Thursday, February 12, 2015


News Links, February 13, 2015

## Global Ponzi meltdown/House of Cards ##
Baltic Dry Index Hits New Record Low
Greece Talks Break Down; Parties Cannot Even Agree On a Statement
Sweden's Central Bank Cuts Key Rate To Negative, Launches QE
Deutsche Bank Warns, Energy Stock "Valuations Are Unsustainable" Unless Crude Hits $70 By 2H15
King of Spain cuts his own salary in austerity drive
Stealth Greek Bank Run Continues: ECB Hikes Emergency Lending To EUR 65 Billion
Guess What Happened The Last Time The U.S. Dollar Skyrocketed In Value Like This?…
This Is How HSBC Celebrates 150 Years of Banking Crime & Corruption: Happy Birthday
China Moving to Replace USA as Financial Capitol of World

## Airline Death Spiral ##
'Dangerous' airlines blacklisted – what you need to know before flying overseas
Fuel surcharges expected to stay on U.S. flights
Storms cancel 20,000 flights so far in 2015, cost airlines $65 million
Air Canada loss widens, hurt by higher costs, weaker C$
Norwegian Air Has Wider-Than-Estimated Loss on Fuel Hedge
Korean Air 2014 loss widens on weaker won
Finnair: net losses are a hard habit to kick. 2014 cost cuts wiped out by falling revenue

## Fault lines/flashpoints/powder kegs/military/war drums ##
Poroshenko: Martial law possible if conflict escalates
Draft Dodging Growing Concern in Ukraine During Ongoing Russia Conflict
Ceasefire in Ukraine; Description of the Negotiations; Will This Hold?
US Blinks: Kerry Says Prepared To Roll Back Sanctions On Russia
US Embassy Closing In Yemen As Houthi Rebels Gain Power May Signal Permanent American Exit
ISIS and Guantanamo Bay: Chain of Command Casts Spotlight on Re-engagement
The late ISIS commander in Afghanistan and his heir apparent have more in common than their Taliban pasts and a tendency for jihad: both were former Guantanamo Bay detainees.
Syrian Troops Advance Into al-Qaeda-Held Territory Near Israel
Global backlash: Terrorism, dour economies put migration in spotlight
China's Xi to make first state visit to U.S. as both flag problems

## Global unrest/mob rule/angry people/torches and pitchforks ##
Historic Drought In Brazil Sparks Fear Of Civil Unrest
Peru natural gas protests leave at least one dead, dozens injured
7 protesters injured in Comoros 'electricity' clashes
Clashes in Venezuela as economic shortages continue to bite
Thousands protest against Houthi rule in Yemen after embassies close

## Energy/resources ##
Most of Kuwait hit by power blackout
Blackouts force S.Africans to cut reliance on erratic power grid
Eskom announces more load shedding
Power restored to Sydney's CBD after massive blackout
Libya struggles to keep electricity on
Brazilians hoard water, prepare for possible drastic rationing
Brazilians are hoarding water in their apartments, drilling homemade wells and taking other emergency measures to prepare for forced rationing that appears likely and could leave taps dry for up to five days a week because of a drought.
EU Energy Union May Be Biting Off More Than It Can Chew
Oil Prices: A Simple Explanation
Peak? What Peak? Europe's energy consumption back to 1990 levels
A Massive Natgas Production Cut You Didn't Hear About
Researchers turn solar energy into liquid fuel
This will make approximately zero contribution to propping up industrial society. -- RF
Global Oil Layoffs Exceed 100,000
Apache Takes $5.2 Billion in Charges, Slashes Rig Counts
Total Takes $6.5B Impairment, Cuts Costs To Counter Weak Oil
Husky Energy Swings To Loss, Cuts 2015 Capex Again

## Got food? ##
As Ebola Virus Outbreak Slows, World Bank To Send $15M In Aid To Prevent Food Crises
Seed Libraries Fight for the Right to Share

## Environment/health ##
NASA finds 19,500 square miles of polar ice now melts into the oceans each year
Introducing "Physician Dispensing" – The Latest Troubling Medical Industry Scam
Ebola Outbreak Update: Withdrawal Of US Troops From Liberia Isn't 'Mission Accomplished,' Obama Says
Federal Campaign to Save Monarch Fails to Address Root Cause of Decline
72% of Americans Feel Money-Related Stress and 31% Say it Adds to Relationship Conflict
Study Finds Air Pollution Harmful to Young Brains
Millions of Tons! Scientists Tally Up Plastic Pollution in Oceans
Climate Change Sets Stage for Droughts of 'Unprecedented' Proportions
Toxic cloud covers town near Barcelona after huge explosion at chemical factory

## Intelligence/security/internet/cyberwar ##

## Propaganda ##
There is so much propaganda to deal with that I made this into a stand-alone category. -- RF
NYT Whites Out Ukraine's Brown Shirts
The New York Times has been more biased on the Ukraine crisis – endlessly promoting State Department propaganda – than when it published false Iraqi WMD stories last decade. Case in point: a story from Mariupol hailing the Azov battalion without noting its neo-Nazi fighters.
NBC suspends Brian Williams as its lead anchor for six months
NBC's Brian Williams: Prosecuted by Presstitutes
The hypocrisy of American journalism knows no bounds, punishing individual journalists for personal failings but giving a pass on major abuses like pimping for the Iraq War. Thus, NBC's Brian Williams was suspended for a personal falsehood not for failing to challenge government lies.
'Christianists' Howl at Obama's Truth-telling
Though founded by a pacifist who spoke for the oppressed, Christianity has contributed to more wars, injustices and genocides – in all corners of the world – than any other religion. But President Obama's glancing reference to this reality prompted howls of protests.
Empire of Lies
We are living in an era where a single statement of truth will drive a pin into the global bubble of phantom assets and debts, and the lies spewed to justify those bubbles.

## Systemic breakdown/collapse/unsustainability ##
The Problem of Debt as We Reach Oil Limits
Almost 200 nations complicated a drive for a U.N. deal to combat climate change in 2015 on Wednesday by more than doubling the length of a draft negotiating text to about 100 pages of radically varying solutions.
Another example of how the growing complexity of problems and the institutions to deal with them are inflating to unmanageable proportions. The system is spinning hopelessly out of control. -- RF
Waste of money and resources. -- RF

And finally...

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