Sunday, May 31, 2015


News Links, June 1, 2015

## Global Ponzi meltdown/House of Cards ##
The World Will Never Retire
Retirement savings shortfalls challenge workers, employers, and governments from Canada to China
Greek Bank Deposits Bleeding Worsens in April
For Greece, This Is What Hell Looks Like
Canada's economy shrinks for first time in four years as oil shock sinks in
Europe Has A Solution For The Unemployment Problem: Fake Jobs
Dow Jones Industrial Average Tumbles 150 Points After US GDP Shrink
Sigmar Gabriel: Europe may have to move at different speeds
German Vice Chancellor Sigmar Gabriel said that Europe may have to move at different speeds in the future, with Germany and France taking the lead and leaving others to follow later.
South Africa's Harmony in talks with unions to cut over 3,000 jobs: NUM
Euro zone lending slows to standstill despite money printing
Forget U.S., Petrobras Turning To Asia, Europe For Money
Brazilian oil giant Petrobras needs foreign financing, but it won't be going to U.S. banks to get it. Although the company is not in any need of cash this year, the struggling oil firm is always on the look out for financing and has some $13 billion it's looking to capture this year. Not a dime, supposedly, will be in greenbacks.
Jim Rickards: China's Yuan Will Slowly Chip Away At 'Dollar Standard'
Dubai hotel room rates record steepest drop in four years
Mortgage Broker Tells Australia's Youth: Give Up Your Life, Fun, Holidays… and Buy an Overpriced Home
Affordable housing out of reach for Vancouver millennials
The P2P Lending Boom——America's Next Ponzi
"The Fed Has Been Horribly Wrong" Deutsche Bank Admits, Dares To Ask If Yellen Is Planning A Housing Market Crash
Germany passes Japan to have world's lowest birth rate - study
G7 agree 'in principle' to add Chinese currency to IMF basket – German Finance Minister

## Airline Death Spiral ##
Passenger jet nearly strikes drone over New York City
Exclusive: Air France faces new safety probe after freighter takeoff scare
Japan's Skymark submits bankruptcy plan despite creditor opposition
U.S. considers airport preclearance centers in nine countries
Is Asiana Undermining Its Own Safety Chief?
America's Worst Airport to Get $4 Billion Swedish Massage

## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S. Air Force confirms Boeing's electromagnetic pulse weapon
US, Iran accelerate nuclear talks a month before deadline
Video Shows Turkish Govt Arming ISIS
Islamic State growing threat in Asia, leaders at forum say
Pro-Iran militias take upper hand after U.S.-backed forces crumble in Anbar
Suicide bomber, rocket grenades kill 30 in Nigerian city
Most of world's declared chemical weapon stocks destroyed
Russia Bars 89 EU Politicians From Entering The Country In Response To Crimea, Ukraine Sanctions
SE Asia vows to rescue 'boat people'; Myanmar seizes migrant vessel
Gunmen kill 22 bus passengers in Pakistan attack
The Benghazi outrage we actually should be talking about
Newly revealed documents show how the CIA stood by as arms shipments from Libya enabled the rise of ISIS
America is in retreat. Is it time Britain faced facts too?
Japan, South Korea to resume defense exchanges
US to step up maritime defense cooperation with Southeast Asia
China confirms security agenda in South China Sea
PLA switching to an offensive footing, says Russian expert
Japan says nations must behave responsibly in South China Sea
Japan's Minister of Defense warned on Saturday that land reclamation projects in the South China Sea risked plunging the region into disorder and urged nations, including China, to behave responsibly.
Spain approves permanent US military base
The Spanish government approved an agreement Friday to host a permanent military presence of the U.S.'s Africa Command (AFRICOM) in the southern province of Seville, Spanish officials said.
Russia Wards Off "Provocative And Aggresive" US Warship In Black Sea
Serious flaws revealed in U.S. anti-missile nuclear defense against North Korea (US)
International effort rescues over 5,000 Mediterranean migrants
Indian Army Struggles With Ammo Shortages
Iran Oil Tankers Subject to More Attacks by Pirates: News Agency
Piracy in Southeast Asia
What many fail to know is that the West Indian Ocean is not the world's most dangerous seas. In 2014, the United Nations declared Southeast Asia seas as perilous. Piracy has always been endemic in Southeast Asia and it is showing no sign of abating.
The Rebel of St. Peter's Square: Where Is Pope Francis Steering the Church?
Playing with the Fire of Terrorism
By pandering to Saudi Arabia and the Sunni-controlled Gulf states, the U.S. government is playing with fire, allowing the spread of Sunni radicalism to destabilize targeted governments like Syria but unable to control the resulting terrorism.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters gather at Phoenix mosque under close police watch
Anti-austerity protesters gather in London to demonstrate against cuts
Thousands flood Caracas, Venezuela, in anti-government protests

## Energy/resources ##
USDA plans to inject $100 million on ethanol infrastructure: sources
Waste of money. -- RF
Tough times to continue for iron ore
Coal Facing Worst Year Yet in 2015
Investors Turning Away From Green Energy
Patent filings are often used as a proxy for innovation. With filings down, entrepreneurs may be finding it harder and harder to uncover new ways of producing clean energy.
California's Drought Is So Bad, Thieves Are Now Stealing Water
California Water Crisis: What's Next
Nuclear renaissance: New Energy Policy Needed as Nuclear Giants Take a Hit
In Face of Rising Climate Movement, Tar Sands on Life Support: Report
Asian imports of Iran crude rise to 4-month high in April
The energy revolution will not be televised

## Infrastructure scavenging ##
Metal thieves targeting commercial air conditioning units
Copper thieves target cellphone towers
Take The "A" Train…or not: New York subway hit by metals theft
New York subway riders trying to take jazz musician Billy Strayhorn's advice and travel on the "A" train into Manhattan ran into a snag this week. Services along the whole 31-mile length of the "A" train route were disrupted May 27 by what the Metropolitan Transit Authority described as a "massive theft of copper cable" from subway line tracks near Howard Beach, Queens.
Cable thieves make load shedding worse
As load shedding continues to plague Johannesburg, cable thieves seem to be determined to plunge the city even further into darkness.

## Got food? ##
Food supply fears whet appetite for Dutch farm technology
U.N. warns of coming hunger in North Korea
Drought-hit North Korea seen able to avoid food crisis
Texas floods and commodities: Farms face 'total loss for year'
Japan to increase butter imports to meet demand
Monsanto GMOs Defeated by Oregon Organic Farmers as Federal Judge Upholds Seed Ban

## Environment/health ##
This has been a month of extreme weather around the world
U.S. EPA proposing temporary pesticide-free zones for honeybees
Melting glaciers are revealing the mummified bodies of soldiers, ancient icemen, and long-lost adventurers
Heat Accelerates Dry in California Drought
Atlanta Flooding Update: Heavy Rain Shuts Down Roads In Metro Area
Texas Flooding 2015: Severe Storms In Texas Cause At Least $27M In Infrastructure Damage, Continuing Trend Of Increasing Natural Disasters
120,000 dead: half of the world's saiga die in less than a month
Second case of rare Bourbon virus found in U.S.
California redwood trees stressed to breaking point by drought, dying in Southern California
California's Snowpack Is Now Zero Percent of Normal
Incessant Indian heat wave leaves 1,800 dead
India's Heat Wave: How Extreme Heat Ravages the Body
India Heat Wave: Rain Brings Little Relief As Death Toll Climbs
Avian flu spread raises some concerns about human infection
At least for now, chickens, turkeys and other fowl are the only direct targets of the avian flu outbreak that has spread across the U.S. Yet scientists say there is a subtype of the virus that may have the potential to become a human pandemic.
Live anthrax: US discovers more possible shipments
Investigation launched into US shipment of anthrax to Australia
Pharmaceuticals a hidden risk to the environment, says new report
Australians are popping way too many pills and it is not just bad for the population, it is also increasingly bad for the environment.

## Intelligence/security/internet/cyberwar ##
Indian police detain pigeon as 'suspected spy' from Pakistan
US Tried, Failed To Sabotage North Korea Nuclear Weapons Program With Stuxnet-Style Cyber Attack
U.S. to bring Japan under its cyber defense umbrella
Thousands of Sites Block Congress in Protest Ahead of Patriot Act Expiration
US Special Forces Are Experimenting With Bug Drones
Inside NSA, Officials Privately Criticize "Collect It All" Surveillance
Mysterious low-flying plane over Twin Cities raises questions of surveillance
Woman handcuffed, put in holding cell, and fined for not holding escalator handrail (Canada)
Muslim Cleric Denied Unopened Soda on United Flight Because She Could 'Use it as a Weapon on the Plane'
Global Internet Traffic to Triple by 2019, Led by Video

## Propaganda ##
Holes in the Neocons' Syrian Story
The Islamic State and Al-Qaeda's Nusra Front continue to make gains in Syria while Official Washington plays the blame game, pushing a dubious narrative that the crisis wouldn't have happened if President Obama had just backed "regime change" earlier.
The Dissident Dad – 10 Things I Had to Unlearn That My Children Won't

## Systemic breakdown/collapse/unsustainability ##
Asia needs too many roads, railways and power plants
Asia's infrastructure needs are overwhelming. Governments and multilateral public lenders can only provide the money for a fraction of the ports, roads, railways and other pieces of society that much of Asia needs to grow and develop.
These countries have missed the boat. With the era of cheap energy coming to an end and industrial civilization already on the decline, they will never be able to build all the industrial-society infrastructure that they want. -- RF
'Sales are next to nothing': Merchants worry crime crisis could cast pall over Baltimore downtown
Baltimore Has Descended Into A State Of Lawlessness – And More Cities Will Soon Follow
General Motors, Subaru models added to Takata air bag recall
The senility of elites: coal mining must continue, no matter what the human costs
First the Fuel Subsidies Come Off. Then the Wheels.
5 Outrageous Luxury Hotels Now Underway
The working class Hunger Games: Reality TV show now pits working class against working class family for the chance to earn $101,000.
Fatal police shootings in 2015 approaching 400 nationwide
Why the American Dream is unraveling, in 4 charts

## Japan ##
Japan spending slump casts doubt on central bank optimism
Why the Bank of Japan Can't Stop a Sudden Collapse of the Yen
Japan's Super QQE Continues To Fail——-Because Its Based On Crackpot Monetarism
Magnitude 8.5 quake strikes off eastern Japan, no tsunami danger or damage reports
Dementia costing Japan 14.5 trillion yen a year: health ministry
Lawmakers OK health care reforms to address growing costs for the elderly
Japanese lawmakers approved health care reforms on Wednesday to address the rising costs of elderly care, with increased cost-sharing by high-income workers and prefectures taking over the running of loss-making public insurance bodies from municipalities.
McDonald's cuts number of 24-hour open outlets
Japan to cooperate with Africa in natural resource development
New security bills envision threats to Japanese people
Abenomics Heads Toward Debt Meltdown, Reflation Enemies Warn
Japan's push to secure African resources sputters, helping China
A Japanese government drive to secure access to resources in Africa has sputtered as some companies shy away from investing due to slumping commodity prices and worries over political stability, helping China as it races to import raw materials from the continent.

## China ##
Sunac Abandons Purchase of Troubled Chinese Developer Kaisa
Fortune Lost: The short, brutal and costly ride of China Investment Corp. in Canada
China to invest $900 billion in New Silk Road
China Pledges To Wipe Out Its Ivory Industry
Smartphone Saturation In China: Companies Look To Domestic Smartphone Market To Diversify Revenue
Suicides rising as China's corruption crackdown expands
Chinese Junk Yields Jump to 2-Week High on Bottle Maker Default
China Southern Airlines to Launch Direct Guangzhou-Nairobi Flights
As last-ditch meeting fails, Hong Kong prodemocracy lawmakers vow to veto planned reforms

## UK ##
Food poisoning bug 'found in 73% of shop-bought chickens'
Benefit cap could drop 40,000 children into poverty, leaked memo warns
Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
Food poverty and use of food banks rise in UK, reports show
Unnecessary street lights could be switched off in Craven

## US ##
Renters getting priced out of America's big cities
U.S. Households Under Pressure: Stagnant Incomes, Rising Basic Expenses
How do you support a consumer economy with stagnant incomes for the bottom 90%, rising basic expenses and crashing employment for males ages 25-54? Answer: you don't.
6 years into a recovery and Millennials are still moving into parental homes at record levels.

## The Clintons ##
Clinton Award Under Scrutiny
Bill Clinton agreed to accept a lifetime achievement award only after Petra Nemcova, the event organizer, offered a $500,000 contribution to the Clinton Foundation, the New York Times reports.

Thursday, May 28, 2015


News Links, May 29, 2015

## Global Ponzi meltdown/House of Cards ##
Run on Greek Banks Accelerates; ECB Halts Emergency Funding Hike; Untangling the Lies
Greece Owes $1.2 Billion To Drugmakers As Government Can No Longer Afford Basic Medical Supplies
IMF's Lagarde considers Greek exit from eurozone a possibility
April Greek Capital Flight €5 Billion; Eurozone Liabilities Hit €115 Billion
Instead of Playing Golf, the World's Elderly Are Staging Heists and Robbing Banks
Loneliness and poverty are two factors blamed for increased criminal activity among senior citizens
Yuan Now Most-Used in Asia for Payments to China, Swift Says
US Containerized Exports Plunge Off the Chart
Mounting Coal Piles Add to Doubts on India Growth Passing China
The Coming Cashless Society
Southeast Asian economies turn sluggish as exports sag
J.P. Morgan Chase expected to lay off more than 5,000 by next year
Global Youth Unemployment Hits 35 Million As Recent Grads Lean On Parents
Sinking Indonesia Docks,  Idle Ships Spur $6 Billion Port Revamp
Africa's Booming Youth Population May Boost Economy But Also Poses Risks, Economists Say
Cuba: Figuring Out Pieces of the Puzzle
It's Getting Ugly in Spain
More and More Outlets Are Suggesting a Carry Tax on Physical Cash

## Airline Death Spiral ##
For most passengers, air rage begins at home
The Best Airfare Deals Are Now in First Class
How Airlines Turned Your Vacation Plans Into a Losing Bet
Power failure at Belgian air traffic control disrupts officials' programs

## Fault lines/flashpoints/powder kegs/military/war drums ##
Poroshenko Threatens To Declare Martial Law In Ukraine Within Hours "To Demonstrate Readiness For War"
US Army begins training for the next war, which may be much different — and bigger
China moves weapons on to artificial islands in South China Sea
US mulls larger role near disputed South China Sea territory
Defying China isle buildup, Carter says U.S. flights, sea operations in Pacific will go on
U.S. hopes Chinese island-building will spur Asian response
Turkey and the Islamic State: Clash of interests feeds suspicions
NATO Breaks Treaty to Establish Permanent Forces in Baltic
NATO is set to break a 1997 treaty it signed with Russia by establishing permanent forces in Latvia, as it piles in more troops to the Baltic States.
Superpower in Distress (or Delusionary Thinking in Washington)
Rouhani clashes with Iranian clergy over women arrested for 'bad hijab'
African migrants risk all in Sahara to reach Europe

## Global unrest/mob rule/angry people/torches and pitchforks ##
Saudi Arabia's Imprisoned Princesses Call For Revolution
Douglas Carswell shoved and taunted by anti-austerity protesters
Douglas Carswell, Ukip's only MP, says he is 'frightened and shaken' after being confronted by dozens of protesters as he waited for a bus near Parliament
Amidst New Protests, DOJ Seeks to Rein in Deadly Cleveland Police
Japan demonstrators gather outside Diet

## Energy/resources ##
Report: Long-Term Focus Needed to Solve Oil, Gas Talent Crisis
The cyclical nature of the oil and gas industry is nothing new to seasoned industry professionals. However, with the most recent dramatic drop in crude oil prices which spurred CAPEX cuts and project postponements across the globe, industry experts see now as an opportune time to address long-term needs for talent.
Oil deficit coming? World may be consuming more than it pumps by year end, analysts warn
Macedonia Caught In East-West Pipeline Tug-Of-War
We May Not See Arctic Oil For Decades
The Tanker Market Is Sending a Big Warning to Oil Bulls
Oh, boy: Data will replace oil as source of energy: Alibaba's Jack Ma
Oil storage is so expensive it could derail the oil recovery
Power crunch from South Africa to Nigeria curbs growth outlook
Africa's crippling shortage of electricity is among the biggest threats to the economy's outlook, delegates and leaders at a key banking conference in Ivory Coast said. From Nigeria to Ghana, and South Africa to Zambia, inadequate power supply and the lack of infrastructure to deliver electricity is crimping economic growth, frustrating businesses and depriving millions of families of basic facilities.

## Got food? ##
The 20 countries where more than 1 in 4 people go hungry
Bird flu egg-splained: The impact goes far beyond your breakfast table
McDonald's Pins Its Turnaround Hopes On Toasted Buns

## Environment/health ##
Tiny parasite could be behind massive worldwide decline of bees
Department of Defense mistakenly ships live anthrax to labs across country
For months after recovery, Ebola is essentially an STD
Canada Wildfires Rage On, Intensify Near Oil Sands Sites
Death toll from heatwave in south India hits 1,150
First suspected case of MERS reported in S China

## Intelligence/security/internet/cyberwar ##
Why The Media Ignores Jeremy Hammond While Praising Edward Snowden
AP sources: IRS believes identity thieves from Russia
Wide-ranging snooper's charter to extend powers of security services (UK)
Obama ordered CIA to train ISIS jihadists: Declassified documents
The Internet's Growth Is Actually Slowing Down

## Propaganda ##
Far from facing the truth, the US is telling new lies about Iraq
Yemen TV v Yemen TV: Saudi Arabia steps up propaganda war with copycat media
A Reckless 'Stand-upper' on MH-17
Australia's "60 Minutes" claimed to do an investigative report proving the anti-aircraft battery that shot down Malaysia Airlines Flight 17 last July fled into Russia and pinning the atrocity on Russian President Putin. But the news show did a meaningless "stand-upper," not an investigation.
Al Qaeda Syria Boss Says That His "So-Called Khorasan Group Doesn't Exist"
Legendary Journalist in Private: "It Is All Fraudulent, All of It, Everywhere"

## Systemic breakdown/collapse/unsustainability ##
America's descent into a world of madness: The nihilistic philosophy guiding us into the future
The Era of Response (The Archdruid Report)

## Japan ##
Japan nuclear regulator clears first reactors after safety checks
Road to ruin: Diet enacts bill to create Olympics minister
54 SDF troops who took part in Indian Ocean, Iraq operations killed themselves: ministry
4 aging N-reactors decommissioned

## China ##
China Wants to Internationalize Its Currency, So It's Easing Capital Restrictions
China May official factory PMI seen lackluster despite stimulus moves
China markets plunge in record turnover as margin traders take fright
China building lighthouses on two islands in disputed Spratlys

## UK ##
BBC defends reality show involving poor, dubbed 'Hunger Games'
Britain's Hardest Grafter will pit 25 of Britain's lowest-paid workers against each other for cash prize in series it claims is a 'serious social experiment'
Anti-austerity protest: Ukip MP Douglas Carswell mobbed by demonstrators in London
'It was like a lynch mob, I have never seen such hatred'
Alan Bennett, the playwright, says the modern-day poor are looked on as badly as they were under the Tudors
The poorest part of London is wealthier than the richest parts of Northern Ireland and Wales
MoD asked make £1bn of cuts which put Nato spending target at risk, claims source

## US ##
Texas economic outlook darkens
In Shocking Move, Goldman Slashes America's Long-Run "Potential GDP" From 2.25% To 1.75%
Storms kill 17 in Texas, Oklahoma; Houston flooded
Many Americans have no retirement savings: Fed survey
Growing trend: Companies banning salary negotiation
David Petraeus – How This Leaker of Classified Information is Peddling KKR Funds as Opposed to Serving Jail Time
How Healthcare Is Dooming the U.S. Economy (Three Charts)
As it stands now, U.S. healthcare will bankrupt the nation and doom it to permanent stagnation and recession.
Emergency Powers Give Barack Obama Authority Over Just About Everything During A Major National Crisis
Bush earned millions in juggling act as corporate adviser
Floyd Dent, Man Beaten by Michigan Cops on Camera, Settles for $1.4 Million
"Bond Girl" on Chicago and the Quality of Credit Analysis in the Municipal Bond Market
Financial Vulnerability Still Haunts U.S. Households—–47% Couldn't Come Up With $400 For An Emergency
States Turn To Pension Ponzi Scheme To Close Funding Gaps
Shopping with $1 million in Culver City: gentrifying out the baby boomers and those unable to keep up with the Joneses.

## The Clintons ##
What We Know About WJC, LLC, Bill Clinton's Consulting Company
Arizona State Hikes Tuition Dramatically, Yet Pays the Clintons $500,000 to Make an Appearance
How the Clinton Foundation Paid Sidney Blumenthal $10K per Month as He Gave Horrible Libya Advice to the State Dept.
Accent on accents: Will The Real Hillary Clinton Please Stand Up?

Tuesday, May 26, 2015


News Links, May 27, 2015

## Global Ponzi meltdown/House of Cards ##
Global Trade Dives Most since the Financial Crisis
World Economy Stalling Out——No Central Bank Life Boats Left
Even Goldman Gets It—–The World Is Drowning In Debt
Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?
Australia Dumbs Down as Government Bets on Baristas Over Brains
Merkel dashes Ukraine's hopes of joining the EU
South Africa's economy grows below forecasts as jobless rate ticks up
War on Cash: Martin Armstrong Reports on a Secret Meeting in London to Ban Cash
4 sinister threats that loom for the cashless society
The Market Society: Capitalism is killing America's morals, our future
Asia To Be The Center of The Second Gilded Age For Billionaires

## Airline Death Spiral ##
Airlines Slide Into Bear Market on 21% Drop From 2015 Peak
The U.S. airline industry slipped into a bear market as investors worry that carriers are losing power to raise fares even as oil prices rise.
Air Canada's new carry-on crackdown doomed to fail, critics claim
Anxiety high at Malaysia Airlines this week as 20,000 staff await termination letters
The single worst practice of the airlines
Air France flight taken to JFK airport by military after threat
State fund appoints administrator for Malaysia Airlines restructuring
Plane safe? Hacker case points to deeper cyber issues
Singapore Airlines Presents New Seats for Premium Economy Class
Airline Miles Are Now So Hard to Use That People Are Paying Consultants for Help
US major airlines continue their push to shed 50-seat jets as upgauging sweeps the industry
Professor warns against pilot strikes

## Fault lines/flashpoints/powder kegs/military/war drums ##
David Cameron and Vladimir Putin agree to work together to stop Islamic State
Iran Blames US for Ramadi Loss: US Has No Will to Fight ISIS
Dozens Killed As Taliban Lay Siege To Afghan Police Compound
Chinese State Paper Warns "War Will Be Inevitable" Unless U.S. Stops Meddling In Territorial Dispute
Blocking a Nuclear-Free Mideast
With a large undeclared arsenal of nukes and the missiles to deliver them, Israel ranks as the world's top rogue nuclear state, even as it threatens to bomb Iran over the theoretical possibility of building a single nuclear weapon, hypocrisy backed up by the U.S.
Japan to join U.S., Australia war games amid growing China tensions
Taiwan's President To Propose Peace Plan For South China Sea
Russia Plans To Build Own Warships After Conceding That Mistral Deal Is Dead
Russian ditches slow arms smuggling from Ukraine
Budget cut hits Brazilian military
Japan, Malaysia agree to beef up defense cooperation
Southeast Asia accelerates its maritime buildup amid tensions with China
Aquino: Philippines To Fly Over Disputed South China Sea
Indonesia's military re-enters civilian affairs after president crosses swords with police
USAF Certifies SpaceX for Military Launches

## Global unrest/mob rule/angry people/torches and pitchforks ##
'This is Straight Murder': Protests Sweep City Following Cleveland Acquittal
China Says Over 180 Gangs Smashed In Anti-Terror Crackdown In Xinjiang
Chinese authorities say they have broken up 181 violent terrorist groups in the northwestern region of Xinjiang in the past year -- and that they are making progress in winning public support for their crackdown on terrorism and religious extremism in the region, which has been hit by ethnic tension in recent years.
French police break up riot in migrant camp in Calais

## Energy/resources ##
Malawi forests shrink as power deficit fuels charcoal business
Impoverished villagers are hacking down Malawi's forests to make charcoal, undeterred by government efforts to confiscate the dirty fuel as a power deficit stokes demand.
Nigeria's Buhari must start his presidency facing crippling fuel scarcity and power cuts
Nigerian cellphone provider needs fuel to prevent shutdown
Blackout: National grid down as 18 power plants shutdown
Nigeria paying $800 million to oil suppliers to end crisis
Long and sporadic power cuts returned on Sunday to haunt the national capital reeling under a heat wave, prompting the AAP government to call an emergency meeting of the three electricity distribution companies (discoms) and mull an advisory asking Delhiites to switch off appliances like air conditioners during peak hours.
How Wind Farms Might Be Deafening Our Harbour Seals
Wind farms may be a vital source of green energy, but new research shows that the construction of off-shore wind farms could potentially be damaging the hearing of harbour seals and other marine life.

## Got food? ##
The Case for Nationalizing Monsanto
Ridding the world of Monsanto via a state buy-out would be a boon to humanity.
Mozambique agriculture plan could displace 100,000 farmers - activists
Mozambique is mulling a plan to lease 240,000 hectares of prime farmland to investors to grow crops for export, threatening to displace more than 100,000 local residents, activists and academics said, citing a leaked document.

## Environment/health ##
A new global action plan endorsed by the World Health Assembly in Geneva Monday urges all governments to have national strategies in place by May 2017 to combat antimicrobial resistance, a global phenomenon that facilitates the rise of deadly superbugs. Most countries do not have nationwide plans to address climbing rates of antibiotic resistance.
Scorching Indian heat wave leaves 800 dead, melts roads in capital
Women Are Losing The Ability To Give Birth To Babies 'Naturally' And To Breastfeed: Study
Women are increasingly losing their ability to breastfeed and give birth naturally, according to a latest study. Reuters
A French obstetrician says women are losing their ability to breastfeed and give birth "normally." Dr. Michel Odent also says the number of birthing mothers who, during labor, are injected with a drug or are operated on is rising.

## Propaganda ##
More Video Fakery on MH-17
Australia's "60 Minutes" program refuses to admit the obvious: that it messed up in determining the location where the "getaway" video was taken after last July's Malaysia Airlines Flight 17 shoot-down. Instead, the show presented an update with more deceptive video.

## Systemic breakdown/collapse/unsustainability ##
The naive belief that history is linear, that moral progress accompanies technical progress, is a form of collective self-delusion. It cripples our capacity for radical action and lulls us into a false sense of security. Those who cling to the myth of human progress, who believe that the world inevitably moves toward a higher material and moral state, are held captive by power.
Surplus Repression and the Self-Defeating Deep State
The nation is wallowing self-piteously in a fetid trough of denial and adolescent rage/magical thinking now that the nation's bogus, debt-based "prosperity" has crashed and cannot be restored.
Just imagine the amount of demolition waste this will generate! -- RF

## The Clintons ##

Sunday, May 24, 2015


News Links, May 25, 2015

## Global Ponzi meltdown/House of Cards ##
JPMorgan: Something Has Gone Wrong With the Global Consumer
In India, Gold Is Not Only Money But Now Pays Interest
Downturn in South America Mauls Spanish Companies, Threatens Spain's "Recovery"
Petrobras Scandal Could Undermine Brazil's Economy
Greece can't make €1.6B IMF payment, refuses to budge on rescue aid terms
G7 Finance Ministers To Address Faltering Global Growth
Revealing The Identity Of The Mystery "Belgian" Buyer Of US Treasuries
TTIP Controversy: US Officials, Industry Lobbyists Pressured EU Not To Regulate Harmful Chemicals, Threatened Trade Deal
U.S. trade officials pressured the European Union (EU) not to regulate hormone-damaging chemicals that have been linked to health issues such as cancer, fertility and diabetes during talks over the Transatlantic Trade and Investment Partnership (TTIP), according to documents obtained by Pesticides Action Network Europe.
New Silk Road Could Change Global Economics Forever
Strangled By War and Siege, Gaza's Economy 'On Verge of Collapse': World Bank
Chinese 'Virus' Spreads To Germany: Meet The Company That Went From Record High To Zero In 1 Week
Free-spending governments learning they cannot hide behind an oil barrel

## Airline Death Spiral ##
Asian airlines 'close to break-even in 2014′, says AAPA
"Asia Pacific airlines in aggregate operated at close to break-even in 2014, compared to a net profit of US$2.2 billion reported for the year 2013,"  according to preliminary financial performance figures released by the Association of Asia Pacific Airlines (AAPA).
Nigerian airlines cancel flights amid fuel crisis
Fights, Smashed Computers, and Food Thrown in Riot at Shenzhen Airport Over Delayed Flights

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran enters Iraqi fight for key oil refinery, US says
Iran has entered the fight to retake a major Iraqi oil refinery from Islamic State militants, contributing small numbers of troops - including some operating artillery and other heavy weapons - in support of advancing Iraqi ground forces, U.S. defense officials said Friday.
Saudi Arabia Seeks 10 Sea Hawk Helicopters
Islamic State raises flag over citadel in Syria's Palmyra: supporters
Iraq regains ground from Islamic State; mass deaths reported in Palmyra
Syria regime likely to accept de facto partition of country
Death in the orchards: the crumbling of the Syrian regime
Obama Winks at Terrorist Gains
President Obama is playing a reckless game as he winks at Saudi and other Sunni oil-state support for al-Qaeda affiliates in Syria, with the very real possibility that the secular government will collapse and the terrorist black flag will be hoisted over Damascus.
Libyan Government Warplanes Attack Oil Tanker Docked At Sirte
Saudi forces and Yemen's Houthis trade heavy fire, border crossing hit
Saudi clerics urge calm as village hit by Islamic State seethes
Saudi Arabia's top Sunni cleric on Saturday branded a deadly attack on Shi'ite Muslims a bid to sow chaos, after villagers targeted in the bombing vented their anger at what they saw as the Sunni-dominated government's indifference to their safety.
Dispute over Mideast nuclear arms ban torpedoes U.N. conference
Israel Nuclear Weapons: Netanyahu Thanks US For Backing At The UN Against Middle East Nuclear Drive
Iran Accepts UN Inspection of Military Sites Amid Nuclear Talks
Israel Seeks International Law Rewrite
Israel and its supporters are leading a charge to rewrite how international law defines crimes against humanity to create more leeway for military attacks that kill large numbers of civilians, a bitterly ironic development.
Israel Defense Exports Plunge to Seven-Year Low
Slain Salvador archbishop beatified in sign of Catholic Church's new direction
Unable to halt Europe-bound migrants, Tripoli demands help
Washington's Shameful Obeisance To The Odious Oligarchs Of Saudi Arabia
Japan mulls energy, infrastructure aid to Cuba

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters block all lanes on Cleveland's Shoreway
Cleveland protests erupt after officer found not guilty
'We Will Win': McDonald's Worker Protests Stretch Into Second Day
Protests in Olympia end after clash with police
Hawaii groups plant coconut trees, protest against Monsanto
Demonstrators planted coconut trees and waved signs in rallies across the Hawaiian Islands as part of an international day of protests against agriculture business Monsanto.
'March Against Monsanto': Protest against GMO giant to roll in 38 countries this weekend
The strikes sweeping Germany are here to stay
As pay gaps widen and conditions deteriorate, German public sector and service workers are turning to once-unthinkable industrial action
Thousands surround Diet to protest U.S. base relocation plan (Japan)

## Energy/resources ##
Millions of Barrels of Oil Are About to Vanish
Millions of barrels of untapped oil that U.S. shale drillers discovered during the boom years are about to disappear from their inventories.
Norway overtakes Russia as western Europe's top gas supplier
Clock Running Out For Struggling Oil Companies
Nuclear Power Isn't Really Zero-emission, But Neither Is Anything Else
Nigeria Fuel Shortage: Arik Air, MTN And Airtel Among Big Businesses Crippled By Lack Of Fuel
Nigerian cellphone provider needs fuel to prevent shut-down
Nigeria's leading cellphone provider said Sunday it urgently needs diesel to prevent shutting down services countrywide - the latest business hit by a months-long fuel crisis in Africa's biggest oil producer.
Heat and Drought Pose Threat to U.S. Power Supplies
$100 Billion Cut from Global Energy Projects
The collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions until prices rise again. But it's not just U.S. producers that have felt the pressure. As expensive as it is to produce tight oil from the shale plays of North Dakota and Texas, it's even more expensive to produce crude from Canada's oil sands and the frigid waters of the Arctic Circle.

## Got food? ##
China makes fake rice from plastic: report
Bird flu in U.S. might drive up egg prices by the billions, analysts say
Arguments against GMOs
Egg Prices in New York Surge

## Environment/health ##
Transocean Settles For $211 Million In Deepwater Horizon Spill
After Decades, Fake Tire Reefs 'Killing and Smothering' Real Coral
Bird Flu Spreading as Scientists Look Everywhere for Clues
Flash Floods In Texas And Oklahoma: Cities Will Hit Wettest Months On Record
Heat wave in India kills at least 335 people
Unprecedented Mass Die Offs as Pacific Ocean "Turning Into a Desert" Off California Coast

## Intelligence/security/internet/cyberwar ##
Apple and Google Just Attended a Confidential Spy Summit in a Remote English Mansion
At an 18th-century mansion in England's countryside last week, current and former spy chiefs from seven countries faced off with representatives from tech giants Apple and Google to discuss government surveillance in the aftermath of Edward Snowden's leaks.
FBI Confirms No Major Terrorism Cases Cracked via Unconstitutional Patriot Act Phone Spying
Adult FriendFinder Hacked – Accusations Emerge that Federal Employees Used it from Government Emails
NSA winds down once-secret phone-records collection program
TPP Could Criminalize Journalism and Whistleblowing
Putin signs law allowing closure of 'undesirable' foreign organisations
US Department of Justice releases drone guidelines; protects privacy
Secret Pentagon Report Reveals US "Created" ISIS As A "Tool" To Overthrow Syria's President Assad
Researchers Predicted In 1971 that Debit Cards Would Become the Ultimate Spy Tool

## Propaganda ##
The MH-17 Propaganda War
When called to account for an apparent inaccuracy in a broadcast pinning the MH-17 shoot-down on Russian President Putin, Australia's "60 Minutes" responded with insults and dissembling. But that behavior has been typical of the propaganda wars around the Ukraine crisis.

## Systemic breakdown/collapse/unsustainability ##
Our Crazy-Making Economy's Endgame: Festering Frustration Seeking an Outlet
The future of humankind after the great crash: extinction or the human hive?
Mexico gunfight kills 43 as government hits gang hard
Shots fired at members of Mexican gubernatorial candidate's campaign team
With 10K rooms, world's largest hotel coming to Saudi Arabia
The hotel is expected to stand 2,000 feet tall and feature 10,000 rooms, 70 restaurants, 12 separate towers, four helicopter pads, a bus station, shopping center and a convention center.
Grexit "Disaster" Looms As Greek Hospitals Run Out Of Sheets, Painkillers
Derailing Amtrak: Tracking the Latest Disaster in the Infrastructure Crisis
Is the slowdown in productivity growth a result of energy costs?

## Japan ##
Working to death in Japan: Health warning over 'no overtime' law
Japan's push to take away overtime from high-paid workers has critics warning it will aggravate a problem synonymous with the country's notoriously long working hours—"karoshi," or death from overwork.
Mazda, Mitsubishi add 630,000 more cars to Takata airbag recall
Rally against base relocation held in Tokyo
Local governments curbing drones
Govt to lead work to select nuclear waste disposal sites
Defenses bolstered across Nansei Islands
Spinning playground equipment vanishing from parks
Children are losing the opportunity to develop their sense of rotation as moving playground equipment is phasing out while municipal governments are wary of the risk of injury and the costs of maintenance.
Electronics chain Yamada Denki to close 46 stores as tax hike erodes profits
Risk of hydrogen explosion from leaking containers at Fukushima plant

## China ##
The Shenzhen Bourse ——Home Of The 500% Stock Rally
Hanergy chairman Li Hejun added to his short position days before its US$19B market value wipeout
China Establishes World's Largest Physical Gold Fund

## UK ##
CCTV cameras secretly being switched off by cash-strapped councils
CCTV cameras in towns and cities across the country are being switched off by councils who cannot afford to keep them running, making it "increasingly difficult" for police to investigate serious crimes, the Government's surveillance camera watchdog has warned.
First it was street lights, and now it's cameras. What will they turn off next? -- RF
Secret Bank of England taskforce investigates financial fallout of Brexit
News of undercover project emerges after Bank staff accidentally email details to the Guardian including PR notes on how to deny its existence
Cadbury's Roses chocolate boxes have shrunk for the fourth time in as many years
Five internet trolls a day convicted in UK as figures show ten-fold increase

## US ##
Yellen Yap: Point by Point Rebuttal
CPI Shows Sharply Rising Medical Costs; Huge Obamacare Hikes Planned
The U.S. Is About to Change the Way It Calculates GDP
Junk-Rated Chicago Has A Billion Dollar Pension Problem
Schwab Warns on Munis, those "Affected by Pensions" Are Toxic
New Jersey May Not Be Able to Find Money for Pension Payment This Year, State Officials Say
It Is Mathematically Impossible To Pay Off All Of Our Debt
Oregon governor expands drought emergency zone, says water shortages imminent
California farmers agree to drastically cut water use
Vandals damage California dam, release 50 million gallons of water
Why many experts missed this: Cheap oil can hurt US economy
Police Probe Letter Sent to Long Island Home Asking Black Family to Leave "84 Percent White" Town
Murray Abbott, Missing Morgan Stanley Trader, Dies at 36
More phones, more wrecks? Distracted driving on the rise
7 countries where cash-strapped Americans should consider studying
America's trailer parks: the residents may be poor but the owners are getting rich
Armored vehicles in small-town America trigger debate
10 Most Expensive Wars In U.S. History

## The Clintons ##
Hillary Clinton's Speech Requirements: Private Jets, Presidential Suites And Lots Of Cash
'Pls print': Hillary Clinton's email order raises eyebrows

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