Sunday, January 21, 2018


News Links, January 22, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
It's Time to Retire "Capitalism"
Our current socio-economic system is nothing but the application of force on the many to enforce the skims, scams and privileges of the self-serving few.
Will 16,000 Sears Canada retirees see their pensions?
Sears Canada paid millions in dividends while its pension went underfunded. Now the former employees may end up paying the price.
## Airline death spiral ##
Air rage: how airlines cope in social media age with unruly passengers and angry employees
Viral footage of misbehaving passengers and overreacting airline workers has prompted airlines to rethink the way they resolve conflicts. Airline employees are taking classes on how to de-escalate problems before they get out of control
Your Emotional Support Duck Is Not Welcome in Seat 15C

## Fault lines/flashpoints/powder kegs/military/war drums ##
National Defense Strategy released with clear priority: Stay ahead of Russia and China
"Great-power competition" is one reason the world will never get any better. What a shame that humans never learn from history, and always become victims of their own greed. -- RF
Trump's State Department spent over $1m in Iran to exploit unrestDocuments reveal 'regime change' aspirations pursued under cover of 'democracy promotion' programs
The Philippines thinks there's more butter on the Chinese side of its bread than on the US side. -- RF
Suez Canal and Hambantota: spot the difference
History shows debt-funded infrastructure projects have a nasty tendency to evolve into imperial debt servitude. Countries like Sri Lanka should take note when embracing China's Belt and Road Initiative
Will Cambodia's repressed opposition rise up?
Leader Sam Rainsy drops the gauntlet with threats of 'huge' anti-government protests and calls on the military to mutiny for his movement

## Global unrest/mob rule/angry people/torches and pitchforks ##
The Revolt Begins? Apple, Google Charter Buses Attacked In San Francisco
Japan in talks over bid for UK uranium powerhouse
Multibillion-dollar deal would keep China and Russia from gaining control of Urenco
When people lose access to fossil fuel products, they turn to wood and charcoal (we've already seen this in Greece). If just a small percentage of the current world population loses access to fossil fuel products for heating and cooking, the planet will be quickly covered with bald mountains. -- RF
European Gas Struggles Leave Bulgaria In A Tight Spot
More than a decade after Russia first shut off the spigot to Europe over a pricing dispute with Ukraine, Gazprom's share of the EU gas market has increased from a quarter in the 1990s to a stunning one-third today.
World food prices seen supported by strong demand in 2018
Global food prices rose 8.2% in 2017 from the previous year, reaching their highest annual value since 2014.
'We loot or we die of hunger': food shortages fuel unrest in Venezuela
Venezuela is on the cusp of industrial collapse, and finding ways to cope. Instead of laughing, we need to be learning. -- RF
Contrite Facebook executives seek to ward off more European rules
Facebook executives are fanning out across Europe this week to address the social media giant's slow response to abuses on its platform, seeking to avoid further legislation along the lines of a new hate speech law in Germany it says goes too far.
CNN Reporter: Russia Is 'All We Talk About At CNN,' But Voters 'Don't Care'

## Systemic breakdown/collapse/unsustainability ##
California's bullet train development hits another snag, while China's barrels on
High-speed rail is seen as the Holy Grail, but in an energy-constrained future the way to go is low-speed rail and slow boats. And eventually, horses. -- RF
The more trees, the better. But what keeps cities running is an energy system which generates a large surplus. Those days are, unfortunately, coming to an end. -- RF

## Japan ##
Elementary schools in Japan may drop by two thirds
A new study shows the number of public elementary and junior high schools in Japan may fall to a third of its current total by 2050, due to a declining population.

## China ##
Does Xi Jinping have a chain-of-command issue?
Suicide of a general sparks rumors of a failed coup as China braces for US-North Korea war
China is planting 6.6 million hectares of new forest — almost the size of Ireland
Prison crisis laid bare as Government ordered to act over inmate deaths and 'dramatic decline' in conditions
Government issued with unprecedented warning that inmates are being driven to take their lives as inspectors reveal conditions 'worse they've ever seen', prompting echoes of Strangeways

## US ##

And finally...

Thursday, January 18, 2018


News Links, January 19, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Carillion Collapse Will Leave Taxpayers With Big Bills, Produce Knock-On Failures; Shows Danger of "Public/Private Partnerships"
In Brexit Tug-of-War, EU Aims at City of London's Tax-Haven Empire
But the EU keeps tripping over its own tax havens.
And as we've seen, it's not only Germany. Energy is the major factor at work: As net energy decline starts to bite, people have fewer children owing to the onerous cost of raising a child in energy-intensive industrial societies. -- RF

## War on cash/cashless society ##
War on cash (Poland)
Crypto Collapse Crushes Hedge Funds that Touted Huge Gains for 2017
Are they causing the rout by trying to get large sums out of an illiquid market?
Europe To See More Airline M&A Activity, Consolidation, In 2018
The turbulence in Europe's airline industry is likely to culminate in a massive shakeout for the aviation sector in 2018. Recent failures such as that of British low-cost airline Monarch, Germany's Air Berlin and Italy's Alitalia have created conditions ripe for a new wave of merger-and-acquisition activity in the sector.

## Fault lines/flashpoints/powder kegs/military/war drums ##
The most valuable military real estate in the world
"World War III will start here."
Duterte reaches for unlimited, unending power
In Surprise Move, Pentagon Deploys 3 Types Of Strategic Bombers To Guam
Syria Vows To Shoot Down Turkish Jets As Erdogan Orders Putin "Do Not Oppose" Assault
US withholds $65 mn from UN agency for Palestinians

## Global unrest/mob rule/angry people/torches and pitchforks ##
Riot police break up anti-pope demo near Santiago mass
Too many humans. Of course the problem is always framed as "too little water." -- RF
But it won't save the cities. -- RF

## Environment/health ##
This is how much waste Americans create — just by getting takeout food
Springtime bird calls help scientists study global warming
As global warming disrupts the timing of seasonal changes, scientists are concerned the biological clocks of migratory birds and other animals will be thrown out of whack.
Europe's microwave ovens emit nearly as much CO2 as 7m cars

## Intelligence/security/internet/cyberwar ##
Facebook blocks sharing of WSWS anti-censorship video
Facebook has blocked users from sharing a social media video promoting the January 16 online meeting "Organizing resistance to Internet censorship," featuring World Socialist Web Site International Editorial Board Chairman David North and Pulitzer Prize-winning journalist Chris Hedges.

## Systemic breakdown/collapse/unsustainability ##
Higher Education Is Drowning in BS

## Japan ##
Differing views on coal power generation
Japan's environment minister has met with the chief of the country's largest business group to discuss the issue of global warming. He says companies may need to reconsider exporting coal-fired power plants. The group's executives didn't share the same view.
Japan-U.S. nuclear fuel reprocessing pact automatically renews after 30-year deadline passes
Japan Coast Guard seeks to boost response time with new bases for large patrol ships
The Japan Coast Guard is planning to build bases for seven new large patrol ships in a bid to improve response time to incidents — including the frequent intrusions by Chinese vessels into Japanese waters around the Senkaku Islands in the East China Sea, according to a source.
Japan's nuclear fuel cycle policy suffers another setback
Japan's central government is finding itself in a bind over its long-standing nuclear fuel cycle policy, due to repeated delays in the completion of a key facility, two and a half decades after construction work began.
Japan's Budget Goal Is Being Deferred Again

## China ##
This Is How Drug Lords Make Billions Smuggling Gold To Miami
Much of the gold used to make the components for your smartphone, or the gold band for your engagement ring, has a secret criminal history that, before a stunning report published by the Miami Herald on Tuesday, wasn't widely known to the US public.
9 of 12 National Park Service advisory board members quit in disgust
This much is clear at the 2018 North American International Auto Show going on here this week: Passenger cars, crossovers and pickups are rapidly growing in size amid cheap gas and Americans' preferences for big, roomy highway cruisers.

Tuesday, January 16, 2018


News Links, January 17, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
"Blockchain Bonds?" Struggling German Telco Joins Bandwagon
The Fascinating Psychology of Blowoff Tops
Central banks have guaranteed a bubble collapse is the only possible output of the system they've created.

## Cut, baby, cut! ##
General Electric to hold job cuts talks with Unite

## War on cash/cashless society ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Syrian Army Vow to End US Presence in Syria
The Syrian Foreign Ministry has responded negatively to the US pledge to create a new "border" force in northern Syria of some 30,000 US-backed fighters, saying not only are they violating Syrian sovereignty, but the Syrian Army's goal must be to end the US presence in the country outright.
China-led bank spreads its yuan to Africa, South America to bankroll infrastructure projects
The bank has contracted 24 projects worth about US$4 billion – ranging from power plants to rail and port facilities – in its two years of operation
Kiev protests: Violent protests erupt outside parliament building over controversial bill

## Energy/resources ##
Norway Desperately Needs Large Oil Discoveries
NAM aims at reducing gas production at Groningen field (Netherlands)
In the wake of an earthquake in the Groningen region (Netherlands), the Dutch oil and gas company Nederlandse Aardolie Maatschappij (NAM) has proposed to reduce production levels at the Groningen field by shutting down some production clusters. Earthquakes are frequent in the region and have led to several production decreases in the recent years.
The Labor Shortage In The Shale Boom
The 2018 Oil Production Forecast Explained

## Got food? ##
Seafood supply may be hit as Sanchi oil spill spreads in East China Sea
Marine life in the East China Sea is at risk of heavy metal contamination from the Iranian oil tanker spill, but scientists say its impact on the seafood supply is unclear given that fish stocks in the area have been depleted.
Sudan police beat protesters at demo against rising bread prices

## Environment/health ##
Girl, 6, Suffers Frightening Side Effects After Taking Tamiflu
Antibiotic-Resistant Bacteria Could Be Spreading Because Of Surfers
Scientists in the United Kingdom analyzed about 300 people and concluded that surfers harbor a lot more bacteria in their guts that are resistant to antibiotic medication, compared to people who swim in the sea but don't surf.
Insecure defaults in Intel's Active Management Technology (AMT) allow an intruder to completely bypass login credentials in most corporate laptops in 30 seconds, researchers at security firm F-Secure have warned.

## Propaganda/censorship/fake news/alternative facts ##
Philippines shuts down news site critical of Duterte

## Systemic breakdown/collapse/unsustainability ##
Threats to America's drinking and sewage treatment infrastructure

## UK ##

## US ##
Commercial Real Estate Suffers First Down-Year since 2009
A blistering boom, backed by $4.3 trillion in bank loans, ends.
Jeff Bezos is The Richest Man in the World, But Hundreds of Amazon Employees Are on Food Stamps
Taxpayers subsidize the business of the world's richest person. -- RF
Why Senator Cardin Is a Fitting Opponent for Chelsea Manning
Chelsea Manning's senatorial bid offers a contrast to the Russian fear-mongering of incumbent candidate Ben Cardin, says Norman Solomon.

And finally...

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