Thursday, May 26, 2016


News Links, May 27, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
"NIRP is Killing Us," Wheezes Spain's Second Biggest Bank
Moody's: Persian Gulf economies strained
The Global Monetary System Has Devalued 47% Over The Last 10 Years
The Choice For Venezuela Is Stark: Either Print Money and Fail or Establish Sound Money (USD to the Rescue?)
Adidas (ADS) To Restart Manufacturing In Germany — Using Robots
Container shipping firms' costs soar on new fuel rules: OECD
Rising fuel costs will further hurt an industry already stung by overcapacity, low demand and falling rates.
Venezuela fights crisis with biggest sovereign gold sale since 2007
In Latest Market Rigging Settlement, Citi Fined $425MM For Manipulating Interest Rates
Nigeria Oil Economy Was A Terrible Mistake, President Buhari Says As Recession Looms
The Desperate Plight of Petro-States — With a Busted Business Model, Oil Economies Head for the Unknown
US Government Quietly Cuts Historical Capex Data By Billions Of Dollars

## Cut, baby, cut! ##
Shell to cut another 2,200 jobs
Bank of Montreal to cut 4 percent of workforce -memo to staff
Microsoft cutting 1,850 jobs related to mobile phone sector
Intel to Slash Up to 350 Jobs in Germany

## War on cash/cashless society ##
Wall Street Disintermediation Arrives as Hedge Fund Trades P2P Via Blockchain, Without a Bank or Broker
Mt. Gox creditors seek trillions where there are only millions
One of the biggest bitcoin startups just took 'bitcoin' out of its Twitter bio
Why the death of cash may have been exaggerated
Rwanda aims to become Africa's first truly digital economy
The War on Cash is Ancient

## Airline death spiral ##
EgyptAir Flight 804 Investigation: Greece To Send Key Data Wednesday Amid Conflicting Reports About Blast On Board
Signal From EgyptAir Flight MS804 Could Pinpoint Location of Wreckage
TSA Airport Wait Times: The One Big Reason Why Lines Are Getting Longer At Security Checkpoints
TSA Airport Security Delays Made 70,000 Travelers, 40,000 Checked Bags Miss American Airlines (AAL) Flights This Year
No sign of EgyptAir plane technical problems before takeoff: sources
Nine Passengers Punished By Shenzhen Airport for Bad Behavior
More air rage expected as rainy season begins
United Cancels Nigeria Route, Ending Its Only Flight to Africa
United Airlines will stop flying to Nigeria next month, ending the carrier's only route to Africa because of weakness in the energy sector and difficulties in collecting money from tickets sold in that country.
Passenger taken off plane after kicking, screaming
70 Paris airport workers were stripped of security clearances due to 'worrying behavior' prior to the EgyptAir crash
Egypt May Create Special Agency for Airport Security - Lawmaker
Intruders get onto runways at Atlanta airport, others in US

## Fault lines/flashpoints/powder kegs/military/war drums ##
Retired U.S. commander: North Korea collapse not far off
Vietnam May Request F-16s, P-3 Orions From US
Hillary Clinton's Legacy of Terror——–Kosovo Is A Mafia State And Jihadi Haven
US Spy Plane Disrupts Civilian Flights While Spying On Russia, transponder turned off
Fearing U.S.-Vietnam alliance, Beijing tries to mend fences with Hanoi
NATO Members Face Hard Budget Choices, Official Says
India May Downsize Army To Pay For Weapons
'Rebel' general nears capital, Libyan oil fate up in the air

## Migrants/refugees ##
European migrant crisis: Capsized boat horror caught on camera
5,600 Refugees Rescued in 48 Hours an Indictment of Crises Created by West
Greece to remove all migrants from Idomeni
More than 4,000 migrants rescued in single day

## Global unrest/mob rule/angry people/torches and pitchforks ##
The Anger of the Unprivileged Is Rising Globally
Protesters throw rocks, bottles at police outside Trump rally in New Mexico
McDonald's Corp. (MCD) Closes Headquarters Again As Workers Protest Wages At Fast-Food Company's Annual Meeting
French labor clash escalates, public fear impact on Euro 2016
France Socialist Trade Unions Refusing to Reform – Civil Unrest Erupting
A Spirit Of Violence And Civil Unrest Is Rising In America
Clashes at French protests, union warns of Euro soccer disruption

## Energy/resources ##
2015 Worst Year For Oil Discoveries Since 1952
France strike hits nuclear plants sending output lower
3,000 French Gas Stations Out of Fuel
Why Cheap Shale Gas Will End Soon
Across the 'valley of death': How the wind industry will cope without tax credits
Shell's Job Losses Now Equal Facebook's Entire Payroll
Wells Fargo Reduces 66% of Credit Lines to Oil and Gas Players
Slovakia says Mochovce nuclear plant to cost more than expected
Payments Plunge on Largest U.S. Grid, Threatening Closures
Payments to power generators for supplying the biggest U.S. electricity grid slid in an auction this month, increasing pressure on plants already struggling to keep running amid low wholesale prices. Dynegy Inc. and Talen Energy Corp. fell.
US Spy Plane Disrupts Civilian Flights While Spying On Russia, transponder turned off
The Hidden Costs of Oil. U.S. Senate hearing 2006.
The real EROI of photovoltaic systems: professor Hall weighs in.
But, as I pointed out previously, EROI doesn't matter as much as power density. And what matters even more is that the net energy of our entire global energy production system is declining. That's why economic growth is stagnating, debt is accumulating, the financial system is wheezing, and deflationary collapse is in progress. Unless some new, highly dense form of energy (like petroleum in the 1950s) is found, it's all downhill from here. -- RF
Niger Delta Militants Take Entire Chevron Terminal Offline
Pemex Production Continues to Fall
Upgrading the US power grid for the 21st century
Report: US nuclear plants vulnerable to disasters despite post-Fukushima safety steps
Indonesia's oil imports may swell to US$40b in 2019: Analyst
Norwegian Oil Investments To Fall Further In 2017

## Got food? ##
From The Green Revolution To GMOs: Living In The Shadow Of Global Agribusiness
Study: Farm-raised salmon suffer from depression
More than half of Malawi's population need food relief - minister

## Environment/health ##
Growing number of problems found in Brazilian babies affected by Zika
10-year project revealed air pollutants accelerate plaque build-up in arteries to the heart
Cell Phone Radiation Boosts Cancer Rates in Animals; $25 Million NTP Study Finds Brain Tumors
Living within 5 km of a landfill could damage your health
Hundreds of Millions to Be Displaced by Climate Change, French Minister Warns
Woman found to harbor 'superbug' resistant to all approved antibiotics
Tough economy, alcohol fuel suicide risk in men: Study
Oil and Gas Activities Behind Texas Earthquakes Since 1925, Scientists Conclude

## Intelligence/security/internet/cyberwar ##
Police Are Tracking Your Car With This Technology Even If You've Done Nothing Wrong
Terrorism Security At Euro 2016: France To Deploy Force Of 90,000 Police Soldiers, Officers, Agents
State Department Says Hillary Clinton's Email, Private Server Did Not Comply With Federal Records Policies
Origin of key Clinton emails from report are [sic] a mystery
Everyone is Missing the Most Troubling Part About Hillary Clinton Email Audit!
Meet the Syrian Al-Qaeda Linked Rebel Who Freely Visited America Last Year
The Senate Killed JASTA, Then Passed It…
The Bill to Allow 9-11 Victims to Sue Saudi Arabia Turns Out to Be a Chuck Schumer Led Scam
Secret Text in Senate Bill Would Give FBI Warrantless Access to Email Records

## Propaganda/censorship ##
Hard Times And False Narratives
The New York Times's (and Clinton Campaign's) Abject Cowardice on Israel

## Systemic breakdown/collapse/unsustainability ##
Possible Energy Constraints to Further Urbanization
I am on record as saying that the much-ballyhooed golden age of megacities will never happen. -- RF
Vehicle Software Glitch Reports Are Rising As Code Becomes A Bigger Piece Of A Car's Components
Ford recalls 271K pickups to fix brake fluid leak
US military uses 8-inch floppy disks to coordinate nuclear force operations
America's New Law and Order Regime: In 2014 Cops Stole $5 Billion, Robbers Stole $4 Billion

## Japan ##
Bump in Japan's fertility rate doesn't herald baby boom
There won't be any baby boom unless net energy rises significantly, or the government puts a gun to people's heads. -- RF
Govt. pushing for earlier start of maglev lines
Low-level nuclear waste to be buried 70 meters underground: NRA
Diet OKs bill to regulate virtual currency exchanges
10% of TEPCO's frozen soil wall at Fukushima site not working

## China ##
China Weakens Yuan Fixing to Lowest Since 2011—-No Currency Dumping Here!
Lending in China Is So Risky That Cows Are Now Collateralized
China Is Executing To Plan: Foxconn Replaces 60,000 Workers With Robots
Nuclear plant near Hong Kong hit by third minor operational incident this year, involving faulty alarm

## UK ##
North Sea oil balance sheet in the red for first time
The UK Government has incurred a loss from oil and gas production for the first time in history.
Fear of steel sector's 'death by 1,000 cuts' as Tata silent on sale process
Population surge to 'change the face of England forever'
London population predicted to near 10 million within a decade as England continues to grow
More than a million carers are living in poverty, research warns
Privacy fears as police surveillance cameras capture 34 million number plate images a day
Complaints Over Payday Loans Triple In A Year
HS2 will cost 'five times more than French line' 
Cuts have left court system 'close to breaking point' and have put its credibility at risk, MPs warn

## US ##
Millions of "Subprime Consumers" Getting Credit Cards; What Could Go Wrong?
The Occupy movement has grown up — and looks to inflict real pain on big banks

## The candidates ##
Trump's Decision to Debate Sanders in California is His Most Genius Move Yet
Protests turn violent outside Trump rally in New Mexico
Kentucky To Recount Votes After Sanders Request
Clinton's Imperious Brush-off of Email Rules
The State Department's Inspector General issued a blunt report criticizing Hillary Clinton's imperious refusal to follow email rules as Secretary of State, adding to Clinton's credibility problem.
Clinton Broke Federal Rules With Email Server, Audit Finds
State Department Rules Hillary Created "Security Risks": When's the FBI Criminal Charges?
What the State Department Email Report Means for Hillary Clinton
Hillary Responds To Damaging State Department Report
When It Comes to Losing Ugly, Bernie Has Nothing on Hillary
Critical Hit to Clinton Campaign as Media Dives Into Corporate Ties
Trump Accidentally Reveals His Next Attack On Hillary
Donald Trump signed off deal designed to deprive US of tens of millions of dollars in tax
Will Donald Trump Be President? Trump Delegate Count Reaches Magic Number To Clinch GOP Nomination
Donald Trump Energy Policy Speech Live Stream: Watch Video Of Republican Nominee's Plan
The energy illiteracy of all the candidates is appalling. -- RF
Wall Street gives Hillary Clinton $27M, but love affair may not last
It's Over: Even MSNBC Turns On Hillary - "Stop Lying, Stop Digging"

Tuesday, May 24, 2016


News Links, May 25, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Manufacturing Recession Goes Global as Demand Withers
Defaults Have Already Spread Outside Commodities
Iron ore is imploding -- now down 27% in just weeks
Wells Fargo warns energy loan losses will grow
We're in the Eye of a Global Financial Hurricane
The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality.
World's 16 biggest banks, including RBC, ordered to face Libor lawsuits in ruling court warns could ruin them
Despite "Bazookas", Eurozone Composite PMI at 16-Month Low
Guess What Occupation Is Most Frequently Cited In The Panama Papers?
Hedge Funds Are Betting Record Amounts on Meltdown of Australian Banks and Housing Bubble
Brazil's Government To Announce Plans To Curb Spending And Slash Debt, Finance Minister Says
AEP: Saudi financial crisis 'could leave oil at $25' as contractors face being paid in IOUs
21st-century economics: In a social experiment watched by the world, Swiss may pay people $2,500 a month for doing nothing
Worries about bad loans in oilpatch will be front and centre in Canadian bank earnings this week
U.S. Debt is Being Dumped at Alarming Rate
GLD: Beginning of long-term bull cycle
Empty stores multiply as Singapore's 'shoppers' paradise' image fades
May 2016: Will Deutsche Bank Survive This Wave Of Trouble Or Will It Be The Next Lehman Brothers?
2015 Corporate Progress Report: Cash Up $17 Billion, Debt Up $850 Billion
More Global PMIs Flashing Recession Warnings
Four out of 10 homeowners caught short without enough money to meet their expenses, new survey finds (Canada)
Is the Derivatives Market About to Implode the Big Banks Again?
Former IMF economist asserts that gold is money as good as government bonds
Q1 2016 Canadian Silver Maple Sales Surge To Highest Record Ever

## Cut, baby, cut! ##
Nokia could cut 10,000-15,000 jobs worldwide: union

## War on cash/cashless society ##
I'm ditching traditional banks in favor of bitcoin—and you can, too
The War on Cash Is a War on Your Freedom to Opt Out

## Airline death spiral ##
TSA Head Of Security Fired (After $90,000 Bonus)
TSA looks at automated bins, real-time data to deal with lengthy lines
EgyptAir Flight 804 Investigation: Airbus A320 Made Emergency Landing In 2013 Due To Overheated Engine, Report Says
Egypt rejects report that crash evidence points to explosion
Threats disrupt travel at two major airports
Fares are cheap; airlines don't want them to stay that way
Bombardier Inc cuts demand forecast as business jets go begging for buyers, crushing prices
LAX authorities screen flight after 'non-credible threat': Airline official
Allegiant Air Faces Federal Scrutiny

## Fault lines/flashpoints/powder kegs/military/war drums ##
President Erdoğan Pushes For Broader Presidential Powers With Yıldırım Election
Iraq announces start of Falluja operation, some residents flee
Obama Lifts Arms Embargo to the "Police State" of Vietnam
Israel's New Death Penalty Law Won't Apply to Jews
'Liberman Road' Turns Settlements Into Suburbs
Route 398, the so-called Liberman Road, converts West Bank settlements and outposts into suburbs of Jerusalem.
Shake-up in Israeli politics prompts 'seeds of fascism' warning
US Air Force Can't Afford Its Fighter Jets Past 2021
Spanish Lies: Leaked Letter Shows Rajoy Promised EC Budget Cuts While Promising Voters No Cuts
US Could Defend the Philippines If China Starts Reclamation Work on Scarborough Shoal: Experts
Obama says will ensure freedom of navigation in South China Sea
U.S. deepens military ties with former foe Vietnam
Russia Warns NATO Over Eastern Europe Military Buildup; Kremlin Says It Will Protects Its Interests
Is Scarborough Shoal Worth a War?

## UAVs ##
Man demonstrates low-tech drone warfare with mid-air capture

## Migrants/refugees ##
U.N. refugee agency calls European border closures 'inhumane'
Central America Border Crisis: 11,000 Migrants Deported Since October As Children, Families Flee Violent Countries
Ten Riot Police Squads Deployed To Greek Refugee Camp As Evacuation Begins

## Global unrest/mob rule/angry people/torches and pitchforks ##
French Strikes, Riots Shut Down 850 Gas Stations, Block Refineries
French Police Strike Back, Liberate Fuel Depot to Shrink Shortages
Dressed to Protest: Greek anger spreads to middle class
Thousands protest against seed giant Monsanto ahead of Bayer merger
Massive rally set for June in Okinawa to protest U.S. base-linked crime
Brussels police fire water cannon at anti-austerity protest

## Energy/resources ##
Windfall: When Renewable Energy is not Sustainable
Is An Energy Crisis Brewing In The Caribbean?
Oklahoma landowners register private airstrips to keep wind farms at bay
But what's the REAL energy return of photovoltaic energy?
Actually, it doesn't matter very much what the energy return is. What matters most is the net energy that society gets out of any energy system. Because the energy density of renewables is far lower than that of fossil fuels, society needs to secure much more land area for renewable energy projects and their hardware. The decline in net energy, and the increase in debt needed to compensate for it, are dragging industrial civilization down into a morass of debt and pollution. -- RF
Eni's Nigeria Pipeline Attacked For The Fourteenth Time This Year
North Dakota rig count low sets new record
A Huge Solar Plant Caught on Fire, and That's the Least of Its Problems
Shell says oil sector needs to invest trillions even within climate limits
Shell CEO warns renewables shift could spell end if too swift
Energy return of ultra-deepwater Gulf of Mexico oil and gas
Iron ore price smashed: miners to follow

## Got food? ##
Africa Food Crisis 2016: El Niño Drought To Make More Than 50 Million Go Hungry, UN Says
Time to crack down on seafood industry's worst abuses
Price of corn flour in Venezuela soars 900 percent

## Environment/health ##
US Climate Migrations About to Begin
The community is Isle de Jean Charles in southeast Louisiana, an island community of Native Americans that has lost 90% of its land to the sea already (not only, but increasingly, because of climate change and rising sea levels). There are just 60 people left on the island, whose resettlement will cost taxpayers about $800,000 per person. Wrenching as their experience is bound to be, these folks have a first-class ticket that will not be available when the crowds arrive.
Exxon, Chevron Face Unprecedented Investor Pressure Over Climate Change Disclosure
Puerto Rico reporting 1,100 Zika cases as debt crisis worsens
CDC Official Says Thousands May Have Arrived in US With Zika
Road To Rio: Zika Won't Prevent Olympic Dreams, But The Virus Could Eventually Spur An Economic Nightmare
New Orleans is sinking faster than previously thought
Burning all fossil fuels could lead to global warmth not seen in 65 million years
North Dakota Spill Leaks 120,000 Gallons of Oil & Wastewater
Amphibians in continued global decline
Kicking the habit: Adult smoking rate in US is falling fast
U.S. e-cigarette use stalls as health concerns grow: Reuters/Ipsos poll
Seeing the Sea Soothes Stress

## Intelligence/security/internet/cyberwar ##
Saudi Press: U.S. Blew Up World Trade Center To Create 'War On Terror'
Lego getting more violent because it is locked in 'arms race', study claims
Facebook says an investigation of its trending topics finds "no evidence of systematic political bias"
Smaller cities across US opening high-tech crime centers
Live video feeds from cameras across Hartford, Connecticut, light up a wall of flat-screen monitors in a high-tech room at the city's old police department, while computers take in data from license plate readers and a gunshot detection system.
Here's How the U.S. Government Treats Whistleblowers
Vindication for Edward Snowden From a New Player in NSA Whistleblowing Saga
Facebook 'incitement' posts lead to arrests in Israel
Apple rehires prominent security pro as encryption fight boils
Intel Vets Urge Fast Report on Clinton's Emails
A group of U.S. intelligence veterans is calling on President Obama to expedite the FBI review of former Secretary of State Clinton's alleged email security violations so the public can assess this issue in a timely fashion.

## Propaganda/censorship ##
China mulls new ways to control video websites
NYPD caught red-handed sanitizing police brutality Wikipedia entries
More Game-Playing on MH-17?
The West keeps piling the blame for the 2014 shoot-down of Malaysia Airlines Flight 17 on Russian President Putin although there are many holes in the case and the U.S. government still withholds its evidence.
FBI's Own Report Exposes "War on Cops" as Pure Propaganda

## Systemic breakdown/collapse/unsustainability ##
Toyota Recalls 1.6M US Vehicles For Takata Airbags
Urban Living Becomes a Luxury Good

## Japan ##
Japan April Exports Suffer Biggest Drop In 3 Months, Bode Ill For Growth
Toshiba To More Than Halve Its Capital Base To About $1.8 Billion
Global Trade With Japan Collapses: Exports Decline 7th Month, Imports Decline 16th Month
As yields turn negative, institutions dread taking customers below zero
TEPCO: Frozen soil wall proving effective 
Japan drafts new growth strategy featuring 4th industrial revolution
It won't help a bit. -- RF
China site reveals over 100 Japanese entities at risk of cyber-attacks
Some Japanese teens in poverty have no choice but prostitution
Japan passes anti-hate speech law as Koreans targeted by racism

## China ##
China plans base station for rescue operations in South China Sea
In China's New Austerity, Ghosts Now Haunt Government Offices
China's Office Supply Set to Double Amid Building Frenzy: Chart
'Massive Bailout' Needed in Debt-Saddled China, Analyst Chu Says
De-Petrodollar-ization Esclates - China Imports Record Amount Of Russian Oil In April
Is China building too many theme parks?
Rare open rift over economy emerges in China
Red Ponzi Out Of Control—-April Steel Production Equaled 106% Of Rest Of World
Traffic's toll: road accidents kill 700 people a day in China
Why China Is Being Flooded With Oil: Billions In Underwater OPEC Loans Repayable In Crude
Thousands Evacuated as Torrential Rains Hit Southern China

## UK ##
NHS figures are bad, but the true underlying deficit may be even worse
Concerns Over Number Plate Surveillance
Tony Blair Admits His Ignorance of Middle East; Immediately Calls for New War
The Return of Fracking to UK? First Fracking Permit in Five Years
Rough sleeping on London's night buses increases 121% in four years
Government's counter-extremism plans run risk of turning force into 'thought police'
The London skyscraper that is a stark symbol of the housing crisis

## US ##
Business Debt Delinquencies Are Now Higher Than When Lehman Brothers Collapsed In 2008
Appellate court scraps DOJ's $1.3B penalty against Bank of America for financial crisis
Share Buybacks Now Bought Out, American Enterprise in Decline
Charge it! Putting it on plastic again – Record number of credit cards issued in 2015 surging 90 percent from 2009
60 million credit cards issued last year alone.
US household debt climbs to $12.25 trillion in first quarter
A very bad sign for all but America's biggest cities
Americans in small counties are much less likely to start new businesses, a trend that jeopardizes the economic future of vast swaths of the country.
Employee Wearing 'America Was Never Great' Hat Receives Death Threats
Which shows that some Americans are against freedom of speech unless it toes the party line. "Patriotic" Americans are the censors now. -- RF
The Scariest Chart Out There—–Bloated Household Net Worth Is Heading For A Big Fall
The Fed has fueled inflation — and it's helping the rich
US Manufacturing PMI Collapses To 2009 Lows (As Fed Readies Rate Hike?)
Wave of bomb threats hits schools nationwide
More than one-in-five working age Millennials live at home
Health-care costs for families top $25,000 — triple 2001
Detroit, Fresh Out of Bankruptcy, Discovers $195M Pension Shortfall
UPS Fears $3.8 Billion Liability Over Bankrupt Central States Pension Plan

## The candidates ##
Here's the Full List of Companies & Organizations That Paid Hillary Clinton From 2013-2015
Political Polarity Shift——-"Trigger Happy Hillary" Making Dems The War Party
Bernie Sanders Steps Up Feud With Democratic Establishment
Inconvenient Truth-er Gore Refuses To Endorse 'Lying' Hillary
Trump Goes For Hillary's Jugular: Releases Video Featuring Bill Clinton Rape Accusers
Trump Escalates Clinton Attack, Calls Vince Foster Suicide "Very Fishy"
Donald Trump is going to win: This is why Hillary Clinton can't defeat what Trump represents
Trump Says Climate Change a 'Hoax' but Acknowledges Threat to Golf Course
Chris Hedges: Taxpayers Pay for Primaries, but DNC Determines Rules in Order to Steal Votes (Video)

Sunday, May 22, 2016


News Links, May 23, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Shipbuilding Industry Collapses, Hits China and South Korea
Despite Rally, Hype, and NIRP, Bear Markets Hound the Globe
Idle tankers: Something Stunning Is Taking Place Off The Coast Of Singapore
EU to compile common blacklist of tax havens, sanctions against them
US Government's Own Report Shows Toxic TPP "Not Worth Passing"
No Mystery: Easy Money=Overcapacity=Deflation
US warns Japan on yen intervention as G-7 reaffirms deal 'no competitive devalutations' deal
Coca-Cola halts Venezuela production in sugar shortage
G7 leaders agree on plan to combat terrorism financing
China's Debt Misery Finds Singapore
Greek Parliament Approves Reforms In Exchange For Aid, Debt Relief
Despite Depression, Greece Forced to Hike VAT, Add New Taxes
Marine Le Pen: "EU is collapsing on to itself"
Cash-Stuffed Balance Sheets No Match for U.S. Company Debt
Combining all of the corporate cash in the U.S. wouldn't cover the $1.8 trillion of corporate debt that's coming due in the next five years, according to a report by Moody's Investors Service on Friday. That's because U.S. companies have been borrowing more quickly than they've built up the record $1.68 trillion of cash on their balance sheets. And more of that debt comes due sooner.

## Cut, baby, cut! ##
IBM continues layoffs that could top 14,000 job cuts
Nokia sheds over a thousand jobs in Finland
Abu Dhabi's ADNOC cutting thousands of jobs: industry
Oil and banking job losses leave many hunting for work (UAE)

## War on cash/cashless society ##
Contactless cards are on borrowed time - they're just an interim for phones (UK)
The price of Ether, a bitcoin rival, is soaring because of a radical, $150 million experiment
Modi bats for cashless transactions to check black money

## Airline death spiral ##
Airlines say Congress is contributing to long airport lines

## Fault lines/flashpoints/powder kegs/military/war drums ##
Vietnam Arms Embargo To Be Removed? Weapons, China On Agenda For Obama's Visit
The Widening Cracks in Zionism
Zionism has imposed an ideological orthodoxy that seeks to lock Jews – and Western politicians – into unquestioning support for whatever Israel does, but more people are breaking ranks.
Pushing Russia Toward War
NATO's military pressure on Russia and the West's economic sanctions have empowered Moscow's hardliners, setting the stage for an escalation of the new Cold War into possibly a hot one.
US Downplays a New Syrian Massacre
The Obama administration claims Syrian rebels in Ahrar al-Sham deserve protection from government attack although they have close ties to Al Qaeda and joined its official Syrian affiliate in a slaughter of Alawites.

## UAVs ##
Police Join Forces To Defeat Enemy Drones
Police chiefs in Britain are working with NATO to introduce possible anti-drone technology to combat the threat posed by drones, Sky News has learned.

## Migrants/refugees ##
Demand For Small Arms 'Protection' In Germany Explodes As Immigrant Fear Rises

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters storm Baghdad's Green Zone again, dozens hurt
Misaligned Mirrors Spark Fire At World's Largest Solar Power Plant
Korea's top three shipbuilders are scrambling to pull out of wind power generation businesses they have been operating overseas amid snowballing losses.
The End of SunEdison: Developer Now Looking Into Liquidating Its Assets
Oil sands companies losing up to $50 million a day as fires rage: analysts

## Got food? ##
Deadly crop killing fungus reaches Asia
Do Seed Companies Control GM Crop Research?
Scientists must ask corporations for permission before publishing independent research on genetically modified crops. That restriction must end.

## Environment/health ##
Like the refugee/migrant crisis, widespread disease outbreaks are going to get much worse. Add to that the possibility of an engineered pandemic. -- RF
2016 likely to be hottest year ever, scientists say
U.S. reports 279 Zika cases in pregnant women, Obama pushes Congress on funds
It is the last remaining relic of an ancient forest that stretched for millennia across the lowlands of Europe and Russia, a shadowy, mossy woodland where bison and lynx roam beneath towering oak trees up to 600 years old.

## Intelligence/security/internet/cyberwar ##
'Uncrackable' ransomware no more as creator hands over key
Special Report: Cyber thieves exploit banks' faith in SWIFT transfer network
U.S. targets spying threat on campus with proposed research clampdown
Leading U.S. universities are pushing back against a proposed State Department rule that would bar foreign students from more research projects and classes involving information seen as vital to national security.
Little Known Lawsuit Exposes Yet Another Major Cyberheist In 'Secure' Global Payments System

## Systemic breakdown/collapse/unsustainability ##
How the Deep State's Cronies Steal From You
And complexity helps bring down the system. -- RF
Residents near planned maglev line sue central government
Residents in areas near the planned route for a high-speed magnetically levitated train and other people sued the government on Friday, demanding that its approval of the Central Japan Railway Co. (JR Tokai) project be withdrawn.
Putin says Russia will not sell isles to Japan
Russian President Vladimir Putin on Friday took a stance of separating the country's territorial row with Japan from bilateral economic cooperation, suggesting Moscow will not sell the islands at the center of a long-standing dispute to Japan.
1.4 bil. yen stolen from 1,400 convenience store ATMs across Japan
A total of 1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 automated teller machines in convenience stores across Japan in the space of two hours earlier this month, investigative sources said Sunday.
Gap to pull plug on Old Navy in Japan
But while the 6,780 passengers and 2,100 crew on the largest cruise ship in the world wave goodbye to England, many people left behind in Southampton say they will be glad to see it go. They complain that air pollution from such nautical behemoths is getting worse every year as cruising becomes the fastest growing sector of the mass tourism industry and as ships get bigger and bigger.
NHS hospitals declare record overspends as experts warn health service is 'maxed out'
Nearly nine in 10 of England's hospitals ended 2015/16 in the red
Blu-Tack, can openers and other household items have been used by thrifty scientists in the decommissioning of a nuclear power station.
And this is just the beginning of the frugality, as brutal austerity drives people to do the unthinkable. As I've repeatedly predicted, most nuclear power plants won't be decommissioned at all, other than locking the doors. -- RF
Pensions just keep shrinking, and ultimately the Little People around the world will be left with only the pensions they have always depended on: their children. -- RF
Chart Of The Day: Here They Go Again——-Credit Card Companies Are Trolling For New Customers
A third of cash is held by 5 U.S. companies
The rising cash holdings of U.S. corporations are increasingly in the hands of a few U.S. companies, with just five tech firms having grabbed a third of it.

## The candidates ##
"Hillary Clinton Is A Danger To World Peace", French Presidential Frontrunner Le Pen Warns
The Clinton-Colombia Connection
Despite a grisly human rights record and alleged ties to drug traffickers, Colombia's ex-President Uribe has been a favorite of Hillary Clinton and her husband Bill, helping Clinton associates turn hefty profits.
Tipping the Scales for Clinton?
The Democratic split between the Sanders and Clinton wings is widening because many Sanders's backers see party chief Debbie Wasserman Schultz tipping the scales for Clinton and corporate interests.
Hillary is certainly still the favorite — if only because of the scam of superdelegates. The Democratic nomination is basically rigged. Because of those superdelegates Hillary already has the nomination locked up. But she appears to be crawling on her knees, over razor blades, towards the finish line.
Trump's Five Questions on US Foreign Policy
Along with his self-congratulatory bombast, Donald Trump has offered a rare critique of Official Washington's "group think" about foreign policy, including the wisdom of NATO expansion and the value of endless war.
Hillary Clinton's 'House of Cards'
In promoting Hillary Clinton for President, the Democratic Party is betting that American voters are ready to venture back into the Clintons' "House of Cards," a structure long defined by scandals and self-interest.

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