News Links, June 18, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
IMF set to slash economic forecasts and warns of a crisis 'unlike anything the world has seen'
IMF set to slash economic forecasts and warns of a crisis 'unlike anything the world has seen'
Globally, funds added another 154 tons of gold to their holdings boosting the total to a record 3,510 tons, according to the latest data released by the World Gold Council.
## Cut, baby, cut! ##
HSBC revives plan to axe 35,000 jobs, memo shows
Volvo Group Layoffs 2020: 4,100 White-Collar Jobs Slashed Over Coronavirus Concerns
## Airline death spiral ##
United Airlines sweetens exit deal for flight attendants
Lawmakers accuse FAA chief of 'stonewalling' investigation into Boeing 737 Max
Lufthansa warns of threat to its $10 billion bailout deal
Lufthansa warns of threat to its $10 billion bailout deal
## Fault lines/flashpoints/powder kegs/military/war drums ##
North Korea's military to reenter inter-Korea cooperation sites
U.S. Leads a Coalition of One Against China
Washington is falling dangerously short in its search for allies to defend Hong Kong and Taiwan.
Washington is falling dangerously short in its search for allies to defend Hong Kong and Taiwan.
## Energy/resources ##
Global Energy Demand Growth Already Slowed Before The Pandemic
## Environment/health ##
Stuck at Home, the World Is Eating Less Sugar
Survey of Permian-Triassic biodiversity offers vision of the future of climate change
Shunned by its Nordic neighbors for its coronavirus strategy, Sweden says there are 'wounds that will take time to heal'
Herd immunity won't solve our COVID-19 problem
Herd immunity won't solve our COVID-19 problem
## Intelligence/security/internet/cyberwar ##
Russian Bookstores Sell New Constitution Ahead of Vote on Putin's Reforms
The text includes a provision that gives Putin the ability to extend his 20-year rule through 2036.
Facebook takes down Proud Boys, American Guard accounts connected to protests
Russian Bookstores Sell New Constitution Ahead of Vote on Putin's Reforms
The text includes a provision that gives Putin the ability to extend his 20-year rule through 2036.
Facebook takes down Proud Boys, American Guard accounts connected to protests
Cyber spies use LinkedIn to hack European defence firms
Employee tracking is increasingly widespread, and it could be doing more harm than good
Employee tracking is increasingly widespread, and it could be doing more harm than good
## Propaganda/censorship/fake news/alternative facts ##
Cynicism and Warmongering
The BBC plumbed the depths of hypocrisy in dressing up the final episode of the Salisbury Poisonings as a homage to Dawn Sturgess while systematically lying about the facts of her death, yet again to cover up the implausibility of the official narrative.
2 top Voice of America executives resign as controversial Trump pick takes over
The BBC plumbed the depths of hypocrisy in dressing up the final episode of the Salisbury Poisonings as a homage to Dawn Sturgess while systematically lying about the facts of her death, yet again to cover up the implausibility of the official narrative.
2 top Voice of America executives resign as controversial Trump pick takes over
## Japan ##
Japanese researchers confirm coronavirus testing in sewers as possible outbreak warning system
Japan's exports fall most since 2009 as U.S. demand slumps
## China ##
Huawei outpaces rivals with chip sanctions ploy
China Cancels Flights, Classes Over New Outbreak As India Deaths Soar
## UK ##
Coronavirus: Economy 'may never fully recover' from pandemic, Tony Blair Institute warns
UK death toll from confirmed COVID-19 rises by 184 to 42,153
Trump is Hiding a $5 Billion Paycheck Protection Slush Fund
More sleazy details have emerged in regards to why the Trump administration wants to hide small business loan details.
More sleazy details have emerged in regards to why the Trump administration wants to hide small business loan details.
Housing Recovery Not Much to Crow About
COVID-19 will turn the state pension problem into a fiscal crisis
COVID-19 will turn the state pension problem into a fiscal crisis
News Links, June 17, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
A dollar crash is virtually inevitable, Asia expert Stephen Roach warns
American Exceptionalism Is on the Ropes and the End of the Petrodollar Is Nigh
From the border wall rhetoric to trade wars, Trump is effectively setting up the implosion of the dollar and couching it as pseudo nationalistic populism.
Asset Class of Classic Cars Sinks, High-End Hits 5-Year Low, Priciest Ferraris Drop the Most. American Muscle Cars Fall to 2007 Level
A dollar crash is virtually inevitable, Asia expert Stephen Roach warns
American Exceptionalism Is on the Ropes and the End of the Petrodollar Is Nigh
From the border wall rhetoric to trade wars, Trump is effectively setting up the implosion of the dollar and couching it as pseudo nationalistic populism.
Asset Class of Classic Cars Sinks, High-End Hits 5-Year Low, Priciest Ferraris Drop the Most. American Muscle Cars Fall to 2007 Level
## Cut, baby, cut! ##
SoftBank-backed ride-hailing firm Grab cuts staff to cope with virus impact
Hilton to cut 2,100 corporate jobs globally
## War on cash/cashless society/cryptocurrencies ##
Cryptocurrency Boom In India Sees Launch Of Several New Exchanges
China plans pan-Asian digital currency to rival Facebook's Libra
The proposed digital currency would be based on a basket of currencies including the Chinese yuan, Japanese yen, South Korean won and Hong Kong dollar.
## Airline death spiral ##
Embraer to receive $600 million loan, partly backed by government, due to coronavirus
## Fault lines/flashpoints/powder kegs/military/war drums ##
Crushing US Sanctions To Take Effect on Syria This Week
North Korea's military threatens to reenter areas demilitarized under inter-Korean agreements
North Korea's military threatens to reenter areas demilitarized under inter-Korean agreements
20 Indian soldiers killed in border clashes with Chinese troops
EU recognition of Palestine 'inevitable' if Israel annexes West Bank, officials warn
EU recognition of Palestine 'inevitable' if Israel annexes West Bank, officials warn
## Global unrest/mob rule/angry people/torches and pitchforks ##
Man shot in New Mexico protest over conquistador sculpture
Youths set fire to vehicles in French city of Dijon, police called in
Man shot in New Mexico protest over conquistador sculpture
Youths set fire to vehicles in French city of Dijon, police called in
## Energy/resources ##
On-site Botox treatments! Chesapeake Energy to file for bankruptcy as soon as this week: sources
BP expects to take $17.5bn hit due to coronavirus writedown
Oil company says it may be forced to leave some of its fossil fuel discoveries in the ground
U.S. Needs To Overhaul Grid To Boost Renewable Energy
Oil company says it may be forced to leave some of its fossil fuel discoveries in the ground
U.S. Needs To Overhaul Grid To Boost Renewable Energy
## Environment/health ##
Slowing the Coronavirus Is Speeding the Spread of Other Diseases
More than a century of oil and gas drilling has left behind millions of abandoned wells, many of which are leaching pollutants into the air and water.
Whales are disturbed by engine noise from boats
• Coronavirus
## Propaganda/censorship/fake news/alternative facts ##
## Systemic breakdown/collapse/unsustainability ##
Poll: Americans are the unhappiest they've been in 50 years
## Japan ##
Is sudden decision to 'suspend' Aegis Ashore deployment a setback or a calculated retreat?
Tokyo confirms 27 new coronavirus cases, above 20 for sixth day
## China ##
## US ##
Whales are disturbed by engine noise from boats
• Coronavirus
UK funds human trials of potential COVID-19 vaccine from Imperial
FDA warns hydroxychloroquine may weaken effectiveness of coronavirus drug remdesivir
New Virus Cases In China, N. Zealand Sound Pandemic Alarm
FDA warns hydroxychloroquine may weaken effectiveness of coronavirus drug remdesivir
New Virus Cases In China, N. Zealand Sound Pandemic Alarm
Scientists hail dexamethasone as 'major breakthrough' in treating coronavirus
## Intelligence/security/internet/cyberwar ##
FCC chair calls T-Mobile U.S. network outage 'unacceptable', vows probe
## Intelligence/security/internet/cyberwar ##
FCC chair calls T-Mobile U.S. network outage 'unacceptable', vows probe
United States accuses Venezuela of illegally naming electoral council
U.S. Secretary of State Mike Pompeo on Monday accused the government of embattled Venezuelan President Nicolas Maduro of illegally installing a new regime-friendly national electoral council that will oversee elections scheduled for later this year.
U.S. Secretary of State Mike Pompeo on Monday accused the government of embattled Venezuelan President Nicolas Maduro of illegally installing a new regime-friendly national electoral council that will oversee elections scheduled for later this year.
This is a matter to be resolved by the Venezuelan people, not a government official of a foreign country. -- RF
## Propaganda/censorship/fake news/alternative facts ##
The Miracle of Salisbury
It turns out that the BBC really does believe that God is an Englishman. When the simple impossibility of the official story on the Skripals finally overwhelmed the dramatists, they resorted to Divine Intervention for an explanation – as propagandists have done for millennia.
Agents of influence — what about the Australian Strategic Policy Institute?
How an Internet 'Persona' Helped Birth Russiagate
It turns out that the BBC really does believe that God is an Englishman. When the simple impossibility of the official story on the Skripals finally overwhelmed the dramatists, they resorted to Divine Intervention for an explanation – as propagandists have done for millennia.
Agents of influence — what about the Australian Strategic Policy Institute?
How an Internet 'Persona' Helped Birth Russiagate
## Systemic breakdown/collapse/unsustainability ##
Poll: Americans are the unhappiest they've been in 50 years
## Japan ##
Is sudden decision to 'suspend' Aegis Ashore deployment a setback or a calculated retreat?
Tokyo confirms 27 new coronavirus cases, above 20 for sixth day
## China ##
Hong Kong leader says opponents of security law are "enemy of the people"
China's auction of 1 trillion yuan of special treasury bonds to begin this week, sources say
Beijing Reports 27 New COVID-19 Cases, Bringing Total to 106
China's auction of 1 trillion yuan of special treasury bonds to begin this week, sources say
Beijing Reports 27 New COVID-19 Cases, Bringing Total to 106
Commercial Real Estate Sellers Expecting Pre-Virus Prices "Are Smoking Dope," Says UK Fund Manager
Researchers: Cheap drug improves COVID-19 survival
Researchers: Cheap drug improves COVID-19 survival
## US ##
Will Kohl's survive? (video)
But Who Bought this Huge Pile of US Government Debt?
Foreign holders, US banks, and US government funds all dumped. But two big players gorged on it – and one of them was the Fed.
Foreign holders, US banks, and US government funds all dumped. But two big players gorged on it – and one of them was the Fed.
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