Sunday, September 13, 2015


News Links, September 11, 2015

## Global Ponzi meltdown/House of Cards ##
Europe's Banks – Insolvent Zombies
Global Economy Nearing a "Structural Recession"
The Endless Emergency—–Why It's Always ZIRP Time In The Casino
The UN's "Sustainable Development Agenda" is Basically a Giant Corporatist Fraud
China Just Killed the World's Biggest Stock-Index Futures Market
This Table Shows What's Happening With Chinese Trading Partners All Around the World
It's Not Just China: Singapore Manipulates Data Too
Brazil Credit Rating Cut To 'Junk' By S&P, For The First Time In 7 Years
Gold Bullion Allowed As Collateral in China
Greek economy back in intensive care
Lockheed Martin to lay off 500 in information systems, government services unit: source
Puerto Rico Debt Crisis: Here's The Plan The US Commonwealth Says Is Necessary To Avoid Insolvency By Summer 2016
Yet another measure of risk in junk-bond market flashing red
Moody's Investors Service said its Covenant Quality Index deteriorated to its worst level on record in August from July, blowing past the previous record low set in November 2014.
As Europe's One Percent Flourishes, Millions Sink into Poverty
Dollar Based Loans Jump 600% in Saudi Arabia as Companies Raise Cash; What's the Risk?
Is This The Start Of India's Gold Confiscation?

## Airline death spiral ##
New Passenger Bill of Rights would set minimum airplane seat size
Boeing Says Asia Needs More Pilots
New United Airlines CEO faces long list of challenges

## Fault lines/flashpoints/powder kegs/military/war drums ##
Will Subdrones Cause World War III?
Smart, well-armed and built to operate on their own, underwater drones are becoming a dangerous wildcard.
US Deputy Defense Secretary Robert Work let a European audience in on the thinking behind the US response to the rise of powerful potential adversaries armed with increasingly sophisticated weapons using conventional and nonconventional strategic approaches. "The third offset strategy will be based on increased human-machine collaboration and combat-teaming," Work declared.
The comments appeared to contradict more moderate president Hassan Rouhani, who said on Tuesday the Islamic Republic was ready to hold talks with the United States on ways to resolve Syria's civil war.
Denmark became the latest flashpoint in Europe's ongoing refugee crisis this week as police deported refugees and closed borders and officials passed additional legislation to slash benefits for asylum-seekers. The response was part of a larger series of policy changes that aim to aggressively deter immigration as Europe struggles to cope with its largest influx of refugees since World War II.
America's Refugee Crisis: On Its Way

## Global unrest/mob rule/angry people/torches and pitchforks ##
China intends to oust dollar from oil trade
China is planning to launch its own oil benchmark in October, similar to Brent and WTI, striving for a more important role in establishing crude prices. Unlike the Western benchmarks, the Chinese contracts will be nominated in the yuan, not the US dollar.
Coal output on a high but demand dries up (India)
Just three years after India's power sector faced a fuel crisis, the domestic coal availability at thermal power plants has reached an all-time high. However, this is unlikely to translate into equivalent power availability, given that the country's power distribution companies are suffering heavy losses.
U.K. North Sea Oil Industry Warns Investment May Fall 80% to '17
Capital investment across the industry of 14.8 billion pounds ($22.8 billion) last year will probably decline by 2 billion to 4 billion pounds annually to 2017, Oil & Gas U.K., an industry lobby group, said in its annual economic report Wednesday.
Ain't gonna happen. -- RF

## Got food? ##

Fertilize the ocean, cool the planet?
MIT researchers find unintended consequences of an idea to stimulate ocean phytoplankton growth in order to geoengineer a cooler atmosphere.

## Intelligence/security/internet/cyberwar ##
The Subatomic Race to Harness Quantum Science

## Systemic breakdown/collapse/unsustainability ##
The Financial-Industrial Revolution's Origin and Destiny
You'd expect to find this in the health section. But look what's happening here. As with calorie counts, somebody has to do the work to comply with the new regulation, and somebody else has to enforce it. The regulatory apparatuses of national and local governments have attained mind-numbing levels of complexity, in turn requiring the regulators and the regulated to expend still more energy in compliance and enforcement. -- RF

## UK ##
UK experiences three earthquakes a year due to human activity, study says
Airbus, UK MoD Deny Deal To Purchase Zephyr UAV
Less than 24 hours after an Airbus Defence and Space executive briefed reporters here that the company had a deal with the British Ministry of Defence to supply three solar-powered surveillance UAVs capable of flying at the edge of space, both sides were denying any such agreement existed.

And finally...
Bumbling Thieves Post Pictures of Themselves With Stolen Money, Lead Police Right to Their Hotel Room

<< Home

This page is powered by Blogger. Isn't yours?