Thursday, August 27, 2015


News Links, August 28, 2015

## Global Ponzi meltdown/House of Cards ##
Unidentified Investors Lend Belgium €50 Million, for 100 Years, With Flexible Conditions, at 2.5% Interest
"Hot Money" Flees Latin America, Triggers Currency Bloodbath, Risk of Mega Debt Crisis
How The World's Biggest Oil Exporters Are Suffering From $40-A-Barrel Crude Oil
Saudi Arabia hangs on with cheap oil—but for how long?
Saudi Arabia 'could cut billions' from budget amid plunging oil prices – report
China Meltdown Leaves Global Carmakers Burned
Breaking BRICs: China's $5 Trillion Stock Crash Exceeds Combined Market Cap Of Brazil, Russia, India And South Africa
Who Will Be the Bagholders This Time Around?
Anyone betting China's GDP is really expanding at 7% and the U.S. economy will grow by 3.7% next quarter is angling to be a bagholder.
War on Cash: The Financial Times Calls for Ending Cash, Calls it a "Barbarous Relic"
Caterpillar Inc plans to cut 475 more jobs amid revenue decline
Russia Refuses To Participate In Ukraine Debt Restructuring
More Dubai real estate agents to close, merge, brokers warn
Bubbles Don't Correct, They BURST!
More than half of students chasing dying careers, report warns (Australia)
Auto-Sharing: Bad News for Carmakers?
August Car Sales Expected to Fall, Toyota in Trouble
New Vehicle Sales Collapse in Canada's Oil Patch

## Airline death spiral ##
Asiana to remove nearly all its first-class seats
Asiana Airlines Inc., South Korea's No. 2 flag carrier, said Wednesday it plans to eliminate almost all its first-class seats from its international flights as part of an effort to cut losses.
Chinese Whispers – Are The Legacy Carriers In Trouble Again?
Airline pilots describe their near-disasters on Reddit, and their passengers had no idea
Airbus to delay delivery of first A380 to Russia's Transaero
Out-of-Control Takeoff Try by Allegiant Jet Spurs FAA Probe
Republic's Future in Doubt After Pilots Nix Vote on Contract
Europe faces up to flight safety threat posed by drones
Airline braces for millions in loss
AirAsia sees higher losses in India in second quarter
Big Brother Idiocy – TSA Spent $160 Million on Naked Body Scanners that Fail 96% of the Time

## Fault lines/flashpoints/powder kegs/military/war drums ##
Distraught Colombians flee Venezuela as border dispute intensifies
New Russian Sukhoi PAK Missile For Fifth Generation Stealth Fighters To Exceed Mach 3.5
Russia will equip its fifth generation Sukhoi T-50 stealth fighter with missiles that can travel at Mach 3.5 speeds, roughly around 2,302 miles per hour. The newly designed X-58USHK missile, which will be fitted to the T-50 when it enters service in 2016, is one of the fastest combat weapons ever produced and is being viewed as a future top selling defense item owing to its speed, characteristics and small size.
Spokesman: US, Philippines Hold Talks On Boosting Military Capacity
NATO Paratroopers Mount Exercise In Germany
U.S. plans more Asia-Pacific drills to counter China reclamation
As Western Sanctions Cripple Russia, Egypt's Sisi Considers Using Ruble For Tourism
Ukraine Military Conscription Goal Of 25,000 Soldiers Not Met, More Waves Of Army Draft Expected
Report: Pakistan's nuclear arsenal could become the world's third-biggest
No sanctions? -- RF

## Migrants/refugees ##
Merkel, heckled on visit to refugees, says no to xenophobia
Hungarian police fire tear gas at migrants near border with Serbia
Hungary braces for thousands more refugees as record numbers cross the border with Serbia
Bodies of 50 migrants found in hull of boat rescued off Libyan coast
Discovery of up to 50 bodies in truck highlights European migrant crisis
Desperate migrants find holes in Hungary's razor-wire fence strategy
Most seeking asylum in Europe are refugees, not mere migrants
Europe Migrant Death Toll Update: Breaking Down the Numbers Of The European Border Crisis

## Global unrest/mob rule/angry people/torches and pitchforks ##
China, Worried About Unrest, Censors News on Monday's Stock Market Crash
China Slowdown: Workers Strike, Protest, Leave Chinese Cities Because Of Economic Crisis
Tibetan Self-Immolations Just One Sign of Tensions
Youth Revolts Are Back: Lebanon, Iraq Shaken by Demand for Services, End to Corruption
India just turned off mobile internet for 63 million citizens amid protests in Ahmedabad
Students launch hunger strike to protest security bills (Japan)

## Energy/resources ##
Wind EROI range and payback time (also solar, NG, geothermal, hydro, coal)
Iran's Oil Investments Shrink to `Almost Nothing' on Crude Slump
U.S. natural gas production waning
Federal report finds only one of seven shale basins expected to post gains.
The Real Long Term Threat To The Oil & Gas Industry
As oil prices continue their downward slide, most investors and firms are understandably eyeing prices, revenues, and exploration costs nervously. All that makes sense, as there is a good chance some oil firms will face liquidity crunches and restructuring over the next year. In the longer term though, there is another specter that could be equally damaging to O&G firms – a shortage of skilled labor.
Oil Industry Needs to Find Half a Trillion Dollars to Survive
At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it.
Schlumberger buying Cameron International in $12.71B deal
Thirsty Middle East faces worsening water stress - researchers
Conflict Over Water In Central Asia
Africa must harvest rains to feed growing population - experts
Latin America water security depends on curbing use by agriculture - experts
Ukraine's stockpiling of winter gas slower than last year -PM
Hamburg nuclear plant on road to demolition
Oilfield Giant Schlumberger Buying Houston-based Cameron for $14.8B
Rossi's E-cat: the slow death of a meme
Pummeled Chinese oil giants pressured to curtail investments
Oil price: industry braced for 'wave' of North Sea asset sales
Ecuador's president says country now producing oil at a loss
Russia announces second floating nuclear plant as new problems plague its first
Global Energy Deals Now Surpass Dawn of Oil 'Supermajors' Era

## Got food? ##
Haiti drought cuts harvests, lifts prices, food crisis looms-WFP
Monsanto Decides to Drop Syngenta Buyout Deal
Bimbo Bakeries recalls bread sold in 11 states for glass
Your ground beef contains… what?!

## Environment/health ##
Sewage spill caused by rain flows into Honolulu's Waikiki Beach
Wars improve air quality in the Middle East (video)
A combination of armed conflict, political upheaval and economic restrictions has unexpectedly decreased air pollution in the Middle East since 2010.
How cities can beat the heat
Rising temperatures are threatening urban areas, but efforts to cool them may not work as planned.

## Intelligence/security/internet/cyberwar ##
Malaysia To Introduce RFID Tracking For Every Vehicle
What If The "Crash" Is as Rigged as Everything Else?
Take your pick--here's three good reasons to engineer a "crash" that benefits the few at the expense of the many.
As Obama's War in Iraq and Syria Rumbles On, Are Intel Books Getting Cooked?
Reports from inside the intelligence community indicate that what military assessments find and what the public is being told may be two very different things

## Systemic breakdown/collapse/unsustainability ##
Waste of money. It'll never be finished. -- RF
You might think rustling is something consigned to old episodes of Bonanza on daytime satellite TV, but around 80,000 head of sheep get pinched every year in the UK from our hard-pressed farmers.

## The Candidates ##
Sanders's Screwy Mideast Strategy
Out of fear of offending the power centers of Official Washington, Democrats won't or can't formulate a coherent foreign policy. Even Sen. Bernie Sanders says the solution to Mideast chaos is more Saudi intervention when Saudi intervention in support of Sunni extremists is the heart of the problem.

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