Sunday, February 22, 2015


News Links, February 20, 2015

## Global Ponzi meltdown/House of Cards ##
It's Official: Global Economy Back In Contraction For First Time Since 2012 According To Goldman
Greece and the Endgame of the Neocolonial Model of Exploitation
Worried depositors rush to pull cash out of Greek banks
Why the U.S. will have to bail out Greece
The Grexit Into Gold-backed Drachma Conspiracy Theory - or - Plan Z
Head-On Collision: Germany Rejects Greece "Trojan Horse"; Slovakia Rules Out Further Aid
De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities
How Many More "Saves" Are Left in the Central Bank Bazookas?
China calls the shots in Asia's currency war
Why negative interest rates have arrived—and why they won't save the global economy
Canadians facing longer wait for retirement
Exposure of the Canadian Banks to Housing
Bank of Canada says oil slump could briefly dip inflation into negative territory
Finally! The US is busting Israeli banks
Dubai World's debt restructuring gets 100 pct creditor backing

## Airline Death Spiral ##
Lufthansa looks at plans to slim down management - source
SpiceJet airlines to cancel all services to Belagavi from March
SpiceJet Airlines, which is reeling under tremendous financial crisis is going to drop its all services to Sambra Airport of Belagavi, following the measures it has taken to cut down the maintenance costs.
Air France-KLM Profit Falls as Strike Offsets Cost Costs
New rules on flight hours create pilot shortage for regional airlines

## Fault lines/flashpoints/powder kegs/military/war drums ##
Uneasy alliances as fractured Iraq battles IS group
The US Anti-ISIS Strategy In Iraq's Anbar Province Is Not Working
U.S. sees Iraqi offensive to retake Mosul in April-May time frame
A-10 Warthogs return to Germany as situation in Ukraine deteriorates
Turkey Won't Link Air Defense System to NATO

Thailand failing to tackle fishing industry slavery, says rights group

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters storm Mexico Coca-Cola plant, take hostages

## Energy/resources ##
Blackout hits Cebu (Philippines)
Britain's Centrica cuts spending as weak energy prices bite
Britain's largest utility Centrica has cut its 2015-2016 exploration and production (E&P) budget by 400 million pounds ($618 million) after weak energy prices drove down full-year profit.
Origin Energy half-year profit drops, flags more cost cuts
Origin Energy Ltd , Australia's biggest gas and power retailer, reported a 9 percent drop in first-half underlying profit on Thursday, hurt by lower oil output, and said it would focus on cutting costs amid the oil price slump.

## Lifestyle Solutions ##
The Liberty Advantages to Homeschooling

## Environment/health ##
Deaths rise to 624 in India: All you need to know about the deadly Swine flu virus

## Intelligence/security/internet/cyberwar ##
Security, crime preparations for total Eskom blackout
Experts warn about a big increase in crime during a national power blackout, but it is uncertain if South African security forces are prepared for such an event

## Propaganda ##
White House: Israel Cherry-Picking Intel to Distort Iran Talks
Tick-Tock-ing toward Oblivion
Blithely, the world's political, military and financial leaders strut toward existential catastrophes while never questioning the rightness of their actions. This arrogance has caused leading scientists to push the symbolic clock of global destruction to three minutes to midnight.

## Systemic breakdown/collapse/unsustainability ##
The German army has faced a shortage of equipment for years, but the situation has recently become so precarious that some soldiers took matters into their own hands.
Ghana's economy heads for a collapse
What happened to "Duty, Honor, Country"? -- RF

Southern California Edison IT workers 'beyond furious' over H-1B replacements
Information technology workers at Southern California Edison (SCE) are being laid off and replaced by workers from India. Some employees are training their H-1B visa holding replacements, and many have already lost their jobs.

And finally...
Colombian woman changes name to ABCDEFG HIJKLMN OPQRST UVWXYZ

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