Tuesday, December 22, 2015


News Links, December 23, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
IPOs Collapse, "Worst Year Since 2009," Worst Dec. since 2008
Indian temples not wild about using religious offerings for gold price suppression
The Rate Hike Stock Market Crash Has Thrown Gasoline Onto An Already Raging Global Financial Inferno
Europe's year from hell may presage worse to come
Mother of all Shorts: How BlackRock Made a Killing from Spain's Biggest Ever Corporate Meltdown
With Spanish Election Results, Anti-Austerity Fever Spreads Across Europe
It doesn't matter. Austerity will win the day. -- RF
Ghana president bans first class travel for public officials
The One Brazilian Scandal Almost No One Is Talking About
Elizabeth Warren says the top five banks are 38 percent larger than at the time of the bailout
Political uprising in Spain shatters illusion of eurozone recovery
Finland Should Never Have Joined Euro, Foreign Minister Says
Even The Rich Are Cutting Back - Swiss Watch Exports Continue Collapse Despite Price Cuts
LOL: Ontario government urges taxpayers to help pay off $300 billion debt

## Cut, baby, cut! ##
European banks poised for job cuts in 2016 profit drive
1,000s of jobs expected to go following FiT and RO cuts

## War on cash/cashless society ##
DBS Internet banking services suffers 3-hour outage

## Airline death spiral ##
Experts: Jet Crew Shouldn't Tell Passengers of Bomb Scare
China Eastern Airliner Suddenly Drops 20,000 Feet, oxygen masks deployed, emergency landing
Chinese Passenger Demands Airline Staff Open Plane Door So He Can Have A Smoke
During refueling! -- RF
Southwest Airlines Settles FAA Lawsuit, To Pay $2.8M In Civil Penalties For Violating Safety Regulations
American armed guards could be posted at British airports under new plans
Egypt hires consultancy to check airport security after Russia crash
Major U.S. airlines soon to offer even worse flying experience

## Fault lines/flashpoints/powder kegs/military/war drums ##
The Fight Against ISIS: France To Tell Russia To Step Up Anti-Islamic State Airstrikes In Syria
France, Russia To 'Strengthen' Information Exchange on IS
The Coming Saudi Crack-up?
President Obama, like generations of Western leaders, has coddled the oil-rich Saudi monarchy by tolerating its reactionary politics, its financing of radical Islam and its military support for Sunni jihadist terrorism. But the spoiled Saudi leaders may finally be going too far.
South China Sea Dispute: Japan Spots Armed Chinese Ships Patrolling Senkaku Islands
British troops deploy to Afghan province amid Taliban battle
Iraqi troops storm into center of Islamic State-held Ramadi
Corruption Endemic In ISIS-Controlled Territory, Report Says
The return of war? Turkey's south-east region plunged into 'worst violence in years'
Meet The Arms Merchants—-Global Sales Top $400 Billion In 2014
Pentagon Eyeing More Prepositioning of Gear
The Pentagon is looking to expand the prepositioning of gear around the world over the next year as it attempts to counter a proliferation of challenges worldwide and a smaller-than-expected budget.
U.S. glossed over Oman's human rights record during Iran talks
Port visits resume for nuclear-armed Navy subs
Nuclear-armed U.S. submarines that went more than a decade without calling on foreign ports in part because of post-Sept. 11 security concerns are once again visiting other countries, a shift intended to underscore their global presence and lift sailor morale.
President Says Philippines To Spend $1.8B on Military Modernization
E.U. extends sanctions on Russia
The Root Of Jihadi Terrorism—-Saudi Arabia And The Wahhabi Perversion Of Islam
Afghanistan: Another Broken Obama Promise; Taliban Poised to Retake Sangin; Money Trail Shows Billions of Fraud
The Myth of 'Taking Out' ISIS

## UAVs ##
Turkey Tests Armed Drone
New NATO UAV completes flight test
Fail to Register Your Drone? You Could Be Hit With $27K Fine
Europe takes next step on UAV regulations

## Migrants/refugees ##
Hungary accuses Austria of 'stupidity' in refugee crisis

## Global unrest/mob rule/angry people/torches and pitchforks ##
Activists Manually Halt Flow of Tar Sands Oil Through Canadian Pipeline
Who Is Abdullah Al-Zaher? Saudi Arabian Teenager Set For Execution By Beheading For Anti-Government Protest
Unrest and violence break out in strategic port of Djibouti on Gulf of Aden
Another teenager dies amid unrest in Turkey's south

## Energy/resources ##
We are at Peak Oil now; we need very low-cost energy to fix it
Ukraine cuts coal production by 40.9% in 11 months
Coal Mining's Financial Failures: Two Thirds of World's Production Now Unprofitable
The situation is even more grim for some American coal mining regions, like Central Appalachia, where Wood Mackenzie concluded in March that 72 percent of the coal produced was being sold at a loss.
At Crunch Time For US Drillers, Warm Weather Threatens Meltdown
Energy companies, laden with debt and reeling from a 17-month collapse in oil prices, may now face their most critical few months of the decade-long U.S. fracking boom. So far, the weather is not going their way.
As Pot-Growing Expands, Electricity Demands Tax U.S. Grids
The $3.5 billion U.S. cannabis market is emerging as one of the nation's most power-hungry industries, with the 24-hour demands of thousands of indoor growing sites taxing aging electricity grids and unraveling hard-earned gains in energy conservation.
Buy Out, Sell Out Or Just Go Away: M&A Expected To Surge
Analysis: Turkey balances on brink of gas supply crisis
AP Investigation: US power grid vulnerable to foreign hacks
Extreme weather poses increasing threat to US power grid
LNG shippers brace for wave of consolidation as freight rates sink
Less Than 2 Percent of Permian Basin Is Commercial at $30 Oil
China Just Made Its First Big Move On The Silk Road, In Uranium
Russia passes Saudi Arabia as top China oil supplier for 3rd month in 2015
Iran Delusional About Oil Potential
Russia starting construction on two nuclear power plants in Iran
Texas hunkers down for another oil bust
Most of Zambia plunged into blackout - state power firm
Desert tower raises Chile's solar power ambition to new heights
Towering 200 metres above the desert, the Atacama 1 will harvest the sun's energy from a surrounding field of giant mirrors. But the completion of the $1.1bn project, the first of its kind in Latin America, has been thrown into doubt by the financial difficulties of its Spanish owner.
Wind Power Continues Steady Growth Across The U.S.

## Got food? ##
Venezuela passes national anti-GMO and anti-patent seed law
Chipotle Probed for New Outbreak of Different E. Coli Strain
NASA wants to grow potatoes on Mars
Good luck! -- RF
Decline of wild bees imperils US crops

## Lifestyle solutions ##
Iranians set up 'walls of kindness' to help homeless

## Environment/health ##
'Fat but fit' counts for nothing scientists say - obesity is what drives early death
ExxonMobil, Peabody Coal Lobbying for Bill Preventing Climate Change Accounting in US Trade Deals
More Countries Want More Babies
Rush to curb emerging sugar high in Asia
Study: Infectious disease spread is fueled by international trade
Fake medicines worth $7 million seized across Asia during crackdown: Interpol

## Intelligence/security/internet/cyberwar ##
Seymour Hersh's Latest Bombshell: U.S. Military Undermined Obama on Syria with Tacit Help to Assad
The HTTP 451 Error Code for Censorship Is Now an Internet Standard
Iranian hackers breached New York dam causing White House alarm
Germans Stock Up on Weapons for Self-Defense
Hack Brief: Hello Kitty Sites Spill Details of 3.3 Million Users
Saudi writer jailed for reformist comments
UK Government Has Secretly Created A Huge Database Storing Details About Its Citizens' Private Lives -- Since 2000
Facebook Spam Tricks The Internet Into Supporting Company's AOL-ification Of Developing Nations
US stops British Muslim family from boarding flight to visit Disneyland

## Propaganda ##
Jack Ma Might Now Have His Sights Set on Hong Kong's Ming Pao
Japan's ruling political party forms group to review modern history
Trump Schools ABC-TV Host on Reality

## Systemic breakdown/collapse/unsustainability ##
Central Banks Have Pushed the Middle Class Down into Neofeudal Serfdom
Liberty Imperiled——-The Emerging Police State Of Mind
The World of Work Has Changed, and It's Never Going Back to the "Good Old Days"
Ford recalls 313,000 cars for lighting failures
The Shocking, Unacceptable Levels of Hunger and Homelessness in American Cities

## Japan ##
Toshiba to cut 10,000 jobs, downsize consumer electronics business
Moody's lowers Toshiba's credit rating two levels to junk status
McDonald's exploring sale of stake in Japanese arm: Nikkei
McDonald's Japan Shares Plunge On Report That US Parent Company May Sell Stake
The BoJ Just Promised To Buy $2.5 Billion In Make-Believe ETFs: What It Means For Japanese Corporates
Would-be Japan PM says defense shift could be excuse for attack
Japan Selects New Stadium Design for 2020 Tokyo Olympics
Everybody wants the Olympics because the games are supposed to bring in the money, but owing primarily to net energy decline, the event is now turning into a burden on the host countries. -- RF
Ambulance response times fall to Japan's worst ever
Japan seeks 1,000 young 'human rights supporters' to monitor Internet for abuses
Fukui governor OKs restart of Kansai Electric nuclear reactors
Japan sets measures to reduce child poverty
Japan to require power companies to disclose, reduce emissions
TPP touted as raising Japan's GDP by ¥14 trillion
Shortage of butter at stores remains a puzzling mystery
Government estimate: Almost 100 percent of contaminated soil can be recycled
The ministry plans to use the radioactive soil generated through decontamination work following the 2011 accident at the Fukushima No. 1 nuclear power plant as construction materials for public works projects.

## China ##
China's Cost To Avoid The Dreaded Working Class Revolution: A Record CNY11.1 Trillion, And Rising
Some of China's most wanted live openly in U.S. and Canada
Chinese Think Tank Issues Bleak Growth Forecast, Urges Beijing To Ease Policy Further
China To Cancel Zimbabwe's $40M Debt, Increase Local Use Of Yuan
Controversial China anti-terror law looks set to pass this month
Taiwanese politicians allegedly targeted by Chinese state-backed hackers
Shan Jiuliang added to list of vanishing Chinese businessmen
After fueling $1 trillion Asia deal spree, China's M&A set to hit new heights in 2016
Thousands of plants cut production as Beijing smog persists
Fear Of Slowing Economic Growth In China Spreads To Prosperous Pearl River Delta Region
Shanghai government aims to limit city's population to 25 million over the next five years
No need for the government to do anything. Net energy decline will lower the population. -- RF
Shanxi university pioneers cellphone free classroom, requiring students to surrender their phones before class

## UK ##
UK Government attempting to keep details of secret security pact with Saudi Arabia hidden from public
Luxury Home Prices in London Hit Wall, Sales Plummet. Chinese, Russian Buyers, Oil Blamed
Homeless families at highest number since financial crisis began
More than 103,000 children 'homeless at Christmas' in England
Jobless and disabled people could have benefits stopped on Christmas Eve under 'tough new sanctions regime'
Nurse shortage hits dangerous levels in 90% of hospitals, report finds
Fears of new economic crash as British families run £40bn deficit
Apple hits out at British plans to extend online surveillance
Children as young as one 'regularly using touchscreen devices'
Further flooding worsens troubles for Cumbrian towns hit by Storm Desmond

## US ##
Congress Opens the Floodgates to Foreign Investment in U.S. Real Estate
Let's just go ahead and put a nail in the coffin of the idea that American citizens will ever actually own their own homes again. Instead, you can rent from China's sovereign wealth fund, or perhaps a Saudi prince.
A recession is imminent
5 charts signaling an oncoming recession. The market is overheated with debt and the public is anxious about the economy.
"America's Ship Is Sinking" Former Bush Official Exposes The Unfixable Corruption Inside The Establishment
Nearly half the 184 Georgians shot and killed by police since 2010 were unarmed or shot in the back
US Economy Snapshot in Eyes of New York Fed vs. Eyes of Mish
Gentrification Is More Widespread Than We Think
It's Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama's Presidency
Television audience dropping
Massive California Pension Fund Blocks Initiative to Disclose Fees Charged by Private Equity Firms
"Sudden Withering Demand" & End of Housing Bubble 2, or just an "Anomaly?"
Bill Gates Was The Biggest Insider Seller Of 2015
Police Brutality 2015: NYPD Officer Accused Of Stomping Suspect's Genitals
Reshoring Myth Explodes: Offshoring Outpaces Onshoring Every Year Since 2004 Except 2011
9 Of The Top 10 U.S. Occupations Pay Miserly Wages

## The candidates ##
Donald Trump spokeswoman makes bizarre comments about not being 'afraid' to use nuclear weapons
Republican donor Adelson says met 'charming' candidate Trump, discussed Israel
Young protesters heckle Trump during Michigan speech
Trump uses crude language to mock Clinton

And finally...
Oops! Mistake crowns wrong Miss Universe contestant before real winner
Cops: Man calls 911 for rolling papers, is busted
Florida woman arrested after attacking her husband for flatulence

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