Sunday, July 29, 2018


News Links, July 30, 2018

## War on cash/cashless society/cryptocurrencies ##
Some banks in Finland face card payment problems

## Airline death spiral ##

Mattis: US Not Seeking Regime Change in Iran
Dismisses reports of planned US attack as 'fiction'
Piracy attacks: Creation of independent Coastal Defence Force only solution (Nigeria)
A maritime consultant and head analyst of C. A. BORHA (Management and Economic Services), Christopher Borha, has called for the creation of an independent Coastal Defence Force as permanent solution to the challenge of pirate attacks on the nation's waterways.
Ex-Trump strategist Bannon targets Britain in anti-EU campaign
Israel to build new settler homes after deady knife attack: minister
"The best answer to terrorism is the expansion of settlements," Lieberman wrote on Twitter, announcing 400 new housing units in the Adam settlement north of Jerusalem a day after the deadly stabbing.
How BRICS Plus clashes with the US economic war on Iran
Erdogan: Turkey will stand its ground faced with U.S. sanctions - media
US Resisting Pushes by North, South Korea to End War
65 years after the 1953 armistice that stopped the open fighting of the Korean War, the nations involved still haven't replaced it with a permanent peace treaty. This means that the Korean War is still technically ongoing, 68 years later. That's apparently where the US intends for it to stay.
Israel Intensifies Collective Punishment of Resistance in Gaza

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands of Russians protest against pension age hike

## Energy/resources ##
Saudi retreat on oil IPO highlights dearth of reliable information on world oil reserves
The 4 Key Chokepoints For Oil
"An uptick of 30% from the abnormally low levels in 2017 might seem encouraging, but E&P players are currently facing a low reserve replacement ratio, on average of less than 10%. This is worrisome considering the impact on global oil supply in long term."
What's that? You thought it was profitable all along? But even if the industry does become profitable, it won't last long. The sweet spots will give out, and at any rate the world can't afford to pay high oil prices, and that will exert downward pressure on prices. -- RF
The Largest Ships in the Huge Iron-Ore Trade
Exports are dominated by two countries, imports by three. And everything revolves around China.
Minke whale hunting ends in Iceland
The controversial hunt for minke whales in Iceland has come to end after declining profits led to the local industry closing, the International Fund for Animal Welfare said on Friday.

## Intelligence/security/internet/cyberwar ##
I traced missile casings in Syria back to their original sellers, so it's time for the west to reveal who they sell arms to
I don't think either Nato or the EU has the slightest interest in chasing the provenance of weapons in the hands of Islamist fighters in Syria or anywhere else in the Middle East
Facebook's Stock In Free Fall Because Everyone Already Uses It
Living in a World Bereft of Privacy
As Edward Snowden confirmed beyond doubt, we live in a world where our most intimate moments can be seen by would-be extortioners and, more alarmingly, by our governments.
The press today is failing to protect Julian Assange because it has no intention of creating an informed populace or holding power to account.

## Propaganda/censorship/fake news/alternative facts ##
Attempted Censorship Of Christine Assange Reveals How Powerful Her Voice Is
By reading Christine's message to those who re-joined the stream, by publishing the transcript for the public to read, and by documenting the multiple layers of censorship implemented against Julian Assange's mother Christine Assange, supporters have exposed the fact that the deep state is terrified of Christine Assange.
The Utility of the RussiaGate Conspiracy
New McCarthyism allows corporate media to tighten grip, Democrats to ignore their own failings

## Systemic breakdown/collapse/unsustainability ##
Here's How Systems (and Nations) Fail
These embedded processes strip away autonomy, equating compliance with effectiveness even as the processes become increasingly counter-productive and wasteful.
The World Economy Runs on GPS. It Needs a Backup Plan
The small satellite network, which keeps global computer systems from freaking out, is shockingly vulnerable to all kinds of interference.
Here's What We've Lost in the Past Decade
The past decade of "recovery" and "growth" has actually been a decade of catastrophic losses for our society and nation.

## Japan ##
Of equally great significance is how the US leadership kept its foreknowledge of the attack under wraps and allowed it to happen (PDF) unhindered. -- RF

Why China's vaccine scandal is unlikely to be its last
The pledges of action from on high are all too familiar. If officials persist in paying more attention to censoring social media rather than reflecting on the root of the problem, another such disaster is just a matter of time.

## US ##
Parking Has Eaten American Cities
A new study documents the huge amount of space taken up by parking, and the astronomical costs it represents, in five U.S. cities.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
Americans' Intentions To Buy A Car Collapse As High Rates Crush Home-Buying Plans
Watchdog: US Wasted More Than $15.5 Billion in Afghanistan
Figure is 'only a portion' of overall waste, fraud
U.S. "most dangerous" place to give birth in developed world, USA Today investigation finds
Every year in the U.S., more than 50,000 mothers are severely injured during or after childbirth and 700 die.
Recession Without an Inverted Yield Curve? Sure, Why Not?
Japan had six consecutive recessions without an inverted yield curve. There is no reason it can't happen here.

And finally...

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