Global headlines -0 14 July, 2020
News Links, July 14, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
U.S. Budget Deficit Explodes in June: 100 Times Greater Than Last June
Market Report: Decade highs for gold
Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report
## War on cash/cashless society/cryptocurrencies ##
Bank of England Considering Creating a Digital Currency
## Airline death spiral ##
Southwest sounds alarm on jobs in ‘very bad environment,’ American preparing furlough warnings
Morocco plans $624 mln aid package for RAM airlines
## Fault lines/flashpoints/powder kegs/military/war drums ##
China is stepping into global leadership vacuum as U.S. struggles with coronavirus, says Kevin Rudd
US Warns Iran and China Against Major Investment and Security Deal
U.S. hardens stance against China’s South China Sea resource claims
Fire still burning aboard Bonhomme Richard at San Diego Naval Base
The Bonhomme Richard fire deals a blow to the Navy’s designs in the Indo-Pacific
Why would the Navy buy more ships when it is incapable of competently managing what it has?
New nuclear warhead funding would be blocked by House appropriators
## Migrants/refugees ##
UK and France launch joint intelligence unit to crack down on Channel migrant traffickers
## Global unrest/mob rule/angry people/torches and pitchforks ##
Bulgarian anti-graft protests want Borissov’s government out
Sudan declares emergency in Darfur region after violence
## Energy/resources ##
U.S. shale oil output to drop to two-year low of 7.5 million bpd in August: EIA
U.S. Swaps Venezuelan Fuel Oil For Russian Products
The Wave Of Big Oil Write-Downs Is Far From Over
Shale CEO: U.S. Has Passed Peak Oil
## Environment/health ##
Northern Fish Are Tough, but No Match for Climate Change
Amazon deforestation increases 25 percent in Brazil
Deadly under-the-radar heatwaves ravaging Africa
Trade benefits developed countries environmentally, but hurts developing countries
• Coronavirus
WHO sounds alarm as coronavirus cases rise by one million in five days
Moscow attributes 3,408 deaths to coronavirus in June
Covid-19 – New Quick Tests Are Coming, Cootiestan, A Lack Of Lockdown Death
Trump’s ex-chief of staff Mick Mulvaney says U.S. has ‘inexcusable’ problems with COVID-19 testing
## Intelligence/security/internet/cyberwar ##
Hacking attacks on hospitals for patient data increase during coronavirus pandemic
How Do We Change the Leadership of our Quasi-Sovereign Big Tech Neofeudal Nobility?
You better bow low and pay up, peasant, or your voice in the digital world will disappear just as quickly as your democracy’s control over Big Tech.
## Propaganda/censorship/fake news/alternative facts ##
U.N. expert accuses White House of ‘onslaught’ against media
The U.N. special rapporteur on freedom of expression on Monday accused the White House of mounting an “onslaught” against the media and referred to a negative “Trump effect” on global press freedom.
## Systemic breakdown/collapse/unsustainability ##
The Ten Best Long-Term Predictions in History
## Japan ##
Japan may still build Aegis Ashore despite reports of cancellation
Japanese government considering Tokyo area business suspension requests
COVID-19 drains reserve funds of 42 prefectures in Japan by 58%
## China ##
Most U.S. firms in Hong Kong are concerned about new security law — but few plan to leave, survey shows
Here’s why the Trump administration’s threat to hurt Hong Kong’s dollar peg won’t work
Hong Kong’s annual book fair postponed at last minute amid Covid-19 resurgence
China hits back, sanctioning US officials in response to Xinjiang ban
## UK ##
BT boss warns of outages and security risks if UK ditches Huawei
Shoppers shun high streets in England and Northern Ireland, data shows
Almost 2,500 children admitted to hospital with malnutrition this year as cases double in England
British army to cut armored vehicles acquired for war in Afghanistan
## US ##
Amid pandemic, wealthy U.S. families approved for government loans
Coronavirus updates: California closing all bars, indoor restaurants statewide
‘Dangerous,’ record-breaking heat scorches southern USA
Will the remote work craze sparked by COVID-19 sound a death knell for office buildings?
The 9-5 day is ‘out of the question’: Here’s what going back to work in an office will be like
Trump floated idea of selling Puerto Rico after Hurricane Maria, says ex-Homeland Security head Duke
The “Too Big To Fail” Banks Are Getting Ready For Their Worst Quarter Since The Financial Crisis
Looming evictions may soon make 28 million homeless in U.S., expert says
News Links, July 13, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
“Wild Ride to Nowhere”: APPL, MSFT, AMZN, GOOG, FB Soar to New High. Rest of Stock Market is a Dud, Has Been for Years
Global public debt, fiscal deficits to reach all-time high, IMF warns
Unpredicted bullish sentiment driving gold prices
What Happens If Most Businesses & Consumers Tighten Their Belts at the Same Time?
## War on cash/cashless society/cryptocurrencies ##
Bank of Japan to Conduct Proof of Concept for Its Digital Yen
Bitcoin Is Going to Hit $100,000 and Will Destroy Anyone Who Gets in Its Way: Max Keiser
## Airline death spiral ##
Emirates set to cut 9,000 jobs, citing pandemic
Qantas is creating an army of zombie pilots
The TSA Reports Over 1,000 Officers Have Been Diagnosed With Coronavirus
ANA scales back new hires for FY21
Touchless: How the world’s busiest airport envisions post-COVID travel
American Airlines is in Deep Financial Stress
## Fault lines/flashpoints/powder kegs/military/war drums ##
How the House Armed Services Committee Approved a Huge Military Budget and More War in Afghanistan
World reacts to Turkey reconverting Hagia Sophia into a mosque
New Delhi still hesitates to take side in China-US rivalry despite deadly border clash
Fears of becoming a subordinate ally to the United States have so far kept India from fully embracing the US’ Indo-Pacific strategy
Russian Defense Ministry reports interception of U.S. spy plane
Trump Is Trying to Hide US & Israeli War Crimes by Attacking the International Criminal Court
Amphibious assault ship ablaze in port in San Diego
## Migrants/refugees ##
Migrant rescues in Arizona desert exceed 2019 total despite COVID-19 pandemic
Migrants rescued after boat capsizes in Channel
In India, Climate Change is Increasing Refugees & Human Trafficking
## Global unrest/mob rule/angry people/torches and pitchforks ##
Protest chaos continues over Serbian leader
Thousands protest in France over minister investigated for rape
Israelis protest against government response to coronavirus
Russians in Far East region protest arrest of regional governor
## Energy/resources ##
‘The worst-case scenario’: Regulators, watchdogs fear plan to dismantle damaged TMI nuclear reactor
Far out power #2: Soap, Raindrops, Hyperloops, and Fitness Centers
That such power sources are even considered is a sign of desperation. — RF
## Environment/health ##
By 2025, carbon dioxide levels in Earth’s atmosphere will be higher than at any time in the last 3.3 million years
Relentless heat wave to bake the U.S. for “multiple weeks”
Tiger, pangolin farming in Myanmar risks ‘boosting demand’
Only 400 right whales are left in existence, and fewer than 250 of them are mature, leading the IUCN to drop its “endangered” classification for the whale and add it to its “critically endangered” Red List.
• Coronavirus
Panama hospitals on verge of collapse as virus cases surge
Brazil sees over 1,000 new coronavirus deaths, cases top 1.8 million
‘I thought this was a hoax’: Patient, 30, dies after attending ‘COVID party,’ doctor says
Florida sets one-day record with over 15,000 new COVID cases, more than most countries
Mexico set to surpass Italy’s coronavirus tally as death toll nears 35,000
Hong Kong expert warns each infected person can now spread Covid-19 to four people
Professor Gabriel Leung, dean of HKU medical school, says a strain of the virus has increased its infection rate by 30 per cent due to a DNA mutation
## Intelligence/security/internet/cyberwar ##
A Timeline of Russia’s Crackdown Since the Constitutional Reform Vote
Private Prison Simulation Game Goes Viral on Apple App Store
With over two million people locked up across a sprawling network of private and public prisons, the US has by far the highest incarceration rate in the world, significantly worse than brutal dictatorships in Africa, Latin America or Central Asia.
Small ISPs Being Forced To Eat The Costs Of FCC’s Huawei Ban
“I Could Live With That”: How the CIA Made Afghanistan Safe for the Opium Trade
Iran blames bad communication, missile battery alignment for January shootdown of Ukrainian plane
Mexico State Oil Company Files $22 Billion Debt Swap amid IMF Threats and White House Visit
Mexico’s economy is put in the crosshairs by the IMF as the “new NAFTA” takes effect and AMLO is forced to make concessions to avoid an even deeper recession.
## Propaganda/censorship/fake news/alternative facts ##
Decode China: US backs Chinese-language news site in Australia as battle of the narratives heats up
## Systemic breakdown/collapse/unsustainability ##
The Sinking Titanic’s Great Pumps Finally Fail
A Serious Message From Chris Martenson
## Japan ##
Could digital yen deflate Japan’s deflation?
Profits plunge at Japan’s convenience stores
ANA skips hiring for next spring as cloudy skies continue
Tokyo reports 206 new COVID-19 cases, topping 200 for four straight days for first time ever
## China ##
U.S. Sanctions Top Chinese Officials Over Xinjiang Abuses
Hong Kong opposition kicks off primary elections under shadow of security law
China’s CanSino in talks for COVID-19 vaccine Phase III trial overseas
China’s southern Jiangxi province declares highest flood alert
Chinese banks must brace for surge in bad loans, regulator says
## UK ##
UK Economy In Steep Decline: Is It Becoming An Emerging Market?
Police apologise for telling woman her ‘F**k Boris’ T-shirt was illegal
More than 70 workers test positive for COVID-19 on an English farm
Britain to invest $50 million in small nuclear reactor projects
## US ##
US Households See Long Recovery Ahead From Income Losses
Georgia governor reopens coronavirus field hospital at Atlanta convention center
‘Opioid overdoses are skyrocketing’: as Covid-19 sweeps across US an old epidemic returns
U.S. sets record for new COVID cases third day in a row at over 69,000
6 shot, 2 stabbed, in Rochester, N.Y.’s second weekend of violence
2 police officers shot and killed in McAllen, Texas
Trump Throws in the Towel on Phase 2 Deal With China
Market heads into worst earnings season in 12 years amid worries virus is slowing recovery
Catholic Church lobbied for taxpayer funds, got $1.4B
Trump, Convicted of University Fraud, wants to Defund the Universities to Stop People Thinking
This city is giving residents $500 per month. Some hope it can become a national plan
A Surge in Small Business Bankruptcies is Underway
The Jobs Won’t Come Back In August