Sunday, June 28, 2015


News Links, June 29, 2015

## Global Ponzi meltdown/House of Cards ##
Greece Bank Run Empties Over A Third Of ATMs Of Cash
Eurozone Rejects Greek Bailout Extension: All Bailout Programs Expire On June 30, Referendum Moot
Greek Youth Unemployment Rate Above 50%
Macedonia Tells Banks To Pull Money From Greece
Greek Financial Crisis: Greece Orders Banks Shuttered Monday
ECB Considers Constricting Emergency Funding Of Greek Banks
Wave of contagion expected after dramatic weekend raises 'Grexit' chances
The Global Credit Market Is Now A Lit Powderkeg —And markets are totally unprepared
Its 1929 In China—-Here's The Chapter And Verse
China makes 4th recent cut in interest rate to boost economy
Russia Will Hold Key Positions In China-Led Asian Infrastructure Investment Bank
Tunisia Attack Could Be 'Nail in the Coffin' for Tourism
As a merger wave swells, companies dare the government to stop them
Why Banks Rob Depositors: "Because That's Where the Money Is"
War on cash: India, Where Cash Is King, Poised For Mobile-Payments Revolution As Internet Giants Alibaba, Amazon Move In
Why We're Headed Toward A "Cashless Society"
Do Not Ignore Europe… That Same Crisis is Coming to the US
Reem Mall: Another shopping paradise coming to Abu Dhabi – in pictures
Spread across 2 million sq ft, Reem Mall will feature approximately 450 stores, including 85 restaurants and a range of family-focused entertainment offerings.
Dubai's Damac launches new Paramount hotel, residences

## Airline Death Spiral ##
Paris Bomb Threat Forces Evacuation At Charles De Gaulle Airport After Terror Attack
Plane from New York to Kuwait diverts to UK after declaring state of emergency
Airport expansion: It's build, build, build in much of the world
Boston-Bound Flight Turns Around For Passenger Who Wouldn't Stop Smoking

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russia Developing Electronic System Capable Of Disabling Cruise Missile, Enemy Military Satellites
Huge Disconnect Between NATO Bellicosity And Declining Defense Spending Throughout Europe
Despite the heated rhetoric coming from Stoltenberg and his spin factory, NATO HQ is having a difficult time getting its member states interested at all in the Russian threat. NATO member countries — particularly those most geographically vulnerable to the claimed Russian aggression — are not only not ramping up military spending, but in some cases are actually cutting their budgets.
European tour operators evacuate thousands from Tunisia after attack
Turkey Considering Sending Troops Into Syria To Fight Syrian Kurds, ISIS: Report
The NATO Buildup On Russia's Border——Groundless Pretext For Cold War Revival
Russia to ban Coca-Cola and Pepsi
EUNAVFOR: Switching from pirates to migrants?
Top German Politician Blasts Nuland & Carter: "F##k US Imperialism"

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands March In Honduras To Demand Resignation Of President
Thousands of angry, torch-bearing Hondurans marched on Friday to call for the resignation of President Juan Hernandez and demand an independent probe into one of the worst corruption scandals in the country's history.
Armenian president tries to end days of protests
Armenia's president tried to ease days of tension by suspending an increase in public electricity bills, pending a review of the decision, but failed to end a protest by thousands of people.
Anti-water charges protests in Limerick
Confederate Flag Rallies: Thousands Gather To Support Flag In Several Southern States Over The Weekend
Istanbul Pride 2015: Turkish Riot Police Fire Water Cannon, Rubber Bullets At Pride Parade

## Energy/resources ##
Nigerian president dissolves state oil company board
Many Underground Aquifers In Trouble, New Research Shows
Indebted Shale Oil Companies See Rough Ride Ahead
Germany's oldest remaining nuclear plant shuts down
The Latest: Greek refiner denies rumors of fuel shortages
Stage 2 load shedding hits South Africa today
Emergency plan for total power blackout launched (South Africa)

## Infrastructure scavenging ##
Stone thieves are dismantling Yorkshire's heritage, warn police (UK)
'We're getting calls left and right,' police say of cemetery theft spree
Telekom offers RM1,000 reward to nab cable thieves (Malaysia)
Verizon Offering up to $10,000 for Information Leading to Copper Thieves (US)

## Got food? ##
14 Brands Of Bottled Water Voluntarily Recalled Due To Potential E. Coli Contamination

## Environment/health ##
South Korea reports 32nd MERS death
If you want to be ecologically correct, it would make sense just to let your lawn grow into weeds and bushes, enabling insects, birds, and small animals to thrive. City people would hate it, but the ecosystem would love it. At any rate, the love affair with lawns is unsustainable. -- RF

Container lid bolts for low-level nuclear waste might be failing
The bolts used to secure covers on metal containers for transporting low-level radioactive waste by sea might be failing, Nuclear Fuel Transport Co. disclosed over the weekend.
Retired bureaucrats fill 20% of outside director posts at major companies
Nearly 20 percent of outside directors at major Japanese companies are retired officials who once held high positions at  government ministries and other institutions.

## China ##
China Cuts Interest Rates Again To Support Economy
Chinese city of Shanghai stymies protest over chemical plant
Police in China's financial hub Shanghai took away at least three busloads of environmental protesters outside the city government Saturday, preventing the latest rally that started with a rumor that a petrochemical plant could move into the area.
Calais migrants: Britain to build huge fence at Channel Tunnel port in France
James Brokenshire, the Immigration Minister, tells the Telegraph he is holding urgent talks with hauliers to improve security on foreign lorries and sending two miles of security fencing to tackle the migrant crisis
UK 'not on track to end child poverty by 2020' as figures remain unchanged
Number of homeless families housed in B&Bs rises 300% in five years
Official figures show nearly 50,000 families in England are living in temporary accommodation, laying bare the impact of government cuts
11,000 street lights switched off across Worcestershire - saving taxpayers £2,900 a WEEK

## US ##
These 3 Countries Worry Corporate America the Most
Hint: Greece not among them. -- RF

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