Thursday, August 13, 2015


News Links, August 14, 2015

## Global Ponzi meltdown/House of Cards ##
'Net Energy' Deficit Preventing Economic Growth
It's what I've been saying all along. Nevertheless, everyone from politicians to economists, academics, businesspeople, and environmentalists will insist that we can have our cake and eat it, too. -- RF
12 Signs That An Imminent Global Financial Crash Has Become Even More Likely
The Crash of 2015: Now Arriving at Gates 3,7,12,19…..
Carlos Slim, World's 2nd Richest Man, Mexico's Biggest Oligarch, Master of Slimlandia, Suddenly Loses Billions
Greek bank access to bailout cash to be restricted
29 Page Memo Proves Greek Parliament is Puppet Government Run by Germany; Devil Details and EU Guarantees
The Next Shoe's Falling Next Door——–Taiwan, Malaysia, South Korea Exports To China Imperiled
Kraft Heinz To Cut 2,500 Jobs As Part Of A Cost-Slashing Plan
Asia stock slump deepens after China devaluation move
Austerity bites Portugal as much as Greece. Why no populist movement?
The Coming Market Crash Will Wipe Out Global Silver Supply
Taiwan Hits Serious Economic Turbulence — Exports have fallen for six straight months
Dubai Marina property prices plunge by up to 18 per cent
Dubai's Amlak posts 87% plunge in Q2 net profit
Dubai private sector growth slows to March 2012 low
Cracks may begin to appear in Canadian bank earnings as oil downturn persists
Despite Big Moves By Alibaba, Maersk, US Remains Stock Buyback King
Union Pacific Cuts Hundreds of Jobs As Railroad Coal Shipments Plunge
Spain Gets Bitter Costly Foretaste of its Beloved Trade Pacts
Chart Of The Day: The Tesla 'Cash Burn' Inferno

## Airline death spiral ##
Another Airline Changes Its Frequent Flyer Miles Program
Frontier is latest airline to do away with toll-free customer service number
Traveler Complaints Against Airlines Are Up 20%
Airlines nickel and dime us for millions
Chinese Hackers May Have Burrowed Into Airlines
A Hilariously Accurate Depiction Of What Budget Airlines Are Really Like
Uzbekistan Airways to weigh passengers before boarding
Singapore Airlines accused of cover-up of in-flight violence
Chinese Airlines Among Least Punctual
Air rage outbreaks prompt China to crack down on misbehaving passengers
Jet Engines Have Not Been Tested Against Drone Strikes

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey, Iran help broker rare truce in Syria
Russia and China selling Iran arms to stick it to US: Sina Military
ISIS Truck Bomb Kills at Least 80 in Baghdad Market
U.S. F-16s launch airstrikes on ISIS from Turkey
Islamic State seen making push on Taliban in 2 Afghan provinces

## Migrants ##
Greece Crisis 2015: Migrants Fainting By The Hour Locked Inside Greek Stadium, Aid Workers Accuse Officials Of Human Rights Abuse
50 missing after Italy rescues migrants from seven boats in Mediterranean
Germany tries to deter Balkan migrants
Calais migrant crisis: Fences 'push migrants elsewhere'
Greek island bears brunt as people-smugglers take Turkish route

## Global unrest/mob rule/angry people/torches and pitchforks ##
S. Korean man sets himself on fire in anti-Japan rally
After Ferguson Unrest, St. Louis Police Bought Stink Weapons to Launch at Protesters
Riot-torn Ferguson, Missouri to remain in state of emergency: officials
Greece sends extra riot police to Kos as migrant tensions mount
Janelle Monáe Leads Black Lives Matter Rally In Times Square
Police and protesters outnumber sunbathers at 'Tel Aviv sur Seine'

## Energy/resources ##
Big Natural Gas Driller Bites Dust, 'Smart Money' Gets Crushed
Natural gas driller Samson Resources is planning to file for Chapter 11 bankruptcy by August 15, when a $110 million interest payment comes due on $2.25 billion of senior unsecured junk bonds.
Robert McNally U.S. Congressional Hearing testimony on energy
Hercules Offshore Files Bankruptcy With Plan to Convert Debt
Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the Gulf of Mexico, filed for bankruptcy with a plan to be taken over by senior creditors.
Europe oil consumption peaked 2005
What do you do with old nuclear power stations?
Nuclear power is a losing proposition
Japan's Nuclear Restart Could Spell Disaster For Commodities Markets
Humans have already used up 2015's supply of Earth's resources – analysis
Earth 'overshoot day' – the day each year when our demands on the planet outstrip its ability to regenerate – comes six days earlier than 2014, with world's population currently consuming the equivalent of 1.6 planets a year
But we need still more consumption? Go figure. -- RF
10 things you should know about wind power in the U.S.
Solyndra 2.0 Nears Bankruptcy As Bonds Collapse To Record Lows
South Korean Kogas' LNG imports fall 17% on year to 16.54 mil mt in H1 2015
Can Power Ships Solve Ghana's Energy Woes?
South Africa's Eskom Seeks Higher Power Fees to Get $3 Billion
Canadian Oil Benchmark Falls Off A Cliff
African utilities say end to power cuts a decade away
Watchdog: US-funded power plant in Afghanistan at risk of 'catastrophic failure'
What's the attraction of nuclear energy?

## Infrastructure scavenging ##
Warning over theft of fire safety equipment
'Rail theft' suspected to be behind massive train derailment in Russia
How post box thefts are robbing us of a quaint slice of our heritage
Third copper theft in ten days leaves some without service in Logan County, WV
Thieves steal copper wire from Lower Ninth Ward school
Cable theft 'unending'
Police appeal for help to tackle Yorkshire stone thieves

## Got food? ##
Why Were Corn Traders Just Crushed?
Hong Kong's taste for seafood putting oceans in danger
A seafood lunch in Hong Kong is enjoyed by locals and visitors alike, but with threatened species on the menu and fishing practices that endanger marine life, campaigners want to change the city's appetite.
Indonesia navy nabs cargo ship loaded with slave-caught fish
EU Agricultural Crisis: UK Dairy Farmers Release Cows In Supermarkets To Protest Pricing War, Fear The Industry's Collapse
Moscow's ban on milk, butter and cheese from Great Britain has taken a several-billion-pound toll on the U.K. dairy industry.
Egg prices breaking all-time highs on bird flu
Shortages push some Venezuelans to queue overnight for food

## Lifestyle solutions ##
Acquire Skills, Not Credentials

## Environment/health ##
Colorado governor declares state of emergency in gold mine wastewater spill
Legionnaires' Disease: GlaxoSmithKline's North Carolina Plant Closed After Bacteria Found In Cooling Tower
Glacier Fire rapidly expands to 11,400 acres
The Teflon Toxin
Surge in Use of Wind and Solar Technology Sends EU Emissions Tumbling
Swimmers sickened after Rio race worry about 2016 Olympics
Myanmar evacuates thousands as worst floods in decades hit
Pants 'for superheroes': Underwear that protects sperm count by blocking smartphone radiation
Meat-eaters may speed worldwide species extinction, study warns
Fears of Airborne Toxins Mount After Massive Port Explosions in China
Climate change is reshaping Alaska, wildfire experts fear
Chinese pollution is coming to America
Astronomers Take the Heat out of Sunspots Theory

## Intelligence/security/internet/cyberwar ##
Hackers Made $100 Million With Info From Stolen Press Releases: FBI
ISIS Group Claims to Have Hacked Information on U.S. Military Personnel
Turning Humans Into Algos – The Trend of Employees Wearing "Biosensing Wearable Devices" at Work
Neocon Godfather Francis Fukuyama Warns of "Too Much Transparency" in Government
The Many Things Wrong With the Anti-Encryption Op-Ed in the New York Times
Released Hillary Clinton Emails Reveal…She Was Reading a Book on How to Delete Emails

## Propaganda ##
Escalating the Anti-Iran Propaganda
The Israel Lobby canceled summer vacations for its operatives in a desperate bid to stop the Iran nuclear deal, and U.S. neoconservatives are committing all their "experts" to the fight to keep alive their hopes for war with Iran, such as alleged weapons specialist David Albright.

## Systemic breakdown/collapse/unsustainability ##
Our Government, Destroyer of Jobs
Conventional economists and pundits are puzzled why jobs growth has been so anemic in this "recovery." Here's one factor they overlook: our government. In theory, our government is supposed to encourage private sector job growth. In reality, all the hundreds of pages of regulations are killing job growth, one small business and one job at a time.
The War Against Change

## Japan ##
Golden arches lack luster as McDonald's Japan reports ¥26.2 billion loss in year to June
Japanese firms assess damage amid aftermath of deadly blasts in Tianjin
Russia picks Etorofu for border-focused youth forum that will include visit by Medvedev
Drunk on the Train Platform? These Cameras Can Tell

## China ##
Freaked-Out People's Bank of China Devalues Yuan Again, All Heck Breaks Loose
Yuan rate trimmed for 3rd day / China devalues currency 1.11%
China intervenes to support yuan: Report
Lenovo faces Motorola hangover, cuts 3,200 jobs as sales slide, profit tumbles
Death toll rises to 50 in massive blasts at Chinese port
Tianjin Looks Like a Post-Apocalyptic Wasteland in Astonishing Drone Footage
Russia to provide Irbis-E radar to China for Su-35 fighters
In Cities and Villages, Children Are Getting Left Behind

## UK ##
Visits to the beach plummet as more than half of Britons shun the coastline
Only 42 percent of people have been to the beach in the last year, National Trust says amid concerns day-trips to the seaside are too expensive
Britain broadening training for Ukrainian soldiers
Ruthless UK employers trap migrants in 'modern-day slavery'
Britain changes rules to fast-track shale gas permits
New Poll Results Show – 37% of British Workers Think Their Jobs are Meaningless
Number of people evicted from rented homes has soared since housing benefit cuts began
Death rate for preschool children in UK almost double that of Sweden

## US ##
American Apparel Says May Not Have Enough Funds for Next 12 Months
CNBC's Alfred E. Neuman Luncheon Club—–Beyond Clueless
Congress' Test of Allegiance: US or Israel?
Israeli Prime Minister Netanyahu has instructed the U.S. Congress to reject an international agreement constraining Iran's nuclear program and to humiliate the sitting U.S. president, thus testing where the primary allegiance of most members of Congress lies, with the U.S. or Israel.
Mind The Transports: Freight Rail Traffic Tumbles on Falling Coal, Oil Demand
The US Economy Is In A Liquidation Mode—Thanks, Fed
GOP's Foreign Policy Goes From Bad To Ugly As Marco Rubio Pushes Intervention For Fun And Profit
Here's One Sign of Trouble in the Subprime Auto Lending Market
Los Angeles County is least affordable place to buy a home in the entire United States
U.S. Coast Guard sees added burden in Shell's Arctic quest
Unauthorized Drone Reports Soaring Into the Clouds, FAA Says
The Oligarch Recovery – Renting in America is Most Expensive Ever
Wall Street Sees Junk Bond Collapse, Prepares to Profit from it
About That 'Escape Velocity'……….Atlanta Fed Marks Q3 GDP Down To 0.7%
3rd Quarter GDPNow Estimate a Weak 0.7% Despite Retail Sales Jump
Borrowers Fall Further Behind on $1.3 Trillion in Student Loans
NYPD's Plan for Getting Rid of Homeless People: Shame Them
Jeb Bush, Hosted By Defense Contractor-Backed Group, Calls Iraq War "A Pretty Good Deal"
America is working itself to death: How "9 to 5″ became "24/7″
Total Household Debt Now Has US Auto Loans Over $1 Trillion

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