Thursday, July 14, 2016


News Links, July 15, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Why Helicopter Money Won't Push Stocks Higher
In effect, helicopter money turns the entire economy into a Ghost City.
"Soon" And "Really, Really Crazy": Starting Up The Helicopters
Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy
Will The Bank Of England Become The 55th Central Bank To Cut Rates Since 2014?
Loonie Surges As BOC Keeps Rate Unchanged, Cuts 2016, 2017 GDP, Blames Brexit, Wildfires, Weak Consumption
Germany Is About To Sell Zero-Coupon 10 Year Bonds For The First Time Ever
Japan gov't cuts economic growth outlook for FY 2016
Spain's Banks are Suddenly "Too Broke To Fine"
Corporate bond defaults cross 100, highest level since crisis
Fully 100 companies have defaulted on debt, 50 percent more than for the same period in 2015 and the highest level since 2009, according to S&P Global Ratings.
Australia Insolvencies +14%, Debt Agreements +25%, Bankruptcies +7%
Venezuela's woes deepen as Citibank shuts teller window
The Dow And The S&P 500 Soar To Brand New All-Time Record Highs – How Is This Possible?
UAE recruiter warns of 'mass exodus' of expats due to high costs, lack of jobs

## Airline death spiral ##
Lamar Odom removed from flight after drinking, vomiting
Hawaiian Airlines passenger arrested for interfering with flight crew
Q&A: How safe are Asia's budget airlines?
There have been a number of fatal accidents in the region, and as this 101 East documentary reveals, there are fears some airlines are taking dangerous, potentially life-threatening risks.
Congress passes aviation bill to close airport security gaps
Bereavement fares have disappeared on most US airlines
Security Fees Boost for Airlines (Germany)
Bomb hoax delays Oman Air flight
Allegiant Airlines cancels pair of flights
Plane forced to divert to Manchester Airport after man became 'aggressive' to crew and passengers
Chaos at Heathrow Terminal 5 as IT system crashes

## Fault lines/flashpoints/powder kegs/military/war drums ##
South Korea chooses site of THAAD U.S. missile system amid protests
Iraq War, an Unaccountable Crime
Britain's Chilcot report recalled the Iraq War lies that justified an aggressive war that claimed hundreds of thousands of lives, but this international crime has largely been sloughed off with almost no accountability.
Leaked Data Reveals How the U.S. Trains Vast Numbers of Foreign Soldiers and Police With Little Oversight
Can The US Stop A North Korea Nuclear Attack? Missile Defense System Often Doesn't Work
Bashar Al-Assad Says U.S. Is 'Not Serious' About Defeating ISIS
Kerry takes Syria strikes cooperation proposal to Russia
France Military Spending Increase: François Hollande Announces $667M Bump For 2017
The Twilight Of NATO
Welcome to "Little America": Hub for the US Military's Global Drone War
Russia Tests Hypersonic PAK-DA Bomber Capable Of Launching Nuclear Weapons From Space, Avoiding Radar
Desperate for planes, US military turns to the 'boneyard'
US Air Force facing drone and jet pilot shortage due to 'insatiable demand'
Car bomb kills seven north of Baghdad, second bombing in two days: sources

## Energy/resources ##
No balance: oil markets still oversupplied, now growth is stuttering
Nuclear renaissance: New nuclear reactor builds fall to zero in H1 2016: report
Construction starts for new nuclear reactors fell to zero globally in the first half of 2016 as the atomic industry struggles against falling costs for renewables and a slowdown in Chinese building, a report on the industry showed on Wednesday.

## Got food? ##
Venezuela army deployed to control food production and distribution
The global farmland grab in 2016: how big, how bad?  
Eight years after releasing its first report on land grabbing, which put the issue on the international agenda, GRAIN publishes a new dataset documenting nearly 500 cases of land grabbing around the world.
A solar farm not far from me uses copious quantities of herbicides to control weeds. Talk about eco-friendly! -- RF
India's big development plans could force more from homes, fuel tension: research
India's ambitious plans to develop infrastructure, mining and renewable energy threaten to force more of the most marginalized groups from their homes, widening inequality and fanning tensions, a global research group warned on Thursday.

## Intelligence/security/internet/cyberwar ##
North Carolina Law Denying Public Access to Police Body Camera Footage Causes Criticism
In first, U.S. judge throws out cell phone 'stingray' evidence
For the first time, a federal judge has suppressed evidence obtained without a warrant by U.S. law enforcement using a stingray, a surveillance device that can trick suspects' cell phones into revealing their locations.
Congress To Release Classified "28 Pages" Detailing Saudi Involvement In 9/11 As Soon As Friday

## Propaganda/censorship ##
NATO Reaffirms Its Bogus Russia Narrative
President Obama and NATO leaders signed on to the false narrative of a minding-its-own-business West getting sucker-punched by a bunch of Russian meanies, a storyline that suggests insanity or lies.

## Systemic breakdown/collapse/unsustainability ##
Must read: Some reflections on the Twilight of the Oil Age - part I
As regular readers know, I have been harping on "net energy decline" for a long time. This post deals specifically with the net energy delivered to the economy by the oil industry, and the figures are not pretty. -- RF
Transportation agencies in at least 27 states have unpaved roads, according to a new report from the National Highway Cooperative Highway Research program. They've done the bulk of that work in the past five years.
Nearly 8 of every 10 U.S. drivers admit expressing anger, aggression or road rage at least once in the previous year.

## Japan ##
As Japan's population shrinks, bears and boars roam where schools and shrines once thrived
In today's world, a population decrease is one of the best things that could happen to any country. -- RF
Beijing braces for South China Sea challenge at Asia-Europe Meeting
New UK Prime Minister Theresa May has scrapped the Department of Energy and Climate Change (DECC), and added energy policy responsibilities to the government's business department.
Trucking Company Failures on the Rise
More trucking fleets are going out of business, done in by rising diesel prices and a weak freight market.

## The candidates ##

And finally...
Giant monitor lizard walks into grocery store, scares off customers

<< Home

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