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Friday, 13 March 2020

Global Headlines - 13 March, 2020


## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Business travel sector to lose $820 billion in revenue on coronavirus hit: industry group
75% of Companies Suffer From Coronavirus Supply Chain Disruptions
Junk Status? Oil Nations Face Serious Credit Downgrades
Google recommends all North America employees to work from home
The Collapse of Pot Stocks: Refreshingly, Not COVID-19’s Fault
Hard to feel sorry for victims of these hilariously obvious pump-and-dump schemes, but they sure got their pockets cleaned out.

## War on cash/cashless society/cryptocurrencies ##
Crypto Crash: Bitcoin Smashed 36% Most Cryptos Even Worse

## Airline death spiral ##
Global airlines call for government aid as new U.S. coronavirus travel curbs bite
Air freight rates skyrocket amid passenger flight cuts, Chinese factory restarts
Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat
Of immediate concern is how much cash Boeing is burning due to the 737 MAX fiasco and now the coronavirus, and how much cash it can pile up to avoid a liquidity crisis.
"Unprecedented Situation" - Norwegian Air Suspends 4,000 Flights, Cuts Half Its Employees

## Fault lines/flashpoints/powder kegs/military/war drums ##
NORAD intercepts two Russian reconnaissance aircraft near Alaska
At the end of the Cold War in 1989 and just prior to the Gulf War in 1990, America had over 400 bombers. After these proposed cuts, there will be only 140.

New Weather Patterns Are Turning Water Into a Weapon
The melting glaciers of the Himalayas have become a political tool in the tussle between China, India, Pakistan and Bangladesh.
U.S. Discusses Buying Oil For SPR To Help Shale Drillers
Global warming is not waiting around for the signatories to the Paris climate accord ‘15 to go to net zero emissions 2030/50. Sorry, those bold plans are way too little way too late. Already, across the board, the planet is on a hot streak that defies all projections.

## Intelligence/security/internet/cyberwar ##
How black swans are shaping planet panic
However, the author seems to be captive to the idea that only "the Russians" are behind the use of the internet to disrupt or manipulate US elections. My guess is that US intelligence agencies, political parties, various groups, and plenty of private citizens and hackers with their own agendas are hard at work exploiting these same vulnerabilities — and are happy to have their activities blamed on "the Russians." Incidentally, I don't see why "the Russians" or anyone else who wants to ruin America would bother with trying to influence the presidential election. With the apparent choices being Trump and Biden, the US is guaranteed to continue going down the tubes. -- RF
Americans are told every day that Russians are interfering in our politics. We’ve been interfering in Russia’s for a century.
Russians can be forgiven for believing that the United States wishes their country neither prosperity nor stability
New OPCW whistleblower slams ‘abhorrent mistreatment’ of Douma investigators
A fourth OPCW whistleblower has emerged to defend the two veteran inspectors who challenged a cover-up of the chemical weapons probe in Douma, Syria. The new whistleblower lamented that other staffers have been “frightened into silence.”
Japan's ailing small businesses hang by a 1-month thread
Japan's newly approved 1 trillion yen ($9.6 billion) bailout for companies impacted by the novel coronavirus arrives as most small businesses limp along on just a month's worth of cash.
Coronavirus: Latest Updates

## UK ##
Health minister Dorries diagnosed with coronavirus

## US ##
• Coronavirus
White House told federal health agency to classify coronavirus deliberations - sources
The White House has ordered federal health officials to treat top-level coronavirus meetings as classified, an unusual step that has restricted information and hampered the U.S. government’s response to the contagion, according to four Trump administration officials.

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