Tuesday, June 30, 2015

 

News Links, July 1, 2015

## Global Ponzi meltdown/House of Cards ##
As Deadline Looms, Puerto Rico's Debt 'Is Not Payable,' Governor Says
Puerto Rico Debt Crisis: Government Shutdown, Tax Increases, High Unemployment, Other Woes Plague US Commonwealth
Bond Insurers Crash, Hit by Puerto Rico's Default Shrapnel
Greece Becomes First Developed Country To Default To The IMF
Greece May Not Even Have The Funds To Conduct A Referendum
Greece debt crisis: Banks to remain shut all week
Fitch downgrades Greek banks to 'Restricted Default' after government imposes capital controls
Greece, Democracy and Magical Thinking
Panicked Hedge Funds Now Praying for a Miracle in Greece
Low Interest Rates May Be The New Normal, Bank For International Settlements Says
Does HSBC Know Something Other Banks Don't?
French Economy In "Dire Straits", "Worse Than Anyone Can Imagine", Leaked NSA Cable Reveals
16 Facts About The Tremendous Financial Devastation That We Are Seeing All Over The World
Biggest One-Day Selloff in S&P 500 Since Feb 2014
7 photos that sum up what it looks like in Greece today
The Care and Feeding of a Financial Black Hole

## Airline Death Spiral ##
State of Delaware no longer has regular passenger service
Game of Chicken with Iran
In lock-step with Israeli hardliners, U.S. neocons continue their campaign to block a nuclear deal with Iran even if the tight restrictions would serve broad American interests and avert another Mideast war. That has left Secretary of State Kerry in a dangerous game of chicken.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Armenians continue protest despite suspension of power price rise

## Energy/resources ##
Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back
Crude oil's plunge is leaving drilling rigs idle from Africa to Latin America as the world's biggest energy companies curtail spending and stall projects. Their smaller rivals are seizing the opportunity to gain ground.
The Coming Financial Apocalypse For U.S. Shale
Bangladesh Running Out of Natural Gas
Dhaka:  Should the current rate of extraction continue, the natural gas reserves of Bangladesh will run out in 2031, which would endanger the energy security of the nation, as revealed yesterday by an official source.
Grow Your Food in a Nook and Cranny Garden, Part 2
Things just got a lot worse over at McDonald's
McDonald's customer satisfaction ratings are getting worse, and it's dragging the rest of the fast food industry down with it, according the American Customer Satisfaction Index Restaurant Report 2015.

Common Chemicals May Cause More Cancer Than Previously Thought
Researchers say they've identified dozens of chemicals that push the body one step closer to cancer, even at low exposure levels.
'Top Predator' Humans Causing Catastrophic Ecosystem Shifts: Study
Human activity is leading to an international decline in the variety of plants and animals through extinction, as organisms not useful to human needs are killed off by ecosystem changes or over-exploitation, according to a new study.

## Intelligence/security/internet/cyberwar ##
WikiLeaks Publishes More Documents Revealing Saudi Connection Against Syria And United States
According to documents leaked by WikiLeaks, a secret treaty among Qatar, Turkey and Saudi Arabia shows they intended to overthrow the Syrian government. The revelation came from Julian Assange, the founder of the controversial website.

## Systemic breakdown/collapse/unsustainability ##
As with the airport/airline security apparatus, the increasing expense of security in all sectors will help drag down the economy even faster. -- RF
Komatsu CEO says sluggish construction sales show worsening China slump
Komatsu Ltd.'s customers in China are reluctant to buy construction equipment because they are unsure when building projects will start, underscoring the challenges the Japanese supplier and its peers face in a market that is cooling more than expected.
They might want to consider Chinese instead. -- RF
Why your patio is making the heatwave even hotter
Government's official climate change advisers urge city-dwellers to stop paving over their gardens
"I think America is out of hand": The shocking numbers that reveal just how burnt out American workers are
Productivity has exploded in the American workforce in recent years, but at a terrible cost

And finally...
#Whoops: Canada cops accidentally broadcast blowjob conversation from helicopter
Police call expert to remove snake from the back of computer, turns out to be a cable


Sunday, June 28, 2015

 

News Links, June 29, 2015

## Global Ponzi meltdown/House of Cards ##
Greece Bank Run Empties Over A Third Of ATMs Of Cash
Eurozone Rejects Greek Bailout Extension: All Bailout Programs Expire On June 30, Referendum Moot
Greek Youth Unemployment Rate Above 50%
Macedonia Tells Banks To Pull Money From Greece
Greek Financial Crisis: Greece Orders Banks Shuttered Monday
ECB Considers Constricting Emergency Funding Of Greek Banks
Wave of contagion expected after dramatic weekend raises 'Grexit' chances
The Global Credit Market Is Now A Lit Powderkeg —And markets are totally unprepared
Its 1929 In China—-Here's The Chapter And Verse
China makes 4th recent cut in interest rate to boost economy
Russia Will Hold Key Positions In China-Led Asian Infrastructure Investment Bank
Tunisia Attack Could Be 'Nail in the Coffin' for Tourism
As a merger wave swells, companies dare the government to stop them
Why Banks Rob Depositors: "Because That's Where the Money Is"
War on cash: India, Where Cash Is King, Poised For Mobile-Payments Revolution As Internet Giants Alibaba, Amazon Move In
Why We're Headed Toward A "Cashless Society"
Do Not Ignore Europe… That Same Crisis is Coming to the US
Reem Mall: Another shopping paradise coming to Abu Dhabi – in pictures
Spread across 2 million sq ft, Reem Mall will feature approximately 450 stores, including 85 restaurants and a range of family-focused entertainment offerings.
Dubai's Damac launches new Paramount hotel, residences

## Airline Death Spiral ##
Paris Bomb Threat Forces Evacuation At Charles De Gaulle Airport After Terror Attack
Plane from New York to Kuwait diverts to UK after declaring state of emergency
Airport expansion: It's build, build, build in much of the world
Boston-Bound Flight Turns Around For Passenger Who Wouldn't Stop Smoking

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russia Developing Electronic System Capable Of Disabling Cruise Missile, Enemy Military Satellites
Huge Disconnect Between NATO Bellicosity And Declining Defense Spending Throughout Europe
Despite the heated rhetoric coming from Stoltenberg and his spin factory, NATO HQ is having a difficult time getting its member states interested at all in the Russian threat. NATO member countries — particularly those most geographically vulnerable to the claimed Russian aggression — are not only not ramping up military spending, but in some cases are actually cutting their budgets.
European tour operators evacuate thousands from Tunisia after attack
Turkey Considering Sending Troops Into Syria To Fight Syrian Kurds, ISIS: Report
The NATO Buildup On Russia's Border——Groundless Pretext For Cold War Revival
Russia to ban Coca-Cola and Pepsi
EUNAVFOR: Switching from pirates to migrants?
Top German Politician Blasts Nuland & Carter: "F##k US Imperialism"

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands March In Honduras To Demand Resignation Of President
Thousands of angry, torch-bearing Hondurans marched on Friday to call for the resignation of President Juan Hernandez and demand an independent probe into one of the worst corruption scandals in the country's history.
Armenian president tries to end days of protests
Armenia's president tried to ease days of tension by suspending an increase in public electricity bills, pending a review of the decision, but failed to end a protest by thousands of people.
Anti-water charges protests in Limerick
Confederate Flag Rallies: Thousands Gather To Support Flag In Several Southern States Over The Weekend
Istanbul Pride 2015: Turkish Riot Police Fire Water Cannon, Rubber Bullets At Pride Parade

## Energy/resources ##
Nigerian president dissolves state oil company board
Many Underground Aquifers In Trouble, New Research Shows
Indebted Shale Oil Companies See Rough Ride Ahead
Germany's oldest remaining nuclear plant shuts down
The Latest: Greek refiner denies rumors of fuel shortages
Stage 2 load shedding hits South Africa today
Emergency plan for total power blackout launched (South Africa)

## Infrastructure scavenging ##
Stone thieves are dismantling Yorkshire's heritage, warn police (UK)
'We're getting calls left and right,' police say of cemetery theft spree
Telekom offers RM1,000 reward to nab cable thieves (Malaysia)
Verizon Offering up to $10,000 for Information Leading to Copper Thieves (US)

## Got food? ##
14 Brands Of Bottled Water Voluntarily Recalled Due To Potential E. Coli Contamination

## Environment/health ##
South Korea reports 32nd MERS death
If you want to be ecologically correct, it would make sense just to let your lawn grow into weeds and bushes, enabling insects, birds, and small animals to thrive. City people would hate it, but the ecosystem would love it. At any rate, the love affair with lawns is unsustainable. -- RF

Container lid bolts for low-level nuclear waste might be failing
The bolts used to secure covers on metal containers for transporting low-level radioactive waste by sea might be failing, Nuclear Fuel Transport Co. disclosed over the weekend.
Retired bureaucrats fill 20% of outside director posts at major companies
Nearly 20 percent of outside directors at major Japanese companies are retired officials who once held high positions at  government ministries and other institutions.

## China ##
China Cuts Interest Rates Again To Support Economy
Chinese city of Shanghai stymies protest over chemical plant
Police in China's financial hub Shanghai took away at least three busloads of environmental protesters outside the city government Saturday, preventing the latest rally that started with a rumor that a petrochemical plant could move into the area.
Calais migrants: Britain to build huge fence at Channel Tunnel port in France
James Brokenshire, the Immigration Minister, tells the Telegraph he is holding urgent talks with hauliers to improve security on foreign lorries and sending two miles of security fencing to tackle the migrant crisis
UK 'not on track to end child poverty by 2020' as figures remain unchanged
Number of homeless families housed in B&Bs rises 300% in five years
Official figures show nearly 50,000 families in England are living in temporary accommodation, laying bare the impact of government cuts
11,000 street lights switched off across Worcestershire - saving taxpayers £2,900 a WEEK

## US ##
These 3 Countries Worry Corporate America the Most
Hint: Greece not among them. -- RF

Friday, June 26, 2015

 

News Links, June 27, 2015

## Global Ponzi meltdown/House of Cards ##
Greece Invokes Nuclear Option: Tsipras Calls For Referendum
Marine Le Pen: Just Call Me Madame Frexit
Puerto Rico Approaches A New Fiscal Year With Mounting Debt, Rising Taxes, Fewer Public Services
The Liquidity Crisis Intensifies: 'Prepare For A Bear Market In Bonds'
Canada's Oil Patch Goes Into Convulsions
There's Something Wrong With Growth All Around The Planet—It's The Serial Bubble Age Since 1995
General Mills to cut jobs under new restructuring plan
General Mills Inc (GIS.N), the maker of Cheerios cereal and Betty Crocker cake mixes, said it would cut 675-725 jobs in its international business under a new restructuring plan aimed at cutting costs and boosting growth.
Three obvious lessons from Indonesia's financial crisis
The Five Horsemen (and One Horsewoman) of Europe's Monetary Apocalypse
Major Shift In Asian Commodity Demand Already Underway
Australia Post slashing jobs in cost-cutting drive
China stocks plummet as investors stampede out of the market

## Airline Death Spiral ##
Police search Ryanair jet in Poland after hoax bomb call
Anti-Uber protest in Paris blocks road to airports
Airline Pilots: Low Pay Drives Disputed Pilot Shortage
Low pay, high academic debt and quality of life issues dissuade people from pursuing a career as an airline pilot, speakers said June 25 during a day-long conference organized by the Air Line Pilots Association (ALPA). Those factors contribute to a pilot shortage, although the extent of the shortage is disputed.
Airlines could ban drunk passengers from flying for life in crackdown on 'disruptive' travellers
New Chicago aviation chief warns O'Hare falling behind
O'Hare International Airport is falling behind other global hubs as it grapples with flight delays, gate shortages and a largely humdrum terminal experience for passengers, Chicago's new aviation chief warned business leaders Thursday.
Can Kenya Airways And South African Airways Recover?
China's aviation boom drives airport building frenzy
Skeptics warn about white elephant projects such as the barely used $6 million airport in Dachangshan island off China's northeast coast. Many existing airports are also in losses due to huge upfront investments.
Budget carriers propose charging for check-in baggage
Frontier Airlines officially departs Delaware

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey accused of allowing Islamic State fighters to cross its border in Kobane attack
Islamic State militants attack 2 cities in northern Syria
Triple Attack On Three Continents May Signal ISIS Ramadan Strategy
Saudi Airstrikes, Fighting Kill Nearly 100 in Yemen
Turkey's Troubling War on Syria
In Syria, the war to overthrow the secular government in Damascus has attracted Islamic militants from around the world, but they have relied on funding and support from Saudi Arabia, Qatar and – perhaps most importantly – Turkey, where an election reflected growing popular resistance to this war policy.
Why Putin's ICBM Announcement Does Not Signal a New Nuclear Arms Race
The Russian President's announcement was entirely line with previous expectations, and won't add any new capabilities to Moscow's arsenal.
Italy rebukes EU leaders as 'time wasters' on migrants plan
EU migration meeting turns into fracas
US drone pilot stress is unprecedented
A Missouri senator is pressing her concerns over combat stress among drone pilots, yet another sign of the troubles plaguing the Air Force's burgeoning warfare program.
Japan, China to agree on procedures for unexpected military encounters
Terror alerts high in Europe after decapitated body left at scene of attack in France
Vatican signs first treaty with 'the State of Palestine'
Neocons Urge Embrace of Al Qaeda
The latest neocon gambit is to build support for "regime change" in Syria by downplaying the evils of Al Qaeda, rebranding it as some sort of "moderate" terrorist force whose Syrian affiliate is acceptable to Israel and supported by Saudi Arabia. But this audacious argument ignores reality.
Filipino officials: Despite statements, China island-building in full swing

## Global unrest/mob rule/angry people/torches and pitchforks ##
Armenia's 'Electric Yerevan' protests enter seventh day
Irate French taxi drivers smash cars in strike against Uber
Hundreds of Hawaiian Protesters Stall Construction of Massive Telescope
Eritrean protesters demand asylum in Israel

## Energy/resources ##
Nigeria Replaces Saudi Arabia As Top Crude Oil Supplier To India
Nuclear Power: Big Money in Shutting Down
The Growing Sino-Latin Energy Relationship
Huge Increase In Quakes A Game-Changer For Oklahoma Oil & Gas
Russia's top natural gas producer Gazprom may build gas storage facilities in China: RIA
Rigzone 2Q Survey Reveals Oil, Gas Companies Reluctant to Hire
Saudi Aramco's expansion projects feed growing domestic demand
TransCanada Blames Low Energy Prices For Latest Job Cuts
This Week In Energy: Oil Prices Under Pressure From All Sides
Gazprom building global alliance with expanded Shell
Survey: Oil Prices Expected to Go Lower for Longer
Rosneft First-Quarter Profit Falls 35% After Oil Prices Drop

## Got food? ##
As California gives more room to chickens, egg production drops 16%
GM wheat crop fails to repel bugs, £3m trial branded 'a waste'

## Environment/health ##
Study: MRI contrast agents leave heavy metal deposits in brain
Heavy Rains In India: 70 Dead in Gujarat, Flood Alert In Jammu And Kashmir
South Korea MERS Outbreak: Health Ministry Confirms Two More Deaths
Giant Toxic Algae Bloom Poses Threat to Humans and Wildlife on US West Coast
Pakistan heat wave eases after more than 1,150 die
Are Cancer Drugs Becoming Too Costly for Their Effectiveness?

## Intelligence/security/internet/cyberwar ##
Does alleged NSA hack of Kaspersky signal new front in cyberwar?
Newly released documents reveal a systematic campaign to reverse-engineer anti-virus software produced by firms like Russia's Kaspersky Labs, allowing intelligence agencies to uncover vulnerabilities that could help subvert them.
US embassy in Paris is 'home to secret spy nest'
Christie's Conspiracy: The Real Story Behind the Fort Dix Five Terror Plot
Turns Out the US Launched Its Zero-Day Policy in Feb 2010
Japan Justice Ministry takes PCs offline due to suspected virus attack
The Justice Ministry said Thursday it has shut off its internal computer network's Internet connection after discovering a suspected virus infection in one of the terminals.

## Propaganda ##
There Must Not Be Peak Oil (the logic of wishful thinking)
War on Whistleblowers, After Obama
The war on whistleblowers has injected fear of prosecution into all honest communications between national security officials and reporters, meaning that the public instead gets a steady diet of U.S. government lies, propaganda and self-serving rhetoric.
Selective Outrage on 'Terrorism'
America's view of "terrorism" is distorted by politics and bias, with intense hostility toward the Islamic variety but with much more tolerance of other forms, such as Cuban "anti-communist" violence and right-wing extremist murders, as underscored by a new study.

## Systemic breakdown/collapse/unsustainability ##
Collapse, Part 4: Loss of Faith in Public Institutions
Public institutions are now devoted to serving their own vested interests or the interests of private financial Elites. Though we may think of collapse in terms of ATMs not working and rampaging mobs, collapse actually starts with the intangible loss of faith in public institutions: elected officials, law enforcement, the justice system and the agencies of financial regulation (anti-trust, etc.).
Collapse, Part 5: Things Fall Apart
It is impossible to wean an economy that relies on debt and leverage for its "growth" of excessive debt and leverage.
Suicide Rates In Greece For Working-Age Men Spike As Economy Crumbles
Subaru recalls 72,000 vehicles in U.S. for possible auto brake failure
Are We on the Verge of a Nuclear Breakdown?
Climate Change Impacts Could Collapse Civilization By 2040, States UK Govt Report
Study: Democracy Declining in More Than Half of U.N. Member States
The Delusion of Control

## Japan ##
Media fire back at LDP for targeting revenue of newspapers critical of security bills
Recent calls from the younger ranks of Prime Minister Shinzo Abe's Liberal Democratic Party to "punish" media critical of the government's contentious national security bills have sparked an industry outcry, providing ammunition to the opposition and even raising the eyebrows of veteran ruling party lawmakers.
Japan's Economy to Grind to a Halt in 2nd Quarter, JPMorgan Says
Girl singing group's anti-LDP lyrics cause city to pull support of event
The city said it will issue an after-the-fact retraction of its support of a local event where idol group Seifuku Kojo Iinkai (Uniform improvement committee) sang, "Let's topple the LDP government" and "the LDP, the root of all evil."
Japan's New Surveillance Jet Expands Scope for Patrols
Video: Japan Open to Joining U.S. in South China Sea Patrols
Japan's military would consider joining U.S. forces in regular patrols in the South China Sea, the country's top uniformed officer said in an interview with The Wall Street Journal, expressing concerns about China's military build-up.
Shareholders reject zero N-power proposals
Record number of workers suffer job-related mental illnesses

## China ##
China is gearing up to let its banks borrow as much as they want
Like many other big cities around the world, Beijing will eventually turn into a no-man's land. -- RF
Shanghai composite and Shenzhen composite down 7.4 and 7.9 percent respectively in one day.

## UK ##
Official Child Poverty Levels Expected To Rise
Trouble ahead for UK's nuclear hopes
The next generation of reactors in the U.K. has been in the works for a decade, but now a looming challenge in the European Court of Justice attacking nuclear subsidies, growing technical problems and cost overruns are casting doubt on the idea of using nuclear to meet emissions reduction targets.
Wrench appears in British shale gears
The dark side of America's reluctant part-time workers
Nearly half of the 26.5 million Americans (46%) who work part-time are desperate to work full-time, according to a new report — "A Tale of Two Workforces: The Benefits and Burdens of Working Part Time" — by Rutgers University.

## The Clintons ##


Wednesday, June 24, 2015

 

News Links, June 25, 2015

## Global Ponzi meltdown/House of Cards ##
Global Cooling Alert: Industrial Metals Index At Six-Year Low, Key Support Level Threatened
Nigeria: President Buhari says treasury 'virtually empty'
70% of Greek mortgages aren't being paid because the economy is so bad
Facing "Full Blown Crisis", Bank Of Greece Enlists Security Firm To Ensure ATMs Stay Stocked
Germany Rejects Greek Offer; Syriza Mutiny Over Concessions
Bankrupt Governments and Negative Interest Rates
French Unemployment Hits Record High: 80th Consecutive Month Of Rising Joblessness
China, Japan Factories Slow To Respond To Stimulus
The World's Biggest Economies Are About to Feel the Impact of China's Slowdown
"Sentence First, Verdict Afterwards": The Alice in Wonderland World of Fast-tracked Secret Trade Agreements
Warren Buffett: Derivatives Are Still Weapons Of Mass Destruction And 'Are Likely To Cause Big Trouble'
Bubble Alert: How A 29-Year-Old Grew A $1 billion Tech ETF In 7 Months That Trades At 660X Earnings
Is China's current situation like the bursting of the Japanese bubble in the 1980s?
The crucial difference — not touched on this this article — is that we are now on the cusp of global collapse. -- RF
Uncertain future for global diamond trade as profits vanish
Ford Motor Corp is testing car-sharing program that allows owners to rent their vehicles
Signs Swedish QE Backfiring as Liquidity Evaporates
France, Saudi Arabia Announce $12B in Deals
A Hole In The Dry Bulk Hull
Bulkcarrier earnings in 1H 2015 are on course to hit the lowest half-yearly level so far this century, due to limited trade growth and chronic oversupply in the fleet.

## Airline Death Spiral ##
Air rage passenger forced jet to land at Belfast International after demanding nuts and crackers, court hears
Airline passenger 'so drunk he didn't know what country he was in' jailed for sexual assault on cabin crew
3 unruly passengers removed from flight at Logan Airport
All Airlines Have the Security Hole That Grounded Polish Planes
Look Who's Trying to Squash Fears that the Bad Old Times Are Back for US Airlines
Gov't considers introducing body scanners at airports across Japan
Southeast Asia braces for MERS, boosts screening at airports
MERS outbreak forces S. Korean carriers to cancel 230 flights to Japan
Allegiant's Own Pilots Say Airline Cuts Corners
Allegiant Airlines finds itself at a crossroads after its own pilots accused the Las Vegas-based carrier of cutting corners on maintenance and operations.
Airlines report shocking rise in drunken and disruptive passenger behaviour

## Fault lines/flashpoints/powder kegs/military/war drums ##
Taliban has major Afghan city within its grasp for 1st time since 2001
U.S. to pre-position tanks, artillery in Baltics, eastern Europe
The War Party's Foolish Confrontation With Russia Is Heading Into A Dangerous Dead End
War 'Inevitable' Between US, China: Russian, Chinese Media
Chinese and Russian media have started suggesting the possibility of a China-U.S. war. While the national news agency in China calls it "inevitable," a Russian news agency listed a number of indications that it said "proved' the two nations were heading toward a military conflict.
NATO Poised to Announce Return to Iraq for 'Training Mission'
Russia And China To Send Dozens Of Ships To Joint Naval Exercises In Sea Of Japan In August
Russia May Ban Chocolates From Belgium And France, Produce Their Own As Part Of Countersanctions Effort
EU to use drones, submarines in operation against migrant smugglers
Islamic State mints its own 'Islamic Dinar' coins
Russian Militants 'Pledge Allegiance' To ISIS Forces
US military to develop Star Wars-style hoverbikes with British company
America's drone policy is all exceptions and no rules
Travel chaos as Channel tunnel shuts amid French ferry workers strike
NATO Defense Spending Continues To Decline in Real Terms
China aims to challenge U.S. dominance in air and space
Spanish Legion and AFRICOM combine training
Japan MSDF surveillance plane patrols South China Sea in joint exercise with Philippines
Japan, Philippines make second flight near disputed waters
International Opinion Increasingly Favorable To China: Survey
Despite growing international concern about Chinese-backed computer hacking and the South China Sea territory disputes with several neighbors, a new survey has revealed that China is being seen in an increasingly favorable light by people around the world. Findings from the Pew Research Center show that China is closing in on the U.S. in global favorability.
Iran would get nuclear help in proposed deal
EU summit 'to close the windows' to immigrants
Your Pension: "Perfect for Situations Where Maximum Blast and Explosion Is Required"
Hungary speeds up fence process

## Global unrest/mob rule/angry people/torches and pitchforks ##
Armenian protesters block road for 3rd day over energy hikes
Drone protesters vow to close down Staffordshire factory
Calais crisis: French unions warn of 'long hot summer'

## Energy/resources ##
Few positive signs for steel and iron ore at mid-year point
Petrobras May Be Selling But Is Anyone Buying?
Gazprom's new pipeline inching forward
Russia can't give Kiev same gas discount as before-Putin
Home efficiency upgrades fall short, don't pay: Study
Home efficiency measures such as installing new windows or replacing insulation deliver such a small fraction of their promised energy savings that they may not save any money over the long run, according to the surprising conclusion of a University of Chicago study.
Power shortage stymies Congo's mining sector
What it's like to use an off-grid solar-and-battery system in your home
Asia's oil consumption at record high while production peaked in 2010
BP Data Suggests We Are Reaching Peak Energy Demand
China's coal imports from Australia down 37.6 percent

## Infrastructure scavenging ##
Thieves Target Copper Wire In Street Lights
Metal thieves target Little League ballpark, steal bleachers
Stone thieves are dismantling Yorkshire's heritage
Homes, schools, farms and places of worship have been victims of thieves snatching building materials. Roof tiles, topping stones on dry stone walls, York stone path slabs and many other types of stone are being systematically stolen. Some are clearly being sold on. Others are being used by rogue builders so that they do not have the expense of sourcing their own materials.

## Got food? ##
Lamb Genetically Modified with Jellyfish Sold as Meat by Paris Butcher
Foodmageddon could be just 3 steps away
Three weather-related catastrophes could be all it takes to throw the world's food supply into chaos, according to a study by Britain's Anglia Ruskin University, commissioned by insurance giant Lloyd's of London.
Ag giants look to plant a seed to fight the drought
Bug burger anyone? Insect-based grub could hit Swiss groceries next year
India signs biggest wheat import deals in over a decade -trade sources
Why Do Americans Waste 40 Percent Of Their Food, And What Can We Do About It?

## Environment/health ##
South Korean hospitals suspend services as MERS outbreak spreads
Two major hospitals in South Korea's capital suspended services to patients on Wednesday in a bid to stop the spread of Middle East respiratory syndrome after four new cases of the deadly virus were reported.
New Ebola cases frustrate hopes of defeating the virus in Sierra Leone
Blistering Pakistan heat wave leaves nearly 2,000 dead over last two weeks
Emergency Measures Imposed in Pakistan as Heat Wave Death Toll Approaches 700
Climate change health risk is a 'medical emergency', experts warn
The threat to human health from climate change is so great that it could undermine the last 50 years of gains in development and global health, experts warned on Tuesday.
Chile's largest city temporarily shut down due to smog 'emergency'
Measures relaxed on Monday night after cars were ordered off streets of Santiago, businesses shut and 7 million residents told to stay indoors
WHO Says Widely-Used Dow Herbicide 'Possibly Carcinogenic' to Humans
20 Minutes Of Yoga A Day Can Make People Smarter, Improve Brain Function
Dutch government cuts Groningen gas field production
The Dutch government has ordered a further tightening of gas production at Groningen, Europe's largest gas field, in response to a spate of earthquakes that have caused extensive property damage in the Netherlands' northernmost province.
Studies confirm earthquakes in the midwestern US are caused by the fracking boom
Invasive New Guinea flatworm shows up in Florida
Severe geomagnetic storm hits Earth; auroras, power problems possible
African vultures are nearing extinction due to elephant ivory poachers
Clean energy will dominate in 25 years, but we're still screwed

## Intelligence/security/internet/cyberwar ##
WikiLeaks: U.S. wiretapped French presidents
Privacy group asks FTC to investigate Uber
A privacy rights group filed complaint on Monday against Uber at the Federal Trade Commission over the ride-hailing service's new policy that gives it the right to track users even if they're not currently using the Uber app.
Google Accused of "Abusive" Conduct in Privacy App Case
Google Listening Software Installed on Computers Without Consent
What Have We Learned From WikiLeaks' Saudi Arabia Documents?
So far, a massive WikiLeaks release of tens of thousands of confidential and top secret Saudi Arabian government documents has shown the country's royalty racking up huge unpaid bills, government officials discussing how to undermine Iran and a strong dislike of Israel.
Pentagon Rushing to Open Space-War Center To Counter China, Russia
NSA Chief: Don't Assume China Hacked OPM
Attribution, which came so quickly when North Korea hacked Sony, is proving trickier when China stands accused.
Israel Confirms It Was Cyber Attack Target
If You Can't Beat 'Em: France, Up In Arms Over NSA Spying, Passes New Surveillance Law

## Propaganda ##
NYT's Orwellian View of Ukraine
In the up-is-down Orwellian world that is now The New York Times' editorial page, there was no coup in Ukraine in 2014, no U.S.-driven "regime change," no provocation on Russia's border, just Moscow's aggression — a sign of how propaganda has taken over mainstream U.S. media.
Saudi cables suggest money links with media
Pro-War Lobby Spending Millions In Last-Ditch Effort to Sabotage Iran Deal
The Neocon Pivot—–Embracing The Heirs Of Bin-Laden To Fight The Ghost Of Khomeini
The Nitwits Are in Charge
Pundit Thomas Friedman laments that the new Cold War isn't funny enough for him, but there really isn't anything funny about the U.S. plunging into an unnecessary nuclear showdown with Russia over Ukraine while Friedman and his fellow VIPs misreport what's happening.

## Systemic breakdown/collapse/unsustainability ##
Collapse, Part 2: The Nine Dynamics of Decay
Collapse Part 3: No Institutional Path to Contraction
One poorly understood source of collapse is the lack of pathways to contraction and a reduction of complexity/cost. The only pathway that is clearly marked is the one to expansion--of production, debt, credit, government, income, benefits, costs and complexity: more agencies, more regulations, more committees, more staff, more of everything.
Climate pressures threaten political stability - security experts
Politically fragile countries face breakdown as a result of mounting climate change pressures, and even stable ones may find coming shocks too big to manage peacefully, security and development experts warned.

## Japan ##
Mitsubishi boasts tech leap with armored amphibious vehicle, eyes exports
Naval drill in South China Sea may lead to larger role for Japan
National stadium cost soars to ¥252 billion
770,000 tons of solar panels to end up in garbage in 2040
About 770,000 tons worth of solar panels will end up in the garbage in Japan in fiscal 2040 after the end of their useful life, according to an Environment Ministry estimate.
And few if any will be replaced. -- RF
No romance to show for Y6 bil in gov't outlays
Bubble: Foreign money supports high-flying Japanese stocks

## China ##
China's Auto Exports Plunge, at Worst Possible Time
China's Manhattan Project Draws Plan to Defuse Time Bomb of Debt
China stock rally comes to sudden halt as Shenzhen Exchange falls almost 13%
Confusion Reigns At PBoC As Multi-Trillion Yuan Bailout Threatens To Undermine Rate Cuts
Smuggled Frozen Meat Worth Almost Half A Billion Dollars Seized In China – Some Of It 40 Years Old
China's Local Debt Threat: Beijing's Plan Amounts to a Bailout

## UK ##
Charities warn UK faces 'homelessness crisis' as number of people in temporary housing soars
Britain's Queen May Have to Leave Buckingham Palace During Repairs
GCHQ documents raise fresh questions over UK complicity in US drone strikes

## US ##
15-Years Of Bubble Finance—–Real Per Capita Durable Goods Down 36.5%
Three In 10 Americans Lack Emergency Savings, Poll Finds
70 million Americans teetering on edge of financial ruin
Wall Street Journal Prints Housing Data Whoppers As The Housing Industry PR Firm It Is
Obama's "Jobs Czar," Jeff Immelt of GE, Threatens to Outsource Jobs if Export-Import Bank Expires
Disabled Middle Aged Woman Living Well Below Poverty Line is Ordered by Judge to Pay $37,400 in Student Loans
Ban Backlash: Confederate Flag Backers Ready to Rebel
Developers Battle Construction Labor Shortage
Escape Velocity Still Escaping——Durable Goods Orders And Shipments Down Y/Y
Durable Goods Orders Plunge in May, Huge Downward Revisions in April
White Americans are the biggest terror threat in the United States
Lake Mead sinks to record low, risking water shortage
Jeb Bush's Deep Love Affair with Lobbyists and Cronyism While Governor of Florida Exposed
New Pentagon manual declares journalists can be enemy combatants
These 22 States Will See Their Workforce Shrink Over the Next 15 Years
Obamatrade Passes, The Corporations Win Again... And Now They Gloat


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