Tuesday, November 08, 2016

 

News Links, November 9, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
BlackRock Says Australia Could Lose AAA Rating Next Month

## Cut, baby, cut! ##
Nikon to cut 1,000 jobs in Japan

## Fault lines/flashpoints/powder kegs/military/war drums ##
Duterte-style war on drugs gaining support in Indonesia
Australia Expects to Resettle Hundreds of Refugees Elsewhere
Australia will find another country to resettle hundreds of asylum seekers now held on poor Pacific islands, a minister said Tuesday as his government planned to banish for life refugees who arrive by boat.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Another Tear Gas Standoff With Police as Water Protectors Defend Sacred Land

## Energy/resources ##
The untold Ontario green-energy scandal is that it's devastating our rural areas
Large wind and solar factories give the finger to rural economies, heritage, and property and business values and landscapes.
Another Setback For DAPL As Norwegian Bank Rethinks Funding
Saudi oil shipments to Egypt halted indefinitely, Egyptian officials say
No matter what happens to the price of oil, it's a damned-if-you-do, damned-if-you-don't situation. Low prices are hurting oil producers, but high prices would be a crushing burden on the crumbling world economy. -- RF
Catching A Falling Knife: A Deepwater Buyout
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value.
OMV sells UK business in retreat from costly exploration
OMV said it is selling its UK business to Siccar Point Energy for up to $1 billion, putting an end to the Austrian oil and gas group's exploration activities in Britain as it seeks to escape high costs in areas such as the North Sea.

Earth Just Experienced the Hottest Five Years on Record
Horizontal oil wells in Oklahoma can produce as many as nine or 10 barrels of salty, toxin-laced water for every barrel of oil, and much of that fluid is injected back underground into wastewater disposal wells.

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship ##
New York Times: Apologist for Power
Over the past couple of decades, America's preeminent newspaper, The New York Times, has lost its journalistic way, becoming a propaganda platform and an apologist for the powerful.

## Systemic breakdown/collapse/unsustainability ##
Breaking point: Southeast Asia's road traffic nightmare
Now That the Presidential-Election Side Show Is Finally Ending....
Sadly, our self-serving Ruling Elite is only capable of resisting needed transformation by supporting a corrupt, sclerotic status quo.
By 2020, Japan's Environment Ministry forecasts the country's solar-panel waste will exceed 10,000 tons. After that, the pile really starts growing: reaching 100,000 tons in 2031 and topping 300,000 tons in 2033, the 20th anniversary of the feed-in tariff.
Although this is minor in comparison with the upcoming global nuclear-power catastrophe, there are going to be many high stacks of scrapped panels that will never be recycled because there won't be any money to do it. And without fossil fuels, we won't be making very many new panels, either. -- RF
Yes. -- RF

## China ##
Slump shuts shops at Hong Kong's Chungking Mansions
Rents have plunged and vacancies are high at famous Hong Kong commercial complex, where simply getting a unit was once extremely difficult


## The Clinton File ##
Clinton Aide: Future Embarrassing WikiLeaks Releases 'Probably Fake'
Months of embarrassing leaks released by WikiLeaks and other sources related to Hillary Clinton's presidential campaign and the Democratic leadership have time and again proven to be true, while allegations of Russia being behind the effort have not been substantiated with any evidence. Still, that's the talking point the campaign continues to go with.




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