Thursday, February 11, 2016

 

News Links, February 12, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
A 918 Point Stock Market Crash In Japan And Deutsche Bank Denies That It Is About To Collapse
Banking Crisis in Europe? Deutsche Bank's CoCo Bonds Collapse
Deutsche Bank looking to buy back several billion euros of bonds -FT
M&A Madness——-Deals Top $5 Trillion In 2015; Most Will Fail And Waste Capital
Europe's 'doom-loop' returns as credit markets seize up
JPM's Striking Forecast: ECB Could Cut Rates To -4.5%; BOJ To -3.45%; Fed To -1.3%
Europe Banks May Face $27 Billion Energy-Loan Losses, BofA Says
The Growth "Story" Is Over: Amazon Authorizes $5 Billion Stock Buyback
"Worse than 2008": World's Largest Container Carrier on the Slowdown in Global Trade
Crowded insurance industry becomes latest casualty of oil slump
Interest Rates: Central Banks Are Going Negative, But Global Financial Markets Aren't Buying It
Global Stocks, Oil Take Drubbing. Gold, Treasuries, Yen Soar
Barbarous relic: Lines Around the Block to Buy Gold in London…Banks Placing "Unusually Large Orders for Physical"
Is Nigeria Moving From Oil Into Gold?
JPM: "Things Have Gotten Out Of Control: People Have More Confidence In Gold Than In Paper Money"
Reversal Of Fortunes: Capital Pours Out Of Banks And Into Gold
European Peripheral Debt Again in Question: Portuguese 10-Year Bond Yield Spikes to 4.4% from 2.65% in January
Sweden takes negative interest rates even lower as Riksbank fights to keep up with global stimulus
Worst Still Ahead for Mining Industry After Losing $1.4 Trillion

## Cut, baby, cut! ##
Salary Cuts In Energy Sector Could Prevent Mass Layoffs
Boeing says to cut commercial airplane jobs to reduce costs
Yahoo plans first wave of job cuts

## War on cash/cashless society ##
It's Official: Cash is Now Public Enemy Number One — First Major Offensive in War on Cash
Is Apple Pay Down? Apple Mobile Payment Outage Prevents Visa Customers From Adding Credit Cards
The War On Cash—-The Central Banks' Survival Campaign
Something Very Disturbing Spotted In A Morgan Stanley Presentation
Consider this the latest, and loudest, warning on the road to digital fiat serfdom.
Kiwis keen on cashless payments
Money will cease to exist, says Yes Bank's Chairman at NASSCOM
Venmo Experiences Outage after Super Bowl

## Airline death spiral ##
Unruly Passenger Forces Cross-Country Flight to Divert to Denver, Airline Says
When air rage turns into assault
JFK Airport Installs Facial Recognition to Boost Customs Security
The biometrics technology compares an image of travelers taken during the normal inspection process to the image stored on their ePassport.
Here's Why Reports of Cheaper Airfare Are Misleading
Congress Considers Bag Fee Refunds and Cell Phone Bans for Airlines
Airline Passengers Gone Wild! You Won't Believe What They Did Now

## Fault lines/flashpoints/powder kegs/military/war drums ##
China warns on South China Sea as U.S., India consider patrols
No plans at this time for joint U.S.-India navy patrols - State Dept
Amid Russian Tensions, NATO Prepares To Deploy Troops To Eastern Europe, Baltic Region
After 'Whipping Up Myth of Russian Threat,' NATO Approves New Fighting Force
Russia proposes March 1 ceasefire in Syria; US wants it now
Russia raises specter of interminable or 'world war' if Syria talks fail
Saudis Goad Obama to Invade Syria
Syrian rebels, including dominant jihadist elements, torpedoed Geneva peace talks by setting preconditions to come to the table. But the maneuver also renewed pressure on President Obama to commit to a "regime-change" invasion of Syria alongside Saudi and other Sunni armies.
Carter Makes His Pitch; Saudis Offer Greater Air Campaign
Iran to upgrade missiles, get Russian defense system: minister
Turkey, Saudi Arabia Planning Joint Military Drills
Russia says U.S. planes bombed Syria's Aleppo on Wednesday
U.S. Denies Russian Claim That It Bombed Syrian City of Aleppo
Iraqi troops fully capture Ramadi, reopen road to Baghdad
Russia Arctic Control To Expand? Canada, Denmark, Norway Also Submit Claims To Territory
Unidentified Latin American country orders hundreds of military trucks
North Korea executions under Kim Jong Un
House Bill Would Halt US Army, Marine Drawdowns
A US lawmaker on the House Armed Services Committee plans to introduce legislation to stop ongoing drawdowns for the Army and Marine Corps, potentially adding 370,000 soldiers back into Army plans.
North Korea to Shut Industrial Park, Freeze South Korean Assets
Netanyahu Wants Fence Around Israel to Keep Out 'Wild Beasts'
BBC Imagines World War III
How Crimeans See Ukraine Crisis

## Migrants/refugees ##
NATO launches sea mission against migrant traffickers
Refugee mental health needs could overwhelm, experts fear
How Turkey Blackmailed The EU—-Either EUR Three Billion Or Busloads Of Refugees
European Refugee Crisis In Sweden: 1% Of Swedish Crime Involved Asylum-Seekers, Report Finds
Syria Crisis: About 50,000 People Displaced Amid Surge In Fighting In Aleppo Province, Red Cross Says

## Global unrest/mob rule/angry people/torches and pitchforks ##
Immigration detainees launch hunger strike in Osaka (Japan)
HK's Mong Kok protesters: 'This is the first time, but won't be the last'
Protesters in face-off with police near Parliament (South Africa)
Moldovan protesters set to picket US embassy
Minimum-wage protesters to demonstrate at Democratic debate site

## Energy/resources ##
Renewables: The Next Fracking?
European Energy Firms Post Billion Dollar Losses in 2015
Spain's Abengoa asks for loan of up to 750 mln euros -source
Venezuelan shopping malls cut operating hours due to power rationing
French energy law could close third of EDF's reactors: report
Oil Glut Compounded By Cracks In Global Economy
France To Build 621 Miles Of Solar Roads
Queensland Resources Council says one third of state's coal mines are making losses
"Bloodbath" In Black Gold - Buffett's Phillips 66 Dumps Oil In Cushing, Crashes
More pain looming for Canadian oil producers as hedges shielding them from oil rout expire
It'll Take More Than An Oil Rally To Restart Shale Boom

## Got food? ##
Persistent drought threatens millions with hunger in Haiti - U.N.

## Lifestyle solutions ##
How I quit my smartphone addiction and really started living
If You Want To Be Wealthy, Don't Focus on Owning a House--Build a Business

## Environment/health ##
In Central America, gangs an obstacle in battle against Zika
Does Zika Cause Birth Defects? CDC Finds 'Strongest Evidence To Date' Of Link Between Virus And Microcephaly
Zika Virus US Outbreak Update: Case Confirmed At Lehigh University After Pennsylvania Student Tests Positive
How Will Zika Spread? Look at Chikungunya, CDC Head Says
USOC to hire infectious disease specialists for Zika
Study Finds Zika Virus in Fetal Brain, a Clue in Outbreak
Hotter planet helping spread of Zika virus mosquitos
Back to its roots: how Zika may threaten Africa
Sorry: Work Stress Is Just as Bad for You as Secondhand Smoke
Exercising in your forties could stop brain shrinking
New research links climate change and longer flights: What's the real meaning?

## Intelligence/security/internet/cyberwar ##
San Bernardino Shooting: FBI Unable To Unlock Encrypted Phone Used By Syed Rizwan Farook
Top U.S. Official Admits – Government Will Use "Internet of Things" to Spy on the Public
Twitter Adds No New Users; First-Quarter Sales to Fall Short
Hacker May Have Punched Through FBI Cyber Security With One Phone Call
NYPD Used Cell Phone Spying Tools Over 1,000 Times Since 2008: NYCLU
JPMorgan analyst sees Internet bubble bursting in front of us

## Systemic breakdown/collapse/unsustainability ##
How Systems Break: First They Slow Down
The Fed's Zombie Economy: ROI Crashes 80% In 40 Years
705,000 Mercedes-Benzes Recalled in U.S. Over Takata Air Bags
VW recalls 680,000 brand cars in U.S. over airbag problems
Car Recalls: Carfax Says Nearly 1 In 5 US Vehicles Have Unresolved Safety Issues
Subaru recalling 82,661 Tribeca SUVs because hoods can open
What's Killing Americans? Guns, Cars and Drugs
Guns, vehicle crashes and drug overdoses help explain a big part of why Americans die, on average, so much younger than people in other countries, government researchers said Tuesday.
The End Is Nigh For Europe As Officials Mull 2 Year Schengen "Suspension"

## Japan ##
The Age of Automaker Consolidation Finally Reaches Japan
Japan's crowded auto industry is poised to look more like other major markets, with three or fewer carmakers left by the end of the decade.
Kansai Electric, Japan Atomic Power move on plans to scrap three reactors
The dismantling operations are expected to take around 30 years for the Mihama No. 1 and No. 2 reactors and about 25 years for the Tsuruga No. 1 reactor, informed sources said. The three reactors, all in Fukui Prefecture, were decommissioned in April last year.
Money will run out and decommissioning will never be completed. Lock the doors and pray. -- RF
Japan: Fukushima clean-up may take up to 40 years, plant's operator says
Japan worried about 2020 problem, or life after Olympics
Wholesale prices fell 3.1% in January
NRA calls a halt to TEPCO's plan to freeze soil at Fukushima plant
Govt debt falls to ¥1.04 quadrillion
More than 50% of 3/11 evacuees say local recovery lagging: survey
Tsunami-hit towns in Tohoku shaken by alarming rate of population drain
The above two articles illustrate what I've been saying from the outset: What the disaster destroyed will never be rebuilt. -- RF
Wood chips increasingly used as power source
This just ties into the unrealistic belief that "renewables" can power industrial civilization. -- RF
Japan announces new sanctions on North Korea
Abe: LDP, administration are champions of free speech
Prime Minister Shinzo Abe on Feb. 10 defended his communications minister who warned that "politically biased" broadcasters can be shut down, insisting his party and administration are bastions of free speech in Japan.

## China ##
China is on a massive gold buying spree
China confirms first case of Zika virus
Bass Says China Bank Losses May Top 400% of Subprime Crisis
Worst post-Lunar New Year sell-off in 22 years

## UK ##
Trident: the British question
London's Dirty Secret: UK Capital 'Global Center' for Money Laundering
BBC to use face-scanning technology to shed light on viewers' tastes
Four UK cases of Zika virus reported since January
Britain will struggle to meet CO2 goals without CCS, lawmakers say
SNP payment delay inflicting 'devastating toll' on farmers
A third of 18-24-year-olds scared to check bank balance, poll finds
London drivers urged to turn off engines in bid to tackle air pollution

## US ##
Welfare In America: Most Low-Wage, Full-Time Workers Use Food Stamps, Housing Assistance, Analysis Shows
Los Angeles City, County Approve Sweeping Plans To Tackle Homelessness
How George W. Bush Profited From Eminent Domain (By Taking Properties From Hundreds of Private Owners)
Another Recession Indicator Flashing Red—-Distillate Demand In January Plunges 18% Y/Y
The Obama "Budget": Payments To Individuals To Hot Record $2.9 Trillion And 71% of Total Federal Spending
Carlyle unveils $200 million share buyback, earnings miss forecast
Yellen and Fed in Total Denial
Inflation Expectations Plunge: What, Me Worry?
Home Prices Climbed in 81% of U.S. Metro Areas, Realtors Say
Why retirement is a myth: We are locked into a system designed to fail
Obama proposes $4.1 trillion spending plan in final White House budget
Cleveland wants Tamir Rice's family to pay the EMS bill generated by killing him
Economic losses from U.S. January storm around $2 billion: Aon Benfield
Poll: Most women oppose registering for the draft

## The candidates ##
Artful Smear' Attack Backfires as Clinton Accused of Denying Impact of Big Money
What Clinton Said in Her Speeches – "She Sounded More Like a Goldman Sachs Managing Director"
Hillary Clinton Says She Has 'Never, Ever' Let a Donor Influence Her Vote
Did Hillary Clinton Really Win More New Hampshire Delegates Than Sanders Despite a Landslide Loss?
Carly Fiorina suspends GOP presidential bid
'Something smells': Top Iowa paper calls for 'complete audit' of Clinton's win over Sanders
New Jersey Gov. Christie drops 2016 Republican presidential bid: aide
Why Trump Thinks Unemployment Is 42%
Donald Trump Wants to Authorize 'Something Beyond Waterboarding'
GOP Candidates Compete Over Who Will Commit Most War Crimes Once Elected
Must Read – "Why Hillary Clinton Doesn't Deserve the Black Vote"
Hillary Clinton's Pay-for-Play Reality
Donald Trump wants China to make Kim Jong Un 'disappear'

And finally...
The wages of gin: Drunk Chinese man kicks elevator doors in and falls down its shaft
Sichuan guy uses white-out to change his license plate number, traffic police not fooled




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