News Links, July 10, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Rio Tinto smelter in New Zealand to close with loss of 1,000 jobs
Rio Tinto smelter in New Zealand to close with loss of 1,000 jobs
## Cut, baby, cut! ##
Harley-Davidson to cut hundreds of jobs as part of turnaround strategy
## Airline death spiral ##
AirAsia's future in doubt due to virus; share price tumbles
## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran-backed militia threatens escalation after Iraqi security raids group suspected of rocket attacks against US forces
Trump came into office wanting to weaken and isolate China and Iran, but appears mainly to have weakened and isolated the United States.
## Global unrest/mob rule/angry people/torches and pitchforks ##
Belgrade protest over virus management turns violent
Belgrade protest over virus management turns violent
## Energy/resources ##
Energy Transfer Not Shutting Dakota Access Oil Pipeline
Energy Transfer is not emptying or shutting down the Dakota Access Pipeline and is using all legal ways to fight the court order from Monday that would shut down the oil pipeline by August 5.
## Environment/health ##
Renewable Natural Gas Isn't a Green Solution for Climate Change
Why the Bill Gates global health empire promises more empire and less public health
Right whales are one step from extinction as warmer waters push them northward into boat traffic
Right whales are one step from extinction as warmer waters push them northward into boat traffic
It seems that extinctions are OK as long as we create a lot of shareholder value. -- RF
• Coronavirus
• Coronavirus
## Intelligence/security/internet/cyberwar ##
What a Growing List of 'Instructional' Court Cases in Russia Have in Common
What a Growing List of 'Instructional' Court Cases in Russia Have in Common
## Propaganda/censorship/fake news/alternative facts ##
As Long As Mass Media Propaganda Exists, Democracy Is A Sham
Poll: Americans Believe Russia Paid Taliban to Kill US Troops
A new poll shows that 60% of Americans view that allegation as "believable."
Pentagon tells Congress: Russian bounty intelligence not corroborated
## Systemic breakdown/collapse/unsustainability ##
You Are Now Leaving FantasyLand: The Losses Will Be Taken By Somebody
## Japan ##
Tokyo coronavirus cases hit record daily high of 224
News Links, July 9, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Europe faces deep recession and UK will shrink by 10%, says EC
Europe faces deep recession and UK will shrink by 10%, says EC
## Cut, baby, cut! ##
DHL to cut 2,200 UK workers at Jaguar Land Rover factories, union says
Bed Bath & Beyond to close 200 stores over the next two years
## Airline death spiral ##
United Airlines sending 'gut punch' furlough warnings to 36,000 workers
Delta, United, Southwest sign letters of intent to receive CARES loans
Airbus deliveries plunge in first half
Delta, United, Southwest sign letters of intent to receive CARES loans
Airbus deliveries plunge in first half
## Fault lines/flashpoints/powder kegs/military/war drums ##
Israel's formal annexation of occupied land may be put on hold, but the forced displacement of Palestinians in the West Bank marches on.
## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands in Serbia protest new COVID-19 restrictions
## Energy/resources ##
Why The Bakken May Not Come Back
## Got food? ##
Locusts still hurting Africa
## Environment/health ##
'Now is not a good time': Why COVID-19 and lockdown anxiety could be leading to lower birth rates
## Intelligence/security/internet/cyberwar ##
Key US Ally Indicted for Organ Trade Murder Scheme
Key US Ally Indicted for Organ Trade Murder Scheme
## Systemic breakdown/collapse/unsustainability ##
The American Economy in Four Words: Neofeudal Extortion, Decline, Collapse
Our society has a legal structure of self-rule and ownership of capital, but in reality it is a Neofeudal Oligarchy.
## Japan ##
32,000 workers in Japan fired amid pandemic
Japan battered by more heavy rain, floods; at least 58 dead
Urban exodus in cards as people find freedom in teleworking
Japan battered by more heavy rain, floods; at least 58 dead
Urban exodus in cards as people find freedom in teleworking
China Industrial Firms Face Refinancing Risks as Debt Wall Looms
## UK ##
Walking a tightrope: circuses warn they will go bust 'within two weeks'
## UK ##
Walking a tightrope: circuses warn they will go bust 'within two weeks'
Coronavirus: Majority testing positive have no symptoms
## US ##
US House Prices to Drop 6.6% by May 2021, First Annual Decline since Jan. 2012: CoreLogic, Owner of the Case-Shiller Index
## US ##
US House Prices to Drop 6.6% by May 2021, First Annual Decline since Jan. 2012: CoreLogic, Owner of the Case-Shiller Index
Pandemic Compresses Brick & Mortar Meltdown: Brooks Brothers Files for Bankruptcy, Ascena (Ann Taylor, etc.) Prepares to File, Tailored Brands (Men's Wearhouse, etc.) Not Far Behind
A dozen major brands, thousands of stores, after years of struggling. Work-from-home is annihilating casual and formal office attire.
A dozen major brands, thousands of stores, after years of struggling. Work-from-home is annihilating casual and formal office attire.
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