Monday, 26 August 2019

World headlines - 25 August, 2019

Negative Yield Curves to Infinity
The entire German yield curve is negative for 30 years. Japan is poised to join the club.
Fed Vice Chair Clarida says the global economic outlook has worsened since July meeting
World needs to end risky reliance on U.S. dollar: BoE's Carney
Bank of England Governor Mark Carney took aim at the U.S. dollar’s “destabilizing” role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.

## War on cash/cashless society/cryptocurrencies ##
Authorities Bust Illegal Crypto-Mining Lab In Nuclear Power Plant (Ukraine)

## Airline death spiral ##
Hawaiian Airlines flight makes emergency landing; 7 injured
Smoke filled the cargo hold and cabin of Hawaiian Airlines flight HA47 to Honolulu, forcing the plane to make an emergency landing, the company said.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Yemen: Coalition Warships Attack Fishing Boats
Trump Threatens to ‘Release’ ISIS Fighters into France, Germany
With a bizarre threat to “release” terrorists into France and Germany, President Trump is pressing America’s European allies to bring home and put on trial their citizens captured while fighting for ISIS in Iraq and Syria.
• War on Iran
• War on Venezuela

Johnson warns against Channel crossings after dozens intercepted (UK)
People arriving illegally will be sent back to France, says prime minister

## Global unrest/mob rule/angry people/torches and pitchforks ##
Australia’s military flex masks a deeper insecurity
Australia’s decision to join US naval patrols in the Strait of Hormuz won’t readily resolve its perilous fuel security situation
Only the total crash of industrial civilization will stop the flood. -- RF
Climate change to bring ‘extreme’ heat to Mecca
Scientists warn the annual Muslim Hajj will be severely impacted by global warming, putting elderly pilgrims in danger

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Google disables 210 YouTube accounts linked to misinformation about Hong Kong protests

## Systemic breakdown/collapse/unsustainability ##
Is the U.S. Becoming a Third World Nation?
• War on Huawei
The New American Homeless
Housing insecurity in the nation’s richest cities is far worse than government statistics claim.
This, and the statements by Trump, demonstrate appalling hubris. When the global economy crashes (a process already underway), there will be a long way to fall and a lot of very shocked people. -- RF

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