Sunday, August 02, 2015


News Links, August 3, 2015

## Global Ponzi meltdown/House of Cards ##
Italy Youth Unemployment Hits Record High 44.2%, Concerns Rising "Recession Exit May Be Unsustainable"
Greece May Seek Up To $24B Euros In First New Aid Tranche: Paper
Canada's economy shrinks for fifth month in row
Liar Loans Pop up in Canada's Magnificent Housing Bubble
11 Red Flag Events That Just Happened As We Enter The Pivotal Month Of August 2015
Extended slump in oil taking toll on industry, economy
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.
Puerto Rico will fail to make Aug.1 payment, signaling default
Global Trade Is Faltering——-Welcome to the Economic ICU
Debt - the elephant in the room that the world can't deal with
Perth Mint and U.S. Mint Cannot Meet Demand as Gold Bullion Demand Surges
Zimbabwe: Economy Melts Down As Mugabe Succession Battle Rages Unabated
Trans-Pacific Partnership: TPP Trade Talks Fall Short Of Deal
Tumbling oil prices slam profit at Exxon Mobil, Chevron
Saudi central bank curbs credit card cash withdrawals
Saudi Arabia's central bank has tightened restrictions on cash withdrawals from banks using credit cards in an effort to head off any consumer debt problems.
Beijing Wins Olympics No One Wanted; Now It's Time To Pick One Site For Future Games
The Olympic Games machine is slowly grinding to a halt. -- RF

## Airline death spiral ##
TSA's Behavior Detection Program Has a Newsletter, and It's Ridiculous
Uganda: More Airlines May Exit - Player
Delta airline has close call with drone over JFK
Africa's fourth largest airline is in danger of collapsing
5 ways to keep the airlines from losing your luggage
The rate of mishandled bags rose from 6.96 per 1,000 passengers in 2013 to 7.3 per 1,000 in 2014... That means more than 24 million bags were delayed, damaged, pilfered, lost or stolen under the airline industry's watch last year.
Delta Air Lines is changing its loyalty program
More fees propel airlines' profits, and embitter travelers
Airlines' big spending on new aircrafts raises concerns about public debt
Bag tested positive for explosives at Minnesota Airport
Long-haul air passengers at risk from cosmic rays, government fears
British Airways crack down on hand luggage
The airline claims that cabin bags were getting so big that flights were regularly delayed

## Fault lines/flashpoints/powder kegs/military/war drums ##
Mideast Alliances Shift Again
US Intel Agencies: ISIS No Weaker After Year of US Bombings
Space industry needs more time to develop, general says
The U.S. will likely not have a competitive space launch industry by the industry-set goal of 2019, according to  Lt. Gen. Samuel Greaves, commander of the Air Force Space and Missile Systems Center.
Nigerian ground and air forces repel Boko Haram attack in Borno state
Burundi: Security Chief Assassinated In Rocket And Gun Attack
Iranian Foreign Minister: Time for US, Other Nuclear Powers to Disarm
Calais migrant crisis: French riot police use chemical spray on migrants trying to enter Channel Tunnel
UAE to try 41 on charges of seeking 'caliphate'
Russia planning major development project on disputed islands
Five killed in clashes near oil port in eastern Libya -medics

## Migrants ##
Malaysia Says it Will Turn Away Rohingya, Bangladeshi Migrants Unless Their Boats are Sinking
Migrants 'attacked' at sea between Greece and Turkey
Migrants trying to sail from Turkey to Greece are increasingly reporting being attacked by gunmen trying to prevent them from reaching Europe, according to multiple sources.
Hungary copes with wave of migrants
Calais migrant crisis: PM offers extra fencing and dogs
Italy coast guard rescues 1,800 sea migrants, five found dead
Czech president tells migrants: 'No-one invited you'
Czech President Milos Zeman lashed out at illegal immigrants on Sunday after dozens tried to flee a detention centre, prompting police to use tear gas against the demonstrators.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Striking French ferry workers block Calais port route with huge fire
Protesters Forcibly Removed by Police As Arctic Drilling Ship Escapes Blockade
Progression of the Police State Spanish Style: €300 Euro Fine for Calling Police Officer "Mate"; Law of Simmering Social Pots

## Energy/resources ##
Exxon, Chevron Bracing for Dark Times Ahead as Oil Slump Lingers
Bad Second Quarter Has Oil Majors Restructuring
A Reality Check For U.S. Natural Gas Ambitions
Nuclear Industry Future Far From Clear
Bulgaria hikes power prices for industry despite protests
U.S. nuclear operators try to save plants with carbon emission rule
Ukraine faces mounting coal shortage problems — Energy Ministry
Three Years Ago This Coal Mine Was Worth $624 Million. Now It Sold for $1
Flow of Cheap Hydroelectricity Slows in Parched West
Israeli scientists explore algae as biofuel producer
On the scale of industrial civilization, it'll never amount to anything. -- RF
Butterfly-inspired technique could make photovoltaic solar energy cheaper

## Infrastructure scavenging ##
Metal thieves targeting Hampshire homes
Royal Mail sees red over spate of post box thefts
Canton police report rash of catalytic converter thefts

## Got food? ##
Some Midwest farmers' crops falter in record rains
The World's Largest Vertical Farm Will Produce 2 Million Pounds Of Produce
Just my advice, but anything which depends on electricity and machines has no future. -- RF
Whole Foods, Expensive Cheese, and the Dilemma of Cheap Prison Labor
Beef prices could rise further with cruel Alberta drought

## Environment/health ##
El Niño vs. the Blob: Here's Why California's Drought Probably Won't End Anytime Soon
Hold the phone, Central! Cellphone radiation can cause cancer: study
Polar bears skating on thin (Arctic) ice: Study
Heat index soars in Iran as 'heat dome' settles over Middle East
Vaccine success holds hope for end to deadly scourge of Ebola
Antibiotics on animal farms spread deadly pathogens, experts warn
The consistent use of antibiotics in animal farms in Germany are spreading antibiotic-resistant germs and causing experts to call for stricter measures against drugs.
New York Needs Coyotes
Cecil Is One of Hundreds of Lions Killed Recently in Zimbabwe
Rocky Fire in California Swells to 47,000 Acres Overnight
Battered By Drought, Forests Lose Ability to Fend Off Climate Change
The World's Population Is Set To Surpass 11 Billion People [Infographic]
Ain't gonna happen. -- RF

## Intelligence/security/internet/cyberwar ##
Germany halts treason inquiry into journalists after protests
Kafka-like Persecution of Julian Assange
In an era when powerful institutions demonize decent people – and the mainstream media joins in, piling on the abuse – legal proceedings have become another Kafka-esque weapon of coercion. Few cases are more troubling than the persecution of WikiLeaks founder Julian Assange.
The "Internet of Things" Gets Hacked To Smithereens
Nothing is secure, not even drug infusion pumps in hospitals.

## Systemic breakdown/collapse/unsustainability ##
The Cost of Stagnation: We're Living in Limbo
This is not sustainable! -- RF
A window on the old and rotting infrastructure of two major cities, Tokyo and Osaka. -- RF
New law to require stress checks for workers
The government plans to introduce stress checks for its workers, as the number of staff on leave due to mental illness remains high, according to sources.
Credit card debt surges in top 25 US metro areas according to Equifax data.
Donald Trump's companies have sought visas to import at least 1,100 workers
Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners.

And finally...

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