News Links, May 14, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debt
More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debt
## Cut, baby, cut! ##
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
## Airline death spiral ##
Contact tracing, temperature checks and masks: airline industry outlines new norms
## Fault lines/flashpoints/powder kegs/military/war drums ##
Israel's Netanyahu, armed with a new mandate, sets his sights on West Bank annexation
Trump administration wants to have its cake and eat it, too. -- RF
US To Israel: No More Chinese Deals; Pompeo's Flying Visit
Israeli officials said the message relayed during Secretary of State Mike Pompeo's hours-long visit included a very specific political warning – Israel must stop any action that strengthens the Chinese Communist Party, even if that means canceling projects already planned.
Israeli officials said the message relayed during Secretary of State Mike Pompeo's hours-long visit included a very specific political warning – Israel must stop any action that strengthens the Chinese Communist Party, even if that means canceling projects already planned.
## Global unrest/mob rule/angry people/torches and pitchforks ##
'Calls to violence': Michigan Gov. Whitmer says armed protests could lengthen stay-at-home order
## Energy/resources ##
Has Demand For Oil Already Peaked?
'Calls to violence': Michigan Gov. Whitmer says armed protests could lengthen stay-at-home order
## Energy/resources ##
Has Demand For Oil Already Peaked?
Global Oil Demand Could Take Years To Recover
Why We Still Can't Deliver on the Promise of Hydrogen Cars
Why We Still Can't Deliver on the Promise of Hydrogen Cars
Thousands of hungry people line up for food in South Africa
## Environment/health ##
## Environment/health ##
Microplastics are everywhere, study finds
Microplastics are everywhere—including in our drinking water, table salt and in the air that we breathe.
Forget murder hornets. Here come giant gypsy moths from Asia.
Microplastics are everywhere—including in our drinking water, table salt and in the air that we breathe.
Forget murder hornets. Here come giant gypsy moths from Asia.
Missouri River Drought Was Its Worst in 1,200 Years, Study Finds
Coronavirus closures could lead to a radical revolution in conservation
Coronavirus closures could lead to a radical revolution in conservation
When humans pull back, other species flourish. -- RF
• Coronavirus
## Intelligence/security/internet/cyberwar ##
In court filing, FBI accidentally reveals name of Saudi official suspected of directing support for 9/11 hijackers
France to force web giants to delete some content within the hour
In court filing, FBI accidentally reveals name of Saudi official suspected of directing support for 9/11 hijackers
France to force web giants to delete some content within the hour
Guaidó's mercenary hit contract on Venezuela's Maduro mirrors official US bounty, authorizes death squad killings
The leaked contract between Juan Guaidó and the Silvercorp USA mercenary firm closely resembles a DEA bounty placed on the head of President Nicolas Maduro and members of his inner circle this March. The deal tacitly authorizes the elimination of working class Venezuelans in proposed death squad activities.
The leaked contract between Juan Guaidó and the Silvercorp USA mercenary firm closely resembles a DEA bounty placed on the head of President Nicolas Maduro and members of his inner circle this March. The deal tacitly authorizes the elimination of working class Venezuelans in proposed death squad activities.
## Propaganda/censorship/fake news/alternative facts ##
Manipulated interpretations of diplomatic cables and evidence-free claims about allegedly existing evidence were also used in warmongering campaigns about weapons of mass destruction in Iraq and chemical attacks in Syria. The neo-conservatives are now using the same old tricks against China.
Corporate Media Don't Think Americans Paid to Invade Venezuela Count as Mercenaries
## Systemic breakdown/collapse/unsustainability ##
Corporate Media Don't Think Americans Paid to Invade Venezuela Count as Mercenaries
## Systemic breakdown/collapse/unsustainability ##
Understanding Our Pandemic – Economy Predicament
The world's number one problem today is that the world's population is too large for its resource base.
The world's number one problem today is that the world's population is too large for its resource base.
What the Pandemic Revealed: a Morally Bankrupt Culture
By stripping fraud and predation of moral consequence, we've covered the putrid rot with a thoroughly modern amorality which we can summarize as anything goes and winner takes all. Monopoly, quasi-monopoly and cartels (i.e. Warren Buffett's entire portfolio) are presented as the natural order of things rather than an evil construct of predation and exploitation that benefits the few at the expense of the many.
By stripping fraud and predation of moral consequence, we've covered the putrid rot with a thoroughly modern amorality which we can summarize as anything goes and winner takes all. Monopoly, quasi-monopoly and cartels (i.e. Warren Buffett's entire portfolio) are presented as the natural order of things rather than an evil construct of predation and exploitation that benefits the few at the expense of the many.
Sony braces for lowest profit in four years, hit broadly by coronavirus
## China ##
Blast and Furious: Battery Fires Add to China's EV Woes
## China ##
Blast and Furious: Battery Fires Add to China's EV Woes
Although experts have suggested electric vehicles aren't any less safe than their gas-powered counterparts, five fires in less than two weeks hasn't been good for optics.
US signals Sacoolas decision final as Labour calls for inquiry
The US Department of State has said the decision to refuse an extradition request for Harry Dunn's alleged killer was final, after an Interpol red notice was issued for her arrest.
The US Department of State has said the decision to refuse an extradition request for Harry Dunn's alleged killer was final, after an Interpol red notice was issued for her arrest.
UK says 110,000 applied for self-employed income scheme after launch
## US ##
Resurgent Wall Street disconnected from reality on the ground
## US ##
Resurgent Wall Street disconnected from reality on the ground
• Coronavirus
Tuesday, May 12, 2020
News Links, May 13, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
Airbnb Gets Disrupted. Hosts, "Super-Hosts" Try to Survive. Apartments in Prime Locations Suddenly Flood Rental Market
Big driver behind soaring rents — the "Airbnb effect" that removed countless properties from global cities' long-term rental markets — reverses.
UK inflation could go negative, would not be damaging deflation - BoE's Broadbent
Big driver behind soaring rents — the "Airbnb effect" that removed countless properties from global cities' long-term rental markets — reverses.
UK inflation could go negative, would not be damaging deflation - BoE's Broadbent
## Cut, baby, cut! ##
Hyatt to restructure and lay off 1,300 employees
## War on cash/cashless society/cryptocurrencies ##
Indians using more cash this year, says report
## Airline death spiral ##
Boeing CEO predicts coronavirus pandemic will claim a major U.S. airline. He didn't name names
Nervous about a packed plane? United to notify passengers facing 'full' flights, offer options
Nervous about a packed plane? United to notify passengers facing 'full' flights, offer options
PPE chic takes off at Asia's trend-setter airlines
'Fashion for calamity' is all the rage these days as airline crews dress for a new Covid-19 inspired era of global aviation
'Fashion for calamity' is all the rage these days as airline crews dress for a new Covid-19 inspired era of global aviation
Air Travel Is Going to Be Very Bad, for a Very Long Time
Flying used to be unpleasant. But scarcity, low demand, and public-health risks could make it unbearable.
Flying used to be unpleasant. But scarcity, low demand, and public-health risks could make it unbearable.
## Fault lines/flashpoints/powder kegs/military/war drums ##
Foreign Minister hands protest letter to Indian Ambassador over India's encroachment of Nepali territory
China's Belt and Road keeps steaming ahead in Laos
Covid-19 pandemic has not slowed Beijing's increasingly crucial plan to build a railway connecting China to mainland SE Asia
Covid-19 pandemic has not slowed Beijing's increasingly crucial plan to build a railway connecting China to mainland SE Asia
## Migrants/refugees ##
Greek migrant hotel ransacked in latest tensions over relocations
## Energy/resources ##
Some Shale Drillers Restart Shut-In Wells
Coal Is Collapsing Faster Than Ever, Leaving U.S. Power Cleaner
Greek migrant hotel ransacked in latest tensions over relocations
## Energy/resources ##
Some Shale Drillers Restart Shut-In Wells
Coal Is Collapsing Faster Than Ever, Leaving U.S. Power Cleaner
## Environment/health ##
Zika virus linked to significant developmental delays
Brazilian Amazon deforestation hits new Jan-Apr high
• Coronavirus
• Coronavirus
## Intelligence/security/internet/cyberwar ##
You're Being Conditioned to Live in a "Smart City" – Resist It
Venezuelan TV Exposed Failed Incursion Over a Month Before It Happened
Guaido advisers quit following bungled Venezuela raid
Guaido advisers quit following bungled Venezuela raid
Congress presses Trump for answers on botched Venezuela 'invasion'
## Propaganda/censorship/fake news/alternative facts ##
Family of ex-Green Beret captured in Venezuela says men likely believed they were trying to liberate the oppressed
## Propaganda/censorship/fake news/alternative facts ##
Family of ex-Green Beret captured in Venezuela says men likely believed they were trying to liberate the oppressed
## Systemic breakdown/collapse/unsustainability ##
It Is Much Worse Than You Are Being Told
China's factory deflation deepens as pandemic hits demand
## UK ##
P&O Ferries to cut 1,100 jobs – but owner to pay out £270m in dividends
## UK ##
P&O Ferries to cut 1,100 jobs – but owner to pay out £270m in dividends
## US ##
U.S. reports record $738 billion budget deficit in April
Once taboo, investors begin to imagine negative U.S. rates
Once taboo, investors begin to imagine negative U.S. rates
Donald Trump tells Chinese-American reporter Weijia Jiang to 'ask China' about coronavirus, then abruptly ends press briefing
Coronavirus crisis leads to largest U.S. consumer price decline since 2008
Coronavirus crisis leads to largest U.S. consumer price decline since 2008
The Bailout Is Working — for the Rich
The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government's massive rescue efforts.
The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government's massive rescue efforts.
• Coronavirus
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