Emergency at US Nuclear Site: “Unusually high” radiation levels reported — Worker: “Everybody’s freaked, shocked, surprised” — Governor: “Alarming incident” — TV: “Major event… Sign the plant is falling apart” (VIDEOS)

 

KING, May 19, 2017 (emphasis added): Another Hanford emergency: signs of another leaking tank… The U.S. Department of Energy is scrambling to deal with the second emergency at the nuclear site in 10 days’ time. Signs have emerged that a massive underground double shell nuclear waste holding tank may be leaking… Now it has been holding hot, boiling radioactive and chemically contaminated waste for 41 years. KING 5 has learned that a… radiation specialist on the crew detected higher than expected readings… Detection equipment was then used to check for contamination that might have become airborne… They found radioactive material on one worker in three spots… “Everybody was freaked, shocked, surprised,” said a veteran worker and KING 5 Hanford source who is in direct contact with crew members… Thursday night’s incident means this could be the second double shell tank to fail. “We are of course concerned it might be a leak,” a Washington state Department of Ecology spokesperson said… The AZ 101 contamination event comes just 10 days after a tunnel collapse at Hanford that caused a site wide emergency… That event could have spewed radioactive particles across the site and beyond… “Today’s alarming incident at Hanford elevates the urgency of the federal government to prioritize and fund all critical cleanup at this aging nuclear reservation,” [Governor Jay] Inslee said in a statement… Continue reading

Was There A Run On The Bank? JPM Caps Some ATM Withdrawals

Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose withdrawal limits on certain ATM transactions. As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at a time. This apparent bank run has prompted Jamie Dimon to cap ATM withdrawals at $1,000 per card daily for non-customers. Continue reading

Russian hackers breached Dow Jones for trading tips

After a year-long investigation, Bloomberg has reported details on the extent of a data breach, and the motive behind it.

Russian hackers had infiltrated Dow Jones & Co to steal information to trade on before it was made public, and the breach was “far more serious than a lower-grade intrusion” disclosed by the company, Bloomberg reported, citing sources.

The Federal Bureau of Investigation, Secret Service and the Securities and Exchange Commission are leading an investigation, which began at least a year ago, Bloomberg reported. (http://bloom.bg/1LSxcUI) Continue reading

China’s economy might be bigger than previously thought

If you’re looking to turn your world upside down today, try this on for size. What if China’s economy is actually bigger than everyone thinks?

Did your head just go “Boom?” Well, then maybe this will blow your mind: The Wall Street Journal is putting forth that idea. Yes, one of Western media’s biggest proponents of China’s heading for a hard landing, thinks that China’s government isn’t over reporting economic statistics, but instead, underselling them. Continue reading

Cheney alert: Nuclear war likely, Obama violated 75-year bipartisan consensus on U.S. as ‘freedom’s defender’

U.S. President Barack Obama’s capitulation to Iran in recent nuclear negotiations will likely result in “the first use of a nuclear weapon since Hiroshima and Nagasaki,” former Vice President Dick Cheney and his daughter Liz Cheney wrote in an op-ed.

“Among the many dangerous deficiencies in his nuclear deal with Iran is the irreversible damage it will do to the international nonproliferation regime contained in the NPT (Nuclear Non-Proliferation Treaty),” the Cheneys wrote in a Wall Street Journal op-ed entitled “Restoring American Exceptionalism”. Continue reading

The US Economy Continues Its Collapse — Paul Craig Roberts

Do you remember when real reporters existed? Those were the days before the Clinton regime concentrated the media into a few hands and turned the media into a Ministry of Propaganda, a tool of Big Brother. The false reality in which Americans live extends into economic life. Last Friday’s employment report was a continuation of a long string of bad news spun into good news. The media repeats two numbers as if they mean something—the monthly payroll jobs gains and the unemployment rate—and ignores the numbers that show the continuing multi-year decline in employment opportunities while the economy is allegedly recovering.

The so-called recovery is based on the U.3 measure of the unemployment rate. This measure does not include any unemployed person who has become discouraged from the inability to find a job and has not looked for a job in four weeks. The U.3 measure of unemployment only includes the still hopeful who think they will find a job. Continue reading

Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece

According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations with the new Greek government since the Greek election almost three months ago.  In other words, you can take all of that stuff you heard about how the Greek crisis was fixed and throw it out the window.  Over the next few months, a big chunk of Greek government bonds held by the IMF and the European Central Bank will mature.  Unless negotiations produce a load of new cash for Greece, there will be a default, and right now there is very little optimism that we will see an agreement any time soon.  In fact, as I wrote about the other day, behind the scenes banks all over Europe are quietly preparing for a Grexit.  European news sources are reporting that the Greek banking system is on the verge of collapse, and over the past couple of weeks Greek bond yields have shot through the roof.  Most of the things that we would expect to see in the lead up to a Greek exit from the eurozone are happening, and now we will wait and see if the Greeks actually have the guts to pull the trigger when push comes to shove. Continue reading

Kremlin: Don’t Issue Ultimatums To Putin

Vladimir Putin will not be spoken to in the language of ultimatums, a Russian radio station has quoted the Kremlin as saying.

Reports suggest German Chancellor Angela Merkel had given him until Wednesday to agree a peace plan over Ukraine or face new sanctions.

Kremlin spokesman Dmitry Peskov told Govorit Moskva radio: “Nobody has ever talked to the president in the tone of an ultimatum – and could not do so even if they wanted to.” Continue reading

Deutsche Bank lawyer found dead by suicide in New York

(Reuters) – A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday.

Calogero Gambino, 41, was found on the morning of Oct. 20 at his home in the New York borough of Brooklyn and pronounced dead on the scene, according to New York City police. Continue reading