Saturday, April 04, 2015


News Links, April 5, 2015

## Global Ponzi meltdown/House of Cards ##
Greece Drawing Up Contingency Plans To Nationalize Banks, Bring In Parallel Currency: Report
Greece Brandishes Drachma, Threatens Euro Exit
Greece says ready to make IMF payment on April 9
China's new investment bank may signal a move away from U.S. debt
The China-backed Asian Infrastructure Investment Bank may be the latest sign that the largest holder of U.S. bonds is shifting away from holding American debt.
Alberta's economy at stake, petroleum group says
Ukraine Seeks $15.3 Billion From Restructuring of Pre-2014 Debt
US Growth Forecast Chopped to Zero

## Airline Death Spiral ##
Southwest faces more FAA fines over maintenance violations
Thai aviation sector under scrutiny after safety audit
Germanwings flight makes emergency landing after passenger 'panicked'
Heavier fines due for flight safety breakers
'Hangry' flier punches flight attendant in face over a sandwich
Thai Airways To Cut 2,000 Jobs This Year
Thai Airways aims to cut 2,000 jobs through a voluntary retirement scheme in 2015 - part of its plan to reduce headcount by 5,000 in the coming years.
Air India pilots financially stressed, claims pilot association
Crash piles pressure on Lufthansa's CEO Spohr
The crash of Germanwings Flight 9525 in France has heaped intense pressure on Lufthansa's CEO Carsten Spohr, who in less than a year at the helm has had to grapple with big financial losses, labor unrest and tough competition from lower-cost carriers.
Police board Qatar Airways flight after passenger mutiny
A passenger mutiny on board a diverted Qatar airways flight at Birmingham Airport led to police officers being called out twice to deal with irate travellers
Germanwings plane diverted to Stuttgart due to suspected oil loss
Lawmaker Moves to Remake Air Traffic Control as a Corporation

## Fault lines/flashpoints/powder kegs/military/war drums ##
'Back to normal behaviour:' Echoes of Cold War in Norway as Russia resumes military flights testing NATO defences
Putin May Have Last Laugh Over Western Sanctions
Athens plays Russian card, eyes Turkish Stream
China And The US: The AIIB Fiasco & America's Colossal Loss Of Face
Russia Readying Up To $1.2 Billion For Tajikistan To Fight Against ISIS: Report
Saudi air campaign fails to halt rebel advance in Yemen
China Says Iran Deal Good For Sino-US Relations
Russia and Red Cross appeal for 'humanitarian pause' in Yemen
Al-Qaeda Seizes Mukalla Army Base, Securing Foothold in SE Yemen
Saudi Arabia Keeps Hinting It Would Go Nuclear if Iran Does
AP investigation prompts emergency rescue of 300 plus slaves
Ukraine "Loses" Five Indian Airplanes, Shake-Up of Secret Service and Army Underway
Argentina to take legal action against UK for Falklands drilling
US Military to Deploy Robotic Ghost Ships This Fall

## Global unrest/mob rule/angry people/torches and pitchforks ##
Enraged S.Korea protesters behead effigy of Japan Prime Minister (video)

## Intelligence/security/internet/cyberwar ##
A $60 Gadget That Makes Car Hacking Far Easier

## Systemic breakdown/collapse/unsustainability ##
The Inevitable Failure of Mechanistic Monetary Policy
Hundreds More Likely Do the Same, Avoiding $600 Billion in U.S. Taxes
Crude Oil Price Declines Mean Steady Loss Of Oil, Gas Jobs
Economic risks may emerge in North Dakota
The rig count in North Dakota continues to decline and the economic health of cities depending on the oil industry may start to suffer, credit analysis finds.

And finally...
'We can do better than this monster!': New York town bands together to destroy 'hideous' statue of Lucille Ball
The Only TV News Report On The Economy You'll Ever Need

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