Seemorerocks: Headlines

## Global Ponzi meltdown/House of Cards ##

Saudi Arabia borrows $4B as oil price reality hits home

Saudi Arabia has borrowed $4bn from local markets in the past year, selling its first bonds for eight years as part of efforts to sustain high levels of public spending as oil prices slump.

Has the sun set on Africa’s growth story?

It Starts: Greeks Rebel Against Bailout, Risk Collapse

Greek Debt Crisis: What Does The Bailout Agreement Mean For Pensioners?

Greece Just Lost Control Of Its Banks, And Why Deposit Haircuts Are Imminent

Greek Debt Crisis: Secret IMF Paper Casts Doubt On Bailout Demands

White Knight Irony: IMF Threatens to Walk Away From Bailout Deal Citing Unsustainable Debt

Greek Debt Crisis: Asset Sale Plan Central To Bailout Strains Credulity

Greek Bad Loans Soar To €100 Billion

Greeks Can’t Tap Cash, Gold, Silver In Bank Safety Deposit Boxes

IMF Rips Pandora's Box To Shreds, Demands Greek Debt Relief "Far Beyond What Europe Has Been Willing To Consider"

Grim Economic Outlook Spikes Fear For Recession In Canada

German Production is a Facade Built on Bad Loans…

Dubai's Drydocks World enlists Citi for $2.3bn debt restructuring

China’s $1 Trillion Bailout Points to an Ailing Economy

Singapore Q2 GDP Unexpectedly Shrinks On Blow To Manufacturing

Inflation Is Hitting Japanese Households Hard

Spain Is Not Greece, It’s Spain (And That’s Worrying Enough)

Q&A on the Iranian nuclear deal

Puerto Rico asks creditors for patience as it develops debt plan

Beware: The "Made In China" Global Recession Is Coming, Morgan Stanley Warns

## Airline death spiral ##Heathrow Airport delays as Plane Stupid activists block runway - as it happened

Long-haul flights are taking longer - and the effect is worse fuel consumption

Airlines Pocket a Record $38 Billion From Extra Fees

Airlines are shedding services because they want passengers to take care of themselves

Airlines carve US into markets dominated by 1 or 2 carriers

The wave of consolidation that swept the U.S. airline industry has markedly reduced competition at many of the nation's major airports, and passengers appear to be paying the price in higher fares and fees, an Associated Press analysis has found.

## Fault lines/flashpoints/powder kegs/military/war drums ##

Ukrainian Soldiers Refuse To Take Orders From Kiev; Desertion And Lawlessness Take Hold

Ukrainian police seek calm after clash with right wing activists leaves two dead

Ukraine President Orders Disarming of Far-Right Factions

Russian Black Sea Submarine Presence Revived As It Looks To Strengthen Military Position Near Crimea

US Considering Drones In North Africa To Monitor Islamic State: WSJ

U.S. Military Relax Defense Ties With Egypt After Years Of Restrictions On Arms Sales And Operations

Saudi-led air raids in Yemen kill 21 two days into truce

Baghdad car bombs and suicide attacks kill 35 - sources

Pope closes South America trip urging youths to 'make a mess'

In passionate speeches, the Argentine pontiff urged the destitute to change the world economic order and branded the unfettered pursuit of money as the "dung of the devil". He also sought forgiveness for the sins committed by the Catholic Church against native Americans during the colonial era.

Exclusive: Philippines reinforcing rusting ship on Spratly reef outpost - sources

The Mess that Nuland Made

Assistant Secretary of State Victoria Nuland engineered Ukraine’s “regime change” in early 2014 without weighing the likely chaos and consequences. Now, as neo-Nazis turn their guns on the government, it’s hard to see how anyone can clean up the mess that Nuland made.

Europe, Pacific not entirely spared from US Army force cuts

Indonesia plans naval base in S China Sea; blasts China's 9-dash line

China's oil platform in E China Sea may serve military purposes

With its oil platform now established in the East China Sea, the People's Liberation Army can easily launch helicopters against Japanese targets near the disputed Duaoyutai islands, according to the China's nationalist tabloid, the Global Times.

Suspected Boko Haram gunmen kill dozens in northeast Nigeria villages: sources

Russia says Iran deal paves way for 'broad' coalition against Isis

Japan's 'submarine killer' tantalizes West

Japan's state-of-the-art maritime patrol aircraft has been attracting increasing attention, not only from its most important ally, the U.S., but also from Europe amid growing concerns about movements by Russian submarines.

## Global unrest/mob rule/angry people/torches and pitchforks ##Sleepless nights: Back-to-back blackouts trigger protests in Karachi

Chinese police kill three knife-wielding 'terrorists' from Xinjiang province

## Energy/resources ##EIA Confirms: Oil Production Peaked

The Multi-Trillion Dollar Oil Market Swindle

In the past, I documented the overstatements by both the IEA and EIA in 2014 & 2015 in terms of supply, inventory and understatements of demand. Others also noticed these distortions and, whether intentional or not, they exist and they are very large in dollar terms. These distortions, which are affecting price through media hype and/or direct/indirect price manipulation, are quite possibly the largest in financial history.

S.Korean energy companies urged to review loss-making overseas projects

Low oil price to shut more North Sea fields early

Low oil prices have tightened the screws on some of the most depleted and costly oilfields in Britain's North Sea, forcing operators to cease production earlier than planned and adding to fears of a domino effect in mature areas.

Oil output from U.S. shale plays seen down for fourth month: EIA

Shale Gas Supply Held Hostage by Oil to Drop by Most in a Year

LNG Glut To Get A Lot Worse This Year

Russia extends energy hand to Greece

Alberta faces growing backlog of abandoned oil and gas wells

Millions needed to clean up sites and mitigate environmental risk

## Got food? ##China watchdogs to track down smuggled 'zombie meat'

Thai rice annual exports to fall short of target - export association

Wicked problems and wicked solutions: the case of the world's food supply

US Aid To El Salvador Came With Strings Attached: Monsanto Seeds Required

Justice Dept.: Food companies risk prosecution for outbreaks

## Environment/health ##Wildfires In Canada And Alaska Drive Thousands From Homes

Rainfall drives rapid melt, flow of the Greenland ice sheet

Your Cellphone May Be Hazardous To Your Child’s Mental Health

Scientist who studied health effects of 9/11 dust dies at 68

With One-Third of Largest Aquifers Highly Stressed, It’s Time to Explore and Assess the Planet’s Groundwater

## Intelligence/security/internet/cyberwar ##‘Smart cities’: Great idea, or dangerous?

Meet Your Newest Law Enforcement Partners: Netflix And Spotify

Documents: US agents knew of 'El Chapo' escape plots in 2014

Mexico drug lord escape tunnel was too elaborate to miss

Internet firms delete customer data post-Snowden to stop spies getting itNew generation of Internet companies do not want to cooperate with intelligence agencies in fresh row over privacy and security

Suddenly, Everyone Wants the NSA’s Cyber Defense Tech

The Latest Snowden Leak Is Devastating to NSA Defenders

The agency collected and stored intimate chats, photos, and emails belonging to innocent Americans—and secured them so poorly that reporters can now browse them at will.
How to Chat in Secret While We’re All Being Watched

## Propaganda ##

The World Rebukes Netanyahu

Led by President Obama, six world powers ignored Israeli Prime Minister Netanyahu’s harangues against Iran and agreed to a plan for limiting – not bombing – Iran’s nuclear program. But Netanyahu wields more sway with Congress and the mainstream media, which parrot his complaints.
Another “Terror” Arrest; Another Mentally Ill Man, Armed by the FBI

AEI Expert: Iranians Think “Very Differently” From Us Because They’re “Nationalists”

## Systemic breakdown/collapse/unsustainability ##GM to recall 155,000 vehicles in India to fix wiring trouble

Land Rover recalls 65,000 vehicles over unlatching doors

Honda recalls another 4.5 million vehicles for Takata airbag faults

Second company probed for air bag inflator malfunctions

U.S. safety regulators are investigating inflators made by ARC Automotive that went into about 420,000 older Fiat Chrysler Town and Country minivans and another 70,000 Kia Optima midsize sedans.

Greece and the End of the Euroland Fantasy

Events in Greece are not just a template for sovereign debt crises to come; they also spell the end of the Euroland Fantasy of ever-greater prosperity as a result of ever-greater centralization and integration.

The Beatings Will Continue Until Morale Improves – Spain Officially Becomes a Police State

US Navy to 3-D Print Ships; Brick-Laying Robots; Bit-Rot: Meet "Helium" the Software Coding Robot; End of the Programmer?

The Last Days Of ‘Normal Life’ In America

We Are All Greeks Now

## Japan ##Protesters take to streets as ruling camp, opposition square off ahead of vote on SDF bills

Japan’s Economic Disaster – Real Wages Lowest Since 1990, Record Numbers Describe “Hard” Living Conditions

Criticism Mounts Over High Cost Of Tokyo Olympic Stadium

Record heat across Japan leaves hundreds ill, 4 dead

Japanese carmakers cling to Indonesia targets as sales skid, showrooms stay empty

## China ##The (sad) truth about China's rally and crash: Stocks are too frothy

China Passport Policy Restricts Tibetans, Uighurs From Leaving Country: Report

Chinese police say they fatally shot 3 Uighur ‘terrorists’