Sunday, July 31, 2016

 

News Links, August 1, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Deflation Alert: World Trade Growth Has Ground To A Halt
A Decade of Evidence Demonstrates The Dramatic Failure Of Globalisation
Central Bankers are Driving Us All Into the Dirt — The Great Unwind has started
No clean bill of health for EU banks in stress test
Italian bank raises billions after poor show in stress tests
Monte dei Paschi's last-ditch rescue plan faces high hurdles
Ireland Jails 3 Top Bankers over 2008 Collapse, the Opposite of What the US Did
French second quarter growth unexpectedly grinds to a halt on weak consumer spending
Negative Interest Rates: Spreading Like A Financial Cancer
Canada GDP Shrinks Most Since 2009 as Wildfires Crimp Oil Output
Deutsche Bank: Not Even Fiscal Stimulus Will Save Global Growth
Of course it won't. This is an energy problem, not a money problem. That's why all economy- and finance-related measures are proving worse than useless. -- RF
Citigroup, HSBC Jettison Customers as Era of Global Empires Ends
This Canadian Oil 'Ghost Town' Is For Sale
US economy 'close to stagnant for almost a year' as growth shudders
Rating agency DBRS keeps negative outlook on big Canadian banks as Ottawa moves ahead on 'bail-in' regime
Battered Mongolia looks to mining, property markets for revival
Saudi Arabia Oil Demand Growth at 6-Year Low as Economy Sputters
Saudi Banks Offered $4BN Bailout To Avoid Liquidity Crisis
Dollar Crisis in Egypt; Egyptian Pound Crashes on Black Market; Another Devaluation Likely
Bank of England Rate Cut Odds Hit 100% as Growth Estimates Sink Most on Record; Where to for British Pound?

## Cut, baby, cut! ##
Microsoft to cut 2,850 more jobs
10 e-commerce companies that cut jobs recently

## Airline death spiral ##
Videos capture unruly passengers on Charlotte flights
Airlines warn Britain's airports are becoming a 'wild west' with fast food chains and coffee shops selling alcohol to passengers
American Airlines passenger captured video of flames shooting from wing
Man arrested for doing yoga, threatening United crew owes airline $44K
The pressure is on to cut airplane emissions, but some airlines don't yet want the planes that could help
'Overtired' FlyDubai pilots raise concerns about airline rotas
Hackers hit Vietnam airport check-in screens, divert online traffic to 'bad websites'
Dutch Heighten Security At Amsterdam Airport, Citing Threat `Indications'
Airports facing crackdown on how they sell alcohol in bid to reduce incidents of drink-fuelled air rage
Figures show at least 442 people were arrested in the two years to March 2016 on suspicion of being drunk on a plane or at an airport.
Mainland Chinese woman arrested for throwing orange juice at Cathay Pacific flight attendant
Looking for work? Airlines will need 617,000 pilots over next 20 years
Airlines End Their Losing Battle With the TSA
Thousands face canceled, delayed flights in Air France strike

## Fault lines/flashpoints/powder kegs/military/war drums ##
Lurching Toward World War III
Anti-Russian hysteria has reached extraordinary levels in Official Washington with heated allegations about Russia hacking Democratic Party emails, but this over-the-top "group think" threatens the world's future.
US Air Force seeks new land-based and air-launched nukes
Advancing what could become a near-total rebuild of the U.S. nuclear weapons arsenal, the Air Force on Friday solicited industry proposals to build a new fleet of land-based nuclear missiles as well as replacements for its air-launched nuclear cruise missile force.
Attempt at U.S.-Russia cooperation in Syria suffers major setbacks
Russia: We Will Work With UN on Syria Corridors
India Wants Russian Sukhoi Fighter Jets To Upgrade Fleet For $8 Billion
Turkey Kills 35 Militants After They Try To Storm Base, Officials Say
Erdogan Says To Close Military Schools, Rein In Armed Forces
Reports Turkish troops have sealed off Incirlik US/NATO nuclear air base
Israel and U.S. are close to a deal on the biggest military aid package ever
As Israel Prospers, Obama Set to Give Billions More in Aid While Netanyahu Demands Even More
Network Close To NATO Military Leader Fueled Ukraine Conflict
Working with dubious sourcing, a group close to NATO's chief military commander Philip Breedlove sought to secure weapons deliveries for Ukraine, a trove of newly released emails revealed. The efforts served to intensify the conflict between the West and Russia.
As the Saudis Covered Up Abuses in Yemen, America Stood By
Is It an Island or a Rock? Ruling Could Cost U.S. a Huge Swath of Ocean
Weapons stolen from arms room on US military base in Stuttgart
West Bank Home Demolitions Hit 10-year High
The Fallacy of 'Regime Change' Strategies
Philippine crime war packs decaying jails
U.S. to deploy B-1 bombers to Guam for first time in a decade

## Migrants/refugees ##
Refugee crisis: 2016 on course to be deadliest year on record as thousands of asylum seekers drown in Mediterranean
Barcelona Unveils Refugee 'Shame Counter' To Track Deaths In The Mediterranean
Turkish coup 'increases' migration flows to Greece
Turkey says to back away from EU migrant deal if no visa-free travel

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hundreds protest death of black man after Canadian police arrest
UN to send police force to Burundi as unrest continues
Protests in Berlin show divides of Germany's open door migrant policy
Tens of Thousands in Congo Call for Elections as Scheduled

## Energy/resources ##
Breakthrough solar cell captures CO2 and sunlight, produces burnable fuel
If new "artificial leaves" cannot be made with the output from existing leaves, while at the same time leaving an appreciable energy profit, this invention won't be of any use in propping up industrial civilization. Every new invention now is claimed to be a "game changer," but the devil is in the details. -- RF
Forget Inventories – Drilling Cutbacks Will Lead To Much Higher Oil Prices
The iron equipment that works to put oil into storage vessels is going idle the world over. Every week, an increasing number of drilling rigs are hosting weeds and barnacles.
Shell Disappoints Analysts With Abysmal Earnings Report
Why I Am Skeptical Of Electric Vehicles
Study highlights electric grids' vulnerabilities to extreme weather
Study: Wind & Solar up to 5X More Costly than Existing Coal and Nuclear
Exxon Has Worst Profit Since '99 as Chevron Posts Surprise Loss
South Australia starts consultation on plan to build nuclear waste dump in state
Asia's June Iran oil imports jump 47.1 percent year-on-year to more than four-year high
Blood Continues To Flow In The U.S. Oil Industry As Precious Metals Rally
The top three U.S. oil companies released their financials today and the results were completely horrible.  Exxon Mobil was the only one of the three that still made a profit for the first half of the year, however it was down a stunning 62% compared to the same period last year.
Brazil's Petrobras sells pre-salt oil field to Norway
From solar boom to bill shock: Australians face loss of rooftop payments

## Got food? ##
Venezuela calls for mandatory labor in farm sector
Starving Venezuelans Break Into Zoo And Eat Equally Starving Animals

## Environment/health ##
Florida's 4 Zika Cases Likely Came From Local Mosquitoes: Gov. Scott
Zika: The Emerging Epidemic
Secondhand Marijuana Smoke Effects: Residual Pot Is Worse Than Smoke From Tobacco
Monsoon deluge in Indian cities causes traffic chaos, sewage swirls
Scientists Caught Off-Guard By Record Temperatures
Deadly invasive New Guinea flatworm spreading in Florida
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases
Surging asbestos use in Asia creating slowly ticking health time bomb
The Fix Is Out: Product Repairs Get Tougher in New Age of Obsolescence
Toxic legacy of US assault on Fallujah 'worse than Hiroshima'
The shocking rates of infant mortality and cancer in Iraqi city raise new questions about battle.
Forget Tornadoes. Rain Bombs Are Coming for Your Town
Hope for 'end of Aids' is disappearing, experts warn

## Intelligence/security/internet/cyberwar ##
Is the Elite Media Failing to Reach Trump Voters?
This is an interview with Glenn Greenwald, and is actually a wide-ranging conversation. -- RF
Another "Smoking Gun" Looms As Hillary Campaign Admits Server Hacked
Russia says spyware found in state computer networks
How the Chinese Government Became the World's Hacking Superpower
The Cyberwars Begin: NSA Hackers Target Russian Cyber Spies As Kremlin Says It Is Being Attacked
After Cracking Down On Tens Of Thousands Of Enemies, Erdogan Says He's Dropping His 2000 Lawsuits Over Insults
Impact on RCMP is unclear after entrapment ruling in B.C. terror trial (Canada)
Disney could track park guests by their shoes with shoe-scanning technology
How To Fool AI Into Seeing Something That Isn't There
A Virus Altered the Face of Security in Iran
Former Cybersecurity Director: 'Idiots' Want to Attack Russia Over DNC Hack

## Propaganda/censorship ##
Egypt's secular rulers are making mosques read government-written sermons

## Systemic breakdown/collapse/unsustainability ##
Social Fragmentation Suits the Powers That Be
The Elites have successfully revolted against the political and economic constraints on their wealth and power.
Puerto Rico Towns to Share Services, Cut Costs Amid Crisis
Reclaimed city off Singapore triggers ecology fears
Aging workforce puts strain on skilled manufacturing workers
Inside the aging lock that is one breakdown away from crippling North America's economy

## Japan ##
Sony's Profit Falls on Yen, Lagging Cellphones, Japan Quake
Panasonic net profit tumbles 64% as shade falls on solar power sales in first quarter
US Military In Okinawa To Facilitate Largest Land Return To Japan Since 1972
Wild Swings in Nikkei, Yen as BOJ Disappoints Markets That Expected More QE
Molten fuel at the bottom of Fukushima reactor
Public fund may help decomission Fukushima
Government considers banning humans from Nishinoshima island
Japan's farming population falls below 2 million for 1st time: survey
Bears in Japan may be turning into man-eaters
Pay Attention To What BoJ Did Do
Helicopter money talk takes flight as Bank of Japan runs out of runway
Japan's oil imports from Iran rise by 200%

## China ##
Heat Wave Burns Up China, 19 People Dead So Far
Xi's External Propaganda Machine on Overdrive
Authorities Attempt to Manage Rising Labor Unrest
In recent years, China's slowing economy has led to a steady growth in labor unrest, with China Labor Bulletin having recorded more than twice as many strikes and protests last year compared to 2014.
China Steels Its Resolve, But 'Zombies' Abound
Pro-independence activist banned from Hong Kong elections
Want to Drive in Beijing? Good Luck in License Plate Lottery
China Iron-Ore Stockpiles Post Biggest Monthly Gain in 2016

## UK ##
Hinkley Point: Surprise delay for nuclear plant deal
UK's May worried by China investment, intervened to delay Hinkley
Thousands of Yorkshire homes warned not to use tap water after bacteria fears
Five-pence charge has saved six billion plastic bags
Protesters throw hundreds of live insects into Byron burger restaurants amid backlash over immigration raids
The UK is telling pregnant women to postpone trips to Florida because of Zika
Bank of England poised to slash growth forecast by biggest margin on record
Tree disease could wipe out London's most historic vistas
Brexit: Surge in anti-immigrant hate crime in areas that voted to leave EU

## US ##
Another Leveraged Buyout Bites the Dust
Bye Bye Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever
Well, so much for Dubya's "ownership society"! -- RF
Two San Diego police officers shot, conditions unknown, police department says
What Escape Velocity——3 Straight Quarters Of @1% GDP
How slow is US economic growth? 'Close to zero'
Cook County Pension Liability Skyrockets from $6 to $15 Billion
New York to Decide on $500 Million-a-Year Nuclear Power Lifeline
New York is poised to decide whether customers should spend about $500 million a year to save its money-losing nuclear reactors.
US Admits It "Found A Problem" In Calculation Of GDP
America's Aging Baby Boomers, Forced To Work Until Death, Blamed For Collapsing US Productivity
The Massive Prop Barely Holding up the US Economy Cracks
It was the second warning in two days: auto sales – last year one of the few booming sectors in the US economy – are exiting the freeway and turning south on a road full of potholes. And that would come at the worst possible time.
UBS Debunks "Strong Consumer" Farce Saying Consumer Credit Cycle Is In "Later Innings"
If You're Worried About Russians Hacking, Maybe Help Fix Voting Machine Security
Chicago Pension Situation Improving Says Mayor: Careful Analysis Uncovers Lies

## The candidates ##
Fact-Checking Hillary Clinton's Speech
Hedge-Fund Money: $48.5 Million for Hillary Clinton, $19,000 for Donald Trump
Trump's Russia reset ideas alarming allies, many in US
Don't blame Bernie's #NeverHillary voters if Trump beats Clinton
Hillary Clinton and Her Hawks
Focusing on domestic issues, Hillary Clinton's acceptance speech sidestepped the deep concerns anti-war Democrats have about her hawkish foreign policy, which is already taking shape in the shadows.
Hillary Lead Over Trump Surges After Reuters "Tweaks" Poll
Mike Pence Rally Interrupted by Protesters, a First for the VP Candidate's Campaign
Trump to consider recognizing Russian control of Crimea
Backlash Grows Over Trump's Comments on Dead Muslim Soldier's Parents
Why The IRS Is Probing The Clinton Foundation
Clinton to 'Reset' Syria War, Focus on Ousting Assad
According to Democratic presidential nominee Hillary Clinton's foreign policy adviser, she would order a "full review" of the Syrian war as her first task upon taking office, with an eye toward a "reset" of the conflict to shift focus toward attacking the Assad government and imposing regime change.

And finally...
'Kidnapped' Gnome Returned to Canada After Apparent 8-Month Trip to Mexico and US




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