Saturday, March 21, 2015


News Links, March 22, 2015

## Global Ponzi meltdown/House of Cards ##
The Latest Flashing Red Light: Global Earnings Plunge Most Since Lehman
Vladimir Putin Proposes "Eurasian" Currency Union
UnionPay makes mark in Turkey
Southeast Asia makes vital push in banking integration
Evolution of Taxes: Italy Taxes "Shadows", Tax on Breathing Next?
New World Order - Is Asia's New Bank a Threat to Western Power and the U.S. Dollar?
This is much more important than political commentators generally realize. We must appreciate that anything China does is planned well in advance.
Cash Dinosaur: France Limits Cash Transactions to €1,000, Puts Restrictions on Gold; Bitcoin End Coming?
This is what a tech bubble looks like
More than 500,000 labourers working in Dubai, says official
Ireland sells debt at negative yields for the first time
Ghana seeks bridge financing of up to $1 bln in H1 2015

## Airline Death Spiral ##
Airbus raises A380 seat count to 544 passengers
The increase from the previous layout of 525 seats relies on a denser cabin configuration using 11 seats in each Economy row instead of the current 10.
Termination letters for 6,000 Malaysia Airlines staff on June 1
Ryanair rethink transatlantic flight plan
Top economist Tony Mackay calling for Dundee Airport's closure
Frontier Airlines raising baggage fees
Now airports want to hike fees
Lufthansa pilot strike grounds most long-haul flights
Runway Inflation: Airport Expansion Takes Heat in Hong Kong
Boeing and others tout China's first biofuel passenger flight
It'll never be anything more than a tiny niche, and it certainly won't save the airlines. -- RF
New Orleans Airport Machete Attack Update: Richard White Had Six Molotov Cocktails, Smoke Bombs On His Person
U.K. regulator takes consumer action against Aer Lingus, Wizz Air, Jet2

## Fault lines/flashpoints/powder kegs/military/war drums ##
Clinton Foundation's Deep Financial Ties to Ukrainian Oligarch Who Pushed for Closer Ties to EU Revealed
This Is Outrageous—–Washington To Guarantee More Ukrainian Debt So Kiev Can Fund Its Bloody Civil War
Israel's shield no more?
In the wake of Israeli Prime Minister Benjamin Netanyahu's decisive reelection, the Obama administration is revisiting longtime assumptions about America's role as a shield for Israel against international pressure.
US removes Iran and Hezbollah from list of terror threats
Lithuania brings back military conscription
Danish Warships Could Be Targeted By Russian Nuclear Missiles If Denmark Joins NATO Shield, Diplomat Says
NATO Launches "Wide-Scale" War Games Near Russian Border, Creates "Line Of Troops"
Islamic State claims responsibility for Tunisia attack
Iran wants limits on nuclear work eased before any deal expires - officials
MH17 Was Shot Down By A Russian Missile, Conclude Experts For Dutch Investigation
Sweden To Boost Submarine Fleet
E. Europe Eyes Conscription Amid Russia Threat
Italy Beefs Up Air, Naval Presence in Med
Shiite rebels call for Yemen offensive; US troops evacuate
France Displaces Britain as Key US Military Ally
Russia holds military exercise on disputed isles off Hokkaido: Interfax
Libya's recognised government launches air strike on camp in Tripoli
Vladimir Putin Not Responsible for Ukrainian Civil War, Expert Says
Moar War! Big Bank's Analyst Worries That Iran Deal Could Depress Weapons Sales

## Global unrest/mob rule/angry people/torches and pitchforks ##
Caught on Hot Mic – Janet Napolitano Says "We Don't Have to Listen to This Crap" Referring to Student Protest
Bloody arrest of black UVA student sparks protests, prompts investigation
New ECB Tower Party Besieged by Protesters: In Pictures (gallery)
Fed Up With Austerity Policies, #Blockupy Storms Streets of Frankfurt
Protest all you want, but austerity is the wave of the future. -- RF
Irish anti-water charge protesters keep pressure on government
Georgia Protests: Thousands Turn out In Tbilisi Demanding Government Step Down
Taiwan Tourist Town Threatens to Block Roads to Keep Mainlanders Out

## Energy/resources ##
A "Wave of Bankruptcies" About To Hit Coal Industry
British Gov. Puts North Sea Oil On Life Support
Global Shale Revolution On Hold
The Oil Big Five: Slowdowns from capex cuts and strikes
Transocean to scrap four drilling rigs
Statoil 'highly impacted' by low oil prices
Germany sees new power lines as vital in teeth of Bavarian protests
After $31 Billion Fee Bonanza——Wall Street Gets Indigestion On Busted Energy Loans
Citigroup Inc.,Goldman Sachs Group Inc.,UBS AG and other large banks face tens of millions of dollars in losses on loans they made to energy companies last year, a sign of investor jitters in a sector battered by the oil slump.
Banks stockpile fuel to weather power outages
BANKS in South Africa are stockpiling fuel to run generators so that they can keep operating should power cuts worsen.
Energy crisis: Long power outages to continue this summer (Pakistan)
Oilsands pain spreads all the way to Canada's far-flung eastern shores
Just as Global Oil Glut Deepens, China Cuts Oil Imports
Oil rot spreads as loan default claim puts Connacher Oil and Gas on brink
Solar eclipse nearly devastating on power grids, but Europeans kept the light on
A major US energy company has filed for bankruptcy
European Coal Falls to Lowest Since 2007 as Demand Outlook Dims
The Perfect Storm For Oil Hits In Two Months: US Crude Production To Soar Just As Storage Runs Out
Value of MidEast oil exports expected to slump $300bn in 2015
Oil rig count continues slide as debate grows on uncompleted well backlog
Saudi Looking Beyond Oil Price Slump As Rig Count Spikes

## Infrastructure scavenging ##
More farms fall victim to solar panel thieves

## Got food? ##
China fishing plan in Antarctica alarms scientists
Gene Giants Kick Organic Consumers Association off SXSW Food Panel
Canadian Grocer Loblaw to Sell 'Ugly Fruit'
In Japan as well, visiting producer sites reveals huge piles of fruit and vegetables which have been discarded because they fail to meet certain arbitrary standards. Products made in factories must all be flawless and identical. In an absurd and ludicrous twist of thinking, this industrial mindset was applied to agricultural produce, resulting in shocking waste. -- RF
'Dangerous arsenic levels' found in California wine
China urges more action to raise grain output-Xinhua
To Solve California's Water Crisis, We Must Change the Nation's Food System
Food fans are told to prepare for a flood of dangerous counterfeit olive oil

## Environment/health ##
Monsanto Weedkiller Is  ' Probably Carcinogenic,' WHO Says
Sao Paulo Could Run Out of Water by June
Catastrophic Global Water Crisis Looming Large, UN Warns
Genetically engineering mosquitoes to end malaria could have unintended consequences
Record ice low could quicken Arctic thaw
Wild Bee Decline A Sign of Europe's 'Ecological Disaster': Study
Australia unveils 35-year plan to save Great Barrier Reef
Paris bans half of city's traffic to reduce pollution
Varennes Chemical Leak: Residents Urged To Stay Indoors To Avoid Potentially Toxic Gas From Kronos Factory Spill
How Violence in Ukraine Could Lead to Nuclear Disaster

## Intelligence/security/internet/cyberwar ##
Liberté, Égalité, Fraternité – French Government Begins Blocking Websites it Doesn't Like
Cisco is Shipping Equipment to Fake Addresses to Protect Customers; Meanwhile Amazon Refuses to Provide Any Transparency
The Web: Destroyer or Savior of Culture, Pay and Employment?
Next frontier for 'Internet of Things': Babies
Hacking BIOS Chips Isn't Just the NSA's Domain Anymore

## Propaganda ##
A Family Business of Perpetual War
Victoria Nuland and Robert Kagan have a great mom-and-pop business going. From the State Department, she generates wars and – from op-ed pages – he demands Congress buy more weapons. There's a pay-off, too, as grateful military contractors kick in money to think tanks where other Kagans work.
16 Articles That Expose How They Lied Us Into War in Iraq

## Systemic breakdown/collapse/unsustainability ##
Doing God's Work – San Francisco Church Sprays Homeless People with Water to Keep Them Away
Honda adds 105,000 vehicles to driver's air bag recall
The View From Outside (The Archdruid Report)
Only Less Will Do
Population Overshoot
Why the American Dream is unraveling, in 4 charts

## Japan ##
Japanese Pension Funds Dive Into Stocks To "Increase Risk-Taking"
Fukushima Watch: Images Confirm Meltdown
Some govt. officials pushing Japan to join AIIB
Feed-in tariff surcharges to be doubled for FY15
Two years on, BOJ chief says war on deflation 'very challenging'
Civilian R&D agency to get military role to spur arms innovation
Japan plans to get its biggest state-funded research and development agency involved in military research for the first time in a bid to lure more Japanese companies into the development of cutting-edge weapons technology, two sources said.
Why Japan's factories, jobs aren't coming back despite the weak yen
Food list for cesium tests to be shortened: ministry
Wealthy foreigners making hefty property investments in Tokyo area
Power sales down for 10 months in row
Electricity sales by 10 major power suppliers in February dropped 3 percent from a year earlier to 74.19 billion kilowatt-hours, down for the 10th consecutive month, an industry group said Friday.
Kyushu Electric to restart Sendai N-reactor by July
Japan may be set for world's biggest IPO

## China ##
China Wants Peak Coal, Peak Steel and… Peak Fertilizer
China state council likely to give nod for nuclear merger soon
Chinese Feb coal output down by 7.7 pct on supply clampdown
China's Teetering Property Market and the Failed "Beijing Consensus"

## UK ##
Advice encouraging landlords to 'stalk' potential tenants withdrawn

## US ##
A Swamp Of Waste Called The Pentagon: $8.5 Trillion Unaudited And Growing
Obama Administration Sets New Record for Censoring and Denying Access to Government Documents
Obama tightens his control over White House computers
President Obama signed a directive Thursday in an effort to "maintain the president's exclusive control of the information resources" provided to the White House.
Police departments hiring immigrants as officers
Law enforcement agencies struggling to fill their ranks or connect with their increasingly diverse populations are turning to immigrants to fill the gap.

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