Tuesday, June 21, 2016


News Links, June 22, 2016

Happy Summer Solstice!

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Wall Street has been rocked by an $8 billion hedge fund's implosion
Caterpillar Retail Sales Decline For Unprecedented 42nd Consecutive Month
Brazil's Telecom Oi files for record bankruptcy
Why Italy's economy is about to collapse
Persian Gulf state producers issue debt to keep investments on track
Canadian Pacific Railway cuts revenue forecast 12% on deep drop in freight volumes
Target2 Imbalances Grow: ECB Overtakes Greece as Third Largest Debtor
96% of trades on the Shanghai Gold Exchange settled in physical metal
Banks weakening throughout Europe and even in U.S., Turk tells KWN
The nonperforming loans of Italian banks are now far greater than the banks' equity, GoldMoney founder and GATA consultant James Turk tells King World News today, adding that bank solvency is declining throughout Europe and even the United States. Since so much more debt has been created in recent years, Turk says, the next financial crisis is likely to be far worse than previous ones.
Regulator Alleges Sweden's Largest Bank Has $9.7 Billion Capital Shortfall

## Cut, baby, cut! ##
More Banker Layoffs: RBS To Cut Another 900 Jobs

## War on cash/cashless society ##
Winkelvoss twins are expanding their Gemini bitcoin exchange outside of the US

## Airline death spiral ##
Passengers describe fire, panic on diverted flight (US)
Two planes in trouble at Baltimore airport, takeoffs delayed
Brawling passengers delay departure of Chinese domestic flight for five hours
Passengers Riot After Flight Leaves Without Them (Germany)
It's So Hot Some Planes Can't Fly—Here's Why
Man accused of assaulting 13-year-old passenger on American Airlines flight

## Fault lines/flashpoints/powder kegs/military/war drums ##
The New Iron Curtain—–A Monument To Washington's Imperial Folly
Trolling for War With Russia
German FM: NATO Must Stop 'Warmongering' on Russia, Says 'Tank Parade' on Eastern Border Won't Bring Security
US Nato general fears rapid Russian troop deployments
The commander of US troops in Europe says Nato cannot rapidly deploy large forces to Eastern Europe in the way that Russia can.
Obama Resists State Dept Push for Syria Regime Change
It's Not Just the UK – Widespread Support for EU Referendums Seen Across the Continent
US Drones Hit Taliban More Than Terrorist Networks Despite End of Afghan War
Soros sees Russia emerging as global power as EU fades
Juncker Proclaims Himself All-Knowing God of EU
France at risk of catching referendum bug
Turkey to Install New Air-Defense Systems on Syrian Border
U.S. Army War College Paper: Preparation for Megacity Operations
N. Korea fails again with new missile test: S. Korea
Israel's Water Siege of Palestinians
Neocon domination of the U.S. foreign policy establishment has foreclosed serious debate over Israel's strangling control of Palestinian water resources and what that means for the future of that ghetto-ized population.

## UAVs ##
White House Unveils New Rules on Small, Low-Altitude Drones
Long-Awaited Domestic Drone Rules Won't Stop Peeping Drones
Send the kids to drone camp this summer

## Migrants/refugees ##
UN says 65 million people displaced in 2015, a new record
'Climate of Xenophobia' Gripping Europe, UN Official Warns

## Global unrest/mob rule/angry people/torches and pitchforks ##
LRAD's, steel batons and armored personnel carriers: Cleveland cops stocking up before GOP convention
Activists Blockade NRA Entrance to Protest 'Relentless' Gun Lobby

## Energy/resources ##
Slavery At Sea: The Ugly Underbelly Of Oil Shipping
California power grid passes first heat wave test amid gas shortage
Why the hyperloop is no green transport miracle
Why We Can Expect Cripplingly Higher Oil Prices In The Near Future
Oil Majors Are Turning To Russia For M&A Opportunities
Saudi Oil Exports Reach Six-Month Low
California's last operating nuclear power plant to close by 2025
A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising
German Government Agrees to Ban Fracking Indefinitely

## Got food? ##
Venezuelans Ransack Stores as Hunger Grips the Nation
Pathways of transition to agroecological food systems
A new report by leading sustainability experts has reaffirmed the case for a paradigm shift from industrial agriculture to diversified agroecological systems – fundamental to which is a call for redistributing power back into the hands of those who feed the world.
12 superfoods you should grow in your garden
Traditional irrigation keeps water flowing in drought-hit India

## Lifestyle solutions ##
Green funerals: Smiths Falls, Ont., funeral business dissolves the dead, pours them into town sewers

## Environment/health ##
Hot Mess: States Struggle to Deal with Radioactive Fracking Waste
Potentially dangerous drilling byproducts are being dumped in landfills throughout the Marcellus Shale with few controls
The end of the "population problem"? Another Seneca cliff in our future
Rising Tide of 'Politically Acceptable' Killings Spells Danger for Environmentalists Worldwide
US Gulf Coast unprepared for "the virus from hell"
Gold trader Tanaka Kikinzoku boasts reagent that quickly detects Zika infection
Oil-rich Oklahoma hit by 3.7 tremor
State geological agency reported more than a dozen seismic events since Friday.
In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
The legacy of oil is toxic. And that of nuclear power is far worse. -- RF
Fracking: Serious Environmental Concerns
New fires erupt in California as heatwave sears Southwest
Two L.A.-area wildfires threaten to merge after forcing evacuations
Commercial brain-training programs often have placebo effect
Unprecedented Bleaching Event Portends Mass Death of World's Coral Ecosystems

## Intelligence/security/internet/cyberwar ##
Orlando Shooting: PGA Village residents want answers from security firm
Before Omar Mateen Committed Mass Murder, the FBI Tried To Lure Him Into a Terror Plot
New revelations raise questions about the FBI's role in shaping Mateen's lethal mindset.
Facebook hosts a lot of fake news, and big brands say it's on you to sort it out
Hack the Pentagon sparks era of government bug bounties
Chinese cyber attacks on targets in US have plummeted, say experts
South Korea trains next generation of keyboard warriors
Indonesia, S. Korea central banks hacked; no losses reported
Republican Senators Use Orlando Shooting to Push for Increased Government Spying Powers
Clinton Foundation Said to Be Breached by Russian Hackers
Wall Street Employee Surveillance Software Flags Whistleblowers, Press Contacts
After Orlando, Democrats and Republicans Clamor for Expanded Police State
Loretta Lynch Admits That Federal Authorities Have Lost The Orlando Shooter's Wife
They were supposedly going to find out what she knows, but maybe someone found that she knows too much. -- RF

## Propaganda/censorship ##
Fang Binxing on Great Firewall "Incompetence"
Destroying the Magnitsky Myth
A new documentary blows apart the West's Russia-bashing narrative about the 2009 death of Sergei Magnitsky, so the response has been to stop the public from seeing the film while calling it Russian "agit-prop."
WPost's 'Agit-Prop' for the New Cold War
The Washington Post, the neocons' media flagship, has fired a broadside at a new documentary after it blasted a hole in the side of the anti-Russian Magnitsky narrative, which helped launch the new Cold War.

## Systemic breakdown/collapse/unsustainability ##
Chicago records 300th homicide with 13 over Father's Day weekend
Chicago's most violent neighborhoods brace for deadly summer

## Japan ##
78% of top 100 companies say Japan's economy is 'at a standstill'
Japan May Exports Fall On Earthquake Disruption, Emerging Market Slowdown
IMF calls for overhaul of Abenomics stimulus policies
Japan on high alert amid signs North Korea is preparing new missile launch
Cockroaches in Japan becoming 200 times more resistant to insecticide
Japan's retirees heading back to work as firms face labor shortages
TEPCO head apologizes for ban of term "meltdown" in Fukushima crisis

## China ##
China: Is peak coal part of its problem?
El Niño Flooding Along China's Yangtze River Kills Dozens, $550 Million In Damages Reported [PHOTOS]
Inconsistencies emerge from Hong Kong bookseller Lam Wing-kee's comments on his detention
World's fastest supercomputer is entirely made in China: report
China to launch tourist cruise route in disputed South China Sea
GOLDMAN SACHS: China's 7-year debt boom is one of the biggest and fastest in history
China to generate a quarter of electricity from wind power by 2030

## UK ##
Panicked Brits Rush To Buy Gold Bars, Stuff Them In Home Safes
56,000 Britons a year will develop cancer because they are too fat, shocking report warns
Britain's Poorer Communities, Hit Hardest By Bank Closures, May Face Shutout
Britain's largest banks are disproportionately closing branches in the lowest-income areas while expanding in wealthier ones, taking bricks-and-mortar services away from communities where they are arguably needed most, an analysis by Reuters shows.
Dog owners warned over Alabama Rot, the fatal fungal infection spreading across the UK
Asking prices for homes in England and Wales rise to record high
Hidden homeless: the students ashamed to admit they've nowhere to sleep
My Local retailer faces administration after Morrisons sale

## US ##
US Freight Drops to Worst May since 2010
Werner Issues "Disturbing" Warning About State Of Trucking And Logistics Industry
Is The End In Sight For Alaska's Oil Based Economy?
4 dead in killer Southwest heatwave
10 years after housing peaked, US is more of a renter nation
For minorities, pain is severe decade after housing peaked
Pimco Says 'Storm Is Brewing' in U.S. Commercial Real Estate
More Kids Now Living At Home Since The Great Depression
If You Want More Jobs and More Job Stability, Disrupt More, Not Less
Reducing disruption to protect the privileged status quo is akin to poisoning the patient to "protect them from harm."
NY Fed Warns about Booming Subprime Mortgages, now Insured by the Government
Sleight of data: Retail Sector Adds 253,000 Jobs in 10 Months but Aggregate Hours Worked Unchanged: Why?
Millennials engage with their smartphones more than they do actual humans

## The candidates ##
Trump's Anti-Interventionism—–The Neocon's Hate It, But The Anti-War Left Has Taken Note
"People Are Expecting A Brawl" - Trump/Clinton Debates Likely Most-Watched Ever
Man At Vegas Rally Aimed To Shoot Trump, Police Say
Clinton: Trump Would 'Bankrupt America' Like One of His Casinos
AP FACT CHECK: Clinton takes liberties in Trump takedown
Think You've Got It Locked, Hillary? Meet Jill Stein.
Clinton's Progressive Beacon Is a Former Goldman Sachs Banker and Bob Rubin Protégé
Lewandowski Is Out as Trump's Campaign Flails Like a Desperate Startup
Trump: "Crazy Bernie" Sanders Staying in Race For "FBI Convention" Because Hillary Might Get Indicted
Leaked Guide Shows Clinton Staffers How to Solicit for Super PAC Without Breaking Pesky Rules

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