Saturday, February 14, 2015


News Links, February 15, 2015

## Global Ponzi meltdown/House of Cards ##
World's Largest Shipbuilder Reports $3 Billion Loss As Baltic Dry Index Hits New Record-er Low
Bulk shipping rates drop to 30-year low as Baltic Dry Index plummets
Central Banks Buy The Second Most Gold In 50 Years: A Look At Who's Buying
Rattled European consumers buy more gold in January
German economy picks up speed, grows by 0.7 percent in Q4
S&P cuts Puerto Rico rating after restructuring voided
Two More Harbingers Of Financial Doom That Mirror The Crisis Of 2008
Yahoo Inc cuts up to 125 jobs, mostly affecting Canada offices
Why it's time to get off the U.S. dollar bandwagon
Taiwan High Speed Rail: Debt-ridden bullet train operator warned of March crisis
Indonesia's twin deficits becoming chronic
Indonesia has now run both current-account and fiscal deficits for three years in a row, a gnawing problem that is undermining its currency and could upset a high-spirited stock market.
Global Deflation Exports To US Send Import Prices Tumbling Most Since Lehman
Rajoy: Spain has no money to spare, expects Greece to repay Spanish loans
Are Airbnb and Uber creating a new black economy?
Youth unemployment is a 'significant concern', says RBA (Australia)
Pessimism in Spain: 83% Say Economic Situation is Bad; Podemos Takes Huge Lead in Latest Poll

## Airline Death Spiral ##
United Airlines to cut about 1,150 jobs at 16 U.S. airports
Beijing reveals design for new international airport
Carriers warn soaring claims for delays will push up fares
Skymark net loss ¥13 bil. in April-December
Singapore Airlines launches new Premium Economy Class
Austrian poised to charge for amenities
Austrian Airlines is the latest carrier intending to charge short-haul economy passengers extra for amenities which would previously have been provided free of charge.
Aviation and oil prices: potentially a negative for airport capital expenditure.
But the other side of the industry coin is that some countries may feel the squeeze on their big ticket airport construction projects. Already, they are looking to trim them back. At the very least, smaller construction projects could be postponed or abandoned in many countries.

## Fault lines/flashpoints/powder kegs/military/war drums ##
US Navy ships look to establish Darwin military base, but China won't be happy, warns expert
Egypt will not tolerate closure of Bab al-Mandeb Strait: Mahlab
Egypt will never allow the Houthi militants in Yemen to close the Bab al-Mandab strait and would immediately respond by any possible way to prevent the Houthis from gaining control over the strait, said Prime Minister Ibrahim Mahlab said Thursday.
Obama's Force Authorization is a Blank Check for War Worldwide (Ron Paul)
The US' Suicidal Strategy On Ukraine
Japan, US to overhaul mutual defense guidelines
The Untold Story Of A Ukrainian Sniper Who Took Part In The Maidan Massacre
Petroleum Use Is Wrong For You And Me. What Can Be Done?
NATO expansion at heart of Ukraine crisis
Washington's 'Breakout' Baloney: The Real Barrier To An Iranian Nuke Deal
Israel Slams Diplomacy, Threatens to Attack Iran

## Global unrest/mob rule/angry people/torches and pitchforks ##
Must read: Angry Russian Farmer Repays $610 Bank Loan With Manure
A fed-up farmer kicked up a stink — and made clear his views on the banking system — by repaying a loan with the equivalent value in manure.
North Carolina murders revive Islamophobia concerns
Turkish police use water cannon on protesters decrying religion in schools

## Energy/resources ##
South Africa's Eskom imposes "Stage 2" blackouts
LNG tankers lie unused around Singapore as gas downturn turns to crisis
Over a dozen liquefied natural gas (LNG) tankers are parked, many idle, in and around Singapore - one of the world's biggest trading hubs for the fuel - in a sign that the slowdown engulfing world gas markets may be worsening into a crisis.
Low Oil Prices Lead Tullow To Suspend Dividend
The relentless drop in oil prices has forced many energy companies to cut back, sometimes drastically, on capital spending. But few if any of these corporations have had to resort to cutting shareholders' dividends – until now.
North American Energy Integration Could Bring The Planet To Its Knees
Andrea Rossi Vindicated? Cold Fusion Takes Another Step Towards Credibility
Don't get excited. Even if it works, it won't save industrial society any more than renewables would. -- RF
Gazprom readies Chinese gas pipeline
U.S. oil sector slowing, on and offshore
Large swath of Toronto's downtown loses power on coldest day of the year
Phase-two water rationing to hit major users in north, central, south (Taiwan)
Brazil's hydroelectric industry could face energy crisis due to drought
The Fracking Bust Hits Home — Never before has drilling for oil collapsed this far this fast (US)
US oil drillers extend record retreat to 10th week
Mass Layoffs Complicate Oil Industry's Long-Term Plans
Kyrgyzstan on the brink of energy crisis

## Got food? ##
Canada confirms new case of mad cow disease, cattle prices rise
Port Labor Gridlock Makes Agricultural Exports Suffer (US)
Growers and shippers are losing money on exports they can't ship while their crops sit on the docks and rot. Flooding the domestic market would risk a price crash, and some worry they could lose business permanently if overseas buyers get fed up with spotty shipments of spoiled goods.

## Lifestyle Solutions ##
The Cure for Discouragement: a Good Meal
Our Permaculture Homestead – Video Tour

## Environment/health ##
Infoporn: Proof That the FDA Isn't Protecting Americans' Health
U.S. 'clean coal' project demise shows EPA plan's weakness: lawyers
Each foot of coastline contains five bags of plastic, say scientists
U.S. Central Plains and Southwest will likely face apocalyptic drought
Flu epidemic hitting kids, elderly (US)
NSW, Victorian health officials objected to federal wind farm study conclusion
Waste from abroad sullies Japan's shores
Planet Earth is the Titanic, climate change the iceberg

## Intelligence/security/internet/cyberwar ##
That ;) You Type Can and Will Be Used Against You in a Court of Law
"If there are photos you really care about, print them out."
The Putin-Did-It Conspiracy Theory
A new truce agreement in Ukraine rekindles hope that the bloodshed can be reduced if not stopped, but Official Washington's gross misunderstanding of the crisis, blaming everything on Russia's President Putin, raises doubts and portends a potentially grave catastrophe.
But they won't be in time. -- RF
What's happening in countries like Italy and Japan is that net energy decline is driving down populations from clearly unsustainable levels. The process will continue until populations reach a sustainable energy level. It is unfortunate that brain-dead politicians aggravate the problem by calling for more babies. -- RF
The Alarming, Long-Term Consequences of Workplace Stress
Health problems associated with job-related anxiety account for more deaths each year than Alzheimer's disease or diabetes.

## UK ##
Most deprived English councils suffer biggest cuts in spending power
Parts of England with the highest levels of social deprivation and health needs have seen the largest falls in spending power as a result of the Government's austerity spending cuts, new figures reveal today.
Police called after boy's hat knocked off
And finally...
Revolutionary Alliance of Men that Women find Unattractive storms Shibuya to protest 'blood-soaked conspiracy of Valentine's Day' (Japan)

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