Tuesday, March 08, 2016


News Links, March 9, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
OECD Warns Leading Indicators Point to Slower Global Growth — Pitifully Late Recognition of the Obvious
Negative rates: Zeros Add Up to Almost $8 Trillion of Pain
Global steel slump with roots in China shakes mining towns
Asia corporate profits set for 1st drop since 2008
China's economic slowdown and falling commodity prices are casting dark shadows over Asian businesses. The impact on fiscal 2015 earnings at major companies is obvious. Overall, they are projected to post the first profit decline in seven years. Of 132 companies that announced earnings by the end of February, about half reported lower net profits than the previous year or fell into the red.
Italy Openly Fighting With EU and Germany; Country on Brink of Questioning Euro
Will Italian banks spark another financial crisis?
The Collapse Of Italy's Banks Threatens To Plunge The European Financial System Into Chaos
Grexit back on the agenda again as Greek economy unravels
German Factory Orders Drop as Global Slowdown Weighs on Economy
40 Global Banks Run Blockchain Tests from Multiple Vendors
Do You Own Any Gold? If So You Own More Than The Bank Of Canada
'Gathering storm' for global economy as markets lose faith
Zombie Banks — How the Undead Weigh Down Europe's Economy
Cash, Guns And Safes: Stress Is Spreading
Millennials Are Paying for 'the Western World's Most Stunning Accounting Disaster to Date'
New Horror Story Proves Working for Amazon Is More Soul-Crushing Than We Thought
Helicopter Money Comes To Canada: Ontario Pledges "Basic Income Experiment"
China And Fracking: The Pillars Of "The Recovery" Are Crumbling
IMF Warns About "Risk of Economic Derailment" as Chinese Exports Plunge Most Since 2009
The Indian government's futile war against its own people over gold
Gold/silver ratio: This 4,000-year old financial indicator says that a major crisis is looming

## Cut, baby, cut! ##
Botswana mines plan more job cuts as global commodity slump hits
Oil giants to sharply reduce rigs working at Prudhoe Bay, affecting scores of jobs

## War on cash/cashless society ##
Forget the $100 bill—why does cash still exist in the digital age?
Why You Need to Prepare for the Cashless Society
Clamp Down on Cash Is the Ultimate Surveillance State

## Airline death spiral ##
Boy, 14, among 25 'disruptive' passengers taken off Gatwick plane
Transportation, Infrastructure Shares Surge After China Pledge to Invest in Airports
Infrastructure woes limit Asian airlines' growth
Allegiant criticizes union report analyzing its flight problems
Allegiant airliner still grounded, passenger recalls 'huge pop'
More passengers, more delays at London's airports
On-time performance at UK's airports has fallen to its lowest level in five years.
LaGuardia May Allow More Long-Haul Flights To Fund $4.2 Billion Overhaul
Laser pens: Could a passenger plane be brought down by a beam?
South Africa facing pilot shortage

## Fault lines/flashpoints/powder kegs/military/war drums ##
Islamic State claims truck bomb that killed 60, injured 70 in Hilla, south of Baghdad
Kurdish Report: US Building Two Air Bases in Northeast Syria
This is how we spooked Putin: What the New York Times won't tell you about the American adventure in Ukraine
U.S. Air Force faces shortage of fighter pilots: officials
The United States Air Force is facing a shortage of more than 500 fighter pilots which is expected to widen to more than 800 by 2022, Air Force officials said on Tuesday.
Russia offers access to its Syria bases to help deliver aid
U.S. slaps export curbs on China's ZTE over alleged Iran scheme
China's ZTE urges suppliers to seek U.S. export licensee: source
Central Banking Conspiracy Now Involves Canadian 'Basic Income'
Israel's Netanyahu declines offer to meet with Obama: White House
Flight MH17 Update: BUK Missile's Launch Site To Be Determined Soon, Dutch Investigators Say
Iran fires ballistic missiles, U.S. hints at diplomatic response
Officials: Laser targeting of F-15 fighter at Lakenheath not unusual

## UAVs ##
US Drone Strikes Pound Somalia: 150 Al-Shabab Militants Reported Dead
Drone rules remain up in the air for now
U.S. Oil Companies Under Threat From Chinese Drones

## Migrants/refugees ##
At Least 25 Migrants Drown After Boat Capsizes Off Turkish Coast
Migrant crisis: UK to join Nato refugee patrols in Aegean 
Hundreds Of Migrants Rescued Off Lesbos As EU Leaders, Ankara Hold Talks
EU could 'double money to Turkey with €3bn more for Syrian refugees until 2018': latest
EU Welcomes Turkish Plan On Migrant Crisis
Devil Demands and Receives More Concessions from Merkel: In Bed with a Dictator
Merkel's latest concessions come despite the fact that Erdogan is now the de-facto dictator of Turkey, having just taken over Turkey's largest newspaper with a violent teargas raid by riot police.
European Refugee Crisis: Western Balkans Border Closing May Force Asylum-Seekers To Seek Other Routes
Balkan route closure cuts migrant arrivals to Germany by a third

## Global unrest/mob rule/angry people/torches and pitchforks ##
Refugee crisis: Fears of violence in border camps if 'Balkan route' into Europe is closed
Ibafo electricity consumers protest 10 years of power outage, urge Fashola's intervention
Workers strike at ArcelorMittal Mexico plant over job cuts
Fed Up with Inaction, Peruvian Tribe Takes Hostages Following Amazon Oil Spills
Riot police clash with protesters in Venice lagoon showdown

## Energy/resources ##
Oil Fundamentals Could Cause Oil Prices To Fall, Fast.
Shell Hopes To Sell $30 Billion In Assets, But Timing Is Terrible
Will Russia End Up Controlling 73% of Global Oil Supply?
Russia is smart. Vladimir Putin is genius. Moscow senses the opportunity that is almost tangibly floating about in the low crude price environment and appears to be ready to capitalize on it in a way that would reshape the geopolitical landscape exponentially.
More oil industry spending cuts to hit production outlook: IEA
The oil industry cut investment spending by more than $100 billion last year and another round of major cuts this year is expected to hit the production outlook, the International Energy Agency's chief economist said.
What A Falling Rig Count Can Do For Oil Prices
EIA: Second-Biggest US Shale Output Drop Seen For April
The Reason For Copper's Dramatic Surge: Chinese Copper Inventories Hit Record
USGS says Powder River Basin has 40 years of coal reserves, not 250
French nuclear plant near Basel to close

## Infrastructure scavenging ##
Persistent thieves pinch kilometre of cabling from railway

## Got food? ##
EU Said to Meet Sugar Industry to Discuss Possible Supply Crunch
Drought-hit Ethiopia needs money for seeds as rains begin
Sandwiches Recalled from Starbucks Stores Over Listeria Concerns
First-of-it-Kind Supermarket Sells Expired Food, And It's a Hit
Study suggests impact of climate change on agriculture may be underestimated

## Environment/health ##
Zika Virus May Infect, Kill Neural Stem Cells
The Zika virus may infect and kill a type of brain cell that is crucial for brain development, according to a new study done in human cells growing in lab dishes.
Mosquito-eating fish used to fight Zika virus in Latin America
WHO: Sexual transmission of Zika more common than thought
Zika Virus Update: 'Scientific Gaps' Plague Understanding Of Health Effects, Disease Transmission, World Health Organization Says
New Teflon Toxin Causes Cancer in Lab Animals
A Chemical Shell Game — How DuPont Concealed the Dangers of the New Teflon Toxin
Chocolate makes you cleverer: A 40-year psychological study proves that the sweet treat can boost our grey matter
High-fat diets may spur cancer by activating tumor-prone stem cells
Nature: All women in the world should have the right to birth control
Nearly a third of cacti threatened with extinction
Illegal trade contributes to placing cacti among world's most threatened species – IUCN Red List
Elephants Being Slaughtered for Ivory Faster Than They Can Reproduce
Wave of Opposition Derails EU Bid to Extend Use of Toxic Herbicide
HIV, Hepatitis C News: More Than 2 Million People Infected With Both Viruses, Study Finds

## Intelligence/security/internet/cyberwar ##
Scam artists hit Seagate Technology
Remove Mac Ransomware: How To Tell If You're Infected By KeRanger And Recovery Steps
Meet The Cyber-Industrial Complex: Private Contractors May Get $7B Windfall From Pentagon's Cyberwar On ISIS
Going Dark? FBI Not So Blind Despite Apple iPhone And Other Encrypted Devices
Chinese Hackers Break Into NY Fed, Steal $100 Million From Bangladesh Central Bank
North Korea Hacked South Korean Officals' Phones In Latest Cyberattack, South Korean Government Claims
Hacking a connected car is this easy
PEN Norway Awards Snowden, Calls on Government to Grant Safe Passage
North Korea tried to hack South's railway system: spy agency

## Propaganda ##
The Danger of Media Blackout
Propaganda drive in China as cartoon Xi Jinping plays whack-a-mole

## Systemic breakdown/collapse/unsustainability ##
Toyota recalls 33,264 more vehicles over airbags in Canada: government
US Military's F-35 Fighter Reaches Peak Fail Thanks To Radar Glitch That Forces Pilots To Switch Power Off And On

## Japan ##
Japan spins wheels as wary consumers stash their cash
Latest data show Japan's economy shrank 1.1% in Oct-Dec
Japan central bank to cut next fiscal year's growth, price estimates: sources
The $5 Trillion Quandary as Negative-Yielding Japanese Debt Doubles
Japanese Government Bond Yields Collapse To Record Lows
Japan receives new Soryu-class submarine
Niigata nuclear reactor has control rod trouble
TEPCO: 4 more years needed to stop radioactive water leaks at Fukushima
The Fukushima Cleanup Will Take Generations
The money will run out long before then. -- RF
3/11 earthquake/tsunami survivors fall between cracks of reconstruction system
5,803 foreign trainees fled jobs in 2015
The number of foreign technical intern trainees who fled from workplaces last year reached the highest level ever at 5,803, greatly surpassing the previous year's figure, according to a Justice Ministry survey.
Nationwide yakuza war has officially kicked off, police say
Abenomics losing support with economists and voters alike
Seven & i to close 20 Ito-Yokado supermarket stores by February 2017

## China ##
China: A 5-Year Plan And 50 Million Jobs Lost
China Trade Balance Plunges To 11-Month Lows As Exports Crash Over 25%
Bubble Trouble: Property Prices Surge Over 50% in Shenzhen
Hong Kong's housing sales hit a 25-year low in February
China orders 'blacklist' of 31 North Korean vessels: document
Beijing Takes A Powder On Structural Reform—-Red Ponzi Now Guaranteed To Implode
Good Luck Accessing Facebook: China Clamps Down on VPNs During "Two Sessions"

## UK ##
Refugee crisis: Royal Navy ship dispatched to Aegean Sea to turn back migrants
England's waste rise blamed on 'recycling apathy'
Some of the Most Abusive Regimes in the World will be Buying Weapons in the UK this Week
Lincolnshire Council to make street light savings
More than 1,000 clandestine migrants a month reached Britain last summer
EDF turmoil exposes Britain's reliance on Hinkley nuclear plan
More than 5,000 NHS operations cancelled as doctors prepare to strike

## US ##
The Largest Movie Theater Operator in the U.S. May Soon Be Chinese
Oregon To Be First U.S. State To Ban Coal-Fired Power
HomeTown Buffet, affiliate dining chains file for bankruptcy
Smash and grab: Thieves ram car into Petaluma gun store, steal firearms
Consumers in Texas Hit by "Negative Ripple Effects"
Study: Renters' rise extends beyond big US cities to suburbs
In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new study.
Lawsuit over Flint, Michigan, crisis says 17 children have high lead levels
Dow Jones Industrial Average Falls As China Posts Bleak Export Data, Battering Stocks Linked To Commodities
Student debt load growing, so are delinquencies
U.S. to announce further easing of Cuba restrictions on March 17 - sources
Growth in Consumer Credit Slows Sharply

## The candidates ##
Thanks To The Republican Civil War, Every Scenario Ends With Hillary Clinton Winning The Election
Is Flint Water Crisis Criminal? At CNN Democratic Debate, Clinton And Sanders Say To Hold Off On Jail Time
Trump Tower Funded by Rich Chinese Who Invest Cash for Visas
Donald Trump's Failed Business Ventures Are Back in the Spotlight
Foreign diplomats voicing alarm to U.S. officials about Trump
GOP Leaders, Tech Execs Plot Against Trump At Secret NeoCon Island Meeting
Republicans launch $10 million in attack adverts in Florida against Donald Trump
Desperate Republican party spending millions on negative advertising and casting around for alternative candidates, using every means possible to stop Mr Trump from winning the party nomination
Why Did Hillary Clinton Need a Private Server? The Answer Makes Bernie Sanders President
Hillary Pushes Clean Water for Flint, Voted for Chemically-Polluted Water for the Rest of Us
Mexican president: Trump language like that of Hitler
Clinton Doubles Down Against Fracking in Debate, Raising Alarms
HRC: Fair-weather Progressive
Catholic Thinkers Urge: Don't Vote For Trump

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