Saturday 27 June 2020

Global headlines - 26 June, 2020

News Links, June 27, 2020


## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Pakistan receives $1bln from World Bank, ADB

## Cut, baby, cut! ##
Nike plans to cut jobs in digital push

## Airline death spiral ##
U.S. airline labor unions seek billions more to extend coronavirus payroll aid as demand remains weak

## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S. agrees to EU offer to create dialogue on China's threat to the West

## Global unrest/mob rule/angry people/torches and pitchforks ##
US marshals asked to prepare to protect monuments nationwide: report

## Got food? ##
Coronavirus: A wake-up call to strengthen the global food system

## Environment/health ##
Amazon Rainforest Hit By Killer Droughts
When humans pull back, other species can flourish. -- RF
As with nuclear waste, we can expect that little substantive action will be taken to eliminate this threat to the planet. -- RF
• Coronavirus
Scientists just beginning to understand the many health problems caused by COVID-19
Scientists are only starting to grasp the vast array of health problems caused by the novel coronavirus, some of which may have lingering effects on patients and health systems for years to come, according to doctors and infectious disease experts.
Coronavirus traces found in March 2019 sewage sample, Spanish study shows
Spanish virologists have found traces of the novel coronavirus in a sample of Barcelona waste water collected in March 2019, nine months before the COVID-19 disease was identified in China, the University of Barcelona said on Friday.
So if Trump still insists on being "accurate," perhaps he should call it the "Spain virus." -- RF

## Intelligence/security/internet/cyberwar ##
Doctors for Assange Say UK May be Liable for His Torture
In a new letter to the British medical journal The Lancet, Doctors for Assange say that the British government may be held legally responsible for the torture of the imprisoned WikiLeaks publisher.

## Propaganda/censorship/fake news/alternative facts ##
Truly Shameful BBC Israeli Propaganda
In a genuinely outrageous piece of victim blaming, BBC News just blamed Palestinian intransigence in refusing to accept Israeli annexation of the West Bank for the deaths of Palestinian children caused by the Israeli blockade of medical supplies to Gaza.

## Japan ##
Forecast: Japan facing hot summer

News Links, June 26, 2020


## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The Depression Dominoes Are Toppling
Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable.

## Airline death spiral ##
IATA predicts airlines will lose $84 billion in 2020, but agency offers a roadmap for recovery
In April, air travel declined 98% from last year as countries closed their borders in efforts to stem the coronavirus pandemic.
Qantas Cuts 6,000 Jobs And Grounds International Fleet For At Least 12 Months

## Energy/resources ##
Global oil discovered was 7.7 times less than consumption in 2019
It's important to realize how extremely serious this situation is. -- RF
Occidental signals writedown of up to $9 billion on bleak oil price outlook

## Environment/health ##
• Coronavirus
Coronavirus: will vaccine deals lead to poorer countries missing out?
World leaders have called for vaccines to be a public good, but many countries are striking exclusive agreements with pharmaceutical firms
Is AIPAC Finished?
No conference, guidance, deference, or Foreign Affairs Committee chair
Is it OK for other countries to punish the US over its treatment of Black Americans? -- RF

News Links, June 25, 2020


## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
IMF slashes its forecasts for the global economy and warns of soaring debt levels

## War on cash/cashless society/cryptocurrencies ##
New Zealand makes its biggest ever asset seizure over alleged vast bitcoin crime ring

## Airline death spiral ##
Lufthansa draws up 'Plan B' to avoid insolvency - source

## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump aides begin discussions on Israel's West Bank annexation plan: sources

## Energy/resources ##
U.S. Shale Has Lost $300 Billion In 15 Years
In the 15 years since the first U.S. shale boom, the industry as a whole has failed to return a profit.
With contracts canceled and debts mounting, offshore oil drillers face another shakeout
• Coronavirus
Florida reports another record spike in coronavirus cases, up 5.3% in a day

## Intelligence/security/internet/cyberwar ##
Trump, Bolton, and Pompeo: Loathsome Peas in a Pod
Biden And His Ventriloquists Keep Out-Hawking Trump
In a series of truly chilling and ominous tweets, Joe Biden shows us he would dispense with Trump's even minimal non-interventionism and return the U.S. to full-bore aggression.
Twitter terminates DDoSecrets, falsely claims it may infect visitors

## Japan ##
LDP lays groundwork to consider equipping Japan with attack capabilities
The ruling Liberal Democratic Party began preparations Tuesday to establish a team to consider the possibility of the nation possessing the capability to attack enemy bases.
Office cluster pushes Tokyo coronavirus cases to one-and-half-month high: NHK
China's COVID-19 Vaccine Makers Are Going Abroad for Human Trials
With dwindling coronavirus cases at home, Chinese biomedical companies are cooperating with Brazil and the UAE for phase three clinical trials.
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