Wednesday, 18 March 2020

Global news headlines - 18 March, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
World Bank adds $2 billion to funds available for coronavirus response
Coronavirus wreaks havoc on retail supply chains globally, even as China’s factories come back online
Azerbaijani Economy At Stake As Oil Prices Plummet

After Blowing $4.5 Trillion on Share Buybacks, Airlines, Boeing, Many Other Culprits Want Taxpayer & Fed Bailouts of their Shareholders
Chapter 11 bankruptcy that wipes out shareholders is the correct solution for collapsing share-buyback queens. US airlines already know this from experience. It works.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Soldiers in Europe for Defender 2020 to return home amid pandemic
U.S. officials are significantly reducing the size and scope of the long-awaited Defender 2020 exercise intended to test the Army’s ability to move a division-sized force from U.S. seaports to European training grounds this spring.

## Energy/resources ##
Oil Demand To Plunge By 10 Million Barrels Per Day
As major economies go into lockdown, oil demand continues to fall off a cliff. On Monday, WTI fell into the $20s.
Shale gas pioneer Chesapeake Energy taps restructuring advisers - sources
Chesapeake Energy Corp, the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people familiar with the matter said on Monday.

## Got food? ##
## Environment/health ##
• Coronavirus

## US ##
As Coronvirus Grips the US, Americans Get a Taste of Life Under Sanctions
Crippling shortages, travel restrictions and overwhelmed medical services will give Americans a taste of what it is like for the millions of people living under US sanctions worldwide.

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