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Category: MELTDOWN NEWS

Wall Street tumbles as reform hopes fade with Trump crisis

From Reuters News Agency:

By Sinead Carew

The S&P 500 and the Dow notched their biggest one-day fall since Sept. 9 as investor hopes for tax cuts and other pro-business policies faded after reports that U.S. President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street.

Former FBI chief James Comey said in a memo that Trump had asked him to end a probe into former National Security Adviser Michael Flynn’s ties with Russia, the reports said.

That was only the latest worry in a tumultuous week at the White House after Trump unexpectedly fired Comey and reportedly disclosed classified information to Russia’s foreign minister about a planned Islamic State operation.

The developments intensified doubts that Trump would be able to follow through on his promises for tax cuts, deregulation and fiscal stimulus. Those pledges had helped fuel a record-setting post-election rally on Wall Street.

Selling accelerated late in the afternoon of one of the busiest trading days in months and the three major indexes ended near session lows.

“We’ve seen the Trump agenda derailed and try to get back on track several times. It’s registering with more investors that its going to be hard to get back on track with the latest allegations,” Michael O’Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 12, 2017. REUTERS/Brendan McDermid

“Prior to the election investors expected Trump to represent uncertainty,” he said. “The market is now recognizing that some of the fears they had back in October are coming to fruition.”

Both the Dow and S&P 500 fell below their 50-day moving average for first time since late April. The S&P began the session 0.74 percent lower, the largest gap down since March 30, 2009, when it opened trading with a 0.84 percent drop.

The Dow Jones Industrial Average .DJI fell 372.82 points, or 1.78 percent, to 20,606.93, the S&P 500 .SPX lost 43.64 points, or 1.82 percent, to 2,357.03 and the Nasdaq Composite .IXIC dropped 158.63 points, or 2.57 percent, to 6,011.24.

The VIX .VIX, Wall Street’s “fear gauge”, shot up to 15.34, its highest level since April 18.

Nasdaq had its steepest one-day loss since June 24, after Britain voted to exit the European Union, as did S&P’s financial .SPSY and technology .SPLRCT sectors. The financial sector closed down 3 percent while the technology sector fell 2.8 percent.

The S&P bank sub-sector .SPXBK dropped 4 percent, led by a 5.9 percent decline in Bank of America (BAC.N) shares and a 3.8 percent loss for JPMorgan (JPM.N).

“The bull market is not over by any means, but between the political stuff and the fact that the next earnings season is three months away, there’s going to be a lack of motivation,” said Donald Selkin, chief market strategist at Newbridge Securities in New York.

Nine of the 11 major S&P 500 sectors fell with the only gain from utilities .SPLRCU and real estate .SPLRCR, defensive sectors with predictable if slow growth and high dividends.

Declining issues outnumbered advancing ones on the NYSE by a 3.92-to-1 ratio; on Nasdaq, a 5.64-to-1 ratio favored decliners.

The S&P 500 posted 11 new 52-week highs and 19 new lows; the Nasdaq Composite recorded 28 new highs and 93 new lows.

About 8.37 billion shares changed hands on U.S. exchanges in the busiest trading day since March 21, compared with the 6.9 billion-share average for the last 20 sessions.

(Additional reporting by Yashaswini Swamynathan in Bengaluru, Chuck Mikolajczak in New York, Noel Randewich in San Francisco; Editing by Saumyadeb Chakrabarty and Meredith Mazzilli)

https://www.reuters.com/article/us-usa-stocks-idUSKCN18D1E0

 

Fukushima: Japanese Government Guilty Of Destroying Pacific Ocean

News

Source:Neon Nettle

The Japanese Government has been ordered to pay tens of millions in compensation after it was found guilty of negligence causing the Fukushima nuclear disaster.Reports also claim that the ruling could also include other pacific nations like the US who could also be eligible for compensation from the Japanse government who have effectively poisoned the entire Pacific Ocean and damaged the world’s food chain beyond repair.YNW reports: The nuclear plant operator, Tokyo Electric Power Co. Holdings, was also found guilty of negligence that led to the disaster that nuclear experts say will likely continue affecting wildlife and humans for the next 250,000 years.

Friday’s stunning ruling by the Maebashi District Court was the first to recognize negligence by the state and Tepco. Previously the Japanese government and Tepco, a subsidiary of General Electric, had strongly denied any wrongdoing, arguing they were the victims of bad luck.The judge called the massive tsunami “predictable” and said the major nuclear disaster, which is responsible for 300 tons of radioactive water entering the Pacific Ocean every single day, could have been avoided.According to Japan Times: The district court ordered the two to pay damages totaling ¥38.55 million to 62 of 137 plaintiffs from 45 households located near the plant, which suffered a triple meltdown caused by the tsunami, awarding ¥70,000 to ¥3.5 million in compensation to each plaintiff.The plaintiffs had demanded the state and Tepco pay compensation of ¥11 million each — a total of about ¥1.5 billion — over the loss of local infrastructure and psychological stress they were subjected to after being forced to relocate to unfamiliar surroundings.Citing a government estimate released in July 2002, the court said in the ruling that “Tepco was capable of foreseeing several months after (the estimate) that a large tsunami posed a risk to the facility and could possibly flood its premises and damage safety equipment, such as the backup power generators.”It pointed out that the state should have ordered Tepco to take bolstered preventive measures, and criticized the utility for prioritizing costs over safety.Fukushima Radiation Has Contaminated The Entire Pacific OceanThe nuclear disaster has contaminated the world’s largest ocean in only five years and it’s still leaking 300 tons of radioactive waste every day.According to a True Activist report: Radioactive Debris from Fukushima approaching North America’s western coast. If that weren’t bad enough, Fukushima continues to leak an astounding 300 tons of radioactive waste into the Pacific Ocean every day. It will continue do so indefinitely as the source of the leak cannot be sealed as it is inaccessible to both humans and robots due to extremely high temperatures. It should come as no surprise, then, that Fukushima has contaminated the entire Pacific Ocean in just five years. This could easily be the worst environmental disaster in human history and it is almost never talked about by politicians, establishment scientists, or the news. It is interesting to note that TEPCO is a subsidiary partner with General Electric (also known as GE), one of the largest companies in the world, which has considerable control over numerous news corporations and politicians alike. Could this possibly explain the lack of news coverage Fukushima has received in the last five years? There is also evidence that GE knew about the poor condition of the Fukushima reactors for decades and did nothing. This led 1,400 Japanese citizens to sue GE for their role in the Fukushima nuclear disaster – and now have been found guilty.

Even if we can’t see the radiation itself, some parts of North America’s western coast have been feeling the effects for years. Not long after Fukushima, fish in Canada began bleeding from their gills, mouths, and eyeballs. This “disease” has been ignored by the government and has decimated native fish populations, including the North Pacific herring.Elsewhere in Western Canada, independent scientists have measured a 300% increase in the level of radiation. According to them, the amount of radiation in the Pacific Ocean is increasing every year. Why is this being ignored by the mainstream media? It might have something to do with the fact that the US and Canadian governments have banned their citizens from talking about Fukushima so “people don’t panic.”

Further south in Oregon, USA, starfish began losing legs and then disintegrating entirely when Fukushima radiation arrived there in 2013. Now, they are dying in record amounts, putting the entire oceanic ecosystem in that area at risk. However, government officials say Fukushima is not to blame even though radiation in Oregon tuna tripled after Fukushima. In 2014, radiation on California beaches increased by 500 percent. In response, government officials said that the radiation was coming from a mysterious “unknown” source and was nothing to worry about.However, Fukushima is having a bigger impact than just the West coast of North America. Scientists are now saying that the Pacific Ocean is already radioactive and is currently at least 5-10 times more radioactive than when the US government dropped numerous nuclear bombs in the Pacific during and after World War II. If we don’t start talking about Fukushima soon, we could all be in for a very unpleasant surprise.

http://countercurrentnews.com/2017/05/fukushima-japanese-government…

China Issues Unprecedented Warning To Citizens In North Korea: Return Home

China Issues Unprecedented Warning To Citizens In North Korea: Return Home

Tyler Durden's picture

In an unprecedented move, the Chinese Embassy in North Korea has advised Korean-Chinese residents to return home amid concern that the North’s military provocations may trigger a U.S. attack on the North.

The Korea Times reports that the embassy began sending the message on Apr. 20, five days before the North celebrated the 85th anniversary of the Korean People’s Army with a show of military power, according to Radio Free Asia (a U.S.-based station specializes in North Korea).

The station cited a Korean-Chinese living in the North’s capital, who said he left for China late last month after the embassy contacted him. He said he has been visiting China every two to three months but, after being told he should “stay in China for a while,” left North Korea a month early.

“The embassy has never given such a warning. I was worried and left the country in a hurry,” said the man, whose name was withheld.

But he said that most Korean-Chinese residents in Pyongyang were ignoring the message.

https://www.zerohedge.com/news/2017-05-02/

Take note that this story is doing the rounds of all the usual mainstream agencies if you wish to fact-check.

EMP Attacks and Solar Flares: It May Not Happen, But Preparedness Never Hurt.

 

With the North Korea situation, Operation Gotham, recent power outages and increased solar activity all on everyone’s mind right now, it doesn’t hurt to be prepared for the grid going down,even temporarily. This is not a cause for panic, just commonsense preparedness.

Total Chaos: Cyber Attack Fears As MULTIPLE CITIES HIT With Simultaneous Power Grid Failures: Shockwave Of Delays In San Francisco, Los Angeles, New York

Total Chaos: Cyber Attack Fears As MULTIPLE CITIES HIT With Simultaneous Power Grid Failures: Shockwave Of Delays In San Francisco, Los Angeles, New York

Mac Slavo
April 21st, 2017
SHTFplan.com

grid-down-city

The U.S. power grid appears to have been hit with multiple power outages affecting San Francisco, New York and Los Angeles.

Officials report that business, traffic and day-to-day life has come to a standstill in San Francisco, reportedly the worst hit of the three major cities currently experiencing outages.

Power companies in all three regions have yet to elaborate on the cause, though a fire at a substation was the original reason given by San Francisco officials.

A series of subsequent power outages in Los Angeles, San Francisco, and New York City left commuters stranded and traffic backed up on Friday morning. Although the outages occurred around the same time, there is as of yet no evidence that they were connected by anything more than coincidence.

The first outage occurred at around 7:20 a.m. in New York, when the power went down at the 7th Avenue and 53rd Street subway station, which sent a shockwave of significant delays out from the hub and into the rest of the subway system. By 11:30 a.m. the city’s MTA confirmed that generators were running again in the station, although the New York subways were set to run delayed into the afternoon.

Later in the morning, power outages were reported in Los Angeles International Airport, as well as in several other areas around the city.

Via : Inverse

The San Francisco Fire Department was responding to more than 100 calls for service in the Financial District and beyond, including 20 elevators with people stuck inside, but reported no immediate injuries. Everywhere, sirens blared as engines maneuvered along streets jammed with traffic.

Traffic lights were out at scores of intersections, and cars were backing up on downtown streets as drivers grew frustrated and honked at each other.

Via: SF Gate

The cause of the outage has not yet been made clear, though given the current geo-political climate it is not out of the question to suggest a cyber attack could be to blame. It has also been suggested that the current outages could be the result of a secretive nuclear/EMP drill by the federal government.

As we have previously reported, the entire national power grid has been mapped by adversaries of the United States and it is believed that sleep trojans or malware may exist within the computer systems that maintain the grid.

In a 2016 report it was noted that our entire way of life has been left vulnerable to saboteurs who could cause cascading blackouts across the United States for days or weeks at a time:

It isn’t just EMPs and natural disaster that poses a threat to the grid, but there is also the potential for attacks on individual power substations in the vast network of decentralized and largely unguarded power grid chain. A U.S. government study established that there would be “major, extended blackouts if more than three key substations were destroyed.”

Whether by criminals, looters, terrorists, gangs or pranksters, it would take very little to bring down the present system, and there is currently very little the system can do to protect against this wide open threat.

Whether the current outages are the result of a targeted infrastructure cyber attack or simply a coincidence, most Americans think the impossible can’t happen, as The Prepper’s Blueprint author Tess Pennington highlights, a grid-down scenario won’t just be a minor inconvenience if it goes on for more than a day or two:

Consider, for a moment, how drastically your life would change without the continuous flow of energy the grid delivers. While manageable during a short-term disaster, losing access to the following critical elements of our just-in-time society would wreak havoc on the system.

  • Challenges or shut downs of business commerce
  • Breakdown of our basic infrastructure: communications, mass transportation, supply chains
  • Inability to access money via atm machines
  • Payroll service interruptions
  • Interruptions in public facilities – schools, workplaces may close, and public gatherings.
  • Inability to have access to clean drinking water

Full report: When the Grid Goes Down, You Better Be Ready!

It is for this reason that we have long encouraged Americans to prepare for this potentially devastating scenario by considering emergency food reserves, clean water reserves and even home defense strategies in the event of a widespread outage.

The majority of Americans have about 3 days worth of food in their pantry.

Imagine for a moment what Day 4 might look like in any major city that goes dark.

This exclusive clip from American Blackout shows what an extended outage might look like:

Prepare for the worst, because this is one scenario you do not want to face.

Pilger: Australia Beckons A War With China

Australia beckons a war with China

© Bowen Press

Australia is sleep-walking into a confrontation with China. Wars can happen suddenly in an atmosphere of mistrust and provocation, especially if a minor power, like Australia, abandons its independence for an “alliance” with an unstable superpower.

The United States is at a critical moment. Having exported its all-powerful manufacturing base, run down its industry and reduced millions of its once-hopeful people to poverty, principal American power today is brute force. When Donald Trump launched his missile attack on Syria — following his bombing of a mosque and a school — he was having dinner in Florida with the President of China, Xi Jinping.

Trumps attack on Syria had little to do with chemical weapons. It was, above all, to show his detractors and doubters in Washington’s war-making institutions — the Pentagon, the CIA, the Congress — how tough he was and prepared to risk a war with Russia. He had spilled blood in Syria, a Russian protectorate; he was surely now on the team. The attack was also meant to say directly to President Xi, his dinner guest: this is how we deal with those who challenge the top dog.

China has long received this message. In its rise as the world’s biggest trader and manufacturer, China has been encircled by 400 US military bases — a provocation described by a former Pentagon strategist as “a perfect noose”.

This is not Trump’s doing. In 2011, President Barack Obama flew to Australia to declare, in an address to parliament, what became known as the “pivot to Asia”: the biggest build-up of US air and naval forces in the Asia Pacific region since the Second World War. The target was China. America had a new and entirely unnecessary enemy. Today, low-draft US warships, missiles, bombers, drones operate on China’s doorstep.

In July, one of the biggest US-led naval exercises ever staged, the biennial Operation Talisman Sabre, will rehearse a blockade of the sea lanes through which run China’s commercial lifelines. Based on a Air-Sea Battle Plan for war with China, which prescribes a preemptive “blinding” attack, this “war game” will be played by Australia.

This is not urgent news. Rather, the news is the “threat” that China poses to “freedom of navigation” in the South China Sea by building airstrips on disputed reefs and islets. The reason why — the “noose” — is almost never mentioned.

Australia in the 21st century has no enemies. Not even a melancholy colonial imagination that conjured Asia falling down on us as if by the force of gravity can conjure a single contemporary enemy. No one wants to bomb or occupy Australia. Well, not yet.

As Australian political, military and intelligence establishments are integrated into the war plans of a growing American obsession — the shift of trading, banking and development power to the east — Australia is making an enemy it never bargained for. A frontline has already been marked at Pine Gap, the spy base the CIA set up near Alice Springs in the 1960s, which targets America’s enemies, beckoning, of course, massive retaliation.

Last October, the opposition Labor Party’s defence spokesman, Richard Marles, delighted the US admirals and generals at a conference in Hawaii by demanding that Australian naval commanders should have the authority to provoke nuclear-armed China in the disputed South China Sea. What is it about some Australian politicians whose obsequiousness takes charge of their senses?

While the coalition government of Malcolm Turnbull has resisted such a clear and present danger, at least for now, it is building a $195 billion war arsenal, one of the biggest on earth — including more than $15 billion to be spent on American F-35 fighters already distinguished as hi-tech turkeys. Clearly, this is aimed at China.

This view of Australia’s region is shrouded by silence. Dissenters are few, or frightened. Anti-China witch hunts are not uncommon. Indeed, who, apart from former prime minister Paul Keating, speaks out with an unambiguous warning? Who tells Australians that, in response to the “noose” around it, China has almost certainly increased its nuclear weapons posture from low alert to high alert?

And who utters the heresy that Australians should not have to “choose” between America and China: that we should, for the first time in our history, be truly modern and independent of all great power: that we should play a thoughtful, imaginative, non-provocative, diplomatic role to help prevent a catastrophe and so protect “our interests”, which are the lives of people.

US fighter jets intercept Russian bombers near Alaska

The U.S. military dispatched two F-22 stealth fighters late Monday to intercept a pair of Russian bombers near Alaska, according to a Pentagon official.

The official told The Washington Examiner Tuesday the Air Force’s jets visually identified the Russian vehicles as TU-95 “Bear” long-range bombers.

The American jets briefly flew alongside the Russian bombers before the bombers changed course and flew away from the U.S.

The official noted that TU-95s are capable of carrying nuclear weapons, but the planes involved in Monday’s incident did not appear armed.

The interception was conducted in a “safe and professional” manner, the official added, as the bombers did not violate U.S. airspace or break international norms.

The U.S. military dispatched two F-22 stealth fighters late Monday to intercept a pair of Russian bombers near Alaska, according to a Pentagon official.

The official told The Washington Examiner Tuesday the Air Force’s jets visually identified the Russian vehicles as TU-95 “Bear” long-range bombers.

The American jets briefly flew alongside the Russian bombers before the bombers changed course and flew away from the U.S.

The official noted that TU-95s are capable of carrying nuclear weapons, but the planes involved in Monday’s incident did not appear armed.

The interception was conducted in a “safe and professional” manner, the official added, as the bombers did not violate U.S. airspace or break international norms.

US fighter jets intercept Russian bombers near Alaska© Provided by The Hill US fighter jets intercept Russian bombers near Alaska Monday’s incident comes amid escalating tension between Russia and the U.S., particularly over Syria’s ongoing civil war.

President Trump ordered a missile strike on a Syrian airfield earlier this month after reports that forces loyal to Syrian President Bashar Assad used chemical weapons.

Trump’s decision to strike Assad’s government earlier this month put the U.S. at odds with Russia, which has long supported Assad.

Russian Foreign Minister Sergei Lavrov said last week that the chemical attack – which purportedly killed more than 80 Syrian civilians – was likely “staged.”

Lavrov added that another U.S. military strike in Syria could prompt “grave consequences not only for regional but global security.”

Secretary of State Rex Tillerson said earlier this month that U.S.-Russia relations have hit “a low point” following the strike.

The top U.S. diplomat added that “improvement in the long-term relationship” between both nations is required to resolve the conflict in Syria.

Apocalypse Tourism? Cruising the Melting Arctic Ocean

For those who think the Arctic ice is not melting

https://www.bloomberg.com/features/2016-crystal-serenity-northwest-passage-cruise/

Apocalypse Tourism? Cruising the Melting Arctic Ocean

Come aboard! Let’s sail the once-impenetrable Northwest Passage.

On Aug. 16, the Crystal Serenity set out from Seward, Alaska, carrying 1,700 passengers and crew, and escorted by a comparatively minuscule, 1,800-ton icebreaker. She circled west and north around the Alaska Peninsula and through the Bering Strait before heading east into the maze of straits and sounds that constitute the Northwest Passage. For centuries, explorers tried to establish a sea route here between Europe and Asia. Many met with ruin. A few stranded sailors famously ate their boots—and each other. When the Crystal Serenity emerged free and clear of the maze on Sept. 5, there were no accounts of scurvy or cannibalism, only tales of bingeing on themed buffets and grumbles from shutterbugs about the Arctic’s monotonous landscape.

Operated by Crystal Cruises, the Serenity became on that day the first passenger liner to successfully ply the Northwest Passage. As climate change melts Arctic sea ice twice as fast as models predicted, more and larger ships have made their way along these fatal shores. In 2013, the Nordic Orion was the first bulk cargo carrier to transit the Passage, hauling a load of coal.

Rates on the Serenity started at around $22,000 per person. For that, passengers were anointed, by Slate, “the world’s worst people”—for venturing into a vulnerable ecosystem in a diesel-burning, 69,000-ton behemoth. Canada’s National Post described the cruise as an “invasion” of indigenous communities. Britain’s Telegraph hinted at Titanic hubris, asking, Is this “the world’s most dangerous cruise”?

As for the Arctic villages the Serenity visited, they were, depending on whom you ask, either overwhelmed or overjoyed by the ship’s hordes of curious, wealthy strangers. The communities staged dances, hawked arts and crafts, and expressed hope that the Crystal Serenity reaches New York safely on Sept. 16. Assuming it does, Crystal Cruises plans to offer the route again next year, departing Anchorage on Aug. 15. Edie Rodriguez, the company’s chief executive officer, says that a few passengers have already rebooked.

 

I’m going to make an educated personal observation here: The ARCTIC is melting. The ANTARCTIC is growing in ice mass.

The massive multi disciplinary Operation SOCRATES has stated similar findings, with the aim being to find out why the Southern hemisphere seems largely unaffected by “Global Warming/Climate Change” while the Northern Hemisphere is affected dramatically.

I would suggest that there’s more to the picture than meets the eye, and readers sufficiently interested and motivated should do some research. Beware of disinformation though. Think critically and logically! ( And don’t forget the Geoengineering agenda.)

Possibly related:

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