Wednesday, 28 August 2019

World headlines - 27 August, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Singapore braces for challenges in the job market
World Trade Skids for First Time Since Financial Crisis
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Lenders Fear Ascena with 3,519 Stores May File for Bankruptcy: Source
Cash running low. Brick & mortar meltdown for landlords. Shares annihilated.

## War on cash/cashless society/cryptocurrencies ##
In high-tech Japan, cash is still king
Air India Is Unable To Refuel At 6 Indian Airports
After having not paid their fuel bills for nearly a year, Air India is now unable to refuel aircraft at six Indian airports.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Japan calls South Korea's Takeshima military exercises 'unacceptable' as ties continue to sour
Donald Trump’s dance of defeat
China has already won the critical engagement in the conflict between Washington and Beijing
Israel’s Ban on Rashida Tlaib and Ilhan Omar Backfires
Trump and Netanyahu thought they were pulling a fast one on two U.S. congresswomen, but it has blown up in their faces.
• War on Venezuela
• War on Iran

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hong Kong protestors are attacking smart lampposts
The day will come when people will opt for food over electrons. We can only hope that these installations will be built so that they can be easily removed without the use of heavy machinery. -- RF
The prospect of millions of EVs hitting the roads as governments gradually ban new diesel and gasoline cars is seen as a major challenge for power companies, especially in Germany which is switching from nuclear and coal to less predictable sources of energy such as wind and solar.

Climate change czars coming to more U.S. states
At least six U.S. states named climate change czars or chief executives over the past year, signalling a new level of concern in the nation.
Vaping may cause the same lung damage as smoking
Microplastics in rain, snow, drinking water heighten concerns
Glut of global plastic trash leads to microscopic particles in foods, beer, salt, studies show.

## Intelligence/security/internet/cyberwar ##
Behind Islamophobia Is a Global Movement of Anti-Semites
The world’s Jewish and Muslim communities are both in the firing line of far-right groups forged in the historic bowels of Nazism.
Good luck with that. -- RF
• War on Julian Assange
Breaking The Media Blackout on the Imprisonment of Julian Assange
The same media that has spent years dragging Assange’s name through the mud is now engaging in a blackout on his treatment. If you are waiting for corporate media pundits to defend freedom of the press, you’re going to be disappointed.

## Systemic breakdown/collapse/unsustainability ##
Homelessness in the Netherlands has more than doubled since 2009

Keeping industrial states running will get increasingly expensive. -- RF
Woodford’s Shuttered Fund Crushed Further by Plunging Stocks in its Holdings, such as Muddy-Waters Target Burford Capital
Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the wind.
Cuadrilla reports another tremor near fracking site in north England
British shale gas exploration firm Cuadrilla said another earth tremor occurred on Monday near its fracking site in northwest England, bigger than a 2011 quake which suspended operations at the site for seven years.

## US ##
But the article makes it clear that the system is actually American-style. -- RF
Taking care of rich people is America's hot new gig. Here are the states benefiting from the job boom.
Service jobs for the wealthy stem, at least in part, from the growing gap between the rich and poor.
Neofeudalism rising! Serfs get peanuts in service to the new aristocracy. -- RF
American Apocalypse (John Whitehead)
Trump and Greenland: America keeps looking for the next frontier
3 dead, 4 wounded in New Mexico shooting
Marianne Williamson to create ‘Department of Peace’ if elected
Better than a department of war, but this just increases both complexity and budget requirements, thereby hastening the process of collapse. -- RF

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