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Fatster’s Roundup

Greenland melts

Greetings.

International Developments

? “Internet Access Cut Off in Syria“.

? “Russia, U.S. call for Syria conference with both sides” for this month.

? “Syrian Rebels Seize 4 U.N. Peacekeepers” who were patrolling the Golan Heights.

? “Israel tries to tamp down Syrian anger after killing dozens of its elite soldiers (+video).”

? “No universally applied principle justifies the Israeli attack on Damascus.  Only self-flattering tribalism does that.”

? “Nigerian Islamist [Boko Haram] raid in northeast [Nigerian] town kills 55″.

? According to US officials, North Korea has moved its missiles–“away from launch site”.

? “Beijing is engaged in systematic cyber spying on the US military and private businesses . . . according to the Pentagon.”  Update:  China says the charge is “hype“.

? “UK Prime Minister David Cameron says Somalia has made ‘huge progress’ in efforts to end more than two decades of conflict”.

International Finance

? Bangladesh garment factory collapse toll now at 700–“the worst ever in the garment sector, surpassing New York’s Triangle Shirtwaist factory fire.”

? “Austerity: The History of a Pernicious Idea“.  Austerity kills, so why are we living it?

? Slovenia is trying to figure out a way to avoid an EU bailout.  Guess what they’re considering?  Selling off their assets.  Austerity: they’ve gotcha every which way.

? Adidas “is encouraging workers in factories of some of its Asian suppliers to anonymously share possible grievances directly with the company via text message.”

? Brazilian Roberto Azevedo is now head of the World Trade Organization.

Money Matters USA

? “5,000 Children’s Products Contain Toxic or Dangerous Ingredients”.

? Robert Scheer: “in the midst of the continuing cycle of misery brought on by the chicanery of the financial community[,] two key Cabinet positions dealing with business practices will likely be occupied by people [Penny Pritzker and Jack Lew] who specialized in those financial rip-offs.”

? NY Attorney General Eric Schneiderman plans to sue Bank of America and Wells Fargo “for violating the terms of a settlement designed to end mortgage servicing abuses.” Bur can he actually do that? Meanwhile, illegal foreclosures continue “on thousands [because] the housing settlement allows it.”

? There is no “churn” in the labor market–people are not quitting their jobs because they have no confidence they can find better ones. [cont’d.]

Photo by Rick Marcus under Creative Commons license

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Dan Wright

Dan Wright

Daniel Wright is a longtime blogger and currently writes for Shadowproof. He lives in New Jersey, by choice.