Thursday, March 31, 2016

 

News Links, April 1, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
How and Why Janet Yellen is Driving the Gold Train Much Higher
Brazil's Budget Deficit Swells to Record as Economy Shrinks
Rio governor says finances 'tragic,' suggest property sales
In an ominous sign ahead of the Summer Olympics, Rio de Janeiro's acting governor said Wednesday that the state's finances are "tragic" and suggested selling off property to shore up barren coffers.
Central banks 'running out of time' to reflate economies: Bill Gross
Euro zone 'flying on one engine': S&P
Spain Wildly Off Budget Target, Expect Alarm Bells and Warnings
Oil downturn puts the hurt on helicopter industry
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent
Global Steel Industry Facing `Ice Age,' Top China Mill Warns
New Analysis Shows 'Frivolous' Corporate Sovereignty Suits Increasingly Used To Deter Regulation Rather Than Win Compensation
"Are We Prepared to Impose Temporary Debt Standstills?"
Natural Disasters And Catastrophic Events Racked Up $92B In Global Economic Losses In 2015: Report
My, How Time Flies! Eight Nations Including Spain and Italy Beg for More Time to Meet Budget Rules
New $25 Million Fraud on Wall Street Is Making Some Rich Guys Nervous
Central Bank Policy Sparking Gold Demand In Europe
Moody's Investors Service on Thursday lowered its rating outlooks for Singapore's three big banking groups to "negative" from "stable."
Japan's industrial output down 6.2% on month in February

## Cut, baby, cut! ##
Boeing could cut 8,000 jobs this year if savings not met
BlackRock planning to cut 400 jobs: source
IBM Laying Off 1000 Workers In Germany

## War on cash/cashless society ##
Fed will be forced to lower Interest rates and declare war on cash

## Airline death spiral ##
Bomb threat at Landvetter airport in Gothenburg
Part of Landvetter airport in western Sweden was evacuated on Thursday morning after a number of suspicious plastic bags were discovered in the domestic flights terminal.
Every hoax call costs an airline Rs 2 crore
More problems for Allegiant Airlines
18 flights cancelled, delayed, or diverted this weekend
An expedited screening program called PreCheck was supposed to be the answer to maddeningly long security lines at the airport. But four years after its launch, the Transportation Security Administration is far short of enrolling enough travelers to make a difference, spelling trouble for summer travel season.
'Awful' Woman Puts Her Very Long Ponytail Over Seat, Blocks Plane Passenger's TV
Video also features other horrible passenger behavior. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
US Insists Iran Missile Tests Violate UN Resolution
Officials Had Previously Confirmed It Was Legal Under Nuclear Deal
Assad: Cost of Syrian war is $200 billion
Syrian President Bashar Assad said his country has lost $200 billion because of the civil war, and he will award the contracts to rebuild Syria to Russia, China and Iran.

## UAVs ##
The so-called US shale oil revolution got stuck in 2015. The longer oil prices remain low, the more the 2015 peak will establish itself. There are no free-bees here. Pay less for oil and you will get less oil.
Companies searching off Norway found less than 5 million barrels of oil and gas for every exploration well drilled last year, the lowest ratio since 2006, according to Bloomberg calculations based on Norwegian Petroleum Directorate data. That compares with a 27 million-barrel average over the past 25 years.
The tie-up between the two companies is an excellent example of the current environment in energy: with oil and gas prices at multi-year lows, the time is ripe for some major M&A activity in the sector.

## Infrastructure scavenging ##

## Got food? ##
'Record global haul' of illicit food and drink
Monkey ribs, adulterated booze, fertilizer-laced sugar...
Proving 'Just This Phone' Canard, FBI to Help Unlock Other Apple Devices
Bureau announced it would help Arkansas prosecutors unlock two devices in murder case
Higher Education Is Morally and Financially Bankrupt
A system that piles debt on students in exchange for a marginal or even zero-return on their investment is morally and financially bankrupt.

## Japan ##
700,000 people could be trapped in Tokyo in case of major earthquake
But the overall impact of a financial collapse will be much greater. -- RF

## China ##
China oil giant Sinopec posts 30% dive in net profit

## US ##
Railroad Stocks Hit Hard By Oil And Coal Collapse
John McCain Linked Nonprofit Received Million Dollar Donation From Saudi Arabia
Gas Pipeline Uses 160 Eminent Domain Suits To Get Property In 3 States
Simple Math Shows America Is Headed for an Economic Disaster
Imploding Pensions Take The Rest Of US Down With Them

## The candidates ##
We must smash the Clinton machine: Democratic elites and the media sold out to Hillary this time, but change is coming
Donald Trump mocks female journalist allegedly assaulted by his campaign manager
Punishment For Abortions Controversy: Donald Trump Might Send Women To Jail For Having Medical Procedure
Trump Reverses on Abortion Ban, Saying Doctors Would Be Punished
Hideous, disgusting racists: Let's call Donald Trump and his supporters exactly what they are
The New Part-Time Job: "Get Paid $15 An Hour To Protest At The Trump Rally"
Trump Way to the Left of Clinton on Foreign Policy – In Fact, He's Damn Near Anti-Empire
Hillary Clinton: Predictably Zionist
Second judge says Clinton email setup may have been in 'bad faith'
"We're Going to War" – Oliver Stone Opines on the Dangerous Extremism of Neocon Hillary Clinton




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