Tuesday, October 06, 2015


News Links, October 7, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
World Bank Trims East Asia Growth Forecast As China Worries Drag Down Economies
IMF cuts global growth forecasts again, cites commodity and China worries
Economists Chase Tails and Tales, Cut GDP Estimates Again
Ukraine Economy To Fall? Gross Domestic Product To Shrink By 12%, Says World Bank
Brazil Unemployment Rate Soars As Workers Brace For Tighter Economic Squeeze
Trans-Pacific Partnership: US, Pacific Rim Nations Reach TPP Trade Deal
Caution: More Commodity Price Weakness Ahead
Commodity Collapse Has More to Go as Goldman to Citi See Losses
Toronto-area detached home prices surge above $1 million, out of reach of first-time buyers
Emerging Market ETF Outflows Double as Losses Hit $12.4 Billion
Something's Up: Panic Buying of Super-Liquid Treasuries
German Factory Orders Unexpectedly Fall Amid Economic Risks
Norway Seen Tapping Its Wealth Fund to Ward Off Oil Risks
Glencore Stock Is Re-Crashing
Volkswagen's CEO: Scandal Will Force Big Spending Cuts

## Cut, baby, cut! ##
Buyouts coming at company behind Chicago Tribune, LA Times
SunEdison to layoff workers following spending spree & stock slump
ConAgra cuts 1,500 jobs; moving HQ from Omaha to Chicago
Swiss Broadcasting Corporation plans 250 job cuts

## Airline death spiral ##
Workers attack Air France managers, forcing them to flee
Alaska Airlines Loses Its Own CEO Brad Tilden's Luggage
US airline seat densification Part 2: The Big 3 add seats, change the profile of willing passengers
Airlines find travelers accept fees wrapped up in bundles
Job cuts coming to Delta Airlines
Abe pledges ¥45 billion to Sri Lanka for airport development

## Fault lines/flashpoints/powder kegs/military/war drums ##
Ukraine War Deserters: 16,000 Troops Abandoned Military Since Conflict Began, Kiev Official Says
Russia Escalates Syria Proxy War: Threatens Full Naval Blockade Of Syria
Russia Says 'Volunteers' Likely to Fight in Syria
Russian military official Admiral Vladimir Komoyedov reiterated today that there are no plans for Russian ground troops to get directly involved in the Syrian Civil War, but said it was very likely that Russian "volunteers" will start showing up in the ranks of the Syrian Army.
Russia would consider air strikes in Iraq at Baghdad's request: RIA
Russia says checking claim its plane violated Turkey's airspace for second time
US: Afghans Requested Airstrike on Kunduz Hospital
Islamic State Militants Drive Brand-New Toyota Trucks As US Officials Struggle To Uncover ISIS Source
United Arab Emirates: Revealing the dark face of the Gulf state where human rights abuses are a daily occurrence
Saudi Clerics Call For Jihad Against Russia, Iran; NATO Warns Of Airspace "Violations"

## Migrants/refugees ##
Syrian refugees increasingly return to war zones in homeland
The returns, along with the increasing migration to Europe, signal that conditions in regional host countries have become increasingly intolerable, the refugees and aid officials said.
Saving migrants from drowning has become a daily job for Greek fishermen
Asylum Shelters in Germany Struggle with Violence

## Global unrest/mob rule/angry people/torches and pitchforks ##
'Global Rally For Humanity': Planned Anti-Islam Protests Spark Calls For Extra Mosque Security By Muslim Civil Rights Group
Air France workers rip shirts from executives after airline cuts 2,900 jobs
Staff storm board meeting at Charles de Gaulle airport and force executives to flee, with one clambering over fence half-naked
Belarusian demonstrators protest Russian air base
'Let the people of Israel enter the gates and kill Arabs,' demonstrators chant as tensions rise in Israel
Ugly scenes outside Tory conference after thousands march against austerity
New generation of disillusioned Palestinians drives unrest
Protesters block award ceremony over Exxon's 'climate change denial funding'

## Energy/resources ##
German consumers face billions of extra costs for new power lines
The grid expansion is an important pillar of Chancellor Angela Merkel's "Energiewende" or shift from nuclear power and fossil fuels towards renewable energy sources.
Thermal coal prices plummet to all time lows
Ukraine To Resume Gas Purchases From Russia This Fall
What Will Happen To Oil Prices When China Fills Its SPR?
France asks for Japan participation in nuclear reshuffle
France has invited Japan's nuclear industry to take part in the reorganisation of its own nuclear sector, French Prime Minister Manuel Valls said on Monday.
Oil Patch Braces for Exploration Chill After Canada's Election
US Shale oil industry will simply vanish
After many years of prosperity, the tough time has come for the US shale industry. Dramatic US oil production decline is inevitable and many shale companies face bankruptcy.
Layoffs at SunEdison as Investors Question the Renewable Energy Developer's Strategy
Hot dog! Kyoto professor makes petroleum easily using only water and carbon dioxide…we think
JPMorgan paints bleak picture of global gas market in client note
U.S. investment bank JPMorgan Chase warned that new global gas price lows will demolish producer profits as top Asian consumers freeze big purchases and rework or ditch existing import deals.
A New Kind of Frackademia? New Environmental Inspectors Offered Free Industry-Funded Classes on Fracking
US Oil Production On Brink Of 'Dramatic' Decline, Exec Says
Oil executives warned on Tuesday of a "dramatic" decline in U.S. production that could pave the way for a future spike in prices if fuel demand increases.
Official: Libya's Oil Output Down To 300,000 Bpd
Libya's oil production has dropped to 300,000 barrels per day, less than a quarter of what it produced before the 2011 fall of Muammar Gaddafi, mostly because of insecurity and closed pipelines, a top official said.
India takes 17 percent more Iran oil in Sept than in Aug - shipping data
Oil Gains as Russia Set To Meet With Producers

## Got food? ##
Non-grocery store packaged food purchases rise, nutritional value drops
Monsanto and Syngenta Tighten Stranglehold on Global Food Supply
Meat wins: Sustainability won't factor into the US government's new dietary guidelines

## Environment/health ##
Indonesia Haze Shuts Schools in Malaysia, Latest in String of Disruptions
Almost a third of cactuses at risk of extinction: study
DOJ announces record $20 billion settlement in Gulf oil spill
Dangerous Increase In Wildfires Predicted As Climate Warms, Study Says
Noise: an invisible threat that harms wildlife, degrades habitats
Chernobyl animals thrive in exclusion zone without humans
Chernobyl Study: 'Amazing Illustration' of How Destructive Human Civilization Has Become
It upends common sense in many ways, but new research highlights how animal populations can thrive... when humans go away
Pfizer Raised Prices on 133 Drugs This Year, And It's Not Alone
How Coca-Cola has tricked everyone into drinking so much of it
You may think you have come to like soda all on your own. But that desire is the product of decades worth of focused and often troubling efforts on behalf of the soda industry.
More than 1,300 National Guard soldiers deployed to southeast United States

## Intelligence/security/internet/cyberwar ##
Ai Weiwei finds Beijing art studio bugged
California Mayor Forced to Hand Over Electronics and Passwords at Airport – Compares U.S. to Nazi Germany
Data hack at 7 Trump hotels confirmed
Delta Force considered staging fake hijacking after 9/11
Activists' Drone Drops Anti-Spying Leaflets Over the NSA
Top European Court Rules That NSA Spying Makes U.S. Unsafe For Data
Warren Buffett Gets Into Cybersecurity Insurance

## Propaganda ##
Rupert Murdoch: Propaganda Recruit
Journalistic objectivity was never high on Rupert Murdoch's ethics list, but "secret" records from the 1980s show how far the media magnate went to ingratiate himself with President Reagan by collaborating with U.S. propaganda operations.
The Radically Changing Story of the U.S. Airstrike on Afghan Hospital: From Mistake to Justification
CNN and the NYT Are Deliberately Obscuring Who Perpetrated the Afghan Hospital Attack
Saudi Arabia Continues Hiring Spree of American Lobbyists, Public Relations Experts
How Monsanto Mobilized Academics to Pen Articles Supporting GMOs
The Chinese government is cranking up the nationalism after its Nobel win
Seriously, what country does not crank up the nationalism after a Nobel win? -- RF

## Systemic breakdown/collapse/unsustainability ##
Welcome to the Future: Downward Mobility and Social Depression
Pedestrian rage: Man Says He Was Shot By Pedestrians Angry Over U-Turn In Bedford-Stuyvesant
In addition to road rage, air rage, password rage, shopping-cart rage, and who knows what other kind, we now have "pedestrian rage." -- RF
Preparing for 'Transportation Armageddon' on the Hudson
Space travel for the 1%: Virgin Galactic's $250,000 tickets haunt New Mexico town
Private companies argue they're democratizing space exploration by offering it to celebrities and millionaires. But in New Mexico, locals are footing the bill
One True Measure of Stagnation: Not in the Labor Force

## Japan ##
Feeble wage growth raises odds of BOJ stimulus
Can you believe it? Japan will create yet another new cabinet post for a "Society in Which All 100 million People can be Active"! It's a further increase in complexity, and a greater funding (energy) requirement. -- RF

## UK ##

## The candidates ##

And finally...

Sunday, October 04, 2015


News Links, October 5, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
ECB Chief Economist: OK, I Get it, the Euro Doesn't Work
Portugal is about to back austerity
Portugal is set to back widespread spending cuts and tax rises as the country center-right ruling coalition is on course to win a general election on Sunday.
Metals Are Getting Smashed
Global commodity price slump sends ripples around the world
Commodity plunge increases systemic risks
Deflation Warning: The Next Wave
BRICS Manufacturing PMI Data Fuels Global Slowdown Fears
Argentina Forces "Pesofication" of Dollar Assets – to Avoid Bond Payment due Monday?
Wall Street Horror Show: Revenues At Credit Trading Desks Down 35%, Losses Mounting
VW rivals risk bigger blow as emissions scandal hits diesel
Silver coin demand is absolutely through the roof" – Perth Mint
Australia Is "Going Down Under": "The Bubble Is About To Burst", RBS Warns
Yes, This Is A Financial Crisis – 11 TRILLION Dollars In Stock Market Wealth Was Wiped Out In The 3rd Quarter
Brazil's president takes steps on austerity
President Dilma Rousseff of Brazil announced Friday that she was cutting her salary by 10 percent, reducing the size of her cabinet and slashing thousands of coveted jobs for political appointees in an effort to build support for broader austerity measures as she grapples with calls for her ouster.
Trans-Pacific Partnership Trade Talks Bog Down, As Japan Demands US Achieve Compromise On Drugs
DoubleLine's Gundlach: risk assets globally face 'another wave down'
Global Dollar Funding Shortage Intensifies To Worst Level Since 2012
For many miners, there's no avoiding the gold 'production cliff' now
TPP deal expected to be announced today

## Cut, baby, cut! ##
Wal-Mart to cut 450 jobs at headquarters
Sprint to cut jobs, reduce up to $2.5 bln in costs: WSJ
Keeping a tally of job cuts at major companies
U.S.-headquartered companies put 58,877 jobs on the chopping block last month, up 43 percent from just more than 41,000 in August and the third-highest monthly total this year.
Paris backs Air France restructure as unions forsee 2,900 job cuts
Dallas-based Neiman Marcus cuts 500 jobs in reshuffling
Jobs report: Thousands more oil and gas cuts in September — Oil workers struggle to find new jobs
Glencore announces more job cuts at SA mines
Job cuts confirmed at NZ Steel
National Bank Said to Cut as Many as 400 Jobs in Restructuring (Canada)
Rolls-Royce to cut 400 marine division jobs: FT

## Airline death spiral ##
Air France to announce 'significant' job cuts on Monday: CEO
Shutdown now possible for Transaero, Russia's No. 2 airline
Delta Air Plans Cuts in Office Workforce to Boost Productivity
US airline seat densification Part 1: Alaska, JetBlue and Southwest strike a delicate balance
Singapore Airlines makes offer for premier economy class
United drops daily direct flight between Denver, Panama
United Airlines is ending its daily direct service between Denver and Panama City, Panama due to poor performance just 10 months after it began.
The US Airways name is about to fly into history
China Cancels Nepal Flights as Trade Blockade Hits Fuel Supply

## Fault lines/flashpoints/powder kegs/military/war drums ##
Afghanistan C-130 Crash: Taliban Says It Shot Down Plane In Jalalabad
US Denies Taliban Shot Down Cargo Plane in Afghanistan
Pro-Independence Parties in Catalonia Unite to Form Government; Showdown with Madrid Coming Up
Russia Is Destabilizing Syria… According to the People Currently Destabilizing Syria
The Largest US Foreign Policy Blunder Since Vietnam Is Complete: Iran Readies Massive Syrian Ground Invasion
Putin: Claims Russian jets killed civilians in Syria emerged before airstrikes started
Putin Nails Washington's Sanctimonious Self-Righteousness
Russia carries out new round of air strikes in Syria, hitting 12 targets
British military attacks in Syria "may well become possible," says David Cameron
These Dramatic Before And After Images Of Syria Demonstrate "Success" Of US Foreign Policy
American "allies" in Syria: their shameful performance is perfectly explainable
PM: Iraq Would Welcome Russian Airstrikes
Iran-backed Iraqi militias are pouring into Syria
The Middle East is angry and bewildered by US inaction in Syria
Kurds Repel ISIS; Turkey Attacks Kurds; Kurds Welcomes Russia; Russians Bombers Slam ISIS…..
Netanyahu Iran Nuclear Deal Fight Over? Israel Prime Minister Agrees To Move On, US Officials Say
Netanyahu Calls For Home Destructions Amid Increased Violence In Israel
F-22 Raptors deploy to Middle East
France canceled Mistral sale to Russia under NATO pressure
Yemen govt. spokesman denies severing of ties with Iran
Yemen Conflict: 'Unremitting' Violence Takes Its Toll; Over 500 Children Dead, 1.7M At Risk Of Malnutrition
Giving Saudis a Pass on Yemen War
By supporting Saudi Arabia's war on Yemen, the U.S. is again finding itself on the same side with Al Qaeda in a Mideast conflict, a troubling pattern driven by a compulsion to excuse actions by U.S. "allies" no matter how outrageous.
Saudis Mull Launch Of Regional War As Russia Pounds Targets In Syria For Fourth Day
Drone market to hit $10 billion by 2024: experts
Maritime piracy cost West Africa two US$2 billion yearly
Befriending the Saudis Highlights U.S. Hypocrisy on Human Rights
Corporation vs. Nation: The Ultimate Showdown — No Trial, No Judge, No Jury
MSF denies Taliban was firing from Afghan hospital hit by air strike
Afghans Trapped By Fighting In City 'No Longer Fit For Living'
One Day After Warning Russia of Civilian Casualties, the U.S. Bombs a Hospital in Afghanistan

## Migrants/refugees ##
Germany wants migrants with no hope of asylum to be turned away at border
Germany faces logistical nightmare as refugee inflows hit record
Migrant Influx Ruffles Germans
Refugee Crisis In Germany: Hamburg Seizes Empty Buildings To House Hundreds Of Asylum Seekers In City
Eurotunnel services suspended as migrants storm Channel Tunnel
31 migrants found in refrigerated truck in France
Refugees Face Fences and Force in 'Prison-Like' European Hotspots
Europe Refugee Crisis: 630,000 Refugees Entered EU Illegally, Frontex Chief Says

## Global unrest/mob rule/angry people/torches and pitchforks ##
Rally held against national security legislation (Japan)
Clashes after Mexico City massacre protest
Unrest roils Jerusalem, West Bank after terror attack
Palestinian Stabs Israeli In Fresh Attack, Shot Dead: Police
Riot cop shoots Brazilian Occupy protester at point-blank range
Manchester march: Large protest at Tory conference
10,000 protest in Moldova over missing $1.5 billion

## Energy/resources ##
Half of World's Coal Output Is Unprofitable, Moody's Says
Africa Banking On Nuclear Power
Russian Crude Output Highest Since Fall Of Soviet Union
Energy Glut Alert——Iran To Boost Oil Output By 2 Million B/D, Natural Gas By 50%
Oil Bulls Lose Faith in Recovery as Russia Adds to Global Glut
Naimi: Saudi Arabia To Keep Up Energy Spending Despite Oil Drop
Gazprom chief says gas exports to Europe up 23 pct in third quarter
Falling prices, demand lead to negative outlook for North American coal: Moody's
US shale oil too expensive, peaks 1H 2015
Energy round-up: EVs back from the dead
I can't believe how utopian and simplistic this is. It reminds me of those people (the author is perhaps one of them) who say that it doesn't matter if we can't use oil any more as long as we have electric cars! This is perhaps presumptuous of me, but I would like to point out that without fossil fuels — and I mean LOTS of fossil fuels — it would be impossible to scrape together all the necessary resources from around the world, make the materials, manufacture parts, and assemble them into vehicles. Many of the parts are plastic, which is made from oil. Tires contain a lot of oil. Roads are constructed and maintained with oil (even asphalt comes from oil). And what about the electricity? All that "renewable" energy infrastructure is made with fossil fuels. The more you look into this, the more you see that the vision of an Electric Utopia is just another El Dorado. -- RF
Nepalis adapt to fuel shortage by carpooling, riding bikes
Uncertainty about oil supply makes a strategy for peak oil important. Government Accountability Office, 2007
Power outages hit rural industries, households (Bangladesh)
India facing power shortage despite record capacity addition

## Got food? ##
Italy tells EU it will opt out of growing GMO crops: statement
Bulgaria opts out of growing genetically modified crops SOFIA
Poland opts out of GMOs
15 of 28 EU member states opt out of GMO culture
Drought woes in California town highlight thirsty poultry industry
African crops, economies at risk as El Nino threatens to scorch and soak
Bee thefts on the rise as almond prices soar
10 Million at Risk of Hunger Due to Climate Change and El Niño, Oxfam Warns

## Lifestyle solutions ##
Retrotopia: A Change of Habit

## Environment/health ##
Exposure to toxic chemicals threatening human reproduction and health
Dramatic increases in exposure to toxic chemicals in the last four decades are threatening human reproduction and health, according to experts. Exposure to toxic environmental chemicals is linked to millions of deaths and costs billions of dollars every year, according to the authors.
Green living:  Someone Has to Sort Your Recycling and It's a Disgusting and Dangerous Job
Pain-pill abuse kills hundreds in our suburbs
A New Global Tinderbox: The World's Northern Forests
Rapidly rising temperatures, changes in precipitation, and increased lightning strikes are leading to ever-larger wildfires in the northern forests of Alaska, Canada, and Siberia, with potentially severe ecological consequences.
First US Public School District Limits Wi-Fi Radiation Exposure to Students and Staff
Ancient Romans had no need for dentists, because of one food they didn't eat
First car-free day in Paris results in lower air and noise pollution
What a surprise. -- RF
Heavy flooding in French Riviera leaves more than a dozen people dead
South Carolina hit by torrential rainfall, hundreds rescued

## Intelligence/security/internet/cyberwar ##
Experian breach may have exposed 15 million T-Mobile records
The 'Athens Affair' shows why we need encryption without backdoors
Hundreds of Canadian Artists Slam Anti-Terror Law for Its 'Direct Attack on Creative Arts, Free Expression'
Japanese arrested in China for espionage may have been sent by government
Japanese 'spy' detained by China may be North Korean defector
'Peeple,' the human-rating app, gets little love
Judge Shields TPP From Freedom Of Information Act
Homeland Security Detains Stockton Mayor, Forces Him To Hand Over His Passwords Without Warrant

## Propaganda ##
U.S. Politicians are Asked About Saudi Atrocities…Here's What Happened Next
"They're Hopping Mad In The US And Saudi Arabia": Russian Strikes In Syria Spark Epic Western Media Propaganda Blitz

## Systemic breakdown/collapse/unsustainability ##
Honda recalling 143,000 Civics, Fits to fix faulty software
Engineers give New York poor grades for infrastructure
The state's 17,456 bridges received a grade of D+. More than 2,000 bridges statewide are considered structurally deficient. More than 50 percent of New York's bridges are 75 years old, and more than 400 are 100 years old, the report states.
New Gerald R. Ford carrier class, as predicted, called $13 billion 'debacle'
As the Gerald R. Ford-class aircraft carrier enters the annals of troubled acquisition programs — billions over budget, years behind schedule — it follows a familiar script, becoming yet another example of how the Pentagon struggles with buying major weapons systems.
A distant mirror: bimillenary of Germanicus' campaigns in Germania
Detroit is even putting worms to work revitalizing city
The idea is to keep precipitation out of the city's overburdened combined sewer overflow system and, in a tiny way, contribute to savings millions of dollars in big-pipe sewer infrastructure that won't need to be built.

## Japan ##
Fukushima: the World's Never Seen Anything Like This
Abe's ¥600 trillion GDP goal called 'impossible'
On Tuesday, the top executive of a leading business lobby called it an "outrageous" and "impossible" numerical target.
Japan opens new immigration intelligence center
Japan's intelligence unit to monitor terrorism in 4 regions
The government plans to set up four groups to monitor terrorist activities in Asia, Africa and the Middle East under the Foreign Ministry's intelligence gathering unit expected to begin operating next April, government sources said Saturday.
Japan to restart second reactor on Oct. 15 under post-Fukushima rules
Protesters march over PM Abe's war bill in Tokyo
Police push for charges against TEPCO, execs over pollution problems after nuclear disaster
Police are pushing for criminal charges to be filed against Tokyo Electric Power Co. and 32 of its current and former executives over leakages of contaminated water from the Fukushima No. 1 nuclear power plant.
Flu vaccine prices uniformly rise 50 percent in Japan
Demonstrators protest My Number at rally in Shibuya

## China ##
Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt
Capital Flows To Emerging Markets To Turn Negative For First Time Since 1980s
Oops! Chinese Billionaire Behind New Nicaraguan Canal Drops 90% in 3 Months
Parking Spaces in Beijing Now More Expensive Than Some Apartments
Alipay expands to Japan and Singapore
China UnionPay seeks to turn its bank cards into international force
Chart Of The Day: China Containerized Freight Index Down 30% From Early 2013
China's excess crude steel still a problem
Huge Power Outage Plunges Large Swathes of Guangzhou Into Darkness
China's Desperate Battle Against Separatist Terrorism

## UK ##
UK helped Saudi Arabia get UN human rights role through 'secret deal' to exchange votes, leaked documents suggest
It's Official – UK Admits "Human Rights" No Longer a Priority of British Foreign Policy
David Cameron says that he would use nuclear weapons
Dozens of bodies to go unburied because of gravedigger shortage
The Labour-run Newcastle Under Lyme Borough Council told grieving relatives that no one can be buried in any of their eight cemeteries for three weeks, blaming funding cuts
UK policy in Syria hampered by 'wishful thinking'
Lt Gen Sir Simon Mayall said the UK had underestimated the staying power of President Bashar al-Assad. In an interview with BBC Newsnight, he painted a picture of a UK being in a strategic muddle over Syria and described Russia's intervention as "hugely significant".
Redcar steelworks owner goes into liquidation threatening all 2,200 jobs
Noisy protests keep Conservative conference attendees awake
Half of teachers could leave the profession in two years
Young people spend more on takeaways than any other age group because they don't know how to cook

## US ##
9/11 victims' families unable to sue Saudi Arabia for alleged al-Qaeda support, says US judge
U.S. system designed to prevent financial crisis 'likely to fail,' say experts
Unemployment Claims Still Sailing Along At Record Lows, Withholding Taxes Down Slightly in Q3
Employers continue to ignore the signals sent by the recent stock market fracture. They are still hoarding their low cost labor forces at a record rate, exceeding that of any past bubble in history.
GDPNow Forecast Plunges to 0.9% Following Advance Report on US Balance of Goods
An ailing global economy starts to weigh on US job market
US Mint Sees Record Silver Sales In Q3 As Physical Demand "Is Absolutely Through The Roof"
How America's "Think Tanks" are Compromised and Bought Off by Foreign Governments
Cashin: This is not going to be a pleasant Christmas
Payroll Disaster: Establishment Survey +142K Jobs, Employment -236K; Labor Force -350K; 59K Downward Revisions
Bartenders And Wait Staff Dominate Jobs Added, Manufacturing Jobs Decline
This Chart Truly Depicts New, Terrible Trend in Jobs Mess
Factory Orders Hit the Skids, Last Month Revised Lower, Shipments Down 4th Time in 5 Months
How Local Governments Got Burned by Private Prison Investments
Get ready for a 'destruction of wealth' as stocks head toward a bear market
More Than 70 Overdose Cases Reported in Chicago in 72 Hours
Wage Apocalypse for the American man: Typical male worker earned less in 2014 than in 1973.
Corporate Layoff Surge To Q3 2009 Level, Stock Buybacks At Record Levels
U.S. hedge funds brace for worst year since financial crisis
Young Americans Are Giving Up on Getting Rich

## The candidates ##
Those who know Fiorina best aren't giving to her
Carly Fiorina endorses waterboarding 'to get information that was necessary'
Hillary Clinton Gets Endorsement Of National Education Association
Who Owns Your Candidate?
Koch Brothers, Other 2016 Mega Donors Warm To Carly Fiorina
Trump vs. Fiorina vs. Obama on Isis; Fiorina and the "Law of Bad Ideas"
Donald Trump says arming more people would cut deaths in mass shootings
Trump: Middle East Would Be More Stable With Saddam and Gadhafi

And finally...
Suspected car thieves arrested after sending selfie to vehicle owner
Husband says wrong name during sex, gets stabbed

Thursday, October 01, 2015


News Links, October 2, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
World Trade Organization Slashes Trade Forecasts Amid Sluggish 2015, China Woes
We've Seen This Picture Before—–Global Markets Down $13 Trillion Already
World Set For Emerging Market Mass Default——Even The IMF Sees It
Look Out Below: Corporate Debt In Emerging Markets Has QUADRUPLED Since 2004
Mitch Feierstein: Firms too big to fail before, like JPMorgan, are bigger now – and not any safer
VW Board Considering Steps To Prop Up Credit Rating: Sources
VW plant cuts shift, financial arm freezes hiring
Why millions of Russians could file for bankruptcy today
Australia's "Black Swan Moment"
Emerging Markets—Mountains Of Debt, Inflated Equity
El-Erian: Emerging markets are 'completely unhinged'
ETF Investors Exit Emerging-Market Stock Bets as China Falters
Central Bankers Have Sown The Whirlwind——-More Glencores Ahead
Walmart Job Cuts: Retail Giant Likely To Lay Off Up to 500 Employees At Headquarters, Report Says

## Airline death spiral ##
What Is First Class These Days? It's Complicated
Russia And Ukraine Conflict Takes To the Skies: Airline Sanctions Are Latest High-Flying Economic Battle
United's new CEO acknowledges airline's failures

## Fault lines/flashpoints/powder kegs/military/war drums ##
Moscow's Moves in Syria Exploit Limits of Obama's Containment Strategy
Russia Begins Airstrikes Against ISIS in Syria
Russia Urges US to Join Baghdad-Based Anti-ISIS Intel Sharing Program
Iran troops to join Syria war, Russia bombs group trained by CIA
Regime Change is Coming – Saudi Prince Calls for Coup to Remove King
Europe Urged To Expand Military Use of Renewable Energy
European countries have been warned that threats to energy security in Europe demonstrate the importance of expanding the use of renewable energy in the armed forces.
But it won't save the industrial-age military. The need for oil will lead the major powers into more conflict in order to lock down all they can. -- RF
The Great Game and Future wars over oil: Will China and the U.S. collide?
Spain Leaps Toward Political Breakdown
Amid Ukraine War, Russians Don't Want Donetsk and Luhansk People's Republics To Become Part Of Russia, Poll Finds
Why Iran Is Aiding Syria
In spinning another propaganda theme, Official Washington is putting out the storyline that Iran is supporting Syria only to appease hardliners in Tehran, but the reality is that top Iranian leaders agree that a victory by the Islamic State or Al Qaeda must be prevented.
Russia-Norway Conflict? Defenses Being Modernized Amid Russian Arctic Military Buildup
Russia, US Open Deconfliction Talks
Saudi Arabia Forces the UN to Drop Humanitarian Inquiry Into Yemen Atrocities
Unification with China not on agenda, says Taiwan president

## Global unrest/mob rule/angry people/torches and pitchforks ##
Seven dead in 'parcel bomb' explosions at 17 sites in Chinese town
Indian man brutally killed by mob over rumor he ate beef
Protesting Big Pharma 'Death Sentence,' Cancer Patient Arrested Outside TPP Talks
Student debt protesters interrupt Florida university president address

## Energy/resources ##
Default on Brazil electricity market grows - traders
Default on the Brazilian electric energy market has spread to critical levels, energy traders said on Tuesday, as hydroelectric generators balk at hefty bills for which the local regulator says they are on the hook.
Trouble Ahead For The World's Next Shale Boom?
As Shell Scraps Arctic Drilling Plan, Gov. Declares: 'We Need To Get Some Oil in that Pipeline... Quick'
Yieldcos Dead In The Water And Rooftop Solar A Liability
Fortune: "Frackers Face Mass Extinction"
Canada's native chiefs reviewing treaty to block oil industry expansion
Native chiefs in the Western Canadian province of British Columbia voted on Wednesday to join some of their eastern counterparts opposed to a major pipeline project, in a move some leaders described as a step toward a national alliance aimed at blocking expansion of Alberta's oil sands industry.
A Texas tale of two winds
From mid-August to mid-September, the availability of wind generation in the most heavily-stocked market did a virtual U-turn.

## Infrastructure scavenging ##
Metal thieves caused £581,000 worth of rail disruption by £43 cable theft
Eurostar trains delayed after thieves in France steal electric cables

## Lifestyle solutions ##
A HomeSchool Parent Confronts "Back-to-School Week"

## Environment/health ##
Indonesia provides "nice air" most of the time, and all you do is complain about the pollution
All car companies cheat on emissions tests—it's just that most do it legally
Monsanto Under Fire: Maker of Cancer-Causing Herbicide Sued by US Workers
Plastic-eating worms to ease pollution problems
Uganda's forests dwindle as illegal settlers hollow them out
Nuclear waste disposal in boreholes drilled into earth's crust

## Intelligence/security/internet/cyberwar ##
Thai Government Websites Go Offline In DDOS Attack
For Years, the Pentagon Hooked Everything To The Internet. Now It's a 'Big, Big Problem'
Hacker University: Cyberattackers Target Military Research, Student Records At 'Soft Target' US Colleges
Spies At Oktoberfest? German Intelligence Agency Pays For Secret Agents To Get Drunk At Annual Beer Celebration, Report Finds
Environmental Activists Continue to Face Interrogations at US-Canada Border
US Customs is collecting the personal information of every Amtrak passenger
Angela Merkel caught on hot mic griping to Facebook CEO over anti-immigrant posts
A 'Yelp'-Style App for Rating People Is Coming, and It's Absolutely Terrifying
Trump Hotels Confirm Hack Exposed Customer Credit Card Info
Hackers Tried to Access Clinton's Private Email at Least 5 Times: Report

## Propaganda ##
Propaganda War Begins: Russia's Syria Strikes Targeted US-Backed "Moderate" Rebels, West Says
Despite Brutal Irony, US Accuses Russia of 'Pouring Gasoline on Fire' in Syria
More Anti-Russian Bias at the NYT
The anti-Russian bias of the New York Times is hard to miss as it consistently puts Moscow's actions and intentions in the worst possible light, in stark contrast to the warm glow that usually surrounds military actions by the U.S. and its "allies."
Obama's Ludicrous 'Barrel Bomb' Theme
In addressing the United Nations, President Obama singled out for condemnation Syria's President Assad and his alleged use of "barrel bombs," but Obama was silent on his own use of far more powerful ordnance or the civilian tolls from Saudi/Israeli attacks with highly lethal U.S. bombs.
HBO and Snapchat are Actively Working with the U.S. Government to Create Propaganda

## Systemic breakdown/collapse/unsustainability ##
Following in Ancient Rome's Footsteps: Moral Decay, Rising Wealth Inequality
You Can't Separate Empire, the State, Financialization and Crony Capitalism: It's One Indivisible System
The great irony is what's unsustainable melts into thin air no matter how many people want it to keep going.

## Japan ##
Japanese politician in sexism row after call for women to have more babies
Bank of Japan tankan survey: Corporate sentiment worsening
Japan seeking to build submarines in Australian shipyards
USS Ronald Reagan arrives in Japan for security support

## China ##
China Car Tax For Small Engine Vehicles Cut In Half In Hopes To Boost Auto Market
Jim Chanos: China's Emperor Down To His Underwear
The Start Of China's Unrest? Southern China City Rocked By "Massive" Bomb Explosions, At Least 6 Dead
Xi pledges US$100m in military aid to African Union; 8,000 troops to UN
China's First Indigenous Aircraft Carrier May Be Under Construction, New Satellite Images Show: Report
China Bought Gold With Proceeds From Record Sale Of US Treasurys

## UK ##
Bank of England: Economic concerns with green future
Acid attack hospital admissions have almost doubled in last 10 years
Data obtained by the Guardian shows a worrying rise in assaults using corrosive substances, while many incidents still go unreported
Elephant Grass Could Offer Viable Alternative to Coal
Waste of precious farmland. -- RF
Number of UK workers on minimum wage expected to double by 2020
Volkswagen crisis: Car giant removes 4,000 new diesel cars from showrooms in Britain

## US ##
Next Shoe to Drop on Stocks? Junk-Bond Meltdown Hits M&A
US Manufacturing Recession Draws Eerie References to 2009
So Much For The US Export Boom——-Shipments Heading Down For 2015
Groups Challenge Wyoming's 'Downright Un-American' Censorship Laws
Chicago PMI at 48.7 in Sept vs 53.0 reading expected
Food Stamp Growth Outpaces Illinois Job Creation 5-4 During Recovery
Municipal Bankruptcies and more on the way
US municipal bond sales up 40% this year
Becoming China: Ghost 'Man-Camps' In North Dakota
Is The U.S. About To Break One Of Its Own Nuclear Treaties?
David Stockman On CNBC: 'We're On The Fiscal Titanic"
GPS jammers increasingly used in cargo thefts
6 Out Of 6 Fed Surveys Say US Is In Recession
Oops, Atlanta Fed's GDP Forecast Suddenly Plunges
'America's Gun Violence Epidemic' Continues with Mass Shooting in Oregon
Dunkin' Donuts closes 100 stores

## The candidates ##
Carly Fiorina Laments That Politics Is 'A Fact-Free Zone'
She ought to know. -- RF
Likely GOP Voters Call Donald Trump 'Idiot,' 'Jerk,' 'Stupid,' 'Dumb' As Most Common Descriptions, Poll Finds
Trump vows to send Syrians back if elected US president
Bernie Sanders Hits 1 Million Online Donations Faster Than Obama
Teamsters Abandon Democrats? Union Withholds Hillary Clinton Endorsement After Twice Backing Barack Obama
The Beatings Will Continue Until Morale for Hillary Improves

## And finally...
Wisconsin refutes hoax that lawn ornaments counted in state deer tally
Being Batman Costs Bruce Wayne $682,450,750

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