Thursday, March 03, 2016


News Links, March 4, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Sub-zero central banks may just chase inflation expectations lower
Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy
Global Services Activity at 40-Month Low
The G-20 Gasbag Gabfest: No New Initiatives——-Thank God!
Saudi Arabia Asks Banks To Discuss Major Loan That Could Total Around $10 Billion: Sources
The Shipping Industry Isn't Doing as Well as It Looks From Space
Commodity prices and demand are so lousy, freight rates for the biggest ships don't even cover a third of the cost of their crews.
Eurozone Deflationary Pressures Intensify; France PMI Back in Contraction
The Next Cockroach Emerges: Including Undrawn Loans, Canadian Banks Exposure To Oil Doubles
Global Central Banks Continue Longest Gold-Buying-Spree Since Vietnam War
Sports Authority files for bankruptcy protection, will close 140 stores
"There Is A Dollar Shortage": Abu Dhabi Warns On Decreased Dollar Supply
NIRP: Negative rates, negative reactions
Gasp! Fewer superrich for the first time since 2008
Luxury housing market shows no signs of slowing down in Toronto, Vancouver and Montreal
Banks Bloated on Sovereign Debt Weaken Italy in Row With Germany
Yahoo Exploring Sale of $1 To $3B In 'Noncore Assets': CFO
Gold Snaps Back to Bull Market as Prices Surge on Haven Demand
It's Official: Canada Has Sold All Of Its Gold Reserves
Only the IMF can now save Brazil
Art Berman Sees Oil Heading To $16, Will Lead To "Banking Bloodbath"
China woes hammer neighboring manufacturing industries
Might Consumers Ultimately Pay the Price for Cheap Fuel?

## Cut, baby, cut! ##
China Plans To Lay Off Millions Of State Workers: Report
Anadarko Slashes 80% Of Onshore Rigs, To Lay Off 95% Of Contractors
Goldman Sachs to Cut More Than 5% of Fixed-Income Workers

## War on cash/cashless society ##
Keynesian Claptrap—— Why The State Is Waging War On Savers And Cash
The Deep State——Malodorous, Malevolent, and Malignant—— Is Coming for Your Savings
Illegal online remittances total hits record high (Japan)

## Airline death spiral ##
Why Airport Security Lines Have Grown Longer
Huge lines at some airport security checkpoints are creating fear of a summer travel meltdown and growing tension between airlines, airports and a TSA beset by budget issues and a mandate to tighten up security.
As I've observed on previous occasions, airport security is a heavy drag on the airline industry. -- RF
Skymark may fly international routes after restructuring, chairman says
'Economy Minus': The Airplane Seat Class No One Asked For
Allegiant, After Full-Page Ad on Safety, Endures Another Emergency Landing
British man kicked off EasyJet flight over 'prayer' message on phone

## Fault lines/flashpoints/powder kegs/military/war drums ##
EUCOM Commander: US May Need To 'Puncture' Russian Defenses
Russia Unveils 6th Generation Fighter Jet Designs To Compete With the US
North Korea Fires Short-Range Projectiles After New UN Sanctions
China blocks Filipino access to fishing grounds
CHINA HAS stationed several ships near a disputed atoll in the South China Sea, preventing Filipino fishermen from accessing traditional fishing grounds and raising tensions in the volatile region, Philippine officials said on Wednesday.
Japanese warship convoy to make 'friendly' call at Subic Bay with real attention focused on China
India, U.S., Japan to hold naval drills close to China's waters
Israeli Air Force deploying 'David's Sling' missile defense system
Kim Jong Un Orders Nuclear Weapons Made Ready For Use
Saudi Cleric On ISIS Hit List Shot In Southern Philippines
South Sudan humanitarian crisis is worsening: UN
The victims of the 21st-century slave trade
Nestlé admits slave labour risk on Brazil coffee plantations
Philippines borrowing planes from Japan to patrol South China Sea

## UAVs ##
Law Enforcement Drones: Connecticut Lawmakers Considering Legislation Limiting Police Use Of Drones
Britain, France Agree on £1.5 Billion Plan for Combat Drone

## Migrants/refugees ##
Chaos, riots as France dismantles Calais migrant camp called the 'Jungle'
Humanitarian Aid Running Out At Greek-Macedonia Border [+Video]
EU launches emergency refugee aid scheme for Greece
How a makeshift refugee camp is a symbol of the worsening humanitarian crisis in Greece
Calais Refugee Crisis Update: Britain Pledges Extra 20M Euros To Boost Security, Help Unaccompanied Children
EU fate at stake on muddy Greek border as migrants trapped

## Global unrest/mob rule/angry people/torches and pitchforks ##
More than 45K sign petition to arrest Bill Clinton
Iranian migrants sew mouths shut in French camp protest
Tibetans Self-Immolate in India and China

## Energy/resources ##
Pemex: Prelude to a Bailout
Mexico's biggest company, state-owned oil giant Pemex, notched up 13 consecutive quarters of rising losses and now faces the toughest test of its 78-year existence: staying alive.
$32 Billion Loss Forces Pemex To Downgrade Offshore Ambitions
Russia says global deal to cap oil output is close
U.S. NRC engineers urge fix for nuclear power stations
A group of engineers within the U.S. nuclear power regulator is concerned that a design flaw in nearly all U.S. nuclear plants could endanger emergency core cooling systems. The group has urged the regulator to order power station operators to either fix the problem or face mandatory shutdowns.
African oil exports seen suffering steep fall
African crude oil exports will fall by 600,000 b/d over the next six years as production from its biggest producers slips and rising regional refinery activity absorbs more domestic output, the International Energy Agency said February 22.
Schlumberger touts streamlining during downturn
The Long Term Impact Of The Oil Rig Crash
Sri Lanka suffers hours-long power blackout
Syria Without Electricity, Internet After Blackouts In Every Province
A Secret About Oil You Won't Find Anywhere Else — A far larger problem than Wall Street realizes
Does This "Panic Index" Show A Major Crisis Coming In Oil And Gas?
Oil Tankers Shun Suez Canal In Search of Cheaper Route
Oil weakness catching up with Texas

## Got food? ##
Glyphosate Herbicide Found in 14 Popular Beer Brands from Germany
Climate change poised to hurt food supplies: Study
Insects As Food? Kenyan Scientists Propose Eating Bugs To Curb Food Insecurity, Malnutrition

## Environment/health ##
Zika virus confirmed in South Australia
Cuba reports first case of Zika
Brazil researchers link Zika to another, much more prevalent, mosquito
Chronic stress spreads cancer, Monash University study finds
Scientists find 'Achilles' heel' of cancer offering hope for most deadly cases
Borehole project for exploring nuclear waste disposal shut down
Engineers: Collapse of Mosul Dam Could Kill a Million People
Urban Street Lights Could Be Disrupting Your Sleep
Goodbye Winter: February Heat Shatters Records as Alaska Forced to Ship in Snow for Iditarod

## Intelligence/security/internet/cyberwar ##
The IRS is using a system that was hacked to protect victims of a hack—and it was just hacked
Want to hack the Pentagon? Department puts out call to test cybersecurity
How the Feds Could Get Into iPhones Without Apple's Help
iArmy, Assemble! Apple Allies Rally in Flurry of New Court Filings
South Korea lawmakers pass contentious anti-terror bill after record filibuster ends
Hacked! Business bank accounts vulnerable to cybercriminals
Mass Transit Meets Mass Surveillance

## Propaganda ##
Ukraine Bans Criticism Of The Government
Creator slams removal of pro-nuclear signs from Fukushima ghost town
'Do Not Overkill:' Report Sheds New Light on Chinese Censorship

## Systemic breakdown/collapse/unsustainability ##
The other side of the global crisis: entropy and the collapse of civilizations
America's Ruling Classes: No Fear, No Caution, No Prudence
Toyota adds 356,000 vehicles to Takata air bag recalls

## Japan ##
Number of Japanese households on welfare hits record high in December
Japan's silver-haired seniors still punching the time clock
S&P: Large Japan economic stimulus would raise concerns
Japan's nuclear refugees face bleak return five years after Fukushima
TEPCO to create frozen wall soon
Experts warn minister not to abuse her power over broadcasting
Law, politics and other experts blasted communications minister Sanae Takaichi over her threat to shut down broadcasters if the government judges them as biased.
Over 40% of Japan's nursing-care firms in the red: survey
Fishing workforce shrinks by 23% in Japan's disaster zone
10,000 Fukushima children still live outside prefecture after disaster, survey shows
Investors flock to corporate, local government bonds
Abe determined to amend Constitution while in office, mum on specifics

## China ##
China To Secure Future Oil Supply With This $10 Billion Loan
China to lay off five to six million workers, earmarks at least $23 billion
China's Other Growth Figure Is Flashing a Warning
Shrinking Labor Force Means China's Pension System is Drying Up
Mao Suits Making a Triumphant Return in China… By Law
Death and Despair in China's Rustbelt
Macau's Economy Contracted By 20 Percent In 2015 As Its Casinos Suffered
Inside China's Plan for a Military That Can Counter U.S. Muscle

## UK ##
Energy policy U-turns 'may cost households £120 a year'
Power bills may be higher due to changes to wind farm funding and energy efficiency schemes, MPs warn
UK Spying Laws Give Government Access to Your Entire Internet History
UK Raises Investment in Nuclear Missile Sub Program
The 'growing issue' of homeless people sleeping in bins

## US ##
Corporate Default Rate Jumps Past Lehman Moment
Malaise Spreads to Services: US Services PMI Contracts for First Time Since October 2013
Earnings Downgrades Turning Into Deluge as First Quarter Craters
It's Not All Over——– Manufacturing Is Still Heading Down
Retirement is looking even worse for Americans
How Long Will Your Retirement Money Last? Here's What Americans Think
New Jersey newspapers call for Chris Christie to resign
Pres. of Mount St. Mary resigns after glibly suggesting students be shot
How the U.S. Government and HSBC Have Teamed Up to Hide the Truth From a Pennsylvania Couple
Payday Loan Sharks Have Good Friend in Government: Democratic Party Chair
Steel Stocks Soar After the U.S. Slaps Anti-Dumping Tariffs on China
Chesapeake Founder Aubrey McClendon Dies In Car Crash One Day After Federal Indictment
Larry Fink and His BlackRock Team Poised to Take Over Hillary Clinton's Treasury Department
The Revenge of the Lower Classes and the Rise of American Fascism
House Flipping On The Rise Again, Raising Fears Of More Housing Bubbles
Mitt Romney Lays Out Scathing Critique of Donald Trump
Mitt Romney Is The Real Super-Fraud: Here's The Proof, Chapter And Verse
Smith & Wesson Hits All Time High Thanks To Record Gun Demand

## The candidates ##
Hillary Clinton and Donald Trump cemented as 2016 leaders
Donald Trump Quotes: 22 Offensive Things Said By The Republican Frontrunner
Donald Trump: World Media, Global Leaders Disturbed By Rise Of Controversial Businessman
David Duke's Donald Trump Endorsement Never Happened, Former KKK Grand Wizard Says
Ben Carson to halt presidential campaign
Neocons declare war on Trump
Think Trump's wrong? Fact checkers can tell you how often. (Hint: A lot.)
"Bernie or Bust" – Over 50,000 Sanders Supporters Pledge to Never Vote for Hillary
The Trumpster Sends The GOP/Neocon Establishment To The Dumpster
GOP gets ready to go 'nuclear' over Trump
Hillary's Coming Crisis——The Email Scandal Is Getting Much Worse

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