Monday 24 August 2015

Headlines - 08/24/2015

As the global financial meltdown is back with us in earnest I shall be paying more attention to the wonderful work by Rice Farmer


Winners (well the six stocks that gained) and losers in the ASX 200 today.



Shipping Blues: World Trade Price per Unit And Baltic Dry Shipping Price Index Slump

Gulf Markets Melting Down: Saudi Arabia Plunges 7%, Dubai Sold




It ain't over till the fat lady sings "Dow 5,000



." -- RF



Commodity Rout Erases $2 Trillion From Stock Values

Germans begin the looting of Greece

Fear the Strength of the US Dollar — Brazil's USD-denominated bonds

How Much Longer Can Saudi Arabia's Economy Hold Out Against Cheap Oil?

Plunge Protection Teams of the World, Unite!


The herd must be turned away from selling by any means available, and at this point, that means coordinated buying by all the world's Plunge Protection Teams.


The Chilling Thing Smartphone Sales Said about China Debacle

Vanishing Act: U.S. banks moved billions of dollars in trades beyond Washington’s reach

Apple enters bear territory; tech stocks crushed

Microsoft confirms Finnish phone site closure and job cuts

Deere Cuts Profit Forecast as Commodities Decline

Deere Rocked By Bursting Of U.S. Farmland Bubble: Sales Miss, Profit Tumbles, Forecast Cut

Producer prices in Asia are sinking, and fast

Three EM’s Crumbling—– Brazil, Turkey And Malaysia

Faber warns of global gloom as China’s economy sputters

Chanos Says China Economic Slowdown “Worse Than You Think”

Don't Worry, IMF Says "Premature" to Speak of Chinese Crisis

South African stocks take biggest weekly fall in nearly a year

Junior miners jump into medical marijuana, food service amid slump

Many of the world's junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shifting away from exploration.


## Airline death spiral ##

FAA records detail hundreds of close calls between airplanes and drones


Budget airline Ryanair could face millions of late flight claims after court ruling

Korean Air and Asiana Airlines Suffer Credit Rating Cuts

Airfares set to rise next year despite lower oil prices

With artificial intelligence, researcher aims to make planes 'uncrashable'

Foreign pilots to get licences faster as India faces a shortage of commanders


## Fault lines/flashpoints/powder kegs/military/war drums ##

China's land reclamation in South China Sea grows: Pentagon report

Peru To Begin Shooting Down Cocaine Trafficking Planes

U.S. confirms Islamic State use of chemical weapons

Islamic State Kills Dozens of Iraqi Troops, Official Says

Brazil has 2 kinds of problems, and they're both bad

America's increasing proto-ISIS behavior

Turkey, US Aim To Broaden Campaign Against ISIS

Denmark Foreign Minister Kristian Jensen To 'Reopen' Ties With Russia

Report: Turkey Erects Concrete Wall Along Border With Syria

India-Pakistan Relations: Pakistan Cancels High Profile Security Meeting With India Amid Falling Out

E. European Countries Eye Drone Acquisitions, Operations

Netanyahu pressed for Iran attacks, but was denied: ex-defense chief

IDF Document Makes No Mention of Iranian Nuke Threat

Iran Nuclear Deal: Senate Minority Leader Harry Reid Says He’ll Do 'Everything In My Power' To Ensure White House Deal Stands

Venezuela declares martial law after smugglers attack Colombia border region

Iran shoots down suspected spy drone near Iraq border

Israeli security force fears Jewish activists could launch terror strikes

Piracy 2.0 : The net-Centric evolution



With tear gas and razor wire, Macedonia tries to stem refugee tide

Migrants crisis: Up to 3,000 people being rescued near Libya coast


Hundreds of Macedonia refugees rip through police barriers, cross border

Refugee Chaos in Macedonia: 'Life-Threateningly Dangerous for Women and Children'

Thousands of migrants head closer to EU from Macedonia

4,400 migrants rescued in the Mediterranean in a single day, say Italian Coast Guard



Dresden riots: Protesters in Germany attack refugee buses shouting 'foreigners out'

As the migrant/refugee crisis worsens, it will increasingly spark such unrest. This will be one of many causes that destabilize governments around the world. -- RF 


Thousands of Guatemalans waved flags, chanted and demanded that President Otto Perez resign, in a graft scandal that has already seen his vice president step down.


## Energy/resources ##

Saudis Could Face An Open Revolt At Next OPEC Meeting


In downturn, frackers turn to toilet water in drought-prone Texas

Low Oil Prices: Assessing The Damage So Far In 2015

This Week In Energy: A Dangerous Global Trend Emerging

1st US tar sands mine set to open for business in Utah

Oil ends down more than 2 percent as U.S. drilling points to glut

Statoil's Polarled pipeline becomes first to cross Arctic Circle

Australian energy company Santos posts heavy losses

Gazprom Neft taps second well in arctic waters

China, Russia and India Mull Joint Exploration of Arctic Oil, Gas Reserves

Massive power outage plunges eastern suburbs in darkness for 90 minutes

 (Mumbai)


Oil Dives Below $40 Per Barrel After Rise in U.S. Oil Rigs

Pressure Mounts to Retire Older Fleet as Rig Oversupply Persists


With no signs of a turnaround in global rig demand, drilling contractors are under increasing pressure to retire older rigs. Operators worldwide have succumbed to the prolonged weakness in oil prices by curtailing drilling activities.

## Infrastructure scavenging ##


Wire thieves knock out radar for airport, weather service

Thieves strike 900-year-old St Albans church twice for metal

Foreign criminals flying into Ireland to steal ESB cables, beer kegs, road signs and goal posts

More than 100 brass vases stolen from Japan cemetery

## Got food? ##

Edible Insects and Taste Education

Rising cost of cropping

Calf crooks steal 6 baby cows from San Joaquin Co. farms

Cattle Rustling Revival Driven By Record High Beef Prices

Nigeria: Military to Tackle Cattle Rustling, Crimes

Report: Extreme weather could cause huge food shortages

Power shortages costing Zim agric sector $5m per month, government official

Huge Glut in European Dairy Cows and Milk Coming Up


## Lifestyle solutions ##
Village life in Spain decades ago


## Environment/health ##

Humans are now 'super predators,' and that's a problem, study says


New drug may protect against nuclear radiation effects


Should we be stocking up? -- RF


With many Ebola survivors ailing, doctors evaluate situation

Are jellyfish going to take over the oceans?


Like a karmic device come to punish our planetary transgressions, jellyfish thrive on the environmental chaos humans create. Is the age of the jellyfish upon us?


## Intelligence/security/internet/cyberwar ##


Chinese hackers may have turned sights on India, says new report

Experts: Deleted online information never actually goes away

UK Orders Google To 'Forget' News Articles Discussing Previous Right To Be Forgotten Requests

Five Reasons The U.S. Power Grid Is Overdue For A Cyber Catastrophe

Lightning wipes storage disks at Google data centre

A Guide to Chinese Intelligence Operations

## Propaganda ##
'

No Good Evidence' Russia Behind Shootdown of Malaysia Air Flight 17 in Ukraine, Says Longtime CIA Analyst Ray McGovern


Former IAEA Official: AP Doc on Iran a ‘Crude’ Forgery

The Associated Press track record on Iran is getting worse and worse. After Tuesday’s debacle with a litany of false claims from George Jahn, the AP attempted to save face Wednesday by publishing a transcript of the agreement between Iran and the IAEA on which the allegations were based.


## Systemic breakdown/collapse/unsustainability ##

Crumbling infrastructure: Even in the drought, America is leaking water

There are nearly a quarter-million water main breaks a year, according to the American Water Works Association. Two trillion gallons of drinkable water are lost annually due to a variety of reasons, including leaks, though that number is an educated guess. Nobody really knows for sure.

Most of those water mains will never be replaced. Urban infrastructure will just keep deteriorating, and ultimately big cities will become uninhabitable for the most part. -- RF


Welcome to “Dismaland” – Banksy’s Latest Exhibit Opens in England

Work already on new Hudson River tunnels has been costly

5 Oddball Skyscrapers Underway Around the Globe

Here’s why we don’t have flying cars yet

And these aren't the only hurdles. -- RF


Blighted Houses Still Mar New Orleans A Decade After Katrina

Russia's Space Program in Crisis After Decades of Brain Drain, Neglect



Japan Ministry of Defense to seek budget increase

Japan Protests Russian PM's Visit To Disputed Island

GSDF holds drill to retake remote island

Businesses want Abe to focus on economy, not military bills

Fully Automated Lettuce Factory to Open in Japan

3,234 Sharp employees apply for voluntary retirement program

Explosion rocks US Army facility in Japan; no injuries

A blast at a U.S. Army depot outside Tokyo sparked a fire that burned for hours early Monday and set off secondary explosions.

Government eyes tax incentives for seniors who move to countryside

This is an attempt to prop up the finances of rural communities, which have a high dependence on the pension payments made to local retirees. -- RF


Government eyes keeping Olympic stadium costs below ¥160 billion

Chinese shoppers keep Japan’s tills ringing

## China ##



Capital outflows from China have surged to $190bn over the last seven weeks, forcing the authorities to intervene on an unprecedented scale to defend the Chinese currency.

Cyanide in waters near China blast site 277 times acceptable level: government report

New Fires Break Out at China Explosion Site

Explosion Shakes Chinese Chemical Plant In Shandong Province

China Tests Its Most Dangerous Nuclear Weapon of All Time

PLA troops head to DPRK border as North-South tensions mount

China May Cut Banks’ Reserve-Requirement Ratios Again, And Soon: Report

China Said to Consider Policy Shift to Put Population Growth Before Economy

China On Track For a Record Year For Gold Bullion Withdrawals From the Shanghai Exchange

Chinese farmers in despair amid plunging stocks

Two Chinese shipping giants ready to merge


Ecology initiative to encourage more birds, bats and insects to central London

British Government Responds To Viral Online Petition That Requests The Arrest Of Israeli Prime Minister Benjamin Netanyahu

Rise in over-18s staying at home with foster families


## US ##

Rattled Foreign “Smart Money” Sees US Housing as Safe Haven, Pours into Trophy Cities, Pumps up Prices

The casino of Wall Street enters official correction territory


S&P 500 has increased on the back of a massively expanding Fed balance sheet.


Homeland Security racks up $30,000 Starbucks bill

U.S. home repossessions reach 30-month high

State of Emergency Declared as Wildfires Create 'Unprecedented Cataclysm' in Washington

The Drought Isn't Just a California Problem

Productivity In America Now On Par With Agrarian Slave Economy

Deez Nuts On Top Of Hillary Clinton

7 Million People Haven't Made A Single Student Loan Payment In At Least A Year

Police secretly track cellphones to solve routine crimes


## The Candidates ##

The Scott Walker Files

Clinton Emails Put Campaign on Defensive After Tough Week

How Many Candidates Have ‘Taken Advantage’ Of Birthright Citizenship, But Oppose It?

Clinton’s Claim Father Attended College On Football Scholarship Contradicted By University

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