Wednesday, 7 October 2020

News headlines - 6 October, 2020

 

News Links, October 7, 2020


## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Euro zone economic recovery in danger as COVID-19 resurgence hits service industries

## Cut, baby, cut! ##
Exxon To Ax 1,600 Jobs Across Europe As Pandemic Forces Cost Cuts

## War on cash/cashless society/cryptocurrencies ##
Europe mulls digital euro as China pushes ahead with own electronic currency

## Airline death spiral ##
Philippine Airlines to slash jobs
The airline said it was running less than 15% of its normal daily flights after eight months of restrictions
Lufthansa CEO says no end in sight to burning through cash
Europe Going Its Own Way
Events of the past week show the Continent restoring some of its pre-1945 independence from U.S. hegemony.
Israel to Advance Plans for 4,400 New Settlement Homes
Israel demolished a record number of Palestinian homes this year
Pompeo's visit prompted by Turkey's S-400s (Greece)

## Global unrest/mob rule/angry people/torches and pitchforks ##
• Coronavirus
Under Pressure, Amazon Reveals Over 20,000 Employees Likely Contracted COVID
Amazon is not a company known for treating its employees' welfare as its top priority. Workers feel under so much pressure that they urinate in bottles or wear adult diapers rather than risk the wrath of management.

## Intelligence/security/internet/cyberwar ##

## Systemic breakdown/collapse/unsustainability ##
Corruption Is Now Our Way of Life
Systemic corruption and the implosion of the social contract have consequences: It's called collapse.
Singapore offers 'pandemic baby bonus' to boost births
Scotland to impose two-week mini lockdown from Friday - Sun newspaper
Covid-19: 'Silent killer being weaponised by offenders'
Covid-19 is being "weaponised" by offenders, according to one police force which has seen spitting and coughing assaults on officers double.

## US ##
Numerous institutions in Washington are breaking down. The Secret Service appears to be another one of them.


Sunday, October 04, 2020

 

News Links, October 5, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Geneva residents vote to institute $25 per hour minimum wage

## Cut, baby, cut! ##
Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain

## War on cash/cashless society/cryptocurrencies ##
Does Cryptocurrency Really Run On Clean Energy?

## Airline death spiral ##
Airbus executive says aviation outlook worse than expected
Most Asian allies have been pleased with Washington's toughness toward their regional rival, but have not so eagerly welcomed Trump and Pompeo's highly charged recent rhetoric and remain wary of going too far in openly antagonizing China.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands of Israelis protest against Netanyahu despite lockdown
Thousands of Israelis protested across the country on Saturday, flouting a new law meant to curb anti-government demonstrations during a coronavirus lockdown.
Thousands flock to Mexico City protest against President Lopez Obrador

## Environment/health ##
Scientists' warning to humanity on insect extinctions
• Coronavirus

## Intelligence/security/internet/cyberwar ##
DHS official says he heard of request to extract information from protesters' cellphones
Mike Pompeo keeps up pressure on China despite cutting short Asia trip

## UK ##
Small-Business Emergency Loan Program in the UK Threatens to Descend into Chaos
A goldmine for enterprising criminals. Even legitimate borrowers face sky-high default rates. Taxpayers to eat the losses.

## US ##
Federal Debt Tops $27 Trillion for First Time
Trump hospitalized after getting experimental drug
Decision to give virus-stricken US president unproven antibody cocktail was met with deep skepticism by some experts

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