Monday, April 20, 2015


News Links, April 21, 2015

## Global Ponzi meltdown/House of Cards ##
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low
China's Central Bank Cuts Reserve Requirement Ratio By 100 Basis Points To Combat Slowdown
When The Herd Goes Manic—–Shanghai Shows How Its Done
Denials Mount as Greece Robs Peter to Pay Paul; Shell Games and Check Kiting
Grexit Step #1: Tsipras Seizes All Public Sector Cash—–More Capital Controls Coming
Unsound Banking: Why Most of the World's Banks Are Headed for Collapse
World Ponders Life After US Hegemony
Millionaire Businessman Wins Finland Election
As Petrobras scandal spreads, economic toll mounts for Brazil
People making more on their homes than they earn at work (NZ)
"I'm still in shock," Mr Duncan said after learning how much his old property fetched. "It's just disbelief. It was an 80s house, three-bedroom do-up. Where is the market going? God help New Zealand."
China rocking the global economic boat launched 70 years ago

## Airline Death Spiral ##
Computer security expert blocked from flight after tweets
Angry Passenger Throws Hot Soup onto Flight Attendant
Unruly Passenger Causes Diversion for Germany-Bound Flight
Skymark rejects most of creditors' claims

## Fault lines/flashpoints/powder kegs/military/war drums ##
Electromagnetic Railgun's First at-Sea Test Set for Summer 2016
Iran: Next Battleground for Arms Deals?
China's Xi in Pakistan to cement huge infrastructure projects, submarine sales
Sales of US arms fuel the wars of Arab states
Israel: We Can Target Russian-Made Weapons
Arab Army Chiefs To Meet On Joint Military Force
Fighting, gasoline shortage intensify Yemen crisis
NATO activity near Russian borders increased by 80% – General Staff
Houthi: Saudi Goal Is Occupation of Yemen
US warship heads to Yemeni waters; could block Iran weapons
U.S. says might talk to Iran about regional stability, cites Syria
The U.S. State Department said on Monday it might talk with Iran about promoting regional stability, noting it had been open to including Iran in past efforts to achieve a Syrian peace deal if Tehran had altered its policy.
As the U.S. Consulate in Irbil, Iraq Is Bombed, Can America Still Do Diplomacy in the Middle East?
Bombs shatter houses in Yemen capital, hit near Iran Embassy
US Begins Training Ukrainian Guardsmen Despite Russia's Concerns
El Chuyin, leader of Juarez cartel, captured in Mexico
How ISIS Became A State——The Old Fashioned Way Through Violence And Protection Rackets
A good read. -- RF
Japan, U.S. consider joint surveillance in South China Sea

## Global unrest/mob rule/angry people/torches and pitchforks ##
Iranians chant 'death to Israel, U.S.' during military parade
As we've seen here, Iranians have plenty to hate the US and its allies for. -- RF
South Africa's 'Rainbow Nation' turns dark as immigrant attacks rise
Labor unrest disrupts transport services in Portugal as unions fight reforms, sell-offs
'Stop TTIP': Global Day of Action Draws Tens of Thousands
The inequality bubble is accelerating, worse than '29, even 1789

## Energy/resources ##
Why Nuclear Power Is All but Dead in the U.S.
Canadian oil and gas firms 'bleeding money' amidst darkest outlook in a decade
Tackling the Skills Shortage Challenge in the Oil, Gas Industry
A happy customer: China invested $21 billion in Iran's oil sector
Three Reasons Oil Will Continue to Run the World
The Chilling Thing Blackstone Said about the Oil Bust
Costs for Germany's nuclear exit could rise to 70 bln euros
The bill for shutting down Germany's nuclear power plants and building a safe disposal site for nuclear waste could rise to 70 billion euros, the head of a government commission told daily Frankfurter Rundschau in an interview.
The costs will certainly be much greater than €70 billion. -- RF
Do Biofuels Still Have A Place In The Global Energy Mix?
Less than a decade ago, biofuels were set to take the energy world by storm. They promised a low-carbon alternative to gasoline, while advances in algae technology were taking biofuels beyond the traditional soybeans and corn. In 2015, the contrast could not be starker.
Halliburton Warns Of Weakness In N. America, International Operations
South Africa's power utility to cut 1,000 MW of electricity on Monday

## Got food? ##
Almonds get roasted in debate over California water use
Sacramento Valley rice farmers say they will grow less due to drought
Shoppers should brace for higher food prices, driven by beef and pork (Canada)
Crickets Are Not a Free Lunch, Protein Conversion Rates May Be Overestimated
6 simple tricks to nix food waste at home

## Environment/health ##
Excellent: How to Free the Soil by Depaving
Monsanto seeks retraction for report linking herbicide to cancer
Mysterious disease that kills patients within 24 hours leaves at least 18 dead in Nigeria
Wedge of warm seawater known as 'the blob' blamed for marine havoc
Worldwide electronic waste worth $52 billion; 60 percent household appliances
A veil of secrecy shields hospitals where outbreaks occur
California's New Drought Rules Would Require Cuts of Up to 36%
U.S., China top dumping of electronic waste; little recycled
Yangtze pollution pushes Chinese sturgeon to brink of extinction
As Lake Mead Levels Drop, The West Braces For Bigger Drought Impact
Climate change: can the Seneca collapse save us?
Breast cancer cases may grow by 50 percent by 2030

## Intelligence/security/internet/cyberwar ##
Advertisers are looking inside your brain: Neuromarketing is here and it knows what you want
An alarming new way to steal your passwords
Meet Cyber P3 – The U.S. Military's Public-Private Partnership to Create Corporate/Government "Cyber Soldiers"
NSA Chief: Rules of War Apply to Cyberwar, Too

## Propaganda ##
BuzzFeed has deleted over 1,000 articles, three due to advertiser complaints
A Fact-Resistant 'Group Think' on Syria
CBS News' anchor Scott Pelley is known for his clueless journalism which never goes beyond Official Washington's "group think" – and he was at it again in a dangerously provocative "60 Minutes" segment on the sarin gas attack near Damascus, Syria.

## Systemic breakdown/collapse/unsustainability ##
Mediterranean Becomes Mass Grave as Europe Struggles With Migrant Crisis
BMW recalls 91,800 Mini Coopers to fix air-bag sensor
Disrupt or Be Disrupted
The Decline and Fall of the United States
Humanitarian Crises Mount With Fighting Across Iraq

## Japan ##
In Japan, schools so small they can't even form soccer teams resist the ax
Japan to require parliamentary consent for international missions
Japan's ruling coalition has agreed to require advance parliamentary approval for providing logistical support to foreign militaries under new security legislation, resolving a major sticking point and moving closer to wrapping up the debate.
Japan white goods shipments fell 12.2 percent in fiscal 2014
In security shift, Japan eyes equal partnership with U.S.
Abe breaking arms taboo with Japan's first defense trade show
Japan will host its first international defense trade show next month, underscoring Prime Minister Shinzo Abe's bid to loosen the shackles of its postwar pacifist Constitution amid territorial tensions with an increasingly assertive China.
McDonald's Japan to close 131 outlets
Child poverty panel launched

## China ##
China Floats QE Trial Balloon, PBoC May Launch LTROs
China's Latest RRR Cut To Help Maintain Stable Liquidity: People's Daily
Why China's RRR cut reeks of desperation
Automotive industry's profits take a tumble
Almost one-fifth of the automakers and spare parts producers in China were in the red, a 7 percentage point increase, according to the data.
China aims to make RMB more freely usable
Does the Collapse of a Chinese Developer Signal the Start of More Defaults?
Over 100,000 officials reprimanded so far in China's austerity crackdown

## UK ##
Children to receive free vitamins as lack of direct sunlight causes rise in rickets cases
Energy companies' fuel reserves contain five times the amount of carbon dioxide that can be safely burned, report says
442 Mental Health Experts Call for an End to Austerity
Yes indeed, austerity sucks. But I still say that it's the wave of the future. -- RF

## US ##
Chicago on the ropes: Credit Swap Event Triggers for Chicago Schools: Out of Cash in 30 Days, Cooking the Books to Oblivion: Rauner Ponders Bankruptcy; Emanuel Out to Destroy Middle Class
American Justice – FBI Lab Overstated Forensic Hair Matches in 95% of Cases, Including 32 Death Sentences
Another Reason To Move Away From California: 'Conditions Are Like A Third-World Country'
Student debt now makes up nearly half of federally owned financial assets
The student debt epidemic is spiraling out of control and the public is becoming more aware of the situation.  $1.3 trillion in student debt is now outstanding.  This is already a problem with nearly one out of three loans in repayment already in some form of delinquency.
Officer Charged in Beating of Man, Floyd Dent, During Traffic Stop
US Military Spending Still Up 45% Over Pre-9/11 Levels; More Than Next 7 Countries Combined

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