Posts
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Global Ponzi meltdown/House of Cards ##
Cut,
baby, cut! -- RF
The
fate facing Augustus' monuments contrasts with his glittering rule
over the burgeoning Roman empire, which expanded into
Africa, Germany and Spain during his 41 year reign.
##
Airline Death Spiral ##
Struggling
with rising fuel prices and lackluster passenger traffic, South
Korea’s airlines have a major obstacle that prevents them
from cutting costs: Too many no-fly zones over the domestic
skies.
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Fault lines/flashpoints/powder kegs/military/war drums ##
Ukrainian
rebels are receiving new armoured vehicles and fighters trained
in Russia, with which they plan to launch a
major counter-offensive against government forces, a separatist
leader said in a video released on Saturday.
##
Global unrest/mob rule/angry people/torches and pitchforks ##
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Energy/resources ##
Some
of the world’s costliest energy projects are in Alberta’s
oil sands and some could be cancelled without higher oil
prices, according to a new report by a London-based financial
think-tank that focuses on climate risk.
Drillers
have more work than they can handle, as water tables fall and
experts warn of long-term consequences.
Nuclear
renaissance: Delays
for SC nuclear plant further pressure industry; questions
over potential delays in Ga.Expensive
delays are piling up for the companies building new nuclear
power plants, raising fresh questions about whether they
can control the construction costs that crippled the industry
years ago.
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Infrastructure scavenging ##
##
Got food? ##
Mussel
growers in western France have called for emergency state aid as
they face an “unprecedented” squeeze following a 90-per-cent
plunge in production of the shellfish blamed on bad weather and
pollution.
##
Environment/health ##
Liberian
officials fear Ebola could soon spread through the capital's largest
slum after residents raided a quarantine center for suspected
patients and took items including bloody sheets and mattresses.
Shorewood,
Minnesota has become the first city in the state, and the third
city in the nation to pass a bee friendly policy. The city
council unanimously approved a “bee-safe” resolution that
encourages planting bee-friendly flowers and restricts the
bee-killing pesticides, neonicotinoids. The city has already
begun planting clover, which will provide nectar and pollen
forage for bees in city parks.
More than
1,100 laboratory incidents involving potential bioterror
germs were reported to federal regulators during 2008
through 2012, reports show. Details of what happened are
cloaked in secrecy.
##
Intelligence/propaganda/security/internet/cyberwar ##
Australian
foreign minister's phone hacked by unnamed country during
stand-off with Russia over MH17
##
Systemic breakdown/collapse/unsustainability ##
More
than eight months after an extreme winter began snarling North
American rail traffic, a Reuters analysis of industry data
shows delays lingering, raising the risk of a second winter of chaos
on the rails.
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Japan ##
##
China ##
Chinese
banks’ loan-loss reserves fell to the lowest level against
soured debt in three years, signaling a looming drag on profits
from the need to set aside more money as delinquencies rise.
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UK ##
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US ##
Fed reports
$101 billion in new auto loans between April and June with a
sizable portion being in the form of subprime debt.
At
last, something sensible. -- RF
And
finally...
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