Friday, 28 August 2015 03:44

World News Desk 08-27-2015

From Rice Farmer:

## Global Ponzi meltdown/House of Cards ##
Unidentified Investors Lend Belgium €50 Million, for 100 Years, With Flexible Conditions, at 2.5% Interest

“Hot Money” Flees Latin America, Triggers Currency Bloodbath, Risk of Mega Debt Crisis

How The World's Biggest Oil Exporters Are Suffering From $40-A-Barrel Crude Oil

Saudi Arabia hangs on with cheap oil—but for how long?

Saudi Arabia ‘could cut billions’ from budget amid plunging oil prices – report

China Meltdown Leaves Global Carmakers Burned

Breaking BRICs: China’s $5 Trillion Stock Crash Exceeds Combined Market Cap Of Brazil, Russia, India And South Africa

Who Will Be the Bagholders This Time Around?
Anyone betting China's GDP is really expanding at 7% and the U.S. economy will grow by 3.7% next quarter is angling to be a bagholder.

War on Cash: The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”

Caterpillar Inc plans to cut 475 more jobs amid revenue decline

Russia Refuses To Participate In Ukraine Debt Restructuring

More Dubai real estate agents to close, merge, brokers warn

Bubbles Don’t Correct, They BURST!

More than half of students chasing dying careers, report warns (Australia)

Auto-Sharing: Bad News for Carmakers?

August Car Sales Expected to Fall, Toyota in Trouble

New Vehicle Sales Collapse in Canada’s Oil Patch


## Airline death spiral ##
Asiana to remove nearly all its first-class seats
Asiana Airlines Inc., South Korea's No. 2 flag carrier, said Wednesday it plans to eliminate almost all its first-class seats from its international flights as part of an effort to cut losses.

Chinese Whispers – Are The Legacy Carriers In Trouble Again?

Airline pilots describe their near-disasters on Reddit, and their passengers had no idea

Airbus to delay delivery of first A380 to Russia's Transaero

Out-of-Control Takeoff Try by Allegiant Jet Spurs FAA Probe

Republic’s Future in Doubt After Pilots Nix Vote on Contract

Europe faces up to flight safety threat posed by drones

Airline braces for millions in loss

AirAsia sees higher losses in India in second quarter

Big Brother Idiocy – TSA Spent $160 Million on Naked Body Scanners that Fail 96% of the Time


## Fault lines/flashpoints/powder kegs/military/war drums ##
Distraught Colombians flee Venezuela as border dispute intensifies

New Russian Sukhoi PAK Missile For Fifth Generation Stealth Fighters To Exceed Mach 3.5
Russia will equip its fifth generation Sukhoi T-50 stealth fighter with missiles that can travel at Mach 3.5 speeds, roughly around 2,302 miles per hour. The newly designed X-58USHK missile, which will be fitted to the T-50 when it enters service in 2016, is one of the fastest combat weapons ever produced and is being viewed as a future top selling defense item owing to its speed, characteristics and small size.

Spokesman: US, Philippines Hold Talks On Boosting Military Capacity

NATO Paratroopers Mount Exercise In Germany

U.S. plans more Asia-Pacific drills to counter China reclamation

As Western Sanctions Cripple Russia, Egypt's Sisi Considers Using Ruble For Tourism

Ukraine Military Conscription Goal Of 25,000 Soldiers Not Met, More Waves Of Army Draft Expected

Report: Pakistan’s nuclear arsenal could become the world’s third-biggest

No sanctions? -- RF


## Migrants/refugees ##
Merkel, heckled on visit to refugees, says no to xenophobia

Hungarian police fire tear gas at migrants near border with Serbia

Hungary braces for thousands more refugees as record numbers cross the border with Serbia

Bodies of 50 migrants found in hull of boat rescued off Libyan coast

Discovery of up to 50 bodies in truck highlights European migrant crisis

Desperate migrants find holes in Hungary's razor-wire fence strategy

Most seeking asylum in Europe are refugees, not mere migrants

Europe Migrant Death Toll Update: Breaking Down the Numbers Of The European Border Crisis


## Global unrest/mob rule/angry people/torches and pitchforks ##
China, Worried About Unrest, Censors News on Monday’s Stock Market Crash

China Slowdown: Workers Strike, Protest, Leave Chinese Cities Because Of Economic Crisis

Tibetan Self-Immolations Just One Sign of Tensions

Youth Revolts Are Back: Lebanon, Iraq Shaken by Demand for Services, End to Corruption

India just turned off mobile internet for 63 million citizens amid protests in Ahmedabad

Students launch hunger strike to protest security bills (Japan)

## Energy/resources ##
Wind EROI range and payback time (also solar, NG, geothermal, hydro, coal)

Iran’s Oil Investments Shrink to `Almost Nothing’ on Crude Slump

U.S. natural gas production waning
Federal report finds only one of seven shale basins expected to post gains.

The Real Long Term Threat To The Oil & Gas Industry
As oil prices continue their downward slide, most investors and firms are understandably eyeing prices, revenues, and exploration costs nervously. All that makes sense, as there is a good chance some oil firms will face liquidity crunches and restructuring over the next year. In the longer term though, there is another specter that could be equally damaging to O&G firms – a shortage of skilled labor.

Oil Industry Needs to Find Half a Trillion Dollars to Survive
At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it.

Schlumberger buying Cameron International in $12.71B deal

Thirsty Middle East faces worsening water stress - researchers

Conflict Over Water In Central Asia

Africa must harvest rains to feed growing population - experts

Latin America water security depends on curbing use by agriculture - experts

Ukraine's stockpiling of winter gas slower than last year -PM

Hamburg nuclear plant on road to demolition

Oilfield Giant Schlumberger Buying Houston-based Cameron for $14.8B

Rossi's E-cat: the slow death of a meme

Pummeled Chinese oil giants pressured to curtail investments

Oil price: industry braced for 'wave' of North Sea asset sales

Ecuador's president says country now producing oil at a loss

Russia announces second floating nuclear plant as new problems plague its first

Global Energy Deals Now Surpass Dawn of Oil 'Supermajors' Era

## Got food? ##
Haiti drought cuts harvests, lifts prices, food crisis looms-WFP

Monsanto Decides to Drop Syngenta Buyout Deal

Bimbo Bakeries recalls bread sold in 11 states for glass

Your ground beef contains… what?!

## Environment/health ##
Sewage spill caused by rain flows into Honolulu's Waikiki Beach

Wars improve air quality in the Middle East (video)
A combination of armed conflict, political upheaval and economic restrictions has unexpectedly decreased air pollution in the Middle East since 2010.

'Significant Design Vulnerabilities' Plague Massive Nuclear Waste Site, Leaked Internal Review Reveals

On warmer Earth, most of Arctic may remove, not add, methane

CDC to doctors: Keep an eye out for plague

What if your naked eye could see wifi signals?

Global sea levels climbed 3 inches since 1992, NASA research shows

EU watchdog says pesticides harmful to bees, industry disagrees

New Study Reveals Yet More Risks to Bees from Controversial Pesticides

Bee battles: why our native pollinators are losing the war

How cities can beat the heat
Rising temperatures are threatening urban areas, but efforts to cool them may not work as planned.

In Appalachia, the Coal Industry Is in Collapse, but the Mountains Aren’t Coming Back

Report: Carbon Credits Under Kyoto Protocol Actually Increased Emissions

Too Warm, Too Few Fish: Health Warning for World’s Oceans

## Intelligence/security/internet/cyberwar ##
Malaysia To Introduce RFID Tracking For Every Vehicle

What If The "Crash" Is as Rigged as Everything Else?
Take your pick--here's three good reasons to engineer a "crash" that benefits the few at the expense of the many.

North Dakota Becomes First State to Legalize Drones Weaponized with Tasers, Tear Gas, Rubber Bullets & Sound Canons

25 New Data Breaches Recorded Last Week

Windows 10 Reserves The Right To Block Pirated Games And 'Unauthorized' Hardware

Iranian Military Hackers Launched Google Phishing Campaign Against US, Middle East Activists: Researchers

As Obama's War in Iraq and Syria Rumbles On, Are Intel Books Getting Cooked?
Reports from inside the intelligence community indicate that what military assessments find and what the public is being told may be two very different things

How grapefruit juice helps pols reach the right voters

AP Sues FBI Over Impersonating An AP Reporter With A Fake AP Story

City of San Jose Looking To Attach Automatic License Plate Readers To Garbage Trucks

## Systemic breakdown/collapse/unsustainability ##

Excellent: Deflationary Collapse Ahead?

Economic and Social Tipping Points: Have We Arrived?

86 percent of South Korean students suffer from schoolwork stress

13,000 become homeless every month in Los Angeles County, study says

## Japan ##
Is it ‘Sayonara’ to Russia-Japan reset?

Japan Lawyers Join Opposition To Controversial Security Bills

Japanese Second Izumo-Class Helicopter Carrier To Be Launched By August End

Japanese coast guard aims to protect territorial waters from Chinese

SDF may protect U.S. ships without Japanese passenger

JR to start maglev construction

Waste of money. It'll never be finished. -- RF

Government mulls new subsidies for communities near decommissioned nuclear reactors

JR East suffers another cable fire, this time halting Yamanote Line service

Ministry requests ¥36.6 billion to deal with child poverty

## China ##
China’s central bank is fighting against the waves of cash flowing out of the country

China Cracks Down On Underground Banks That Funnel Billions Of Dollars Out Of The Country

China probing brokers, regulators for possible stock crimes

1000s Of Political Figures Are Stashing Cash In Swiss Accounts, Foreign Ministry Admits

China Stunner: Real GDP Is Now A Negative -1.1%, Evercore ISI Calculates

Profits At Two Chinese Oil Majors Slump On Low Crude Price

As Chinese Manufacturing Growth Cools Off, Worker Protest Mounts

China Crisis: China GDP Numbers Don’t Add Up, And That's A Problem For Anyone Doing Business There

China’s Toxic Waste Pits——Soaring ‘Putable’ Bonds And 8,000 Debt Guarantee Firms

China denies rushing forces to border during Korean tensions

What China's Treasury Liquidation Means: $1 Trillion QE In Reverse

## UK ##
More than 40 streets in Buckley may have lights turned out

Foreign worker numbers soar as Romanians registering in Britain triple in just one year

27,000 uninsured cars seized by police this year

Sheep rustling: Police are studying ancient methods of identification to help beat the thieves

You might think rustling is something consigned to old episodes of Bonanza on daytime satellite TV, but around 80,000 head of sheep get pinched every year in the UK from our hard-pressed farmers.

Shock as ministers end solar farm gold rush by slashing energy subsidies by 87 per cent

Council use of bailiffs to chase debts jumps 16% in two years, charity reports


## US ##
Americans’ Economic Outlook Plunges: Rosy scenario gets tangled up in reality.

Facebook Censors Feminist Author Due to “Profane” Book Title

Rutgers University Warns Students – “There is No Such Thing as Free Speech”

There Aren’t Enough Firefighters to Stop America’s West From Burning

China Slowdown Comes To The Midwest: Anxiety Grips A US Steel Town, As Industry Suffers And Union Faces Off With Management

Police Brutality Statistics: Law Enforcement Departments Receive Failing Grades In Twitter-Based Report Card

In privacy move, California lawmakers vote to restrict drones flying up to 350 feet high

Managers Use Drones To Track Employees' Progress

Margin Calls Emerge as Loans Against Stock Portfolios Used to Buy Homes, Boats and “Pretty Much Everything”

Another Ticking Time Bomb——-Wall Street Loans Collateralized By Stocks & Bonds

Why Miami is mostly unprotected from hurricanes

Saudi King Salman to meet Obama at White House on September 4

Kansas City Region Activity Remains in Deep Contraction

GDP by Other Measures; Will the "Real" GDP Please Stand Up?


## The Candidates ##

Donald Trump Mocks Asians With Broken-English Accent During Campaign Rally In Iowa

Trump dumps insults on questioners, insists on control

Sanders’s Screwy Mideast Strategy
Out of fear of offending the power centers of Official Washington, Democrats won’t or can’t formulate a coherent foreign policy. Even Sen. Bernie Sanders says the solution to Mideast chaos is more Saudi intervention when Saudi intervention in support of Sunni extremists is the heart of the problem.

What’s Hillary Hiding——Try Two Secret Wars And Much More

Scott Walker is sounding like Donald Trump

Why Biden Would Be a TERRIBLE President

Political Operatives Abandon Koch Network For Donald Trump

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