Friday, 7 February 2020

Global headlines - 7 February, 2020

The reality is that much of the supply chain is at risk of financial collapse.

## Cut, baby, cut! ##
AT&T's earnings released last week showed that the company has eliminated 37,818 jobs since the Tax Cuts and Jobs Act (TCJA) (which dropped AT&T's overall tax rate to 21% providing the company an estimated $46 billion in savings) was cheerily passed by Congress just three or so years ago.
Ancestry to lay off 6% of workforce because of a slowdown in the consumer DNA-testing market

## War on cash/cashless society/cryptocurrencies ##

## Airline death spiral ##
Trump State of the Union Hosts Guaido, Talks Change in Latin America
Democrats join in standing ovation for Venezuelan opposition leader
If Country X decides that the US needs a better leader and promotes a person chosen by Country X's government to replace the elected US president, would that be OK? -- RF
• Iran/Iraq
## Energy/resources ##
Tens of thousands of aging blades are coming down from steel towers around the world and most have nowhere to go but landfills.

Photos of 'king tides' globally show risks of climate change
Tourists, nature lovers and amateur scientists are whipping out their cameras to document the effects of extreme high tides on shorelines from the United States to New Zealand, and by doing so are helping better predict what rising sea levels will mean for coastal communities around the world.
• Coronavirus

## Intelligence/security/internet/cyberwar ##
The Parliamentary Assembly of the Council of Europe (PACE) has become the first one to step in and call for Assange’s immediate release, joining the call of the United Nations Special Rapporteur on Torture, Nils Melzer, who some months ago clearly stated that Assange should walk free.
Huawei, ZTE Fight to Stay Off Blacklist, as U.S. Firms Fear Ban
To counter Huawei, U.S. could take 'controlling stake' in Ericsson, Nokia: attorney general
U.S. Attorney General William Barr said on Thursday the United States and its allies should consider the highly unusual step of taking a “controlling stake” in Finland’s Nokia and Sweden’s Ericsson to counter China-based Huawei’s dominance in next-generation 5G wireless technology.
Coronavirus: Chinese military takes control of medical supplies in Wuhan
Logistics team of 260 officers and 130 military trucks are delivering basics in the city where the outbreak began

Life on the Coronavirus Frontline for Wuhan’s Doctors
Overwork, stress, and the constant risk of infection have taken their toll on physicians at the center of the epidemic, but many are hopeful that the situation is starting to stabilize.
China Introduces First Guideline for Facial-Recognition Payments
Another Major Employer Leaves San Francisco, 1,000 Jobs Vanish: Macy’s Shuts Tech Center in Broad “Optimization”
In total, 2,000 tech, admin, and management jobs to be cut and offices closed around the country. In addition, one-fifth of Macy’s stores to close. Brick & Mortar Meltdown.
This is how ancient Rome’s republic died – a classicist sees troubling parallels at Trump’s impeachment trial

And finally...

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