Sunday, November 22, 2015


News Links, November 23, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Trade Just Snapped: Container Freight Rates Plummet 70% In 3 Weeks
Is This How the Next Global Financial Meltdown Will Unfold?
In effect, a currency crisis is simply the abrupt revaluation of the currency to reflect new realities.
Capital Destruction Rages Beneath S&P 500 Tranquility
Brazil's Ticking Debt Bomb—-Petrobras Owes $24 Billion In Next 24 Months
Global Deflation Intensifies——Brazil's Economy Is In Freefall
Global Deflation Watch—–Swiss Watch Exports Plunging
Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern
VW cuts 2016 capex plan by €1 billion as cheating scandal widens
The Mad Euro Project Just Got A Lot Madder: Feeding a Monstrous Pile of Debt
Fed may need permanently big balance sheet, Williams says
The U.S. Federal Reserve and other global central banks may need to consider new tools in a world of permanently lower interest rates, including keeping big balance sheets or using negative interest rates to combat shocks, a top Fed official said on Saturday.
Can Anything Stop Companies From Loading Up on Debt? UBS Says No.
S&P cuts Oman credit rating as budget deficit widens
The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse
Current Copper Price Below Cost of Production

## Cut, baby, cut! ##
Global Oil Job Cuts Top Quarter-Million as Rigs at Five-Year Low
Tyson Foods to close two plants, cut 880 jobs
Copperbelt Braces for Job Losses (Zambia)
Finland's Outotec to axe jobs as miners cut spending
Steel giant ArcelorMittal to cut 450 jobs in Liberia
SocGen Will Cut 2,000 Jobs by 2020 as Part of Branch Closures
Osborne's UK cuts package squeezes a further £4bn (UK)

## War on cash/cashless society ##
Mobile Payment: Going Cashless in China (WSJ video)
Although presented as a Glorious Technological future, this is a totalitarian's wet dream. -- RF
Leave Bitcoin Alone. Abolish Cash Instead. (Bloomberg)
Half of Brits think only cash is secure
Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in

## Airline death spiral ##
Jet Blue flight at LAX halted for "unauthorized person"
Spirit Airlines Flight Forced to Make Emergency Landing After Possible Bomb Threat
Philly Passengers Pulled off Flight for Speaking Arabic
Southwest Airlines Is Allowing Its Racist Passengers To Kick Muslim Passengers off Their Flights
Chris Christie Reportedly Threatened Onboard Plane, Passengers Searched: Report
Passengers were reportedly kept aboard the plane for around 45 minutes, and then passengers were removed, five at a time, to be individually searched -- some even cotton-swabbed, a family member of a WFXT employee told the news station.
Air France plane from Paris halted at Manchester Airport over 'suspicious item' on board
Egypt-bound flight makes emergency landing over bomb scare
Turkish Airlines flight diverts after bomb threat
Police investigate flights diverted for suspicious passengers, bomb threats
Singapore Airlines flight from San Francisco lands safely amid bomb threat

## Fault lines/flashpoints/powder kegs/military/war drums ##
Massive Blackout In Crimea After Transmission Towers 'Blown Up' By Unknown Parties
A state of emergency has been declared in Crimea after pylons carrying electricity from Ukraine were "blown up," cutting off power to 2 million people, media and the Russian government said Sunday.
Mali Hotel Attack, Hostage Crisis: 'Al Qaeda Of West Africa,' Al-Mourabitoun, Claims Responsibility
Russian President Vladimir Putin Seeks Global Anti-Terrorism Fight After 19 Killed In Mali Attack
Arsenal Discovered as Belgium Capital Enters Lockdown
The Saudi Connection to Terror
While Official Washington devotes much sound and fury to demands for a wider war in Syria and the need to turn away Syrian refugees, Democrats and Republicans dodge the tougher question: how to confront Saudi Arabia about its covert funding for Islamic State and Al Qaeda terrorists.
So Who's Really Sponsoring ISIS? Turkey, Saudi Arabia, and Other U.S. "Allies"
81% of US-Charged ISIS Suspects Are American Citizens
Schools And Subways Will Be Closed On Monday In Belgium Amid Terror Alert
Russia Says U.S. Policies Helped Islamic State, Interfax Reports
Economic union, sea row and terrorism top SE Asia summit
Europe talks war, but may not boost military spending
Raytheon moves forward with Multi-Object Kill Vehicle program
NATO is harbouring the Islamic State: Why France's brave new war on ISIS is a sick joke, and an insult to the victims of the Paris attacks
Britain scrambled fighters to intercept Russian bombers
Watch: Drone Pilot Whistleblowers Describe Devastating Impacts of Targeted Kill Program
US approves sale of Global Hawks to Japan
AFRICOM Expects Greater Funding in FY17
Abe considering request from Philippines for large ships to patrol South China Sea
Spain To Buy Four MQ-9 Reapers for $168.2 Million
Iranian Court Sentences Washington Post Reporter Rezaian To Prison: IRNA

## Migrants/refugees ##
Syrians flee war to brave smugglers' gauntlet in volatile Latin America
Syrians' arrival at U.S. border crossing raises concern of a flood of asylum seekers
Texas Gov. Orders Humanitarian Nonprofits To Ignore Syrian Refugees in Need of Help
Near 100 migrants try to jump Moocco-Spain fence
UNHCR: Balkan states turning away 'economic migrants'
Tragic Farce of Anti-Refugee Threats: U.S. Was No Sanctuary for Syrians in the First Place

## Global unrest/mob rule/angry people/torches and pitchforks ##
Ahmadi Mosque Taken Over By Protesters Following Factory Torching
Migrants on Greece-Macedonia border protest decision to block those from non-war countries

## Energy/resources ##
Oil companies brace for big wave of debt defaults
Oil Patch Problems: Rigs Down 60%, Production Down 3%, $40-$50 Price Doesn't Work
Noble Midstream Partners postpones IPO amid oil slump
SunEdison's problems cast shadow over future of solar yieldcos
Power Transmission Towers 'Blown Up' Causing Blackout in Crimea
The "Syrian Sickness": What Crude Oil Gives, Crude Oil Can Take Back.
Despite oil bust, Texas prepares more students for oil jobs

## Infrastructure scavenging ##
Thieves steal copper from electric utility substation
Historic Northamptonshire church left with no roof thanks to metal thieves
Copper thieves hit businesses, churches
Copper thieves preying on telephone lines

## Got food? ##
Emergency Lawsuit Filed To Fight FDA Approval of 'Frankenfish'
Chipotle E. coli outbreak reaches six states, shares tumble
A look at the largest E. coli outbreaks in recent years
DuPont Predicts CRISPR Plants on Dinner Plates in Five Years
Agricultural biotech giants are starting to make moves into CRISPR gene editing, saying they'll be selling seeds engineered with the technology by the end of this decade.
Genetically engineered salmon: What could possibly go wrong?

## Lifestyle solutions ##
Basic Survival Skills (Focus On These FIRST)

## Environment/health ##
Carbon capture: Key green technology shackled by costs
The Earth's dying oceans threatened with mass extinction
Science Says Super Bacteria Coming to Kill Us Is Imminent, "People Will Die"
A Once Powerful Antibiotic Goes the Way of All Flesh
U.S. government proposes 17-year delay in start of Hanford nuclear tank cleanup -- until 2039
US-Backed Experiments Involving 30-Hour Shifts For Medical Residents Must End, Advocacy Groups Say
Ebola Returns to Liberia, Again
Biodegradable is Bunk: World's 'Ocean Waste Baskets' Still Filled With Plastic Trash
Such products 'will not bring about a significant decrease either in the quantity of plastic entering the ocean or the risk of physical and chemical impacts on the marine environment,' UN report states.
Indonesia, Malaysia form OPEC-like palm oil council
Antibiotics and The End of an Era
Toxic Mud From Brazil Mine Collapse Reaches Atlantic Ocean, Threatening Dolphins, Turtles And Whales
Half of the Amazon's Tree Species Are Threatened — Even the ones we don't have names for
25,450 Americans will die this year waiting for cancer drugs that could treat them
The Whispering World of Plants: "The Wood Wide Web."
The notion that plants can "talk" to one another was, until relatively recently, dismissed as fantasy, but the reality of inter-plant communication is now becoming an accepted part of mainstream science.

## Intelligence/security/internet/cyberwar ##
South Korean firm unveils face and voice recognition app
NSA Email Collection Continued Mapping Social Connections Between Americans, Foreigners Past 2011
Brussels Raises Terror Alert To Maximum Level
Paris Attacks Aftermath Update: Ban On Rallies Extended Until Climate Talks At End Of November
Aggressive Crackdown Spelling End of Europe's Famous Open Borders
The 'War on Terror' Has Been Lost
The War on Encryption and Bitcoin – Nothing to Do with Terrorism, Everything to Do with State Control
"You Want to Be Free and Dead?" – Billionaire Hillary Clinton Donor Says to Sacrifice Civil Liberties for "Safety"
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin
Starwood Hotels reveals data breach at 54 locations
Nine Ways To Stop Terrorism
Manufacturing Terror: An FBI Informant Seduced Eric McDavid Into a Bomb Plot. Then the Government Lied About It.

## Propaganda ##
Children who grow up with internet - AKA 'digital natives' - believe everything they read online, says Ofcom
Which is not good, but no worse than believing everything you read in the newspaper, or everything you see on TV "news" programs. -- RF
Chinese censorship notice: "Strengthening public opinion"
CNN Punished Its Own Journalist for Fulfilling a Core Duty of Journalism
I've spoken with friends who work at every cable network and they say the post-Paris climate is indescribably repressive in terms of what they can say and who they can put on air. When it comes to the Paris attacks, CNN has basically become state TV.
ISIS Coverup: US Centcom Accused Of Lying To President, Congress, Public About Airstrikes, Ground Fight

## Systemic breakdown/collapse/unsustainability ##
Hyundai recalls nearly 305K cars for brake light problem
Tesla recalling 90,000 Model S sedans due to possible seat belt defect
Why do we assume our western good life will last for ever?

## Japan ##
Japan to acquire Global Hawk drones
Health ministry website goes down; tweet hints at cyberattack
Test begins to store CO2 under seabed off Hokkaido
Waste of money. -- RF
Majority of vacant houses in Japan in poor condition
Only 11% of Japanese people willing to fight for their country: Gallup survey
Daring smash-and-grab jewelry robbery in Tokyo
Japan to set up terrorism intelligence unit as early as next month: Abe

## China ##
China Has a $1.2 Trillion Ponzi Finance Problem
China kills 28 'terrorists' after massive manhunt
China is on 'High Alert' for Japan's 'Intervention' in South China Sea
China banks turn blind eye to soaring overdue loans
Carmakers at China Show Predict New Era of Slower Sales Growth

## UK ##
RAF Sends Jets To Intercept Russian Bombers
Shock UK deficit figures dent George Osborne's economic plan
Gap between state spending and revenue is worst in October for six years with economists warning chancellor will need further austerity or miss annual target
NHS deficit hits £1.5bn, experts warn hospitals could run out of money for wages
Network Rail investment plan has 'staggering' costs, report finds
Half of UK care homes will close unless £2.9bn funding gap is plugged, charities warn
Spending Review: IFS warns of deepest cuts in history
The state will be radically different by the time George Osborne has finished cutting public spending, Institute for Fiscal Studies says, ahead of the Spending Review and Autumn Statement on November 25
House prices: Three charts that prove only the rich can afford to buy property in Britain
Paris attacks: Women targeted as hate crime against British Muslims soars following terrorist atrocity
Growing number of MPs signal they will back more airstrikes on Syria

## US ##
This Will Bust San Francisco's Insane Home Price Bubble
Wage pressures coming? U.S. companies start to sound the alarm
The $4.6 Trillion Leveraged Loan Market—–Next Crisis In The Making
More than 500,000 people homeless in the United States: report
Americans' Outlook for Economy Holds Close to a 13-Month Low
Best Buy Falls After Predicting Slow Holiday Season Sales
Corporate Tax Inversions: Treasury Department's New Rules Won't Stop Company Deals Designed To Avoid US Taxes
Amount of student debt in default increases
Roanoke Mayor Apologizes For Syrian Refugee Remarks Citing Japanese Internment Camps
The Number Of Terrorist Acts Committed In The U.S. By Refugees——None!
United Health's Quit Is Obamacare's Worst Omen to Date
Here Comes The Next Bailout——The Obamacare 'Risk Corridor' Subsidy To Insurers
Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers
Congress wants to seize your passport for unpaid taxes starting January 1st
40% of Millennials approve of speech censorship
10 reasons young Americans are absolutely screwed
Texas high-speed rail project privately raising $4bn
Waste of money. -- RF

## The candidates ##
Donald Trump Muslim Database Update: Hillary Clinton, Jeb Bush Condemn Republican Front-Runner's Muslim Ideas
Trump, under fire, backs off Muslim database idea
Clinton Sheds Progressive Façade with Bold Rightward Lurch
Shaky Foundations: The Clintons' so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends.
Sanders: Ducking the Issue of 'Perpetual War'
Donald Trump Says Waterboarding Is OK; Marco Rubio Calls Paris Attacks 'Positive Development'
Donors line up behind Kasich Super PAC planning Trump attack
Nearly a dozen big Republican donors backing different presidential candidates are coming together to help fund an advertising campaign attacking front-runner Donald Trump, who faced sharp criticism from rivals this week for his inflammatory comments about Muslims.

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