Shipping giant Hanjin filed for receivership in South Korea and filed for bankruptcy in the United States last week after its finances collapsed. This week news is emerging that Hanjin is trying to file for bankruptcy protection in 40 different jurisdictions as they desperately work to prevent any more of their ships from being seized in port. Hanjin operated the world's seventh largest container line at a loss in four of the last five years. The number of Hanjin ships which have been denied access to ports stands at 79. Hanjin claims a fleet of 141 ships, of which 128 are operating. Spot shipping prices on routes conveying cargo from Asia to North America have been holding ~40% higher than they were immediately before Hanjin's initial bankruptcy filing. The firm's current crisis follows the recent refusal of creditors to lend Hanjin any more capital to finance its operating expenses. Sorry for your loss.
United States Oval Office seat warmer Hussein Bahamas after arriving in Hangzhou, China for the G20 conference disembarked from his plane using the belly staircase rather than a roll up staircase. De-planing Air Force One by the more common roll up staircase indicates confidence in the security of the de-planing situation and indicates a positive relationship between parties to the landing and de-planing.
By contrast a belly staircase de-planing indicates tension between parties and a lack of confidence defined by feelings of insecurity. The official verified Twitter account of the United States Defense Intelligence Agency made light of the tension by tweeting "Classy as always China" and linking a New York Times piece about the tense situation featuring a full frontal picture of Hussein Bahamas engaged in belly de-planing. The tweet making light of Hussein Bahamas' engagement in a supremely submissive act has already been deleted. Peace in our time.
An alleged 12 to 14 year old suicide bomber killed 51 and wounded 69 at a wedding in southeast Turkey near the Syrian border (archived). The tween allegedly interupted the celebration by killing himself and others after the traditional "henna party" where hands and feet are painted. Peace in our time.
Alleged Orlando shooter Omar Mateen's (WOT:nonperson) father was prominently seated behind Hillary Rodham-Clinton (WOT:nonperson) at a political rally in Kissimmee, Florida. Omar Matteen's father Seddique Mir Mateen (WOT:nonperson) left Afghanistan in the 1970's and has for years produced a number of videos where he claims the title "Revolutionary President of Afghanistan." There has been no mention in the mainstream media about how Hillary's ties to an insurgent leader may affect her relationship as president with the presently US backed government of Ashraf Ghani (WOT:nonperson) in Afghanistan.
Twenty six year old Satoshi Uematsu (WOT:nonperson) allegedly stabbed 44 of his former coworkers and clients today killing 19 and injuring 25 at a residential facility for the disabled west of Tokyo. Police allege that Uematsu gained entry to the facility by breaking a window and that when he left he was able to make it to the police station to surrender peacefully. Notably Uematsu managed to kill 10 more people than the German aspie whose solo Munich shopping mall putsch has renewed security cooperation between France and Germany. Local media attribute to Uematsu an utterance that approximately translates to "All disabled should cease to exist." The strict knife control laws suffered by the Japanese people failed to prevent this incident. Peace in our time.
Numerous reports are emerging that Adidas will be destroying the jobs of numerous workers in Asia who have been manufacturing their footwear for decades. Adidas is following numerous other garment manufacturers in deciding to trade payroll and other assorted costs associated with employing homo sapiens for the comparatively predictable costs associated with financing and maintaining machines. Urban apparel maker Nike is also working on eliminating its workforce in Asia in favor of roboting garment assembly. Mining never changes. Sorry for your loss.
The incoming President of the Republic of the Phillipines and former Mayor of Davao City has publicly and provocatively rebuked accusations from New York-based and George Soros(WOT:nonperson)-backed Human Rights Watch (HRW) that the former Spanish colony is involved in human rights abuses, particularly a soi-disant "Davao Death Squad" that the Mayor himself is alleged to have been involved in. Citing America's less than exemplary treatment of its African citizens, Mayor Rodrigo Duterte had some choice words for the overtly hypocritical and broadly meddlesome libertards from across the Pacific :
To all the bleeding hearts of US-based crime watch: You want a taste of justice, my style? Come to Davao City Philippines, and do drugs in my city. I will execute you in public. And finally, you SOB’s, I offer no excuses nor do I apologize. So be it.
Long known for its bad copywriters, live-in nannies, and Tim Horton's servers par excellence, Duterte is single-handedly changing his island nation's international image from one of servile friendliness to one of a TMSR~esque bullshit intolerance. For that, we salute him
Today United States regulators from the "Justice" department gave China based Haier permission to buy General Electric's appliance unit. General Electric's efforts to escape the low margin appliance business have become public knowledge twice before. The first effort failed to find any credible buyers. Following that, last year "Justice" Department regulators refused permission for Swedish firm Electrolux's to unburden General Electric of this line of business by acquiring it for 3.3 billion United States dollars. They expressed concern about the poverty of suppliers for wall mounted ovens and cooktops for commerical use in the United States. Now Haier, which already markets appliances for sale in the United States, has received approval to acquire this business line from General Electric for 5.4 billion United States dollars. Continue reading
Rare surviving Khmer Rouge leader Khieu Samphan in appealing his life sentence for crimes against humanity plead to a United Nations supported court that his only fight was for "social justice" (archived). Of course the Khmer Rouge's atrocities were the natural end of the social justice agenda, an agenda which is returning to vogue in certain circles. The social justice agenda notably dismisses concerns over actual justice to instead elevate social equality as their first principle. In this way the Khmer Rouge was an exemplar! All are equal under the yoke, and the 750,000 to 3,000,000 who died1 in Khmer Rouge atrocities were the most equal of all!
The wide uncertain range persists because the Khmer Rouge was just that effective in suppressing the individual in the name of social equality/justice. ↩
Numerous sources are reporting that the Democratic People's Republic of Best Korea has launched a rocket into space, and that the government of Best Korea is declaring its effort to launch a satellite into space a success. Almost exactly one month ago the Democratic People's Republic of Best Korea claimed success in testing a hydrogen bomb. During the 20th century Cold War between the USSR and United Soviet Socialist America the capability to launch satellites into space was used as a proxy that demonstrated the ability to deploy nuclear weapons at any range. Continued space launches on the part of the Democratic People's Republic of Best Korea would indicate an aerospace industry significant enough to sustain the production and maintenance of intercontinental ballistic missiles and add further credibility to the nation's growing nuclear deterrent.