Friday 12 December 2014

Headlines - 12/11/2014

Anyone with basic Excel skills can calculate the cumulative impoverishment caused by central banks' "modest" 2% annual inflation.

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

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Energy/resources ##
Dutch oilfield services firm SBM Offshore announced Thursday that it will cut 1,200 positions out of the 10,500 people it employs worldwide by the end of 2015 as it seeks to reduce costs in a tough market environment.
It turns out that making electricity from the ocean is tougher and more expensive than people thought. Offshore generators—which include submersible turbines powered by tides and buoy-like devices that bob on the surface to capture the kinetic energy of waves—have to withstand “an incredibly harsh environment” of salt water, storms, and powerful currents... Specially designed ships are needed to install and maintain the equipment. All this drives up costs to as much as four times the cost of generating electricity from coal.

## Infrastructure scavenging ##

## Got food? ##

## Environment/health ##

## Intelligence/propaganda/security/internet/cyberwar ##
In a decision that will reverberate around the globe, Google announced Thursday it will close Google News in Spain and block reports from Spanish publishers from more than 70 Google News international editions due to a new Spanish law requiring aggregators to pay to link content.
The mainstream U.S. news media’s narrow parameters, especially on foreign policy issues, give the American people little opportunity to engage in meaningful debate or to influence outcomes. Typically, public perceptions are managed and consensus is manufactured.

## Systemic breakdown/collapse/unsustainability ##

## Japan ##
Anti-dumping measures, bolstered quality controls and the advances of Chinese manufacturers are creating a tough climate for Japanese steelmakers.
Nissin Frozen Foods Co. said Wednesday it will recall about 750,000 packs of frozen pasta products after some were found to contain parts of insects believed to be cockroaches.
Pinning hopes on such junk energy shows how desperate the situation is. -- RF

## China ##

## UK ##
Government report shows food prices rising, while consumers trade down to cheaper brands to save money

## US ##
With a warm-up predicted for coming days, bitter cold may be a memory, but experts say propane and wood for heating and coal for generating electricity could be in short supply if this winter begins to look like last winter.

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