Thursday, 3 September 2015

Headlines - 08/-2/2015

## Global Ponzi meltdown/House of Cards ##


Greece Loses 17,000 Jobs in July, Most Since 2001


China Slowdown’s Next Victim——Asian Supply Chain

Asian Markets Tumble As China's Manufacturing Output Falls To Lowest Level In Three Years

China manufacturing contracts, Korea exports slump as Asia's woes deepen

Europe shares set to follow Asian losses as China PMIs stoke growth fears

It Gets Even Uglier In Canada

Canada Economy Shrinks for 2nd Straight Quarter on Oil Shock

Is China Dumping German Paper Now? Bund Prices Are Collapsing

Chile's Industrial Output Declines and Jobless Rate Rises

Macau Economy Slumps 26.4% as Anti-Graft Crackdown Deters Gamblers

Australia's Central Bank Leaves Interest Rates Unchanged At 2%

Angola Economic Woes: Chinese Slowdown, Global Crude Glut Hit Angola's Oil-Dependent Economy

Southeast Asia's Biggest Companies Risk $392 Billion Debt Burden

South Korea's Exports Fall Most Since 2009 as China Slows


Collapse of Abenomics Threatens Global Stability

Brazil's Epic Era of Splurging Is Over

Here's How High Oil Prices Must Climb To Stop Saudi Arabia's Budget Bleed

Dow plunges 470 points as oil sinks 8% in grim September debut



Rebranded Malaysia Airlines gets green light to take off

Heavy topic: Airline to begin weighing passengers

Condor Airlines flight from Vegas to Germany diverted over unruly passenger; F-16 fighter jets rushed in

Airlines piling on first class perks -- and the rest of us pay for them

Consumer panel: Airlines should disclose fees, seat size


## Fault lines/flashpoints/powder kegs/military/war drums ##
Malaysian Prime Minister Najib Razak Rejects Calls For Resignation, Says Protests Reflect Lack Of Maturity

The Foundation Of Israel Is Terrorism’: Iranian President Hassan Rouhani

Egypt Targets Hamas: Cairo Building Fish Farms To Stop Use Of Gaza Strip Smuggling Tunnels

Turkish Court Charges Vice Journalists With 'Aiding ISIS'; News Agency Slams Attempt To 'Censor' Press

Ukraine crisis: Prime Minister says nationalist protesters are worse than the separatists following violence that left one dead

Saudi Coalition Bombs Yemen Water Bottling Plant, Killing Dozens of Civilians

Petraeus: Use Al Qaeda Fighters to Beat ISIS

What could possibly go wrong? -- RF


Al-Shabab Attack: Islamist Militants Take Control Of African Union Base In Southern Somalia

Obama pushes for more U.S. ice-breaking might in Arctic

Schumer’s Troubling Mideast Record

In trying to torpedo the Iran nuclear deal, Sen. Charles Schumer is continuing his longstanding role as a front man for U.S. neocons and Israeli hardliners who favor a Mideast strategy of violent “regime change” over negotiated solutions.

Sweden Joining NATO? Centre Party Now In Favor Of Becoming Part Of International Alliance

Two US F-22 Jets Land In Poland Amid Ukraine Tensions

Two US Predator Drones Deployed To Latvia

Obama to Call for More U.S. Coast Guard Icebreakers in Changing Arctic

U.N.: More than 1,300 people killed in Iraq violence during August

Phase Two of Iran-Deal Sabotage

Yemen’s Hidden War: How the Saudi-Led Coalition Is Killing Civilians

## Migrants/refugees ##

Austria inspects trucks for migrants, creates 15-mile backup

Unprecedented migrant crisis forces EU to seek answers

Washington Has Bombed The Middle East Back To The Stone Age——Now The Refugees Wash Onto Europe’s Shores

Spanish police arrest 15 men for 'smuggling migrants on the back of jet-skis'

Migrant trains reach Germany as EU asylum system creaks

Hungary shuts down rail traffic for westward-bound migrants

Hungary suspended all traffic from its main rail terminal Tuesday and cleared the station of hundreds of migrants trying to board trains for Austria and Germany - the hoped-for end destinations in their flight from Mideast turmoil.


Greece Rescues 2,500 Migrants At Sea In Past 3 Days

Europe Tightens Borders to Stop Migrants From Syria, Iraq, Afghanistan

A look at what migrants are carrying with them to Europe


## Global unrest/mob rule/angry people/torches and pitchforks ##
Tens of Thousands Protest in Lebanon as 'You Stink' Campaign Issues Ultimatum

In Japan, Tens of Thousands Anti-War Protesters Reject Return to Militarism

Nepalese police shoot and kill five protesters of draft constitution




Egypt's Zohr gas re-writes Israel's happy ending

Canada orders Alberta pipeline closures

Russian oil company Rosneft reports second-quarter loss

Only a third of Europe's e-waste is recycled

Oil prices bleeding red on weak Chinese PMI

Shipping queue for Australia’s Newcastle coal exports at 13-month low


S.Africa to go ahead with nuclear deal only after affordability assessment: minister

There’s A New Oil Glut In Town——World Drowning In Refined Products, Too

US clean energy suffers from lack of wind

Electricity generated by US wind farms fell 6 per cent in the first half of the year even as the nation expanded wind generation capacity by 9 per cent, Energy Information Administration records show.


Aker Solutions will be further reducing its Norwegian subsea workforce due to a "continued market slowdown".

Oilfield services firm Aker Solutions announced Tuesday that it will be further reducing its Norwegian subsea workforce due to a “continued market slowdown.”



Cut, baby, cut! -- RF




 (Canada)


Saudi Arabia refuses to bow to pressure to cut oil production


## Got food? ##

Iran not to import Wheat this year: What are the implications?



## Environment/health ##


Air pollution associated with increased heart attack risk despite 'safe' levels

Discussing the costs of disaster for offshore US oil : Regulation and Environment

Pensacola airport could start keeping bees

By 2050, 99 percent of seabirds will have eaten plastic

Northern Forests Face Onslaught From Heat and Drought

Brazilian wasp venom causes cancer cells to die

Scientists: Current El Nino could be strongest in history

Heart age of most Americans outpaces their actual age

## Intelligence/security/internet/cyberwar #

British spies trawl Ashley Madison leak for intelligence

Microsoft intensifies data collection on Windows 7 and 8 systems

China and Russia are cross-indexing hacked data to target US spies

225,000 Apple account credentials stolen from jailbroken devices

U.S. weighs sanctioning Russia as well as China in cyber attacks

Ghost Security Hackers, Offshoot Of 'Anonymous,' Claim They Disrupted ISIS Attack By Intercepting Twitter Messages


## Propaganda ##



As rightists riot in Ukraine – killing three policemen in a protest against making any concessions to ethnic Russians in the east – The New York Times had to move nimbly to again foist all the blame on Russia’s President Putin, but the Times was up to the propaganda task.

Why Johnny can't understand climate: functional illiteracy and the rise of "unpropaganda"

## Systemic breakdown/collapse/unsustainability ##5 Trends That Are Shredding the Global Economy

Friday night lights, provided by petrochemicals

Many athletes, from Pop Warner to the NFL, participate in American football each fall. Petrochemicals play a vital role in the game, from the plastics in the equipment used to play the sport to the artificial turf to the souvenirs and cups used for beverage consumption every game.


When new sewer lines were laid here in my neighborhood, I noted that the pipes were all PVC. That gives you an idea of the (short) lifetime of this sewer system, and is also an indication that planners (mistakenly) believe they will be able to replace the pipes 20 or 30 years down the line. -- RF


The Great Unraveling

The ideological and physical hold of American imperial power, buttressed by the utopian ideology of neoliberalism and global capitalism, is unraveling.


The Crash of 2015: It’s Here


## Japan ##
Japan nuclear power outlook bleak despite first reactor restart

Bank of Japan Drops Ball, Government Pension Fund Stops Buying Stocks, Nikkei Plunges, J-REITs Eviscerated

Japan Defense Ministry Asks For Record Budget

Child thyroid cancer unlikely to rise in Fukushima but extent of radiation exposure unclear: IAEA

New case of thyroid cancer diagnosed in Fukushima; brings number to 104

Russian farm minister visits disputed island off Hokkaido

Nation’s tallest building planned near Tokyo Station

Fukushima evacuees prepare for eventual return, but most are choosing not to

New system for fuel supply in disaster

Or war or economic collapse. Pick your poison. -- RF


## China ##

China Punishes Stock Market ‘Rumor Mongers’, Journalist Apologizes On State TV For Damaging Investor Confidence With Fake Story

China Starts Witch Hunt for Those Obstructing Government Efforts to Prop Up Stocks

Explosion reportedly rocks second chemical plant in China

China targets $300 bln power grid spend over 2015-20 - report

China factory indexes ebb in new sign of economic weakness

China’s private shipyards face hard times


Macau’s Economy Blows Up

From The Investor Who Called The China Fiasco —5 Things Jim Chanos Says You Need To Understand About Red Capitalism


## UK ##



Councils in England and Wales cannot cope with further funding cuts because government policies have already left with them with a black hole of almost £10bn, the Local Government Association is claiming.

Britain Announces Investment in Scottish Naval Base

Family milk round forced to close after 114 years due to supermarket price war

Police force could lose 22,000 jobs under new spending cuts


Major reduction in funding could see number of police officers in England and Wales fall to 40-year low

Fly-tipping surges costing taxpayer millions a year


## US ##

Uncle Sam’s Solar Racket——A Cesspool Of Waste And Corruption

Social Security supports 1 out of every 5 Americans: Most retirees heavily depend on Social Security for their retirement income.

Can 2 Parents, 2 Kids Live on Minimum Wage? Not Even Close: Report

Illinois Pays Lottery Winners In IOUs After $30K/Month Budget "Guru" Fails To Produce Deal

US Missile Attack? Military Needs Upgraded Radar System To Protect Against Russia, China And North Korea, Ashton Carter Warns

South Dakota Makes Teaching Early American History Optional for High School Students

Georgia police went to wrong home, shot dog and homeowner, officials say

Dallas Fed Region Activity Plunges Well Below Any Forecast

10 cities with the most horrific traffic

Clinton Called for More Debates in 2008—Now She’s Dodging Them

COMPROMISED – How Two of Hillary Clinton’s Top Aides Received Golden Parachutes from Wall Street


And finally...

Job offer rescinded after applicant sends nude selfie

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