Tuesday, July 21, 2015


News Links, July 22, 2015

## Global Ponzi meltdown/House of Cards ##
Greece Borrows EUR 7.2 Billion——Clears IMF Arrears, Almost broke, Again.
Greece: Death spiral ahead
4 Things That Are Happening Today That Indicate That A Deflationary Financial Collapse Is Imminent
Container equipment leasing rates hit record lows
War on Cash: Germany Replacing Bank Cards and Eliminating Cash Withdrawals
College courses to tackle Thailand's skilled-worker shortage
German economy likely grew by around 0.3 percent in second-quarter: finance ministry
The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe
We Need a Crash to Sort the Wheat from the Chaff
Giant robot fighting: Next billion-dollar sport?
Gold touches 5yr low, as China suspected of heavy selling
Gold Hammered Down In Sunday Night's 2-Minute, $2.7 Billion "Unprecedented Attack"
What Happened The Last Time The Mainstream Media Unleashed The Anti-Gold Artillery
Global Deflation Alert—-Commodities Crash could turn Australia Into The New Greece
Tata Steel may look at further asset reduction in Europe: Cyrus Mistry
IBM Revenue Collapse Is Now Worse Than During Peak Of The Financial Crisis
With twice the debt of California, Ontario is now the world's most indebted sub-sovereign borrower
Will the Bank of Canada have to start looking at QE soon?
'We ain't seen nothing yet': Chinese foreign investment in Australian property tipped to surge
Dotcom Redux: Meet Jet.com With Negligible Revenues, Big Losses, Amazon as Chief Competitor And A $3 Billion Valuation
Tech Rally Unravelling With Apple Poised for $50 Billion Slump

## Cut, baby, cut! ##
Qualcomm preparing to lay off several thousand employees - tech website
Barclays Said to Consider Cutting Quarter of Jobs in Cost Push
UK banks have axed 186,111 jobs since the 2008 crisis
Heads roll as low iron-ore price cuts swathe through Kumba

## Airline death spiral ##
It's not your imagination: airfare prices are rising
Keeping air rage at bay during the summer squeeze
Chuck Schumer wants feds to investigate airlines for withholding flight info from travel sites, preventing cheaper prices
Wanted: Pilots to Fly Looming $5.6 Trillion Jet-Order Surge
O'Hare tops among big airports — in noise complaints
Lufthansa plane nearly collides with drone near Warsaw
Why airlines keep pushing biofuels: They have no choice

## Fault lines/flashpoints/powder kegs/military/war drums ##
Ashton Carter: Iran Deal Won't Preclude US Military Action if Needed
Europe backs Iran nuclear deal in signal to U.S. Congress
Germany, Iran pledge to revive economic ties after long freeze
Iranian Government Dismisses Germany's Call To Improve Ties With Israel
Moldova Begins Military Exercises With US, EU Troops Amid Russia Fears
US, Cuba restore full diplomatic ties after 5 decades
EU urged to help refugees stranded in Greece
Thousands of Refugees Flee Northward from Greece
New Probe Exposes Horrific Child Abuse by Israeli Forces
Palestinian children face chokeholds, stun grenades, and forced confessions at the hands of Israeli forces, Human Rights Watch report reveals
Cuban Embassy Reopening Pictures: Washington, D.C., Welcomes Cuba Diplomats After 54 Years
Russian Air Force gets additional fighters and bombers
Lockheed Martin prepares to buy Sikorsky Helicopter
The US Hand in the Syrian Mess
Neocons and the mainstream U.S. media place all the blame for the Syrian civil war on President Bashar al-Assad and Iran, but there is another side of the story in which Syria's olive branches to the U.S. and Israel were spurned and a reckless drive for "regime change" followed.
Seeking War to the End of the World
Despite the disastrous Iraq War, neocons still dominate Official Washington's inside-outside game, government policymakers coordinating with think-tank opinion leaders to keep world tensions high and money flowing to military projects, a process personified by Robert Kagan and Victoria Nuland.
North Korea's SLBM threat is real, says U.S. Pacific Fleet commander
North Korea says not interested in Iran-like nuclear talks with U.S.
U.S. Government Reinstates Arm Sales to Bahrain Despite Rampant Human Rights Abuses
Philippines hikes defense budget 25% amid China tensions

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters Clash With Police After Bombing in Turkey
Truckers At Ports Of Los Angeles, Long Beach Strike Again, Oppose Classification As Independent Contractors
New video shows eruption of riot at West Baltimore intersection
Angry French farmers protest low meat prices with manure, road blocks
Pope Francis ignites a revolt that will overthrow American capitalism

## Energy/resources ##
Shell expected to reduce capex for the year: FT
Royal Dutch Shell (RDSa.L), which is all set to acquire rival BG Group Plc (BG.L), may cut its capital expenditure for the year by several billion dollars from the previously announced $33 billion figure, the Financial Times reported on Sunday, citing sources.
Water rationing takes place in almost a third of Thailand
Shrinking Colorado River is a growing concern for Yuma farmers — and millions of water users
Can U.S. Nuclear Plants Operate For 80 Years?
Will Asia disrupt energy financing?
Coal Shares Drop on Yet Another Day of 'Negative Headlines'
$50 Oil And $235 Billion Of Debt——Why The Shale Patch Jobs boom Is At Risk
U.S. banks prepare for oil and gas company loans to worsen
U.S. banks are setting aside more money to cover bad loans to energy companies after oil prices plunged over the last year, raising the possibility that deteriorating loans could start to weigh on their earnings, some analysts said.
Halliburton secures $500 million to fund drilling in old wells
Around the World, Nuclear Can't Compete With Growing Renewables
One-sixth of Australian thermal coal mines 'uneconomic': Morgan Stanley
Bankruptcies Starting To Pile Up In Coal Industry
After decades of strong financial numbers and dominance in the electric power sector, coal producers are starting to fall apart faster than anyone could have anticipated. SNL Financial has produced some jaw dropping data on the quickly deteriorating coal industry, with a horrific performance in the second quarter.
Thousands Lose Power in New York City Area Amid Hot Weather Blast

## Got food? ##
Farmers struggle to rebuild flocks after bird flu
Fatal citrus disease HLB shows up in California

## Environment/health ##
Health Care Rationing: The Roar and the Silence
As Climate Warms Hawaiian Forest Birds Lose More Ground to Mosquitoes
A New Oil Spill Disaster Waiting To Happen In The Gulf
Superbugs Create New Investment Opportunities (Forbes)
Imagine there would be a pill priced at $10,000 that would essentially save your life in a matter of days and without it you would die a gruesome death within hours from something you were exposed to in your backyard. In the not too distance future, this may become a reality that we all face.
Natural disasters forced 20 million from their homes in 2014: report
Obamacare? Wall Street Suddenly Scrambles to Buy Doctors, "Leverage" Their Patients
Another Month, Another Global Heat Record Broken
Ebola threat not over yet, survivor Kent Brantly says

## Intelligence/security/internet/cyberwar ##
A Fascinating New Interview with Wikileaks' Julian Assange
Julian Assange on WikiLeaks' Comeback: 'We Are Drowning in Material'
US Govt suspected of shutting down new WiFi router for whistleblowers
New UAE Anti-Discrimination Law To Stifle Free Speech? Human Rights Organizations Fear The Worst
Video of the Day – General Wesley Clark Suggests Putting "Disloyal Americans" in Internment Camps
Former High Ranking U.S. Senator Wants to "Hang Edward Snowden on the Courthouse Square"
Adultery site Ashley Madison hacked, user data leaked
Hackers threaten to leak data of 37 million clients of cheating website
MH17 Update: New Video Shows Plane Wreckage Moments After It Crashed
Senators Introduce Bill to Protect Connected Cars from Hackers
Apple says App Store, other services resume after three hours
Facebook must hand over New York users' info to prosecutors, court rules
Newsflash: Car Network Security Is Still A Horrible, Very Dangerous Joke
NYPD Officials Apparently Deleting Incriminating Communications Related To Alleged Illegal Summons Quotas

## Propaganda ##
The Spirit of Judy Miller is Alive and Well at the NYT, and It Does Great Damage

## Systemic breakdown/collapse/unsustainability ##
Greece Is On The Verge Of A Health Catastrophe
The United States' Infrastructure Is Failing Dramatically, But No One Is Paying Attention
Flood damage to California bridges worse than suspected
More US children living in poverty now than during recession
Are Tech Giants' New Buildings Signs of the Top?

## Japan ##
Tokyo To Challenge China on Fiery Cross Reef
Japan Accused of Coercing Fukushima Refugees to Return to Unsafe Homes
In Japan, the elderly are committing more crimes than teenagers
Xenophobic wave of tips target 'illegal' Korean residents; immigration bureaus overwhelmed
Japan demands China halt oil exploration in part of East China Sea
White paper expresses concern about China

## China ##
Beijing You Have A Problem——China's Factory Sector Has Been Shedding Jobs For 20 Straight Months
The Case Of China's Missing Gold
China's Total Gold Holdings Much Higher – Owns Gold In SAFE and CIC
Chinese Stocks Hit 'Psychologically Important' 4K Mark Again, As Beijing Pledges To Continue Stabilizing The Market
China heralds boost for emerging nations with BRICS Bank opening
Shanghai rebar falls, worries over demand grow
Beijing's Stock Market Bailout Worked For Now, But This Crisis Is Far From Over
State Media: More Confessions from "Black Friday" Lawyers
China Molds a Supercity Around Beijing
China's Latest Ground Zero for Property Glut: Shenyang

## UK ##
Countering ISIS: David Cameron To Launch 5-Year Plan To Defeat Extremist Ideology
Supermarket price war takes toll on UK food suppliers
Increase in number of small and medium-sized food companies in 'significant' financial distress
Benefit cuts to hit huge number of children, government figures show
Police forces must reform to survive cuts, says new chief
Hinkley Point nuclear plant: 'very good prospect' of go-ahead this year, says Amber Rudd
Spending review: Osborne orders Whitehall to draw up plans for 40% cuts
Local authority spending cuts help government to borrow less in June

## US ##
Grocery store chain A&P files for bankruptcy
Survey shows growing U.S. shortage of skilled labor
Homebuilders take a 'beating' from lack of labor
Texans threaten to cover land with pigs' blood to block Muslim cemetery
Already hurting over economy, Puerto Rico now faces severe drought, water rationing
The San Francisco "Housing Crisis" Gets Ugly
Collapsed I-10 bridge was given A rating just last year
This Is What Crumbling Infrastructure Looks Like
Interest-only mortgages: They're baaack
Families face tough decisions as cost of elder care soars
Rising gas prices push annual inflation to highest level in 2015, raises odds of Fed rate hike
Millions Still Owe More Than Their Home Is Worth
What Recovery? Report Reveals Rising Poverty for Children in America
Summer Heat Wave: Millions Under Advisories as East and South Bake
School 'Heat Days'? Hawaii Teachers Propose Canceling Classes If Rooms Don't Have Air Conditioning
Florida gun-shop owner declares store 'Muslim-free zone'
Presenting America's $900 Billion Auto Loan Bubble In 6 Charts
SuperBull Club: RBC Ups Morgan Stanley, Says Bull Market to Continue 6 Years; Sobering Alternative View from GMO
The real economy: Cost of living

## The Clintons ##
Clinton rakes in Wall Street cash amid tough talk
Clinton stories the mainstream media mainly forgot to tell you

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