Thursday, June 23, 2016


News Links, June 24, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
From Investment-Grade to Bankruptcy in 4 Months: Why Ratings Agencies are Still a Joke
Moody's: PDVSA First Domino To Fall In Possible Venezuelan Default
Royal Canadian Mint Smashes All Records, Strongest Sales Ever of Silver Maples
GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal
In Amsterdam, the Housing Market Is Showing Signs of Overheating
Chart Of The Day: Global Trade Volume Rolling Over
Puerto Rico Governor Says Shutdown Won't Prevent July 1 Default
Is the EU Preparing for Another Stealth Coup? Taking its anti-democratic approach to a whole new level.
In Surprise Twist, EU Will Resume Turkey EU Membership Talks Just Days After Brexit Referendum
Robots to Pay "Social Security" Under EU Tax Proposal
Panama Canal Expansion: Three Facts About Controversial 'Panamax' Project

## Cut, baby, cut! ##
Subsea 7 to Cut 1,200 Jobs By Early 2017
Sharp to lay off 7,000 people globally
Deutsche Bank to shut 188 German branches, cut 3,000 staff

## War on cash/cashless society ##
PayPal is warming up to bitcoin

## Airline death spiral ##
Storms Delay 900 Flights at Shanghai Airports
Alaska Airlines Passenger Arrested for Attempting to Kiss Teenage Girl
F-16s escort plane to Tucson airport after on-board disturbance
Ryanair, Aer Lingus cancel some flights between Ireland and France
Allegiant flight lands safely after tire deflates during takeoff
Iraqi-Kurdish plane makes emergency landing in Istanbul after its engine stops working

## Fault lines/flashpoints/powder kegs/military/war drums ##
Israeli Intel Chief: We Don't Want ISIS Defeated in Syria
Is the Syrian War About to Experience a Major Escalation?
The Fraudulent Case for a Syrian Escalation
Conflict among U.S. allies in northern Syria clouds war on Islamic State
North Korea Fires Second Missile After First Launch Fails: South Korea
North Korea makes apparent progress with midrange missile
Ukraine Seeks Radars, Anti-Drone Weapons
UN Report Shows U.S. is Source of Most Refugees and Wars
South China Sea Controversy: EU Calls For Free Passage Through Disputed Waters
The European Union: Government by Deception
Lawmakers to meet Netanyahu in Israel
More than 40 lawmakers will travel to Israel next month to meet with Prime Minister Benjamin Netanyahu ahead of a critical vote in Congress on the nuclear deal with Iran.
NATO General Admits Russia Is Not A Threat To The Region
Surging Far-Right Movements Across Europe Are Making Hitler Popular Again
New Cold War Feeds War Machine
The apparent madness in the Obama administration starting a new Cold War with Russia and China makes sense if viewed from the perspective of the Military-Industrial Complex, which must justify ever-larger budgets.
US Bombing Syrian Troops Would Be Illegal
Secretary of State Kerry met with dissident State Department "diplomats" to hear their call for U.S. airstrikes on Syrian government troops, but the plan is both dangerous and illegal.
Duterte asks Washington on South China Sea feud with Beijing: 'Are you with us?'
Hillary Clinton's Likely Pentagon Chief Already Advocating for More Bombing and Intervention
Putin says Russia must strengthen as 'aggressive' NATO approaches
US Commanders Seek 'Dramatically' More Ground Troops in Iraq

## Migrants/refugees ##
Interpol seeks public help to catch human traffickers
5,000 migrants rescued in wave of Med crossings

## Global unrest/mob rule/angry people/torches and pitchforks ##
Paris police ban union protest amid fears of new violence
Protesters deliver millions of dead bees to EPA headquarters
Thousands protest in the streets of Wukan after elected village chief 'confesses' to taking bribes

## Energy/resources ##
Nuclear new-build not fast enough to curb global warming: report
At the end of 2015 there were 66 civil power reactors under construction around the world and another 158 planned.
Even existing reactors can't be decommissioned. Truly, a catastrophe of planetary proportions is underway. -- RF
Last California plant to close as nuclear power struggles
Diablo's decommissioning challenges
According to a document filed with the Securities and Exchange Commission, the trust fund for Diablo Canyon is nearly $2.8 billion. That's about $1 billion shy of meeting the costs to shut down the plant.
Dutch agency calls for further cut in Groningen gas production
A Dutch advisory body has advised the government to make additional cuts to production at the Groningen gas field to reduce the risk of earthquakes in the northern province, local media reported on Wednesday.
German power grid bottlenecks hamper imports from Nordics
Peak Oil in Asia (part 1)
OPEC Says Its Oil Revenue Plunges $438 Billion to 10-Year Low
Niger Delta Attacks Threaten West African Production, Power Supply
Venezuela Oil Production Faces Worse-than-Estimated Decline
Renewable Electricity: Falling Costs, Variability, and Scaling Challenges

## Got food? ##
Killing Pests With Cow Urine: India Farms Go Full Organic
India has 650,000 organic farmers—more than any other nation.
Chicago's urban farming produces fresh veggies all year, 24/7
Looks great as long as you have electricity and other industrial inputs. -- RF

## Environment/health ##
Carbon dioxide hits record highs in Southern hemisphere
TSCA Reform: These Toxic Chemicals Are Still Allowed Under The EPA's Chemicals Law
As Southwest Burns, Climate Scientists Warn: You Ain't Seen Nothin' Yet
A record 66 million trees have died in Calif., increasing fire risk
Pools of Waste: Landmark Analysis Exposes Factory Farming Filth
One-third of hospitals in poor countries have no running water, researchers say
Demand for abortions soars in countries hit by Zika outbreak, study finds
Dutch test 'Ocean Cleanup' plan to collect floating plastic trash
Demanding Ban on Deadly Pesticides, Advocates Drop Millions of Dead Bees on EPA Doorstep
Smartphone users temporarily blinded after looking at screen in bed
New York City Could See Thousands of Heat Deaths by 2080

## Intelligence/security/internet/cyberwar ##
Mark Zuckerberg Tapes Over Laptop Camera And Microphone, Joining Edward Snowden And FBI Director James Comey
US-Israel Sign Cyber Defense Declaration
More FBI Surveillance? After Orlando, Senate Republicans Want To Let The FBI Track Data Without Warrant
Senate Rejects "Hatchet to Americans' Privacy"—But Threat Remains
Clinton IT specialist invokes 5th more than 125 times in deposition
State Department Disabled Security Software To Allow Hillary's Private Server Emails
Judicial Watch Releases State Department Inspector General Investigation Records Related to Hillary Clinton Emails
How US Wars Have Bred Terrorism
The Reagan administration inadvertently created Al Qaeda by arming the Afghan mujahedeen in the 1980s, then George W. Bush's Iraq War gave rise to ISIS. So, one might draw a lesson about overusing military force abroad.
The Long-Hidden Saudi 9/11 Connection
Meet the Senators Who Earlier Today Voted to Destroy Your Civil Liberties
Students in California Might Face Criminal Investigation for Protesting Film on Israeli Army
FBI and Police are Knocking on Activists' Doors Ahead of Republican National Convention
Russia's Problem (According To Russian Politicians): Not Enough Mass Surveillance
Turkish man given suspended jail for 'comparing Erdogan to Gollum'
A court in Turkey's southern resort city of Antalya has handed a Turkish man a suspended jail sentence of over one year for comparing President Recep Tayyip Erdogan to the "Lord of the Rings" character Gollum, a report said Thursday.

## Systemic breakdown/collapse/unsustainability ##
Death, destruction: 5 signs Rio's not ready for the Olympics
The end of the "population boom": the Seneca collapse of Ireland's population during the great famine

## Japan ##
North Korea missile reaches new heights, 'intensifying' threat to Japan
Japanese Workers Really Distrust Their Employers
Less is more as Japanese minimalist movement grows
Hon Hai says acquisition of Sharp nearly complete, confirms planned layoff of 7,000 people
Fewer young Japanese inclined to wed, males cite low incomes: poll
Japan rejects Clinton's TPP threat, won't renegotiate trade pact
Kyushu deluge continues, 700,000 people urged to evacuate
SDF to join RIMPAC drills

## China ##
Chinese Bankruptcies Surge More Than 50% In Q1; Worse To Come
"Less Meat, Less Heat": China's Plan to Drop Meat Consumption Gets Praise
Stealth China Stimulus Means Fiscal Gap Over 10%, Economists Say
Chinese internet regulator to 'cleanse' websites of 'harmful comments'
Powerful tornado strikes China; 78 reportedly dead
Skepticism in China After Wukan Confession

## UK ##
Run on banks? Brits rush to buy euros, dollars ahead of Brexit vote
Britain may face winter with record low gas stocks after outage
The dirty secret about the Brexit vote: It's all a sham
Teens 'Order Fast Food Deliveries At School'
The All-Nighter Nailbiter: Results Come In And Suddenly Everything Turns Around, Sterling Tumbles
EU referendum results live: Brexit most likely outcome says leading pollster

## US ##
Worst "Zombie States" in America "Deteriorate Faster, Further"
Some 66 million Americans have 'zero' emergency savings
Spending it all on rent: 11 million Americans spend half their income on rent.
Another 21 million spend over 30 percent of their income on rent, a record high.
What Does It take to Be Upper Middle Class?
What's left unsaid is much of the upper middle class is prospering due to privileged positions that are increasingly at risk of disruption.
Banks may have a subprime auto loan problem
The Supreme Court Just Created a Full-Blown Police State – The End of the USA Cannot Be Far Behind
Online Gun Store Sells 30,000 AR-15s In Week After Orlando
Funding Is Now Drying Up For Luxury Real Estate Developers In Manhattan
Cass Truck Transportation Index in Freefall
8 of the Auto Factories Moved to Mexico for Lower Wages Due to NAFTA
Where Are the Jobs? Mostly In Big Cities
Maintaining the status quo of red tape, high taxes, high junk fees and indifference to small business realities guarantees decline and failure.
 More Kids Now Living At Home Since The Great Depression
U.S. companies spent record amount on buybacks over past 12 months
Heroin Use In The United States Reaches A 20 Year High
Is Middle America Due For a Huge Earthquake?

## The candidates ##
Trump Appeals to Sanders Supporters and Lands First Real Punch Against Clinton
Fact-Checking Trump's Speech
Sanders: 'It Doesn't Appear That I'm Gonna Be the Nominee'
Why the Clinton Foundation and foreign money are an issue
More Troubling Evidence That Hillary Clinton Will Start WW3
Brent Scowcroft Endorses Clinton, Says She Understands Need for 'Engagement' Abroad
Wall Street cash or Elizabeth Warren: Hillary's choice
Clinton server led to security problems for State IT systems
Trump's 'unlimited' wealth may not be enough to fund his campaign
Clinton failed to hand over key email to State Department
Nearly half of Bernie Sanders supporters will not support Clinton

And finally...
Third-generation surfing pig makes debut in Hawaii

<< Home

This page is powered by Blogger. Isn't yours?