Thursday, November 26, 2015


News Links, November 27, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
French Recession - Europe's Second-Biggest Economy Fell Into Recession In First Quarter: Report
French unemployment rebounds to record high
India Services Sector Expansion Loses Momentum; Services PMI Records Slowest Growth In 18 Months
The Slowdown In China Is Clobbering Manufacturers In Germany And The US
If China Killed Commodity Super Cycle, Fed Is About to Bury It
Iron ore crash turns up heat on miners
European banks sitting on €1tn mountain of bad debt, survey finds
Gulf braces for austerity as oil income slump bites – GCC states face record deficit of $180bn in 2015
Saudi deputy crown prince says considering subsidy cuts
Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained fall in prices, its Deputy Crown Prince Mohammed bin Salman was quoted as saying on Wednesday.
If "Everything's Awesome" Why Did Aussie CapEx Just Collapse By The Most In Its 30 Year History
Swedish central bank calls for action as Nordic property market fears grow
Is Turkey Trying to Distract the World From its Debt Crisis by Shooting Down a Russian Plane?
Puerto Rico Is About To Default: Your Complete Guide To An Island Debt Debacle
Philippine Economy Misses Expectations On Industry, Farming And Remittances
Spain Braces for its Biggest Corporate Insolvency… Ever!
Nicaragua Canal Project: Construction Put On Hold As Chinese Investor's Fortunes Dwindle
Is Portugal about to go down the same road as Greece?
Greek residential property price slide gains pace in third quarter
Yet More Rigging By Big Banks – This Time It's Interest Rate Swaps

## Cut, baby, cut! ##
US Steel To Lay Off Thousands Of Workers
Saudi builder Binladin said to cut about 15,000 jobs
Construction company Saudi Binladin Group plans to cut about 15,000 staff, people with knowledge of the matter told Reuters, in a sign of the pressure on the industry as the Saudi government trims spending in response to low oil prices.

## War on cash/cashless society ##
Cash Is King For American Holiday Shoppers
Seven in 10 American shoppers are using either cash or a debit card to pay for most of their holiday shopping this year.
London Black Cabs Set To Take Contactless Payments From 2016
The first shot in the War on Cash?
A small Swiss bank has become the first retail bank in the world to charge ordinary customers negative interest on their cash deposits.

## Airline death spiral ##
No explosives found in U.S.-bound parcels at Cairo airport: DHL
Thanksgiving Travel 2015: Airport Service Workers To Stage Hunger Strike For "$15 And A Union" On Busiest Travel Day Of The Year
Spanish ghost airport 'paid Ryanair £420,000 to fly there'
Passengers to FAA: Stop airlines from shrinking seats
Asia Pacific airlines report demand weakness
Two major British airlines cancel all flights to Sharm el-Sheikh until 2016
Airlines plan to ban drunks and limit alcohol on planes
One airline is reported to have suffered a massive 360 drink-induced incidents over the British summer, while several others are said to have written to the UK Government begging for help.
Ukraine imposes total flight ban on Russia
Emirates' 'worst ever air-rage passenger' jailed after abusing cabin crew and biting police officer
French, United States Airport, Transport Workers Under Investigation For Islamic Radicalization
'The Insider Threat Is Real': Gaps in Airport Security Highlighted in New Video
Another Laser Strike Reported Near Love Field
Manila airport staff scrutinized after passengers complain of shakedowns

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russian Plane's Pilot: No Warning From Turkey, Jet Didn't Violate Turkish Air Space
Listen To Turkey Audio Of Alleged Warning To Russian Jet Before It Was Shot Down Over Syrian Border
Turkey Fears Tourism Losses After Lavrov Recalls Russian Travelers, Following Downed Jet
Russia deploys advanced S-400 air-defence missile system in Syria after Turkey downs one of its jets
With a range of up to 250 miles, the S-400 could easily strike Turkish targets
Why Is The US Hanging Turkey Out To Dry?
The Russia/Turkey Clash—Some Relevant History
Turkish  trigger-happy hotheads are to blame for authorizing deadly force when a few wing wags would have served to warn off the Russians –  if they were in fact intruding. Turkey is in no position to claim it's the injured party when arms, munitions and logistics support for ISIS has been pouring across its border into Syria for almost five years.
Why Turkey Attacked The Russian SU-24——-The Plane Facts
Meet The Man Who Funds ISIS: Bilal Erdogan, The Son Of Turkey's President
Moscow Announces Restrictions On Imports From Turkey, Report Says
Russia strikes back at Turkey with economic sanctions
Putin Agrees To Cooperate With France's Call For Coordinated Fight Against Terrorism
Italy Says No Agreement Made At G20 To Extend Russia Sanctions
Poland to increase the size of army by 50 per cent to 'guarantee the integrity'
Egypt, Russia Negotiating Missile Sale
Neo-Nazis Sprout in Malaysia; Yes, Malaysia
Third Time Wasn't The Charm: John Kerry Returns To The Middle East For A Fourth Go-Round
Hungary detains group heading to capital with explosives, finds bomb lab
New Burqa Ban In Switzerland Will Assess Muslim Women Hefty Fines Amid Increasing Islamophobic Rhetoric
Thanks ISIS: We "Can't Keep Up With Surging Weapons Demand", Pentagon Says

## Migrants/refugees ##
Stranded migrants try to storm into Macedonia, tear down fence
Hundreds of Moroccans, Algerians and Pakistanis tried to storm the border between Greece and Macedonia on Thursday, tearing down part of the barbed wire fence at the crossing and demanding to be allowed to carry on into northern Europe.As climate impacts hit, Pakistan faces migration surge - experts
African Migration Crisis: Egypt To Crack Down On Smugglers Bringing Migrants To Europe
Hungary is putting hundreds of migrants on trial ... for crossing the border
Luxury Cruise Liners Convert To Floating Migrant Housing
White House: States can't say no to Syrian refugees
Norway Advertises Stricter Asylum Rules In Afghan Newspapers

## Global unrest/mob rule/angry people/torches and pitchforks ##
Laquan McDonald Police Shooting Video Ignites Chicago Protests
Protesters to target Chicago shopping area on Black Friday

## Energy/resources ##
Carbon limits to put $2 trillion of coal, oil, gas projects at risk: report
Up to $2 trillion in petroleum and coal projects will not be needed if the world takes action to limit warming of the planet to 2 degrees Celsius, according to a report released this week ahead of a global climate summit in Paris.
No Nukes: Anti-Nuclear Activists Condemn Turkey's Plans To Build Second Atomic Plant
Fossil Fuels For Power Gen May Soon Be In Terminal Decline
How To Solve Pakistan's Energy Crisis? Turn Off Air Conditioners, Wear No Socks
Oil prices have moved into 'super contango'
German power groups step up pressure on Berlin to help handle nuclear exit
Russia stops coal supplies to Ukraine
Average american has energy equivalent of 450 human slaves working 8 hours shifts every day
Scientists seek to harvest electricity from algae in green-energy effort
Compared to what industrial civilization requires, this is a drop in the ocean. -- RF
China Is Absolutely Destroying the US on Clean Energy
Coal's struggles likely to continue in 2016
As costs, mishaps mount, U.S. nuke industry weighs extending aging reactor lives up to 80 years

## Got food? ##
China Droughts Are Driving Down Corn Production Forecasts In World's Second-Largest Producer
Urban farmers find that success leads to eviction
China Building World's Largest Animal Cloning Factory to Feed Appetite for Beef
Costco E. coli outbreak related to vegetables in chicken salad

## Environment/health ##
U.N. Weather Agency: It's Record Hot Out There This Year
Rise of carbon emissions almost stalled in 2014: study
A rise in world carbon dioxide emissions almost stalled last year for the first time in almost two decades without a recession, in a promising step towards cleaner economic growth, a study showed on Wednesday.
EPA asks court to withdraw registration of Dow herbicide
Avoiding the climate catastrophe: not so easy as many people think
Study: Skin care drug prices up 401 percent since 2009
The cost of prescription skin treatments has skyrocketed since 2009, as the burden of escalating drug prices increasingly weighs on family budgets.
Arsenic and mercury found in river days after Brazil dam burst
Oklahoma Leads The World In Seismic Activity As 2015 Quake Count Tops 5,000

## Intelligence/security/internet/cyberwar ##
'Mind-Blowing Abuse of Power': Walmart Spied on Workers With FBI, Lockheed Martin's Help
Australian state bans blueprints for 3D printed guns
A Month Ago, Dianne Feinstein Said Cybersecurity Was Super Important... Now She Says We Should Undermine Encryption
Tricky ways thieves can steal your credit card information
Criminalize websites that won't delete terrorist content, say European legislators
New York Port Authority Evacuated Due To Threat Amid Holiday Travel Frenzy
Why retailers love your phone on Black Friday
The TPP: A Time Bomb That Could Blow Up a Free Internet

## Propaganda ##
The Real Thanksgiving Day
The official narrative has always been political propaganda. -- RF

## Systemic breakdown/collapse/unsustainability ##
Why Even a Modest Disruption Will Shatter the Status Quo
Any modest reduction in debt, tax revenues, consumption or new borrowing will bring the entire Status Quo crashing down.
Beijing 'Zombie Apocalypse' Traffic Jam: Commuters Leave Behind Vehicles In Rush Hour Traffic

## Japan ##
Japan To Send 500 Troops To Ishigaki Islands Near Disputed East China Sea
Toyota to replace Takata airbag inflators previously deemed safe
French group Ariva to help Japan dismantle nuclear reactors
Gov't to tackle maternity harassment, day care to slow population decline
The government doesn't understand that the main factor underlying population decline is net energy decline. -- RF
Public pensions, health care stretched as Japan's population ages
No. of workers in Japan to decrease 12% in 2030
Japan to effectively ban production of fluorescent, incandescent lamps
Japan to enable customs officers to seize products with stolen tech
Japan plans ¥3 trillion additional budget to prepare farmers for TPP, help struggling pensioners, families

## China ##
Chinese Military Cracking Down on Civilian Use of Drones
China Begins Military Reforms, Major Cuts For People's Liberation Army Underway
World's Tallest Building, 'Sky City', To Break Ground In China In June
Is China's Economy Cooling? China Economic Figures For April Hint That Annual Targets Could Be Missed
China Likely To Invest Over $1 Trillion Overseas By 2020, Eyes Port Infrastructure In Central And Eastern Europe
This Time Is Not Different: China Faces 'Internal Debt Crisis'
China's Earliest Monthly Economic Indicators Flash Warning Sign
Here Comes "QE For Metals" - China's Desperate Commodity Sector Demands A State Bailout
Sinosteel's Debt Troubles Test China's Willingness To Bail Out Its Dinosaurs
China robot conference showcases automated future

## UK ##
How council services are affected by spending cuts
Renewable energy: Many green power plants planned for UK 'will not be built'
Many of the new green power stations that were expected to spring up over the next decade will no longer be built, after subsidies for onshore wind and solar energy were slashed, campaigners have warned.
North Sea firms 'considering alternative revenue streams'
Lead poisons '100,000 birds annually'
Plans for all London black cabs to accept card and contactless payments by next October
Majority in UK Now Favor Brexit; Cameron's Quandary

## US ##
The Triumph Of Materialism: The Average American Will Spend 830 Dollars On Christmas In 2015
On the Verge of Consumer Exhaustion
Personal Income and Outlays: Income Hits Estimates, Spending Disappoints; Optimism Reins Supreme
Recession Watch: Falling Commodity Prices to Hurt America
Still More Inventory
US Border Crisis Rebounding? Unaccompanied Child Migration Back On The Rise
Why The Obamacare Exchanges Are Failing
Consumer drone registry creates challenge for FAA
Crowd funding the real estate bubble: Looking to participate in a San Francisco housing flip for only $5,000 while sitting in your pajamas?
HP Inc plunges after printer business underwhelms
Thanksgiving not popular for all Americans, especially the original inhabitants
Are Refugees Terrorists? Sen Jeff Sessions Says 12 Asylum Seekers Planned Attacks
Congress struggles to secure nation's power grid
Pimco, others sue Citigroup over billions in mortgage debt losses

## The candidates ##
Donald Trump says he watched people jump from Twin Towers on 9/11 from his flat - four miles away
Amazing! The Donald has the visual acuity of an eagle, perhaps even better! -- RF
Donald Trump's 'river of blood' golf course claim is debunked by historians
Donald Trump Says He Can Predict Terrorism: 'I Can Feel It'
Donald Trump Encourages People to Spy on Their Neighbors — And then report them to the police
Rubio: God's Rules Trump Supreme Court Decisions
New York Times Slams Donald Trump's 'Outrageous' Mocking Of Reporter With Disability
Exposed: Hillary Caught Coordinating With CNN to Smear Rand Paul
Huckabee: Obama 'probably' wants Americans to learn Koran verses
Scientists: Ted Cruz Understands Less About Climate Than A Kindergartner
Trump campaign keeps reporters in lockdown to hide embarrassing supporters

And finally...
North Koreans ordered to copy Kim Jong-un's 'ambitious' hair style
Goat Becomes Pals With Tiger Who Was Supposed to Eat It

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