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Wednesday, 17 June 2015

Ice age warning? Ocean off Iceland unusually cold, no mackerel

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© Páll Stefánsson.
A West Iceland beach.

The Icelandic Marine Research Institute's annual spring expedition from May 18 to 30 concluded that the ocean temperature off Iceland has not been lower in 18 years, or since 1997. The number of krill is below average and not a single mackerel was caught.

"In the past years we have always caught some mackerel, and especially last year. But now we didn't see any," Guðmundur J. Óskarsson, one of the institution's specialists, who took part in the expedition, told .

Guðmundur stated that the ocean temperature from Southeast Iceland to the West Fjords has dropped by one to one-and-a-half degree Celsius. However, it can quickly increase if the air temperature increases substantially, he added.

Last month was the coldest May in Iceland in decades.

The expedition is part of the institute's long-term study of the condition of the ocean around Iceland, the vegetation, krill and fish which exist there. Samples were taken in 110 locations.

Tuesday, 16 June 2015

Moscow cuts dependence on US dollar, builds a more self-sufficient financial system

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© Reuters/Jim Bourg
The U.S. Treasury Department in Washington

Russia held US Treasury bills worth $66.5 billion as of April this year, according to the latest monthly report from the US Treasury. That compares with the $116.4 billion held a year ago.

From March to April 2015, Russia sold $3.4 billion in US Treasury bonds,reported US Department of the Treasury Monday.

Since August 2014, the value of US bonds in the Russian government portfolio has been steadily declining and the volume of Russian investments in US bonds dropped dramatically. Russia is now only 22nd on the list of the major US debt holders, compared to twelfth place in April 2014.

The Western sanctions imposed against Russia last year over re-unification with Crimea and its position in Ukrainian crisis have pushed Moscow to cut its dependence on the US dollar and build a more self-sufficient financial system.

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Western sanctions have encouraged Russia to work more actively with Asia, as the Asia-Pacific region and BRICS, as they make up 60 percent of the world GDP, said Russian Prime Minister Dmitry Medvedev last week.

The BRICS summit in Russia this July will see the opening of the $100 billion New Development Bank, intended to compliment the World Bank and sponsor infrastructure projects within the group. Another project to be launched is currency pool worth another $100 billion, expected to guard the group from exchange rate volatility, said Russian President Vladimir Putin in May.

More than 40 countries and associations have said they would like to boost trade with the Russia-led economic block known as the Eurasian Economic Union (EEU). Vietnam became the first country out of the EEU to sign a free trade zone deal with the block in May and is considering switching to local currencies in bilateral trade. Russian Prime Minister Dmitry Medvedev said Moscow was ready to consider a currency union across the EEU.

Russia's largest bank, Sberbank, issued its first credit guarantees in yuan this June, which marked another step in its de-dollarizing policy.

Yuan-ruble trade in Russia has grown 800 percent between January and September 2014, and accounts for 7 percent of bilateral trade, with a huge potential to grow, according to May data.

Who owns US debt?

China and Japan are the biggest holders of US Treasury bonds, four times as much as held in the Caribbean Banking Centers (a tax haven than includes Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama).

As of February, Japan officially held more US debt than China, when Beijing disposed of $15.4 billion in debt. However, in March-April Beijing boosted US Treasury debt by $39.7 billion, which reached $1,263 trillion and ousted Japan, holding $1.215 trillion worth bonds, from first place.

Abbas says Palestinian government to resign within 24 hours

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© Reuters/Suhaib Salem

The Palestinian government is to be dissolved within 24 hours, reports, quoting a statement made by President Mahmoud Abbas. The government's spokesman, however, denies any such discussion of dissolution.

"Within 24 hours the Palestinian government will resign," Abbas told members of the Revolutionary Council of his Fatah movement in Ramallah, reports, citing several officials present at the meeting.


The reason for the resignation is the government's inability to act in the Gaza strip, reported earlier in the day citing senior officials with the Palestinian Authority.

"This one [government] is weak and there is no chance that Hamas will allow it to work in Gaza," said Amin Maqbul, secretary general of the ruling Fatah movement's Revolutionary Council, according to .

While Maqbul is quoted as saying that a new government will be formed within 24 hours, another source, an unnamed attendee of the 15th Revolutionary Council conference quoted by the news agency claims it could take several days.

However, the issue was not discussed at the latest meeting of the collective Hamas-Fatah government, according to government spokesman Ihab Bseiso, reports.

The current government was forged by the rival Palestinian movements Hamas and Fatah in June 2014, after a unity pact ended a violent split that began in 2007.

When it comes to water, we're not all equal

As water resources in California near a worst-case scenario where all surface water sources have run out, the ultra wealthy have yet to pull back on their usage. In response, counties all over the state have implemented water restrictions with hefty fines for those who go over their daily allotments. But those fines, often amounting to a small drop in the bucket for the more well off, have done little to curb use in high dollar communities.

Moreover, though California's sanctions purportedly aim to save water, large mega corporations like Nestle and Walmart are still pulling water out of the ground at fractions of pennies on the dollar and reselling bottled products for hundred-fold or more profits. It's been reported, for example, that Nestle puts a mark up of 53 Million percent on a single bottle.

So while California lawmakers argue that the new restrictions make water usage equal for all, the fact is that, as George Orwell so succinctly put it in his classic novella , "all animals are equal, but some animals are more equal than others."

Nowhere is this more apparent than in the hustling and bustling neighborhoods of the ultra wealthy, where sustainable living advocates like Barbara Streisand and other elite stars continued to use thousands of gallons of water to keep their lawns green. After photos of their opulent lifestyles hit social media in recent months some have pulled back, but others, like Steve Yuhas, argue that if they have the money to pay for the water, including fines, they should be able to use it as they see fit.

If you can pay for it, he argues, you should get your water.

People "should not be forced to live on property with brown lawns, golf on brown courses or apologize for wanting their gardens to be beautiful," Yuhas fumed recently on social media. "We pay significant property taxes based on where we live," he added in an interview. "And, no, we're not all equal when it comes to water."

Yuhas lives in the ultra-wealthy enclave of Rancho Santa Fe, a bucolic Southern California hamlet of ranches, gated communities and country clubs that guzzles five times more water per capita than the statewide average.

It's a debate as old as America, and one that is hard to argue with. Yuhas isn't alone in his views. Water is distributed equally when it leaves a particular plant, but once it passes through someone's water meter, it is then owned by the person paying for it. If they have the money to pay, then what's the problem?

"California used to be the land of opportunity and freedom," Barbre said. "It's slowly becoming the land of one group telling everybody else how they think everybody should live their lives."

Jurgen Gramckow, a sod farmer north of Los Angeles in Ventura County, agrees. He likens the freedom to buy water to the freedom to buy gasoline.

"Some people have a Prius; others have a Suburban," Gramckow said. "Once the water goes through the meter, it's yours."

Determining who's right in this argument remains an open question.

But what water scarcity in California highlights is that those with money will always have first dibs on resources.

Today it's water, but according to experts, should California's drought continue the state will be dry within a year. That may not sound like a big deal to Americans in the other 49 states, but NASA has warned that the entire U.S. food supply could be threatened:

NASA's Jet Propulsion Laboratory has sounded a stark warning over California's sustained drought, publishing its latest findings where satellite surveys show a rapidly depleting groundwater supply.

And with California as the United States' most valuable agricultural state, and thus key to America's food supply (and much of the world's as well) that could mean drastic consequences for food commodity prices and potential shortages.

But for the ultra-wealthy and those with means, potential shortages for the general population are meaningless.

As demonstrated with the water battles taking place now, those who don't have enough money to cover rising expenses, be they in the form of higher prices or financial penalties, will have to make due with their government-mandated allotments.

If you don't make enough money to acquire those resources we so desperately need to survive and maintain our standard of living, then that's tough. You'll just have to deal with it.

In a worst-case scenario, the bigger fish will undoubtedly take from the smaller fish. Consider a situation where a national emergency is declared. Whatever the reason, imagine that access to fresh water, food, gasoline, electricity or other critical resources becomes limited.

Analyst Greg Mannarino warns that such a scenario, where resources become scarce, could lead to the deaths of millions.

Millions upon millions of people are going to die on a world-wide scale when the debt bubble bursts. And I'm saying when not if...

[...]

When resources become more and more scarce we're going to see countries at war with each other. People will be scrambling... in a worst case scenario... doing everything that they can to survive... to provide for their family and for themselves.

The wealthy will certainly have the ability to pay, even if that means acquiring those resources through black-market deals.
Government officials, however, will have another method for taking what they need (or desire).

In 2012 President Obama authorized what many have dubbed the Doomsday Executive Order, which essentially gives federal officials authority to seized everything from food producing farms and water wells, to entire industries and the labor forces which make them possible.

While millions of people have been preparing for the possibility of a catastrophic event by relocating to rural homesteads or farms, as well as stockpiling food, water, personal defense armaments and other essential supplies with the intention of utilizing these preparations if the worst happens, the latest executive order signed by President Obama on March 16, 2012 makes clear that in the event of a nationally deemed emergency all of these resources will fall under the authority of the United States government.

The signing of the National Defense Resources Preparedness executive order grants the Department of Homeland Security, the Department of Agriculture, the Department of Labor, the Department of Defense and other agencies complete control of all US resources, including the ability to seize, confiscate or re-delegate resources, materials, services, and facilities as deemed necessary or appropriate to promote the national defense as delegated by the following agencies

So, in the end, whether you agree with Steve Yuhas or not, his assessment is accurate.

When it comes to resource control and acquisition, politicians and the wealthy, will always be just a little more equal than the rest of us.

That's simply the nature of the beast, so preparing for those resource shortages today may be the only saving grace for the majority of the population who will be left to fend for themselves during a real crisis. Most will ignore the warnings, but as Ayn Rand so eloquently put it, "we can ignore reality, but we cannot ignore the consequences of ignoring reality."

Related Reading:

Facial Recognition-Fest: UK Police Scan 100,000 Concertgoers

UK police used facial recognition technology to scan the faces of 100,000 concertgoers in Leicestireshire over the weekend. (Photo:Tom Blackwell/flickr/cc)

Just in time for facial recognition technology to lose its few privacy allies in the U.S., police in the U.K. demonstrated just what that kind of mass surveillance of the public might look like in reality.

Over the weekend, Leicestireshire police planted a series of "strategically placed cameras" throughout the grounds of an outdoor concert—ironically called the Download Festival—to scan the faces of more than 100,000 people and match them against a database of wanted criminals across Europe.

It was believed to be the first time that facial recognition technology had been used in an outdoor venue in the country.

The law enforcement news website Police Oracle informed concertgoers that the cameras would be used during the festival in a post ahead of the weekend, although it's unclear how widely that message was spread—content on the Police Oracle website can only be read after registration.

Renate Samson, a campaigner with UK-based privacy rights organization Big Brother Watch, told the BBC that the scheme was "a great worry."

Referring to the police justification that the scans would help catch cell phone thieves and other petty crime at the festival, Samson added, "We're very keen for bad people to be caught but we're also keen for innocent people to go about their day-to-day business, have a good time at festivals they've paid good money for, and not feel as though they're being surveyed by police."

Samson also told Noisey that "Leicestershire has a reputation for surveillance. Between 2009 and 2011 they had some of the highest amounts of CCTV in the UK."

In fact, Noisey reports, the Download Festival may be just the start of public video surveillance by law enforcement:

According to the Police Oracle article previously cited, other festival organisers have expressed widespread interest in technology, pending a successful trial. DC [Detective Constable] Kevin Walker told the Oracle, "It is one of the first times it has been trialled outside, normally it is done in a controlled environment. There has also been a lot of interest from other festivals and they are saying: 'If it works, can we borrow it?' "

Genetically Modified Insects for Florida

Millions of genetically modified mosquitoes are set to be released in Florida. It’s a move from biotech company Oxitec, who already released GM olive flies into the Cayman Islands environment as a way to combat wild pests that damaged crops.[1] But, as there are concerns for the olive flies pesticide resistance developing into the ‘wild’ populations, the release of GM mosquitos are also posing questions of risk.

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The approach to containing problems in the wild for the GM fly is the same as the mosquito in Florida. Oxitec has developed a ‘kill switch’ that the GM insect can introduce to the wild female during the mating process. In turn, the female offspring mainly die as larvae.

The move to introduce the non-native GM mosquito into Florida, is to curb the rising numbers of dengue fever and chikungunya, both carried and spread by the Aedes mosquitoes. However, though the rise is undoubtedly occurring with both diseases, only 11 patients contracted chikungunya in 2014, and the CDC states that it is rare to find a case of dengue fever in the United States. [2]

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“Dengue has emerged as a worldwide problem only since the 1950s. Although dengue rarely occurs in the continental United States, it is endemic in Puerto Rico and in many popular tourist destinations in Latin America, Southeast Asia and the Pacific islands”.[3]

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Some concerns have been raised about the “tinkering” with Mother Nature and the after affects, which potentially will be impossible to reverse once out in the wild. Yet, one study which looks into the effects of GM insects compared to current world situations, has made some interesting evaluations: “Scientists believe that climate change, changes in land use and global trade are all leading to expansions in the ranges and prevalence of many agricultural pests”. [4]

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It raises the question then, why would you introduce a genetically modified insect into an ecology already struggling, without conducting full studies into the consequences? The area of GM insects has little to no rules governing the procedures taking place in the labs. It is also interesting to note that Oxitec has released GM mosquitos into the Cayman Islands, Malaysia and Brazil and is developing GM agricultural pests, jointly with Syngenta, the seed company.[5] Furthermore,Oxitec “chose a British Overseas Territory with no biosafety law (Cayman Islands) as the site for the first open releases of GM insects in the world”.[6]
 

[1] [Gene Watch UK] Joint Press Release: Non-native strains of genetically modified (GM) insects risk spread of pesticide resistance. Retrieved from http://bit.ly/1Fl8FxQ

[2] [CDC] Chikungunya virus in the United States. Retrieved fromhttp://1.usa.gov/1Fl8FxR

[3] [CDC] Dengue virus in the United States. Retrieved from http://1.usa.gov/1HQorXK

[4] [Houses of Parliament: Office of Science and Technology]. Genetically Modified Insects. Retrieved from http://bit.ly/1HQouTm

[5] Genetically-modified insects: under whose control? Retrieved fromhttp://bit.ly/1HQouTp

More dead fish wash up on shore in Riverhead, New York

© WABC
For the second time in weeks, a large number of dead fish have washed up to the shoreline in Riverhead.

There's a dead fish mystery on Long Island.

For the second time in weeks, a large number of dead fish have washed up to the shoreline in Riverhead.

"Just look, the smell, oh my God, it's terrible," a resident said.

And that's putting it mildly.

"It's just a shame. A lot of guys who own these boats they don't even want to come down here now because of the smell. And the flies, you got flies, you got all kinds of bugs down here now," said Dan Battaglia, of Moose Lodge 1742.

It's just the latest massive fish die off around Riverhead. Just two weeks ago, thousands of the same bunker fish washed up around Flanders Bay.

And a few weeks before that there were more than 100 diamondback terrapins found dead around the same area. And now there's this die off along the Peconic River.

"I wouldn't even consider putting my boat in right now. I'm still sitting on a trailer and we're in the middle of June," said Mario DePinto, a Sound Beach resident.

"We thought we could do some kayaking and get in the water and it's just not inviting," said Sue Ambrosino, a visitor.

There are two main theories here.

One is that blue fish are chasing the bunker into water with little oxygen so the bunker suffocate and die. Environmentalists say the reason though that the water has insufficient oxygen is because of pollution.

"We're causing this fish kill whether we like it or not. The fish are dying because of septic input, they're dying because of nitrogen pollution in our waters, and we have to do our best to clean it up," said Kara Jackson, of The Nature Conservancy.

As for the cleanup, Riverhead Town Supervisor Sean Walter says it will begin first thing Wednesday morning.

"We're going to stage it over here, pick it up with a front end loader and put into a roll off that's is lined and bring it to a disposal location in the town and bury it," said Sean Walter, the Riverhead Town Supervisor.