Wednesday 12 February 2020

Global headlines - 12 February, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Experts fear IMF no longer has firepower to be world's lender of last resort

## Cut, baby, cut! ##
Dunkin To Close 450 Stores

## Fault lines/flashpoints/powder kegs/military/war drums ##
US warns China about using Singapore air show as ‘platform for exploitation and theft’
Washington is watching for signs that Beijing is trying to ‘aggressively’ expand its regional influence, US assistant secretary of state says
Every major state on the planet — including the US — is trying to "aggressively" expand its influence, regionally or globally. -- RF

## Got food? ##
Food prices skyrocket in China amid coronavirus outbreak

## Environment/health ##
Utah sends employees to Mexico for lower prescription prices
Utah is paying public employees to travel to Mexico to fill their prescription medications in a program aimed at reducing the high cost of prescription drugs
Half-a-million insect species face extinction: scientists
Half of the one million animal and plant species on Earth facing extinction are insects, and their disappearance could be catastrophic for humankind, scientists have said in a "warning to humanity".
• Coronavirus
China's Fatal Dilemma
Ending the limited quarantine and falsely proclaiming China safe for visitors and business travelers will only re-introduce the virus to workplaces and infect foreigners.

## Intelligence/security/internet/cyberwar ##
Chinese Military Stole Masses of Americans' Data, US Says
The way these stories about Chinese and Russian hackers are written gives the impression that Chinese and Russians all have horns and pointy tails, while the people at the NSA, CIA, and US military cyberwar units sit around all day preening their angel wings and adjusting their halos. -- RF
The real reason why the U.S. does not want anyone to buy Huawei products is that it is the one large network company the U.S. can not convince to provide it with backdoors.
Information appears to have been handed to hackers on a silver platter. -- RF
Ransomware Attacks Grow, Crippling Cities and Businesses
Hackers are locking people out of their networks and demanding big payments to get back in. New data shows just how common and damaging the attacks have become.

## Systemic breakdown/collapse/unsustainability ##
Humanity under threat from perfect storm of crises – study
Climate, extreme weather, biodiversity, food and water crises could lead to ‘systemic collapse’

## Japan ##
Japan cruise ship now has 135 coronavirus infections: government
10,599 Corporate Lawyers Have Donated to Buttigieg’s Campaign: Here Are the Dirty Little Secrets
Media darling Pete Buttigieg was in unit that worked with the CIA in Afghanistan
While Buttigieg’s campaign denies allegations he was a CIA asset, military records reveal Mayor Pete was in a unit that worked with the spy agency in Afghanistan.
Shares of Bedding Unicorn Casper Collapsed by 72% from Magical Pre-IPO Valuation
Another overvalued money-losing unicorn in a lo-tech ho-hum business wobbled out the IPO window and crashed.
Military preparing quarantine centers for coronavirus patients in US, Pentagon says
Eleven military bases near major airports in the United States are setting up quarantine centers for possible coronavirus patients, the Department of Defense said.

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