Tuesday, September 22, 2015


News Links, September 23, 2015

*Posting light today due to rice harvest. -- RF

## Global Ponzi meltdown/House of Cards ##
NZ dairy bust shows far-reaching ripples from China changes
Russians Buy Gold Bars – 1 Million Ounces In August Alone
War on cash: How to end boom and bust: make cash illegal
Money Cannot Manufacture Resources
What On Earth Is Going On With Caterpillar Sales?
Canaries Roosting On The Backhoes——JCB Construction Equipment Sales Plunge In Russia, China And Brazil
UK construction machinery firm JCB has said it will cut 400 jobsaround the world, mostly due to a massive slowdown in business in Russia, China, and Brazil.
Groupon to slash 1,100 jobs, pull out of 7 countries
Uruguay Does Unthinkable, Rejects Global Corporatocracy
Why Malaysia Is In Trouble——It Borrowed Heavily In The Fed's Easy Dollars
Developing Asia to grow at slowest pace since 2001

## Airline death spiral ##
Europe's airlines spruce up their jet fuel hedges
Most Airline Stocks Continue to Tumble in August
Capacity Utilization Decreases for Most US Airlines
How airlines get passengers to happily accept extra fees
Airports blame airlines for aviation-funding standstill
TSA Agent Caught Stealing From Passenger's Wallet at NYC Airport Checkpoint

## Fault lines/flashpoints/powder kegs/military/war drums ##
Not a Joke – Saudi Arabia Chosen to Head UN Human Rights Panel
Saudi Arabia Prepares to Execute Teenager via "Crucifixion" for Political Dissent
Militants shoot and kill Egyptian police commander in Sinai Peninsula
The killing comes two days after the Egyptian military began flooding tunnels in the area used to smuggle materials and people to and from the Gaza Strip.
Rep. Duncan Hunter Says Sell Jordan US Drone Or It Buys Chinese Clone
Israel and Russia agree military coordination on Syria
Russian Role Could Help in Syria
Russia starts Syria drone surveillance missions: U.S. officials
Marine Corps moving 15 percent of its force to the Pacific
President Poroshenko calls for Ukraine to join NATO

## Migrants/refugees ##
Detention conditions 'similar, if not worse' than migrants' home countries, report says (US)
Hungarian government in newspaper warning to migrants
The Hungarian government placed a full-page advertisement in a leading Lebanese newspaper on Monday, warning migrants that they will be jailed if they enter the country illegally.
Hungarian Army Given Sweeping Powers Against Migrants
The Latest: Greece: Boat carrying 70 runs aground off Rhodes
Special Report: Commercial ships scoop up desperate human cargo
EU holds more migration talks as calls for answers grow
EU Ministers Ram Through Quota Plan Over 4 Objections; Fairy Tale Material; Mish Does "The Math"

## Global unrest/mob rule/angry people/torches and pitchforks ##
Israel struggles to counter Palestinian rock-throwing threat
Rock throwing is becoming commonplace in Jerusalem amid a wave of Palestinian unrest.

## Energy/resources ##
North Dakota rig count continues decline
Oil Companies Running Out Of Options
The financial pressure on indebted oil and gas companies continues to mount, putting them in a bind as they try to mend their deteriorating balance sheets.
Texas Has Seen Peak Oil Production For Now, Gas Production Still Increasing
Zinc Recovery Hopes Dashed As Glencore Dumps Its Inventories
Australia's Mega LNG Projects are in Serious Trouble
The Surprisingly Big Market for Sand Just Collapsed

## Got food? ##
Oriental fruit fly outbreak could cost Florida $1.6B: Report
With New Ban on Cultivation, Northern Ireland Joins EU's Anti-GMO Ranks

## Environment/health ##
Fracking Chemicals Can Cause Endocrine Disruption and Illness, Says Study
Melting Permafrost Could Cost World Economy $43 Trillion by 2100: Study
Warning: TTIP Aims To Defang Local Rules Against Hazardous Chemicals
People emit a 'germ cloud' of bacteria as unique as a fingerprint, study finds

## Intelligence/security/internet/cyberwar ##
The New Kardashian and Jenner Websites Exposed the Data of Nearly 900,000 Users
Apple cleaning up iOS App Store after first major attack
Skype App Down For Users Around The World
Cyberattack 101: Why Hackers Are Going After Universities
South Korea-backed app puts children at risk
Security researchers say they found critical weaknesses in a South Korean government-mandated child surveillance app - vulnerabilities that left the private lives of the country's youngest citizens open to hackers.
The Real Aggression In Ukraine—–The Kiev Dictatorship's Assault On Its Own People And The Press
U.S. and China compete for hacking personnel

## Propaganda ##
Brands Like Coca-Cola And Nestea Are Putting Their 'Audio Logos' In Your Favorite Pop Songs
Down the Memory Hole: NYT Erases CIA's Efforts to Overthrow Syria's Government

## Japan ##
Chart Of The Day: Japan—–A Retirement Colony Going BK

## China ##
PBOC Devalues Yuan, Injects More Liquidity As China's Banking Regulator Admits "Bad Loan Situation Is More Severe Than 2008"

## UK ##
Nearly half of children 'addicted to smartphones and tablets'
Hinkley Point new nuclear plant edges closer with £2 billion Government guarantee unveiled by George Osborne
China could develop and own nuclear plant in Britain -UK finance minister
British Army 'could stage mutiny under Corbyn', says senior serving general
Five Things You Should Know About David Cameron's New Environment Policy Advisor

## US ##
Why Has Labor's Share of GDP Declined for 40 Years?
This long-term erosion of earned income and household finances does not enable "growth" that is based on rising spending and borrowing.
In New York City, Workers with Full Time Jobs Are Living in Homeless Shelters
Chart Of The Day: Millennials Are Still In The Boomers' Basements
More Hispanics, Millennials And Seniors To Face 'Severely' Unaffordable Rents: Study
The Rent Crisis Is About to Get a Lot Worse
Existing Home Sales Down 4.8%, Decline More Than Expected; "Still Healthy and Trending Higher" Says Bloomberg - Let's Investigate
Yahoo Finance Drops in From Mars to Explain Big Money Hasn't Bought U.S. Politics
The New Shackle of Serfdom: Clinging to Healthcare Insurance
Existing Homes Sales Record Biggest August Drop–EVER But Prices Keep Inflating
Colorado feeling oil price squeeze
Empty Floor at Goldman Puts Change on Display
Richmond Fed Region Unexpectedly Bad; New Orders, Backlogs, Workweek Plunge

## The Candidates ##
Reports: Wisconsin Gov. Scott Walker dropping out of presidential race
Trump, Carson, Rand Paul and Other GOP Candidates Defy the Constitution with Anti-Muslim Bigotry

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