Wednesday, May 13, 2015


News Links, May 14, 2015

## Global Ponzi meltdown/House of Cards ##
Banks not buying what the US government is selling
Russia Invites Greece To Join BRICS Bank As Greek Financial Crisis Deepens: Report
The Bailout Farce—–Greece Borrows IMF Funds To Pay IMF Now; Will Need New IMF Loan To Repay Next Month
Newbuilding ordering activity slows down to multi year lows
Shipyards around the world are bound to start offering more aggressive discounts, if they are looking to book more of their empty berths from 2017 onwards, as newbuilding activity has slowed down considerably.
We Just Received a Host of Economic Data From Around the World — And it failed to impress
China outlook even worse than imagined: Analyst
China's Baby Steps Toward Economic Disaster
Ruble-yuan settlements booming, set to reshape global finance
We predict grim times for Norway
In September, The UN Launches A Major Sustainable Development Agenda For The Entire Planet
It won't amount to a hill of beans, and you know why. -- RF
China Downturn Hits US Automakers
Dubai builder Arabtec swings to net loss in Q1
HSBC WARNS: The world economy faces a 'titanic problem'
Where Greeks Are Stashing Their Cash——-German Cars, Not Mattresses
How this debt-addicted world could go the way of the Mayans

## Airline Death Spiral ##
Striking French air-traffic controllers could slash £25m from budget airline easyJet's profit and caused shares to tumble nearly 10 per cent
Flying gets costlier as airlines hike rates
SpiceJet renews focus on ancillary revenue
Cheap Oil Just Might End the Airline Profit Orgy
How many Germans does it take to plan an airport? Apparently, more than exist
Judicial Watch Obtains Documents Proving Systemic Sexual Abuse by TSA Workers at Airports Nationwide

## Fault lines/flashpoints/powder kegs/military/war drums ##
In Yemen, children — possibly thousands of them — join fight
No breakthrough as Kerry meets Russia's Putin
Assad's Loss Could Be ISIS's Gain, US Officials Warn
US considers military patrols of Beijing's artificial islands in South China Sea
China looks to join US, France with military base in Djibouti
Georgia Closer To Gaining NATO Membership, According To Alliance Chief Jens Stoltenberg
Iran General: 'Restraint Not Limitless' as Tensions Grow over Yemen War
Iran says it will not submit to Saudi or US threats over a cargo ship it says is carrying humanitarian aid
Netanyahu's new government will be one of Israel's most hawkish
Israeli General Praises Hamas, Calls It Vital For Stability In Gaza
Vatican recognizes state of Palestine in new treaty
Russian poll cites U.S. as a threat
The number of Russians who regard the United States as a threat has increased 12 percent in eight years.
Regional governments silent after U.N. calls for Asia boatpeople rescue
Saudi Arabia's Yemen Propaganda Masks Deep Fissures Among Its So-Called Allies
90 Killed in Saudi Airstrike on Yemeni Capital

## Global unrest/mob rule/angry people/torches and pitchforks ##
Police fire towards protesters during clashes in Burundi's capital
Some Wisconsin protesters arrested amid demand for role in probes

## Energy/resources ##
Canada's Encana posts 98 pct drop in operating profit
Encana Corp, Canada's largest natural gas producer, reported an 98 percent drop in quarterly operating profit, hurt mainly by a steep drop in oil and natural gas prices.
Oil Rigs Down Almost Universally
Drilling Approved in Gulf Near Site of Deepwater Horizon Disaster
Ghana power blackouts add to nation's economic woes
Water Wars Officially Begin In California
China owns greatest foreign oil assets in Africa
Iraqi Refinery May be Destroyed in Battle to Save it
If more people go solar, what will happen to the grid?

## Got food? ##
Impact of El Nino on key crops in Asia
Why Is Oklahoma Now The Earthquake Capital Of The U.S?
With mounting evidence that the fracking industry is causing a dramatic rise in seismic activity in Oklahoma, a growing chorus is calling for a moratorium on the use of disposal wells.
More Than 40 Percent of Bee Hives Died in Past Year: Study
More than two out of five American honeybee colonies died in the past year, and surprisingly the worst die-off was in the summer, according to a federal survey. Since April 2014, beekeepers lost 42.1 percent of their colonies, the second highest loss rate in nine years, according to an annual survey conducted by a bee partnership that includes the U.S. Department of Agriculture.

## Intelligence/security/internet/cyberwar ##
Why NSA surveillance is worse than you've ever imagined
Punishing Another Whistleblower
Just weeks after ex-CIA Director David Petraeus got a no-jail-time wrist-slap for divulging secrets to his biographer/lover, ex-CIA officer Jeffrey Sterling got 42 months in prison for allegedly alerting a U.S. journalist to a dubious covert op, a double standard of justice.
Many of the NSA's Loudest Defenders Have Financial Ties to NSA Contractors

Oh, boy! Yet another government agency that will require a budget and resources. The creation of more agencies of course hastens any country down the road to collapse. -- RF

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