Tuesday, April 12, 2016


News Links, April 13, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic
ZIRP, NIRP, QE, Bank Collapse and Helicopters Coming Too Late - The Lehman Effect Hits Europe - Hard!
Supply Chain Slowdown
Next Shoe to Drop on Spanish Banks
BlackRock CEO Fink: Negative & Low Interest Rates Eat into Consumer Spending at Worst Possible Time
Italy Production Declines, Adding To Doubts on Pace of Recovery
Italy's Banking Crisis Is Back—-Government Desperately Seeking Bailout Fund To Address EUR 370 Billion Bad Loans
Italy Concocts €5 Billion "Atlas" Rescue Fund to Cure €360 Billion in Non-Performing Loans; At Gunpoint
Puerto Rico Debt Crisis: Island Unveils Proposal To Restructure Debt As Bond Default Looms
Now India's very own gold coins
Gold Prices Could Spike As India Resumes Imports
Supersized container ships leading to overcapacity
The Root of Rising Inequality: Our "Lawnmower" Economy (hint: we're the lawn)
IMF Likely To Trim 2016 Global Growth Forecast As Headwinds Persist
Goldman Sachs will pay $5B for fraudulent sales of toxic debt, no one will go to jail
Africa's economy could be as slow as the rest of the world's for the first time in 16 years
Chart Of The Day: Map Of $7 Trillion Of Negative Yield Government Bonds
PC Shipments Fall for 6th Consecutive Quarter
Real estate project completions at 10-year low in Abu Dhabi

## Cut, baby, cut! ##
Nomura To Close Europe Equity Business, Cut American Jobs
AI and Robots Are Coming for Your Job. Here's What You Need to Know
Citigroup Said to Plan 70 Job Cuts Across London Trading Units

## War on cash/cashless society ##
How a Cashless Society Could Embolden Big Brother
When money becomes information, it can inform on you.
The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless
This week on "It's Our Money": Stephen Lendman and Going Cashless

## Airline death spiral ##
Security fears rise as airline chiefs are forced to think the unthinkable
'You're going to pay for everything!': Passenger has meltdown after 12-hour flight delay (includes video)
Police had to be called to an airport in Miami after a passenger became hysterical and screamed at airline staff over an extensive delay that made her miss her Disney cruise.
Southwest Airlines Flight Diverted After Leaving Love Field after Cabin Pressure Drop
How Airport Security Could Change in the Wake of the Brussels Attacks
Few airports require employee screening before work
Court told air passenger got angry when refused extra nuts
Bomb squad called to airport over marijuana grinder
Brussels airport closed due to air traffic control dispute
Soaring air fares nudge inflation away from near-zero levels
Three more unruly Chinese tourists have dishonor of being added to travel blacklist

## Fault lines/flashpoints/powder kegs/military/war drums ##
N Korea senior intelligence officer 'defects to South'
As Ukraine Collapses, Europeans Tire of US Interventions (Ron Paul)
Terror Profits — Arms Makers Rejoice as American Bombs Drop Faster than they Can Make Them
Netanyahu: Israel has carried out dozens of strikes in Syria
Iran Releases Video Showing Arrival Of First Russian S-300 Missile System
Will Brazil's President Dilma Rousseff Be Impeached? Lawmakers Move A Step Closer With Vote
Taliban announces start of spring offensive in Afghanistan
Boko Haram Fighters Killed, Commanders Arrested And 1,275 Hostages Freed, Nigerian Army Says
Japanese destroyers visit Vietnam's Cam Ranh Bay
Inside Erik Prince's Treacherous Drive to Build a Private Air Force
'Yats' Is No Longer the Guy
Several weeks before Ukraine's 2014 coup, U.S. Assistant Secretary of State Nuland had already picked Arseniy Yatsenyuk to be the future leader, but now "Yats" is no longer the guy.
"The Pirates Are Coming" – Iceland's Pirate Party Polls at 43% Following the PM's Resignation
Israel destroyed 523 Palestinian structures in 3 months
Israeli occupation authorities (IOA) destroyed 523 Palestinian homes and civilian structures in the West Bank since the start of 2016, with an increase of 275% from last year, a Palestinian center reported Sunday.
Russian National Guard to get license for peacekeeping operations abroad
Taiwan Lifts Punishment For Those Altering Passports With "Taiwan" Stickers

## UAVs ##
Iran's new aerial drone makes maiden flight

## Migrants/refugees ##
Greece expects first asylum decisions under EU deal in two weeks

## Global unrest/mob rule/angry people/torches and pitchforks ##
Macedonia police use tear gas on refugees at Greece border camp
"Up All Night" Protests Spread to French Prime Minister's House, Teargas Used; Comparisons to US
Okinawa protesters call for return of Futenma 20 years after pact was reached
Democracy Spring: 'Just the Beginning' as 400 Arrested on Capitol Steps Protesting Big Money in Politics (US)
Protesting 'Shameful' Greed, 40,000 Verizon Workers Set to Strike Wednesday
More than 4,000 protesters set to take part in anti-austerity demonstration in central London

## Energy/resources ##
The Oilfield Services Model Is Broken
Horizontal Land Rig Count Summary 8th April 2016
BP CEO Gets Huge Raise, after Record Loss, 5,000+ Layoffs
US Shale Oil Firms Feel Credit Squeeze As Banks Grow Cautious
Low tech: Power Water Networks
Chevron, Shell, and Total See Credit Ratings Slashed
Marathon Oil unloads more than $1 billion in assets
This Device Could Provide a Third of America's Power
The Triton is designed to harvest wave energy without using moving parts that can break down in the brutal ocean.
EIA: U.S. shale oil output to fall 114,000 barrels a day in May
Global leaders are very worried about water shortages

## Got food? ##
Pork Shortage in China Leads to Soaring Prices, Rush to Import
Food prices rise on back of expensive vegetables (NZ)

## Environment/health ##
Zika may be linked to autoimmune brain disorder
Zika Virus In US: CDC Says Disease-Linked Mosquitoes In 30 States, 'A Bit Scarier Than We Initially Thought'
Pentagon monitoring 190 bases most at risk for Zika
The population problem: should the Pope tell people to stop breeding like rabbits?
Severe heatwave closes Malaysian schools
Lawsuits Charge that 3M Knew About the Dangers of Its Chemicals
Study: Pollution Leads to Thousands of Premature Births Each Year
A good night's sleep helps keep you healthy

## Intelligence/security/internet/cyberwar ##
Brennan: CIA won't waterboard again
Syria War Update: Bashar Assad Removal Is 'Red Line,' Iranian Official Says
Video of the Day – 60 Minutes Explores the Saudi Links to 9/11 Attacks
US Naval Flight Officer Faces Trial for Passing Military Secrets to China
Petya ransomware encryption system cracked
Petya ransomware victims can now unlock infected computers without paying.
OK, panic—newly evolved ransomware is bad news for everyone
Three-fourths of websites are at risk of malware: Study
Swiss Bank Whistleblower Claims Panama Papers Was a CIA Operation
Privacy Shield: Leaked Report Suggests EU Regulators Will Reject Proposed EU-US Data-Sharing Deal
Updated Qbot virus attacks public sector organizations
U.S. military says using cyber capabilities against Islamic State
Uber says gave U.S. agencies data on more than 12 million users

## Propaganda/censorship ##
'Hire some new redactors': How US hinders records requests
South Korea pre-election speech freedoms seen falling victim to sudden online curbs
Great Firewall Necessary to Keep Out Western Propaganda, Chinese Newspaper Says
New Campaign Seeks "Ideological Consistency" (China)
Germany Could Charge Comic for Insulting Turkey's President

## Systemic breakdown/collapse/unsustainability ##
Tesla Recall: Electric Automaker Calling Back 2,700 Model X SUVs Over Faulty Seats
Volkswagen delays recall of 160,000 cars due to software glitch
Don't be fooled - Elon Musk's electric cars aren't about to save the planet
Sweden Overwhelmed By 'Gypsies' As "Begging Has Become An Occupation"
The Wages of Sin
Huge segments of working-class whites—victims paying for the sins of American empire—are desperately seeking to halt change and re-create a mythical past. This is always the last, desperate gasp of a dying culture.
Unpave low traffic roads to save energy and money

## Japan ##
BlackRock Joins $46 Billion Japan Pullout
BOJ Backfire Hangs Over Central Bankers as IMF Confab Starts
Good Job, Kuroda-San—-Japanese Government Bond Market Is Dying
Former IMF Chief Economist Admits Japan's Doomsday Scenario Is Now In Play
Radioactive wild boars overrun northern Japan 5 years after nuclear disaster
Japan prepares for release of tritium from Fukushima plant
TEPCO exec says he knew standards for judging meltdown before Fukushima disaster
An acting general manager at Tokyo Electric Power Co. (TEPCO), owner of the crippled Fukushima No. 1 Nuclear Power Plant, said April 11 that he was aware of standards in a company manual for ascertaining meltdowns before the outbreak of the Fukushima disaster in 2011 -- conflicting with the company's statement that no one noticed the existence of standards.
Japan Sends Warship To Indonesia Amid Increasing Role In South China Sea Tensions
Olivier Blanchard eyes ugly 'end game' for Japan on debt spiral
Ghost ships from North Korea mystify Japan
Foreign media miss talks by A-bomb survivors

## China ##
China says its steel overcapacity will remain
Significant overcapacity will remain in China's steel sector even after planned restructuring, industry executives said at the weekend, suggesting no let-up for the beleaguered industry's plant closures and job losses across the globe.
Disaster Ahead—–China's Elephantine Steel Industry Cannot Be Rationalized Without Massive Dislocations At Home And Abroad
AEP: Beijing 'must devalue yuan by 15pc' to avert crisis
The New Middle Kingdom Of Concrete And The Red Depression Ahead
China goes prospecting for world's gold mines
Bubble? Who Cares About Bubbles? Chinese Buyers Double Their Aussie Property Investments, Again!
Decline and fall: the broken dreams of a Chinese coal-mining city struggling to address industrial overcapacity
80% of groundwater in China's major river basins is 'unsafe' for humans: study
Is China's Economy in even Deeper Trouble than We Think? Rail freight volume plunges to 2007 levels.
Chinese Scions' Song: My Daddy's Rich and My Lamborghini's Good-Looking

## UK ##
British Banks Paid Almost $75 Billion In Misconduct Fines Since 2000, Study Shows
Tata Steel To Begin Formal Process For Sale Of Loss-Making UK Plants
'UK Muslim ghettoes' warning
"No parties": London toilet for rent at £3,000 per month
UK economic growth 'to soften further'
Hit by Panama row, UK's Cameron announces new tax evasion law in 2016
Brexit threatens to cause 'severe global damage', warns IMF
Britain's Covert War in Yemen

## US ##
The education and employment myth: Almost two-thirds of people in the labor force do not have a college degree.
You've Been Warned – Ben Bernanke Praises "Helicopter Money" in Latest Blog Post
Pension pipe dreams put taxpayers on hook: Analysis
State/Local Pensions Systems Face Disastrous $3.4 Trillion Funding Hole
Court Rules Police Can Legally Make Up Lies to Pull People Over to Fish for Criminal Behavior
For 6th Year Running, Economists' Growth Expectations Collapse
Here's another tax dodge for billionaires
It's not looking good for the major U.S. banks
US Commercial Bankruptcies Suddenly Soar
Hate Taxes? You Certainly Are Not Alone…
Chart of the Day – Wall Street vs. Main Street
Sales of Short-Term Health Plans Soar as Americans Flee Expensive Obamacare
Peak Preowned: Used Car Inventory Hits Record Level; Congratulations, You Are Qualified
Subprime Makes a Comeback; Auto Loan Crisis is Here

## The candidates ##
Men Brawl at N.Y. Trump Rally as Candidate Complains of 'Crooked' Nominating Process
Sanders Annoys Democratic Establishment
The Democratic establishment is growing impatient with Bernie Sanders who continues to delay the party's long-planned coronation of Hillary Clinton.
A Look at the Troubling Worldview of Ted Cruz's Foreign Policy Adviser

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