ECONOMY

Links 6/14/2024 | naked capitalism


Undemocratic, anachronistic, fantastic. How the City survives FT

Economics 101 Aeon

Climate

Are markets the right tool for decarbonizing electricity? (transcript) Volts

The ‘One simple trick’ Paris used to reduce air pollution 40% ahead of Olympics Elektrek

Water

Riots erupt in drought-stricken central Algeria over months of water shortages AP

Syndemics

In dribs and drabs, USDA reports suggest containing bird flu outbreak in dairy cows will be challenging and Global health leader critiques ‘ineptitude’ of U.S. response to bird flu outbreak among cows STAT. Commentary:


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More COVID-19 patients died in understaffed hospitals, new data show Center for Infectious Disease Research and Policy

China?

China has become a scientific superpower The Economist. Commentary:

China Exports Deflation But US Isn’t Benefiting as Ties Weaken Bloomberg

China’s Middle Class Fears for Its Economic Future Bloomberg

Malaysia handed back $156m in stolen 1MDB funds, US embassy says Al Jazeera

Philippines To Restore Subic Bay Airfield For South China Sea Ops Naval News

India

Indian Startup 3D Prints Rocket Engine in Just 72 Hours IEEE Spectrum

Myanmar

Myanmar Junta Boss Orders Another Purge of Military Top Brass The Irrawaddy

Syraqistan

Fires caused by Hezbollah rockets threaten ‘strategic sites’ in Israel: Official Anadolu Agency

How ‘Israel’ Has Lost The North indi.ca

Israel must target civilian infrastructure in Lebanon to pressure Hezbollah, IDSF head says Jerusalem Post. IDSF = Israel Defense And Security Forum.

Street battles rage in Rafah as Biden accuses Hamas of delaying ceasefire deal France24

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Gaza resistance sources say fear is rising U.S. pier will be used for forced displacement of Palestinians Mondoweiss

US military considers temporarily dismantling pier off coast of Gaza for second time due to rough sea conditions CNN (ChrisFromGA).

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Who Is Barak Hiram, the IDF General Who Ordered Tank Fire on a Kibbutz Home With 13 Hostages Inside? Haaretz

Hamas’s Sinwar said to laud high civilian death toll in Gaza as ‘necessary sacrifice’ Times of Israel (Furzy Mouse).

The Olive Trees of Palestine JSTOR Daily

European Disunion

Fighting on two fronts, France’s Macron flags ‘extremist fever’ on right and left France24. Commentary:

Macron’s party at risk of wipeout, say election projections FT. The deck: “Left unity pact means president’s alliance could be squeezed out in run-offs with the far-right.”

Fight breaks out in Italian Parliament after lawmaker makes move on government official CBS

After Euroscepticism New Left Review

Dear Old Blighty

Rishi Sunak aide placed bet on election date days before announcement Guardian

Super-rich may quit UK over Labour plans for inheritance taxes on trusts Reuters

New Not-So-Cold War

Ukraine’s security agreement with US to be submitted to Congress, it will be legally binding Ukraiska Pravda

Biden strikes security deal with Zelenskyy — but its future is in doubt Politico. “The deal is only between the current administrations of the U.S. and Ukraine and won’t be ratified by Congress.”

Zelenskiy asks G7 leaders to approve ‘Marshall Plan’ for Ukraine reconstruction Reuters

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Ukraine’s Zelenskyy says China’s Xi told him he will not sell any weapons to Russia Reuters. But:


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Ukraine Detains Socialist Writer, Bans World Socialist Web Site Matt Taibbi, Racket News

Pressure and threats aimed at Texty.org.ua reported after publication of study on opponents of Ukraine aid in US Urkainska Pravda

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Ukraine’s draft woes leave the West facing pressure to make up for the troop shortfall The Conversation

From prison to the trenches: Inside Ukraine’s attempt to turn inmates into soldiers CNN

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Ukraine extends blackouts as Russian bombings continue BBC

Ukraine says without more air cover there won’t be enough power for winter Reuters

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Reverberations From Ukraine Council on Foreign Relations

How the Shift of Power Dynamics Eastward Impacts the Evolution of the Ukrainian Crisis Valdai Discussion Club

The Supremes

Supreme Court backs Starbucks over Biden labor board in ‘Memphis 7’ union case USA Today

Unanimous Supreme Court preserves access to widely used abortion medication AP

Second Time as Farce: the Absurdity of the New Anti-CFPB Arguments Adam Levitin, Credit Slips

Spook Country

OpenAI adds former NSA chief to its board Axios. Commentary:

The Stanford Internet Observatory is being dismantled The Platformer

Digital Watch

Payoff from AI projects is ‘dismal’, biz leaders complain The Register. Commentary:

WWDC, Apple Intelligence, Apple Aggregates AI (not paywalled) Stratechery

Guillotine Watch

‘I love you guys!’: Elon Musk lands $44.9bn pay deal after Tesla vote Al Jazeera

McKinsey Boss’s Next Big Consulting Project: His Own Firm WSJ

Imperial Collapse Watch

American Messianism Paul R. Grenier, Landmarks. The deck: “Evil, when we are in its power, is not felt as evil but as a necessity or even a duty.”

For King and country? Europe’s young may not be willing to fight Politico

Class Warfare

Big Union Win in Virginia Schools where Bargaining Suddenly Legal Labor Notes

Wells Fargo fires workers for ‘simulating’ being at their keyboards FT

The health industry’s invisible hand is a fist Cory Doctorow, Pluralistic

Centuries of Childhood Res Obscura

Antidote du jour (Forest & Kim Starr):

See yesterday’s Links and Antidote du Jour here.

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