News Links, July 8, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
EU sees deeper recession, less steep rebound for euro zone
Cuts to basic services loom as coronavirus ravages local economies and sends states into fiscal crisis (US)
EU sees deeper recession, less steep rebound for euro zone
Cuts to basic services loom as coronavirus ravages local economies and sends states into fiscal crisis (US)
## Cut, baby, cut! ##
Dunkin' will close hundreds of convenience store locations by end of 2020
Levi's sales fall 62% in second quarter, to cut 15% of corporate workforce
## War on cash/cashless society/cryptocurrencies ##
How COVID-19 is accelerating the shift to a cashless society
## Airline death spiral ##
United warns about COVID-19 surge as U.S. airlines move toward federal loans
14 Hawaiian Airlines flight attendants test positive for COVID-19
The Planes are Safe, It's the People Who Aren't
## Fault lines/flashpoints/powder kegs/military/war drums ##
Germany spent over $1B to cover costs linked to US troops
The Planes are Safe, It's the People Who Aren't
## Fault lines/flashpoints/powder kegs/military/war drums ##
Germany spent over $1B to cover costs linked to US troops
China Withdrawing In Ladakh, Tents Gone, Troops Reduced
## Energy/resources ##
## Energy/resources ##
The Collapse Of The U.S. Oil Drilling Rig Count Spells Big Trouble Ahead
Air Conditioners Contribute to 'Energy Poverty,' New Study Finds
Air Conditioners Contribute to 'Energy Poverty,' New Study Finds
Venezuela's Oil Riches Are Quietly Falling Under Russian Control
Bill Gates Backed Miner Looks For Cobalt In Canada
Bill Gates Backed Miner Looks For Cobalt In Canada
## Got food? ##
COVID-19 outbreaks at meat processing plants are hitting minorities hard
## Environment/health ##
Microplastic pollution harms lobster larvae, study finds
COVID-19 outbreaks at meat processing plants are hitting minorities hard
## Environment/health ##
Microplastic pollution harms lobster larvae, study finds
## Intelligence/security/internet/cyberwar ##
The 55-year-old is known for a his record number of acquittals and led a push by European lawyers for French President Emmanuel Macron to grant asylum to Assange in February.
TikTok to leave Hong Kong as security law raises worries
U.S. is 'looking at' banning TikTok and Chinese social media apps, Pompeo says
TikTok to leave Hong Kong as security law raises worries
U.S. is 'looking at' banning TikTok and Chinese social media apps, Pompeo says
## Propaganda/censorship/fake news/alternative facts ##
The Latest 'Russiagate' BOMBSHELL Took Just One Week To Be Exposed As Dud. Who Was Its Source?
## Systemic breakdown/collapse/unsustainability ##
What Will Be the Most Desirable Status Symbols in the Greater Depression?
Virtue-signaling texts from your $100 million yacht no longer impress, they enrage.
## Japan ##
Japan's household spending slumps by record as curbs hit travel, dining out
Race against time to rescue stranded flood victims; 52 dead
The Latest 'Russiagate' BOMBSHELL Took Just One Week To Be Exposed As Dud. Who Was Its Source?
## Systemic breakdown/collapse/unsustainability ##
What Will Be the Most Desirable Status Symbols in the Greater Depression?
Virtue-signaling texts from your $100 million yacht no longer impress, they enrage.
## Japan ##
Japan's household spending slumps by record as curbs hit travel, dining out
Race against time to rescue stranded flood victims; 52 dead
## China ##
China slams U.S. as it joins global arms trade treaty at U.N.
China tweaks graduate employment rate to include students who find 'work' as gamers, bloggers
China tweaks graduate employment rate to include students who find 'work' as gamers, bloggers
Cities Along Yangtze River Inundated by Severe Floods
## UK ##
Pret a Manger to close 30 stores and could cut more than 1,000 jobs
## UK ##
Pret a Manger to close 30 stores and could cut more than 1,000 jobs
Huawei: 5G decision to be made 'within weeks', says culture secretary
UK to resume arms sales to Saudi Arabia despite 'possible' war crimes in Yemen, government says
UK to resume arms sales to Saudi Arabia despite 'possible' war crimes in Yemen, government says
## US ##
Fed policymakers see economy plateauing, risks ahead
Target shopper wearing '$40,000 Rolex' destroys face mask display, while Costco shopper protests mask policy
Target shopper wearing '$40,000 Rolex' destroys face mask display, while Costco shopper protests mask policy
News Links, July 7, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
One fifth of German firms fear for their survival amid pandemic: Ifo
## Airline death spiral ##
Vistara in talks with planemakers, lessors to delay taking delivery of some aircraft
## Migrants/refugees ##
Italy to take in 180 migrants rescued in Mediterranean
## Global unrest/mob rule/angry people/torches and pitchforks ##
Frederick Douglass statue vandalized in Rochester park
## Got food? ##
Climate change impacts on agriculture
## Environment/health ##
## Intelligence/security/internet/cyberwar ##
Memo Raises Fresh Doubts on Russian Bounty Intel
## Systemic breakdown/collapse/unsustainability ##
What Makes You Think the Stock Market Will Even Exist in 2024?
One fifth of German firms fear for their survival amid pandemic: Ifo
## Airline death spiral ##
Vistara in talks with planemakers, lessors to delay taking delivery of some aircraft
Air NZ puts on hold international flights into New Zealand on government's request
## Fault lines/flashpoints/powder kegs/military/war drums ##
Two U.S. aircraft carriers are operating in the South China Sea; Air Force B-52 joins them
## Fault lines/flashpoints/powder kegs/military/war drums ##
Two U.S. aircraft carriers are operating in the South China Sea; Air Force B-52 joins them
## Migrants/refugees ##
Italy to take in 180 migrants rescued in Mediterranean
## Global unrest/mob rule/angry people/torches and pitchforks ##
Frederick Douglass statue vandalized in Rochester park
Oregon protesters clash with police, throw fireworks
Authorities say 21 people were arrested or detained early Sunday after throwing fireworks and mortars as they clashed with police during the latest rally decrying police brutality
Authorities say 21 people were arrested or detained early Sunday after throwing fireworks and mortars as they clashed with police during the latest rally decrying police brutality
No to Ospreys (Japan)
## Energy/resources ##
Dominion, Duke abandon plans to build $8B Atlantic Coast Pipeline, citing 'increasing legal uncertainty'
Judge orders Dakota Access pipeline shut down pending review
## Energy/resources ##
Dominion, Duke abandon plans to build $8B Atlantic Coast Pipeline, citing 'increasing legal uncertainty'
Judge orders Dakota Access pipeline shut down pending review
## Got food? ##
Climate change impacts on agriculture
## Environment/health ##
Global warming looks like it will be a bigger problem for the world's fish species than scientists first thought: A new study shows that when fish are spawning or are embryos they are more vulnerable to hotter water.
Modern consumption harms environment, health and animal life
Modern consumption harms environment, health and animal life
• Coronavirus
## Intelligence/security/internet/cyberwar ##
Memo Raises Fresh Doubts on Russian Bounty Intel
## Systemic breakdown/collapse/unsustainability ##
What Makes You Think the Stock Market Will Even Exist in 2024?
Southwestern Japan hit by more heavy rain as death toll rises to 49
## China ##
US chip ban doesn't mean the end of Huawei
## China ##
US chip ban doesn't mean the end of Huawei
China Imposes Checks on Large Transactions After Bank Runs
China New Car Sales Crash 37% In 4th Week Of June
China New Car Sales Crash 37% In 4th Week Of June
## US ##
U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited
Situation 'really not good' as new COVID-19 cases break records: Fauci
Situation 'really not good' as new COVID-19 cases break records: Fauci
If they're smart, they'll dig up their backyards and learn how to grow food. -- RF
Choices (America's one-party system)
News Links, July 6, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Crew Crisis To Trigger Ship Detentions And Diversions
## Airline death spiral ##
Canada PM disappointed by Air Canada move to suspend domestic flights
## Fault lines/flashpoints/powder kegs/military/war drums ##
## Global unrest/mob rule/angry people/torches and pitchforks ##
Predominantly Black armed protesters march through Confederate memorial park in Georgia
## Got food? ##
Tepco unit launches giant vertical farm in Shizuoka powered by artificial lighting (Japan)
## Environment/health ##
Mongolia Quarantines Russian Border Region Over Bubonic Plague Suspicion
Crew Crisis To Trigger Ship Detentions And Diversions
## Airline death spiral ##
Canada PM disappointed by Air Canada move to suspend domestic flights
Ryanair pilots agree to 20% pay cut in attempt to limit job losses
There is No Recovery in the Aerospace Industry
There is No Recovery in the Aerospace Industry
## Fault lines/flashpoints/powder kegs/military/war drums ##
India Approves Purchase of 33 Russian Fighter Jets
Fire at Iran's Natanz nuclear facility caused significant damage: spokesman
Fire at Iran's Natanz nuclear facility caused significant damage: spokesman
Iraqi forces thwart attack aiming for Camp Taji, but child injured by rocket fired toward US Embassy
Iran insists potential deal with China 'not secret'
Iran's foreign minister told parliament that they are 'negotiating a 25-year strategic accord with China'
Iran's foreign minister told parliament that they are 'negotiating a 25-year strategic accord with China'
## Global unrest/mob rule/angry people/torches and pitchforks ##
Predominantly Black armed protesters march through Confederate memorial park in Georgia
## Got food? ##
Tepco unit launches giant vertical farm in Shizuoka powered by artificial lighting (Japan)
## Environment/health ##
Mongolia Quarantines Russian Border Region Over Bubonic Plague Suspicion
Heatwave trends accelerate worldwide
Mexico City buried its rivers to prevent disease and unwittingly created a dry, polluted city where COVID-19 now thrives
Mexico City buried its rivers to prevent disease and unwittingly created a dry, polluted city where COVID-19 now thrives
• Coronavirus
Very sensibly, food takes precedence over technological gewgaws. -- RF
## China ##
Time for China to decouple the yuan from US dollar, former diplomat urges
## China ##
Time for China to decouple the yuan from US dollar, former diplomat urges
Operation Bashi Channel: the next flashpoint in the China-US military rivalry
## UK ##
As the Biggest Restaurant Chains in the UK Fall into Bankruptcy, Attention Turns to KKR & Other PE Firms that Own Them
## UK ##
As the Biggest Restaurant Chains in the UK Fall into Bankruptcy, Attention Turns to KKR & Other PE Firms that Own Them
Government contracts obtained by consumer advocacy group Knowledge Ecology International show that the Trump administration is giving pharmaceutical companies a green light to charge exorbitant prices for potential coronavirus treatments developed with taxpayer money by refusing to exercise federal authority to constrain costs.
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