Saturday, 4 April 2020

Global headlines - 3 April, 2020

News Links, April 3, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Softbank pulls the plug on WeWork bailout, giving co-founder Adam Neumann another black eye

## Airline death spiral ##
British Airways could suspend 36,000 employees: BBC
Boeing 787s must be turned off and on every 51 days to prevent 'misleading data' being shown to pilots
US air safety bods call it 'potentially catastrophic' if reboot directive not implemented

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran Warns US Against Warmongering, Top Iran General Visits Baghdad
Inside US Indo-Pacific Command's $20 billion wish list to deter China — and why Congress may approve it
EU Set to Deploy Warships Off Libya in Rare Hard-Power Display
Dismantling democracy? Virus used as excuse to quell dissent

## Global unrest/mob rule/angry people/torches and pitchforks ##
Businesses protect themselves from coronavirus-spurned civil unrest by boarding up storefronts
By "spurned" the writer probably meant "spawned." -- RF

Large-scale industries like the oil industry need momentum and a huge amount of money to stay in business. Once components of the industry start to shut down, getting them started again is no easy task. -- RF
• Coronavirus
Why The U.S. Will Drown In Covid-19 Cases
The reasons include ill discipline, ignorance and incompetence, nutty religiousness and racism.

## Propaganda/censorship/fake news/alternative facts ##
Scoop: Netanyahu shared fake video as proof of Iranian virus cover-up

Criticism soon erupted on social media. The money would be much better spent on upgrading the capacity of mask manufacturers. According to the government, companies are making masks by the hundreds of millions, but just try to find them. -- RF

## UK ##
British Airways expected to suspend 36,000 staff amid coronavirus crisis
How It Starts (Craig Murray)
It is a recognised pattern for dictatorship to commence with emergency measures designed to combat a threat. Those emergency measures then become normalised and people exercising arbitrary power find it addictive. A new threat is then found to justify the continuation.
The Military Knew Years Ago That a Coronavirus Was Coming
The Pentagon warned the White House about a shortage of ventilators, face masks, and hospital beds in 2017—but the Trump administration did nothing.
Unemployment claims for last week could shatter record amid millions of new layoffs
Week Two of the Collapse of the Labor Market
This type of sudden, previously unimaginable fall-off-the-cliff data about the lockdown-economy is gut-wrenching.
Coronavirus Is Making the Public Pension Crisis Even Worse
The pandemic has handed the funds big losses after they ramped up their appetite for risk over the past decade.

• Coronavirus


No comments:

Post a Comment

Note: only a member of this blog may post a comment.