects in Asia
Ukraine's Government Is Losing Its War. Here Is Why:

## Energy/resources ##
Global Drilling Productivity: The Unwelcome Truth
Critical Copper Nation Indonesia Has Begun Seizing Mines
Top Canadian oil producer cuts spending
Canada's second-largest oil producer, Cenovus Energy, said Wednesday it was cutting its capital expenditures for 2015 deeper than originally planned.
Italy to halt solar power sector incentives -deputy industry minister
SMA Solar to cut 1,600 jobs as European demand slides
We are about to find out how much pain the great oil crash has unleashed
Kazakhstan oil refineries face shutdown

## Got food? ##
Widespread Fish Consumption Drives Fears of Empty Oceans

## Environment/health ##
Study suggests sleeping drugs can increase risk of Alzheimer's
Youth; It's In The Blood
Report: Pollution is the Leading Cause of Death in the Developing World
Scientists Are Clear: Big Winter Storms Influenced by Warming Planet
Floridians petition against release of genetically modified mosquitoes
US measles outbreak is bad, and it's getting worse
Rat plague, locusts strike Madagascar
Medicinal Pot Takes Over Giant Hershey Plant in Canada

## Intelligence/propaganda/security/internet/cyberwar ##
Apple In New Security Concessions To Beijing
Washington's Russophobes Get Desperate—-Uncover Bronx "Spy Ring" Looking For Secrets On Google
Spying program leaked by Snowden is tied to campaign in many countries

## Systemic breakdown/collapse/unsustainability ##
Yes, we can live well and avoid climate disaster, says UK government
We can fly, drive and prosper while avoiding dangerous global warming – but only if billions remain in poverty and huge changes are made in areas such as energy and agriculture, new analysis from Decc's Global Calculator shows
Amid Gas Drilling Boom, Investigators Warn of Systemic Pipeline Safety Hazards
Ford recalls 220,000 vehicles including Police Interceptors and Lincolns
Nissan recalls 768,000 crossovers and SUVs for separate problems

## Japan ##
Jordan prisoner swap on hold, fate of Japanese IS hostage unclear
Unseasonable temperatures hit Sapporo Snow Festival preparations
Japan Atomic Power, reeling from nuke shutdown, eyes major restructuring
Sony to cut 1,000 more jobs in smartphone business

## China ##
China's oil demand to grow three percent in 2015 - CNPC research
GM crops given less room to grow
China Can Urbanize or Control Debt, But Not Both
There's a Measles Outbreak in Beijing Right Now, and It's Expected to Get Worse

## UK ##
Poorer households hit hardest by austerity over the last five years, according to new report
Tesco names 43 stores to close in turnaround plan
Scottish Moratorium, Planning Delay Dent Cameron's Shale Gas Ambitions

## US ##
Pure Hypocrisy – As Government Spies on Millions of Americans' Cars, Police Want Google to Ban Cop Tracking Feature on App
White House To Request $534B Base Defense Budget To Boost Spending In 2016
The White House will seek to boost America's defense spending in 2016 when it sends a $534 billion base defense budget request to Congress next week, according to media reports. The plan will also seek nearly $51 billion for Overseas Contingency Operations (OCO) to fund U.S. operations in Afghanistan as well as the offensive against the Islamic State group in Iraq and Syria.
Bill To Authorize Use Of Force Against ISIS To Be Introduced In Congress
Occupied by Wall Street – The Latest TARP Taxpayer Screw-Job is Revealed
Hounded by Evil Dollar & Collapsed Commodity Prices, Corporate America Clamors for Total Currency War
Alaska Facing Huge Deficit Without Oil Tax Revenues
Students forced to expose underwear for inspection
Return of the 3% down payment

And finally...
Cost of Vomiting in a Seoul Cab: $140
Woman in wheelchair stands up to shoplift

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