Monday 12 May 2014

Headlines - 05/11/2014

## Global Ponzi meltdown/House of Cards ##
A secret European Union report has warned that economic and trade sanctions being considered against Russia over the Ukraine crisis could have a severe negative effect on Germany, the continent’s biggest economy.
A decade-plus shift in the bedrock of Canada’s economy — both in product and location — may not be over yet. The “considerable structural change” in what we make and where we make it since 2000 is very much apparent today: a declining manufacturing sector and growing reliance on resource-based industries have shaped our economy in ways we might not have expected.

## Airline Death Spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
With rumors constantly circulating about the imminent invasion of their towns by neo-Nazi factions from the western portions of the country, eastern Ukraine’s towns are mostly under lockdown, with a “siege mentality” setting in.
In Ukraine, a grisly new strategy – bringing in neo-Nazi paramilitary forces to set fire to occupied buildings in the country’s rebellious southeast – appears to be emerging as a favored tactic as the coup-installed regime in Kiev seeks to put down resistance from ethnic Russians and other opponents.
Armed men identified as Ukrainian national guard opened fire Sunday on a crowd outside a town hall in eastern Ukraine, and an official for the region's insurgents said there were fatalities.
Israeli Defense Minister Moshe ‘Bogge’ Ya’alon has long been pushing for increased budgets, just as every other defense minister of the planet does, but this week revealed a rather shocking turn of events, the Israeli military is broke. Despite billions of annual military aid from the US, Ya’alon announced next month’s “Turning Point 8″ military exercise is cancelled, and all other drills are expected to follow, because Israel flat out can’t afford them.
US Special Forces soldier and CIA agent reportedly killed two Yemeni men in botched kidnapping

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Energy/resources ##
Oil and gas companies can expect little help from Norway on tackling surging costs as the government of western Europe’s biggest crude producer tones down plans for measures that producers hope will boost earnings.
What a mess! And the €30 billion won't be nearly enough. -- RF

## Got food? ##

## Environment/health ##
Two new reports this week provide key evidence that back a growing call that the destructive use of large-scale chemical agriculture must be halted in order to give the global bee population a fighting chance to regain their strength as the world's most prolific and effective pollinating species.
Though mites do kill honeybees in their hives, pesticides are primarily responsible for the mass abandonment of nests, according to new research.

## Intelligence/propaganda/security/internet/cyberwar ##
This is an example of the crude systems of propaganda and media control used by most countries. By contrast, the US system is far more sophisticated and successful. -- RF

## Systemic breakdown/collapse/unsustainability ##
It is incredible that things have fallen so far that a U.S. Senator felt compelled to ask such a question, and even worse that such a powerful official couldn’t vehemently and decisively deny the claim.

## Japan ##
Jiji Press Japan’s national debt totaled a record-high ¥1.02 quadrillion as of the end of March, up ¥33.36 trillion from a year earlier, the Finance Ministry said.
There's a reason why Japan's minister of finance is also known as the "King of Debt." -- RF
I repeat: This project will never be finished. -- RF

## China ##

## UK ##
Patients waited more than a week to see their GP on almost 50 million occasions last year, new figures show as doctors warn pressures are becoming intolerable

## US ##

And finally...

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