Monday, 12 October 2015 16:43

World News Desk 10-12-2015

From Rice Farmer:

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Shipping Veers into Capital Destruction

The Final Leaked TPP Text is All That We Feared

The Trans-Pacific Partnership——-Statist Aggrandizement Posing As Free Trade

This illustrates what Ludwig von Mises pointed out half a century ago: that the focus of these agreements has long shifted from trade liberalization (defined as removal of barriers) to trade regulation (or what we know today as “managed trade”) and the promotion of special interests.

Global Deflation Alert: Hidden EM Debts To China Could Be Immense

Brazil: In A Hole And Still Digging

Central bank cavalry can no longer save the world

Europe Reveals How Accounts Will Be Frozen During the Next Crisis
In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.

IMF Warns Of World Economic Crash If Interest Rates Are Not Kept Low

Why Are The IMF, The UN, The BIS And Citibank All Warning That An Economic Crisis Could Be Imminent?

Russia running short on reserve funds

Cash-strapped Venice considers selling off masterpieces by Klimt and Chagall

Meet the Secretive Committees that Run the Global Economy

Rising Fears at World’s Second Largest VW Factory

Stephen Hawking asked about humanity's future, gives depressing answer

China launches global yuan payment system

QE Causes Deflation, Not Inflation


## Cut, baby, cut! ##

Standard Chartered chief plans to cut about 1,000 top staff: memo

Reports: Twitter planning company-wide layoffs next week, ditching HQ expansion

## Airline death spiral ##
Poor service has customers swearing off certain airlines

Air France Issues Video Asking Passengers to Ignore Violence

U.S. Airline Traffic Is Up But Airlines Want More Revenues

Southwest Airlines Technology Glitch Causing Nationwide Delays

REAL ID may create real headaches for travelers in 2016

Cyberattack suspected in outages of two airport websites (Japan)


## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S. pulls plug on Syria rebel training effort; will focus on weapons supply
The United States will largely abandon its failed efforts to train moderate Syrian rebels fighting Islamic State, and instead provide arms and equipment directly to rebel leaders and their units on the battlefield, the Obama administration said on Friday.

So Who Are the Syrian Moderates Anyway? (Hint: Al Qaeda)

Iranian Revolutionary Guard Commander Hussein Hamedani Killed in Syria

US, Russia To Resume Air Safety Talks, As Tensions Rise Over Syria Conflict

Russian Airstrikes On Syria Push Obama Administration To Scale Back Effort To Oust Assad

Russia Destroys Major Base in Raqqa, Kills Over 300 Militants

Putin: Russia Will Not Conduct Ground Operation In Syria

Syrian army advances in west after Russian strikes: monitor

9.8% Budget Hike Set for Norwegian Armed Forces

Latvia Mulls Return To Conscription, Hikes Defense Spending

Medical Care for Terrorists Will Get You Bombed by the US… Unless You’re Israel

South China Sea Dispute: China Constructs Lighthouses On Reef Amid Opposition From US, Philippines

China warns US it will not allow violations of its waters

Inside North Korea: amazing photos of the secretive state

Eyeing Russia, E. European Allies Expand Armored Vehicle Fleets

Mideast Conflicts Fuel Land Force Developments

US, Japan Expected To Complete Development Of New Sea-Launched Missile By End Of Fiscal 2016

The Military Is Creating Vampire Drones That Die in the Sun

Russia backs bigger OSCE mission in Ukraine

US Abandons Scheme to Arm Rebels, Instead Adopts Rand Paul's Proposal to Arm Kurds; Hillary Flashbacks

The Tragic Ending To Obama's Bay Of Pigs: CIA Hands Over Syria To Russia

How Do-Gooders Can Do Bad
“Human rights” organizations have become purveyors of bloody chaos as they advocate Western big-power military attacks on weak countries in the name of “responsibility to protect” – one of several purportedly well-intentioned strategies gone awry.

Brzezinski’s “Retaliation” Agenda: Break Up Russia And Absorb It

Simplified Italian Future Soldier Program Ready for Production
A program that started with plans for Wi-Fi links on the battlefield, Bluetooth connections between soldiers and their rifles, and tablets strapped to the wrist of each combatant, has been streamlined to provide the required capabilities while preventing information overloads, data traffic jams and too much weight.

Iraqis Claim To Have Hit IS Chief Baghdadi's Convoy In Air Raid

Some Iraqis Are Asking Russia to Bomb ISIS in Their Country

Pakistan, China Finalize 8-Sub Construction Plan

Is Caspian Sea Fleet a Game-Changer?

Belarus Re-elects Europe's 'Last Dictator,' Alexander Lukashenko, For Fifth Term

Afghan Taliban’s Reach Is Widest Since 2001, U.N. Says

## Migrants/refugees ##
German Politician Threatens Legal Action Over Angela Merkel's Refugee Policy

Greece vows first migrant 'hotspot' on Lesbos within 10 days

Tears And Confusion As Hungary Tries ‘Criminal’ Migrants

More than 500 migrants rescued off Libya coast

EU Refugee Crisis: Germany, European Commission In Talks To Impose New Tax To Aid Refugees, Report Says

Germany, EU Deny Report On European Solidarity Tax

UN, World Bank to launch refugee and reconstruction bonds

Kiribati Climate Change Relocation Refugee Crisis? Sinking Low-Lying Island Nations In Pacific, Indian Oceans Seeking Solutions Before It's Too Late

Merkel's deputy expects Germany to get over a million refugees in 2015

Young and alone: Europe sees record surge of child refugees


## Global unrest/mob rule/angry people/torches and pitchforks ##
Israel struggles to contain wave of stabbing attacks

2 more Jerusalem stabbings as unrest grows

Refugee Crisis In Germany: Attacks On Homes For Asylum Seekers Rising

Snipers Used? Israeli Forces Open Fire on Gaza Protesters, Killing Six

Palestinian militants in Gaza Strip 'fire rocket into southern Israel'

Berlin Demonstrations Draw At Least 150,000 In Opposition To Transatlantic Free Trade Deal

Blasts kill scores at peace rally in Turkey in sign of worsening instability

Toll Rises to 128 Killed in Suicide Bombings at Turkish Peace Rally

Peru: Explosive protests sweep Lima during IMF-World Bank conference

Thai protesters riot after deaths of men in police chase

## Energy/resources ##
Historic Failure For Brazilian Oil Auction

Tanzania turns off hydropower as drought bites

Germany says firms set aside enough nuclear decommissioning funds

There will never be enough money. -- RF

This startup has found a way to remove CO2 from the air and turn it into pellets

Unsustainable. -- RF

## Infrastructure scavenging ##
Thieves target Ayrshire grid
RURAL AYRSHIRE has emerged as Scotland's hotspot for thefts from the power grid infrastructure, with around 30 thefts of metal cabling and connections recorded this summer alone.

Sophisticated gangs using drones to target church roofs for their lead

## Got food? ##
Farmers look at devastating losses as flood rolls downstream

A Pumpkin-Pie Shortage Is Looming Thanks to Heavy Summer Rains

California adopts strictest limits on livestock antibiotics

'Feast or famine': Thanksgiving food bank shortages (Canada)

## Environment/health ##
Fracking Health Risks For Mothers, Babies: Premature Births, At-Risk Pregnancies Linked To Fracking, Data Review Finds

Singapore Banks May Cut Funding To Companies Linked To Indonesian Haze

Some areas in flooded South Carolina facing second deluge

California oversight of oil well injection sites inadequate - state review

The Horn Of Africa Is Rapidly Drying Out Due To Climate Change: Study

Indonesia Haze: Singapore, Malaysia Gear Up To Fight Forest Fires

Doctor Who Survived Ebola Describes Disease's Aftermath on the Body

Exxon Arctic Drilling Benefitting From Global Warming: Oil Company Denied Climate Change Science While Factoring It Into Arctic Operations, Report Shows

68% of Chinese men are smokers—and millions will die because of it

## Intelligence/security/internet/cyberwar ##
How the DEA Uses “Parallel Construction” to Hide Unconstitutional Investigations

Did the European Court of Justice Just Torpedo the Mother of All US Trade Agreements?

Is Google Drive Down? Search Giant 'Investigating' Problem With Cloud Service

Israel Targeting Palestinian Journalists? Increased Violence Against Press Reported By Media Freedom Group

After Years of Backroom Secrecy, Public Will Finally Get to See Full TPP Text

Leaked (final?) TPP Intellectual Property chapter spells doom for free speech online

Turkish Police Detain Editor Of Paper Close To Erdogan Foe: Media

President Barack Obama Backs Away From US Law To Access Encrypted Information

Apple Disables News App In China, The World's Largest iPhone Market

ISIS Suspects Arrested In Turkey: Dozens Rounded Up For Islamic State Links Following Deadly Ankara Attack

Saudi Arabia Warns “Rumour-Mongers” on Facebook and Twitter Risk EXECUTION

Why Sale of National Geographic To Fox Signals Perilous Times For Photojournalism

## Propaganda ##

Turkish President Issues Media Blackout After Bombings
Following a deadly attack at a peace rally, social media users also reported signs that their access was also being throttled.

Media Reports ISIS Nuclear Plot That Never Actually Involved ISIS

NYT on TPP: Too Secret for Critics to Have a Right to Complain About

Propaganda on Overdrive for Xinjiang Anniversary

## Systemic breakdown/collapse/unsustainability ##

Excellent: The seductive promise of technological progress leads into progress traps

Must read: One Part of the Economy Is Booming: The Underground/Cash-Only Sector

"System D" is going gangbusters. It's more confirmation that the fastest-growing economy in the world is the underground economy. Also evident here is that complexity (a plethora of onerous rules and regulations, and the state apparatus to enforce them) is one of the factors that bring down societies, governments, and civilizations. -- RF

Vital information could be lost in 'digital dark age' warns professor
Paper archives are vital to prevent information stored on computers becoming inaccessible because of out-dated formats

Not only outdated formats. The day will come when there will be no electricity. -- RF

The world economic order is collapsing and this time there seems no way out

America Is Exhibiting All of the Signs of a Failing Empire

## Japan ##

Four years after nuclear incident, chilling Fukushima photos show healing is still not complete

Japan Military Toilet Paper For Recruiting In Schools? Armed Force Seeks To Boost Enlistment Through Unconventional Campaign

Japan Plans to Use Lottery Cash for Olympics: Tokyo Paper

In hopes of strengthening ties, Abe may travel to Iran later this year

Enough power to go around this winter

Japan Inc sounds alarm on consumer spending

Japan proposes cut in budget for upkeep costs of U.S. bases
The government has proposed to the United States a cut in Tokyo’s burden in upkeep costs for U.S. military facilities and personnel in Japan following the enactment of a controversial security legislation last month, informed sources said Sunday.

Japan production and consumption bogged down by cooling China, rising prices

Survey: 12,000 Buddhist temples lack resident monks
More than 12,000 temples in Japan currently have no resident monk, an absence that could lead to the further demise of these traditional centers of local communities, an Asahi Shimbun survey showed.


## China ##
Chinese Economy: Projects Worth $45B Delayed, Hurting Stimulus Effort

China Says US Human Rights Report Biased

Although the criticism of China's human rights record is well-founded, it's also illuminating to read China's counter-report on human rights problems in the United States. -- RF

Thousands stuck in 50-lane traffic jam in Beijing

China’s Central Bank Will Expand Relending Pilot Program To Support Economy
China's central bank said Saturday it will expand a pilot scheme on relending, the latest effort by Beijing to help support a slowing economy. The scheme, which allows banks to refinance high-quality credit assets rated by the central bank, was introduced in Guangdong and Shandong provinces last year. Analysts have said the policy tool is aimed at supporting smaller firms.

Chinese Company Builds Growing African Presence

If You Thought China's Equity Bubble Was Scary, Check Out Bonds

China aims to become world's top nuclear power producer by 2030

White-gloved butlers a new must-have for China’s super-rich

Aiding Russian operations in Syria could be watershed for PLA Navy

## UK ##
Blackout risk rises as UK energy crisis deepens
National Grid expected to confirm increased blackout risk, as experts warn crisis will worsen unless subsidies are paid to new gas power plants

Blow to UK energy plans as new gas plant in doubt

Youth homelessness figure eight times higher than Government admits, says charity
136,000 young people aged between 16 and 24 in England and Wales sought emergency housing in the past year

Ebola nurse Pauline Cafferkey in 'serious condition'
Greater Glasgow health board confirmed the Ebola virus was still present in her blood

Lyme disease cases have quadrupled

Huge shortfall in teachers forces schools to look overseas for new recruits

Immigration Bill: new powers for Navy to stop migrants
New powers to stop and search suspect vessels in British waters will be given to the police, Navy and Border Force officers in the Immigration Bill, which MPs will debate for the first time on Tuesday

Suffolk churches count ‘devastating’ cost of lead roof thefts

Home Office bans ‘luxury’ goods for Syrian refugees in UK

'Witchcraft' abuse cases on the rise

UK Army To Extend Life of Challenger 2; New Tank Too Costly

Drone Incidents On The Rise In United Kingdom: Report


## US ##

Buried in the Fed minutes is another downgrade to the U.S. economy

Fed Quietly Revises Total US Debt From 330% To 350% Of GDP, After "Discovering" Another $2.7 Trillion In Debt

Household Incomes Over Time: Divergence at the Very Top

How Much Longer Can Our Unaffordable Housing Prices Last?

Warning! Margin Debt in Freefall Is Another Reason to Worry About S&P 500

Export Prices Unexpectedly Collapse, Led by Agriculture; Non-Petroleum Import Prices Sink Most Since October 2009

Churches are paying the gov't up to $100 a month to spy on families!

Far Beyond Oil; Wholesale Imbalance Extends to Extremes In Autos

Bunny Ranch brothel to offer student debt relief

Why This Feels Like A Depression For Most People

Obama’s Two-Faced Foreign Policy
President Obama’s Syrian strategy is getting roundly denounced as incoherent, which – while true – is really a reflection of his failure to fully break with neocon-style interventionism even when he realizes the futility of the strategy.

Chinese all-cash buyers of U.S. homes have tripled since 2005

Are truck drivers in the U.S. in danger of becoming a rare breed?
The U.S. will face a shortage of nearly 50,000 truck drivers by the end of this year, according to a report by the American Trucking Associations (ATA). That's a sharp uptick from only two years ago when the shortage was pegged at 30,000 drivers.

Banana Republic Sales Drop 10%

Bay Bridge designer fears leaks are damaging main cable

US Recession Watch——An Update

Negative interest rates: Tantalizing Stupidity and the Case for Gold

Just 158 Families Provided Nearly Half the Financing for Early Efforts for the White House

Obama Is Considering Gun Control Through Executive Order


## The candidates ##

Here’s 33 Direct Quotes of Hillary Clinton Lobbying for the TPP Around the World

Hillary's Record: Pretending to Oppose Trade Agreements

Go Ahead, Back Hillary Clinton and Forget All About Her Record

Ben Carson Tells CNN the Holocaust Would Have Gone Differently If the Jews Had Guns

T. Boone Pickens, Jeb Bush's Billionaire Backer, Bets on Ben Carson, Carly Fiorina

Donald Trump says he carries a gun "sometimes"

Republican presidential front-runner Donald Trump said in an interview Sunday that he carries a gun "sometimes," and that "I feel much better being armed."


And finally...

10 most curious corporate excuses—ever


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