Get Ready For A New Chernobyl In Ukraine

With the onset of winter and the increasing strain on Ukraine’s energy system, the threat of a new nuclear disaster in Central Europe is becoming more than just a theoretical danger.
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According to analysts from Energy Research & Social Science (ERSS), there is an 80% probability of a ‘serious accident’ at one of Ukraine’s nuclear power plants before the year 2020. This is due both to the increased burden on the nuclear plants caused by the widespread shutdowns of Ukraine’s thermal power plants (the raw material they consumed – coal from the Donbass – is in critically short supply) and also because of the severe physical deterioration of their Soviet-era nuclear equipment and the catastrophic underfunding of this industry.

This post was published at Zero Hedge on Oct 17, 2017.

Here’s How Much Each HSBC Trader Made In Their FX Front-Running Scheme

Last week we wrote about how some former HSBC FX traders, led by Mark Johnson, orchestrated a carefully crafted plan to front-run a massive buy order for British Pounds using the code phrase “my watch is off.”
Now, courtesy of court filings in a British case to extradite one of the participants, Stuart Scott, we learn exactly how much each HSBC trader made for his trading book in the illicit scheme that netted a total of $8 million in profits. Per Bloomberg:
“The defendant personally obtained over $500,000 profit,” the U. S. Justice Department, represented by British lawyer Mark Summers, said in written arguments prepared for the hearing. “The offenses of which he is accused are highly serious. They involve a systematic and organized conspiracy to defraud, committed in breach of trust.”
Scott was charged, along with his ex-boss Mark Johnson, by the Justice Department in July 2016 with using insider knowledge to front-run a $3.5 billion currency deal by Cairn Energy Plc that made the bank $8 million. Johnson is on trial in New York and a jury there could begin deliberations this week.

This post was published at Zero Hedge on Oct 16, 2017.

Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard?

4th director to quit in 10 months. Bankruptcy prospects heat up. The board of directors of Sears Holdings keeps shrinking – and that makes sense: Who’d want to be a director as the retailer careens along its path to bankruptcy, it only being a question of when it’ll get there, and whether or not the company will make it through the holiday selling season.
Today the company announced that Bruce Berkowitz ‘has decided to step down’ from the board of directors, effective October 31, 2017. He’d joined the board in February 2016. So that wasn’t long. No reason was given for the abrupt departure, which caused bankruptcy fears to flare up, and shares (SHLD) plunged 11.5% to $5.99.
Berkowitz is the fourth director to jump overboard over the past 10 months and none has been replaced. The other three:
Steven Mnuchin quit the board in December ahead of his appointment as Secretary of the Treasury. He’d been on the board for 12 years. The vacant slot has not been filled. Alesia Haas quit the board in December 2016 after having joined in February 2016 – just long enough to get a look-see before bailing out. She’d been the CFO of OneWest Bank until it was acquired by CIT group. Cesar Alvarez quit the board in March 2017. He’d joined in December 2013. At the time, he was co-chairman of the law firm Greenberg Traurig. His slot has not been filled.

This post was published at Wolf Street on Oct 16, 2017.

Massive WiFi Flaw Affects All Connected Devices: ‘You Have To Wonder If It Was Corrupted On Purpose’

The security protocol used to protect the vast majority of WiFi connections has been broken. This will expose wireless internet traffic to malicious attack, according to the researcher who discovered this weakness.
It doesn’t bode well that the mainstream media is also ignoring this problem completely because it’s a very big deal. Anytime the mainstream media brushes something off, most start asking questions. Unfortunately, none of the answers we have so far to those questions are of comfort.
Considering every single cellphone now has WiFi in it and this major ‘weakness’ could affect almost everyone. According to ARS Technica, researchers have disclosed a serious weakness in the WPA2 protocol that allows attackers within range of vulnerable device or access point to intercept passwords, e-mails, and other data presumed to be encrypted, and in some cases, to inject ransomware or other malicious content into a website a client is visiting.

This post was published at shtfplan on October 16th, 2017.

A POLITICIAN WHO SAYS SHE WAS ABDUCTED BY ALIENS IS NOW RUNNING FOR CONGRESS

A 59-year old Republican congressional candidate in Florida says she’s learned a lot during her life. This includes the spaceship ride she swears she took with aliens when she was a just a little girl.
Bettina Rodriguez Aguilera is an entrepreneur and running to replace retiring Miami Republican Rep. Ileana Ros-Lehtinen. The congressional hopeful said that she has remained in contact with three of the aliens responsible for her abduction (one male and two females) since the extraterrestrial joyride when she was 7 years old, according to a resurfaced 2009 television interview.
‘I went in,’ Rodriguez Aguilera told America TeVe. ‘There were some round seats that were there, and some quartz rocks that controlled the ship – not like airplanes.’ The video is in Spanish and there are no subtitles, but it can be seen below.

This post was published at The Daily Sheeple on OCTOBER 16, 2017.

Spanish Prosecutors Seek To Jail Popular Catalan Police Chief

In a move that is set to further infurate the Catalan separatists for whom the breakaway region’s police chief has emerged as a quasi-folk hero, and prompting an even more vocal push for independence, moments ago the Spanish Public Prosecutor’s Office petitioned Madrid Judge Carmela Lamela, investigating charges of sedition in Barcelona on September 20, to jail Catalan Police chief Josep Lluis Trapero on remand, court reporters for Spanish media tweeted.

This post was published at Zero Hedge on Oct 16, 2017.