Tuesday, October 04, 2016


News Links, October 5, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Ocean Container Industry To Consolidate: Maersk Looks To Make Quick Acquisitions
Hanjin Shipping collapse leaves up to 15,000 cargo containers piled up
Is the U.S. Dollar Set to Soar?
CEOs of Australia's Biggest Banks Are Set to Face Parliament
Singapore Home Prices Slide by Most in More Than Seven Years
French Unemployment Soars: Will Hollande Keep His Word or Will He Humiliate Himself?
Christine Lagarde, scourge of tax evaders, pays no tax
Germany's Deutsche Bank, Again in Trouble, Received a U.S. Bailout Twice as Big as Lehman Brothers
Deutsche Bank "Is Probably Insolvent"
Backlash to World Economic Order Clouds Outlook at IMF Talks
"The backlash against globalization is manifesting itself in increased nationalistic sentiment, against the outside world and in favor of increasing isolation," said Louis Kuijs, head of Asia economics at Oxford Economics in Hong Kong and a former IMF official.
Global Banks Fight Back on Brexit, Warning $51 Billion at Stake
Capital Flight in Italy, Spain Intensifies: Italy Target2 Balance Hits Record Negative, Spain Close Behind
Summers floats idea of sustained stock purchases by government

## Cut, baby, cut! ##
ING plans to shed 7,000 jobs, invest in digital platform
Clinton Foundation plans to lay off 74 employees
20,000 Job Cuts Show Profit Struggle at Europe's Banks: Chart

## Airline death spiral ##
JetBlue Is Turning Supermarket Clerks and Baggage Handlers Into Pilots
Boeing, Airbus throttle back output of big jets
What One Flight Attendant Has to Say About Unruly Passengers

## Fault lines/flashpoints/powder kegs/military/war drums ##
India-Pakistan Conflict Update: Militants Attack Indian Army Post In Kashmir, Ceasefire Violations Reported
Philippines' Duterte says China, Russia supportive when he complained of U.S
Philippines President Duterte tells Obama 'you can go to hell'
South China Sea Conflict: Indonesia, New Zealand, Australia, Malaysia, Singapore and Britain Plan War Games
Latin America: The Empire Strikes Back
Obama Warned to Defuse Tensions with Russia
Syria civil war: Turkey sends 1,000 special forces on secretive mission to secure 'security zone' across border
US Calls Off Syria Peace Talks With Russia
'There's no alternative': Russian UN envoy says US decision to suspend Syria contacts 'regrettable'
UN vows to push for political solution in Syria
Russia Suspends US Plutonium Disposal Agreement
Turkey Suspends 12,800 Police Officers From Duty
Indonesia air force holds big military exercise in S. China Sea
Warfare Undergoing 'Profound' Shift, Army Chief of Staff Says
McCain, Cable first Navy warships to port at Cam Ranh Bay since war
Russian embassy in Damascus hit by mortar attack; Moscow points finger at U.S.
Moscow delivers S-300 missile system to Syria for defense of Russian naval base
Sikorsky to provide 8 Black Hawks to Saudi Arabia
Germany's Populist Right-Wing AfD Party Draws Comparison to Nazis
GM Lifts Veil on New Hydrogen-Powered Truck for US Army
Waste of time, money, and resources. -- RF
Iran Sanctions: Germany To Press US For Reductions, Economy Minister Says
Former CIA Detainees Describe Previously Unknown Torture Tactic: A Makeshift Electric Chair
Obama Worries Future Presidents Will Wage Perpetual, Covert Drone War
More Confessions of an Economic Hit Man: This Time, They're Coming for Your Democracy
Twelve years ago, John Perkins published his book, "Confessions of an Economic Hit Man." Today, he says "things have just gotten so much worse."

## Migrants/refugees ##
Morocco to speed up repatriation of illegal migrants
Italy: More Than 6,000 Migrants Rescued in Sea off Libya
'Unfair' Refugee Distribution Stokes Global Crisis: Amnesty
Czech president Zeman: economic migrants to be deported to "uninhabited Greek islands"

## Global unrest/mob rule/angry people/torches and pitchforks ##
Feds say they won't evict sprawling pipeline protest camp
32 Arrested After 200 Iowa #NoDAPL Protesters Dismantle Security Fence in Bid to Disrupt Pipeline Drilling
Protests erupt in South L.A. for a second night after police fatally shoot an armed teen
Tens of Thousands in Streets, on Strike in Poland Over Draconian Abortion Ban
Villagers in eastern India vow to keep up coal mine protest after four killed
Greek police pepper spray protesting pensioners

## Energy/resources ##
Smoke And Mirrors: What Did OPEC Really Agree On?
OPEC Oil Production Rises Ahead Of Output Cut
Is The Glut Coming To An End? Cushing Stocks Fall To 10 Month Low
Desperate uranium miners switch to survival mode despite nuclear rebound
Despite all the planned new reactors, not enough will be completed to save the industry. -- RF
Technology designed to detect U.S. energy pipeline leaks often fails
Nuclear decommissioning market 'worth $8.55bn in 2021'
This is being touted as a promising new big business of the 21st century, with lots of money to be made. But it's already evident that nuclear plant owners and operators won't have much money to spend on such services. -- RF
Funding gaps remain in decommissioning of East European reactors
The estimated cost of decommissioning Soviet-designed, first-generation nuclear power reactors in  Bulgaria, Lithuania and Slovakia will be at least €5.7 billion ($6.4 billion), according to the European Court of Auditors. However, it warns this could double if the cost of disposing of high-level radioactive waste is included.
Another delay for SA's contentious nuclear programme
Coal prices hit 30-month high as Newcastle cargoes surge over $80
Italian olive grove stands in way of European energy security
Here's another example in which a dying energy system makes its final demands. -- RF

## Got food? ##
Revealed: MRSA variant found in British pork at Asda and Sainsbury's
Absence of sunny summer coupled with heavy rains foreshadow lackluster crops (Japan)

## Environment/health ##
Storm-struck St. Lucia's PM says islands need more to tackle warming
Some deodorants could cause breast cancer: Swiss study
Vietnam Seizes Over 300 Kilograms of Elephant Tusks
Thousands of deaths from hospital superbugs are going unreported, research shows
185,000 U.S. Oil Pipelines Leak EVERY SINGLE DAY
Mysterious Polio-like Illness Paralyzing U.S. Children
Study: Little evidence that 'brain training' has wider benefits
Scientists hope for HIV cure with new treatment
Hard times may exact toll on brain health

## Intelligence/security/internet/cyberwar ##
Momentous Syria Interview Under Fire
German journalist Jürgen Todenhöfer filmed an interview with an alleged rebel commander near Aleppo. The claims made by the commander -- that the US was supporting al-Qaida -- made headlines around the world. But was the interview authentic?
Spiegel Interview with WikiLeaks Founder Julian Assange
Jerry Brown Lets Emergency Responders Take out Drones
Yahoo Secretly Scanned Customer Emails for the FBI, Say Sources
Yahoo secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter.
Big Brother Is Watching - New Emails Reveal Homeland Security Tracks License Plates At Gun Shows

## Propaganda/censorship ##
Do We Really Want Nuclear War with Russia?
Through an endless barrage of ugly propaganda, the U.S. government and the mainstream American press have put the world on course for a potential nuclear showdown with Russia, an existential risk that has been undertaken cavalierly amid bizarre expressions of self-righteousness from Western institutions.
Syria Spotlight: US Suspends Talks with Russia – What's Really Going On?
Six Impossible Things Before Breakfast
We live in an age when the level of deceit and propaganda is at an all-time high. Joseph Goebbels, Vladimir Lenin, and others did their best to force-feed propaganda to the masses, but they were rank amateurs compared to the spin doctors employed by the political leaders of today.

## Systemic breakdown/collapse/unsustainability ##
WARNING: The Coming Collapse Of U.S Net Worth Will Wipe Out Millions Of Americans
This is one of the few sites which describe what's happening in terms of energy. -- RF
Arkansas' county bridges, roads in disrepair, $750M needed
Mississippi roads, bridges in need of repair, 500 bridges need to be replaced
In wake of bombing, New Yorkers are increasingly seeing threats in the trash left on the street
How To Catch 'Pokémon Go' In College: 5 Courses This Fall Where Students Can Learn 'Em All
US probes Ford vehicles for steering, warning light problems
When Did Our Elites Become Self-Serving Parasites?
Combine financialization, neoliberalism and moral bankruptcy, and you end up with self-serving parasitic elites.
A Child's Scraped Knee Turns Scary in Crisis-Hit Venezuela

## Japan ##
Japan's Kawasaki Heavy may pull out of shipbuilding
Small Japan firms dying out as aging owners struggle to find successors
BOJ's Tankan survey shows no improvement in big manufacturers' sentiment
Report: Russia seeks to expand rail network to Japan's Hokkaido Island
The Russians are taking the long view. Eventually, Japan will be forced to make concessions to China in the south and Russia in the north. -- RF
Reviving Japan's Dairy Industry, One Milking Robot at a Time
Here's a disaster in the making. The whole operation will collapse in a day when the power fails. Imagine having 360 cows which need milking three times daily, but your milking robots have turned into rusting piles of junk. -- RF
North Korean missile advances expose Japan in two-decade arms race: sources
Costly coking coal blocks Nippon Steel's recovery path
BOJ seen adopting American WWII rate-pegging ploy to spark inflation
Economy failing to create positive growth cycle: BOJ survey
Lower house OKs Y4.11 tril extra budget to support economy
It won't help a bit. Like the rest of the world, Japan faces an energy problem, not a money problem. -- RF
Japan inaugurates new body for nuclear fuel reprocessing
You bet! Tokyo governor seeks to cap costs for 2020 Tokyo Olympics
Nuclear cash cow Monju now a liability for residents as plant faces ax
Burden of 'double care' of young and old grows in Japan: survey

## China ##
China emerges as leader in VLCC fleet tonnage, as plan to control its imports of raw materials takes shape
Winners Of The Oil Bust: How Much Oil Did China Store?
China struggles to curb housing bubble
More Chinese cities restrict property purchases
80% of data in Chinese clinical trials is fabricated, government study finds
Cast aside blind optimism, China's foreign trade challenges 'not short term', says commerce ministry
China Shocker: A Quarter Of All Companies Can't Pay The Interest On Their Debt

## UK ##
Quarter of a million children receiving mental health care in England
MPs deliver damning verdict on David Cameron's Libya intervention
Pig sick: Deadly superbug found in British supermarket pork
Air pollution could be linked to number of car accidents in UK
Supermarket price war drives down shop prices despite the falling pound

## US ##
Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up
The New York Times Paid No Taxes in 2014 (but dumped on Trump)
Many Alaskans unhappy with amount of yearly dividend checks
The Average American's Credit Card Debt May Shock You
Are You Willing to Retire at 75? Here's Why You Might Have to
Construction Spending Unexpectedly Dives 0.7%, Last Month Revised Lower
US Manufacturing "Slowed To A Crawl" In September As New Orders Hit 9-Month Lows
Here's How the Government Is Turning the Entire United States into a Debt Prison
Just one thing about the debt: It won't be paid by "the public... working it off for generations to come," as the article says. Because of economic collapse, few people will have any money to pay taxes, and that goes for all countries of the world. There will perforce be a global debt jubilee. -- RF
September US auto sales slide even as discounts rise
Subprime Auto-Loan Backed Securities Turn Toxic
As demand for cars falters, auto prices are poised to fall
Manhattan apartment sales plunge 19 percent
Owners at "Leaning Tower of San Francisco" Knock Condo Values to Zero
Executive Director of the Kansas City Library System Issues Dire Free Speech Warning
Number 15: The U.S. isn't one of the top 10 most free countries in the world, study says
Report Shows US Corporate Tax Dodging Still Rampant, Still Legal
IMF reduces its forecast for US economic growth this year
Brilliant: Pension Bond "Halloween" Madness: Alaska to Borrow Money from Asia at 4%, Hoping for 8% Returns
Atlantic City Risks Default After Another Missed Deadline

## The candidates ##
The Corrupt Clinton Foundation You've Never Heard Of
Hillary on WikiLeaks Founder Julian Assange: "Can't We Just Drone This guy?", Other Comments from Clinton Journalists and PR Staff
Bernie Sanders Comments On Clintons Getting $1 Million From Deutsche Bank
FBI Allowed 2 Hillary Aides To "Destroy" Their Laptops In Newly Exposed "Side Agreements"
Just when you think the Hillary email scandal can't get any more bizarre and corrupt, it does. According to a just released letter from the Chairman of the House Judiciary Committee, Bob Goodlatte (R - Virginia), to Attorney General Lynch, the FBI apparently struck "side agreements" with both Cheryl Mills an Heather Samuelson to "destroy" their "laptops after concluding its search."
Clinton Tax Deductions Match With Payments for Email Server Work
The problem, reports The Daily Caller, is that Hillary Clinton kept the email server — which was located in the basement of the family's home in Chappaqua, N.Y. — a secret and treated it as a personal device. The IRS does not allow citizens to deduct personal expenses on their tax returns.
It Takes a Remorseful Tax Cheat to Catch a Tax Cheat, and Donald Trump Isn't
What we know about Donald Trump's tax returns, explained
Trump Foundation ordered to stop fundraising by New York state prosecutor
Woman who accused Bill Clinton of sexual misconduct slams Hillary
Clinton's plan to reduce US oil consumption likely won't work
Clinton's knowledge about energy would fit in a thimble. Which also goes for Trump. -- RF
Judge: Nothing Wrong With Trump's Released Tax Records, Leaker Probably Broke the Law
Hillary Should Ask Jamie Dimon What Kind of Genius Loses $6.2 Billion
In fact, New York City, where both Trump and the New York Times hail from, is filled to the brim with Wall Street geniuses who have wiped out hundreds of billions of dollars in shareholder equity or completely destroyed their Wall Street banks through unsound business models while reaping windfalls for themselves. Compared to these guys, Trump is a piker.
Original Scandal: Federal Judge Denies Release Of Draft Hillary Whitewater Indictment
Clinton Foundation Allegedly Hacked Exposing Thousands Of Donor Databases; "Pay To Play" Folder
Obama DOJ drops charges against alleged broker of Libyan weapons
Arms dealer had threatened to expose Hillary Clinton's talks about arming anti-Qadhafi rebels.
Trump Meets With Energy CEOs Opposed to Fracking Votes He Backs

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