Yves here. I am posting this piece despite the authors’ abject failure to consider the deep internal contradiction treating censorship as any way justified, worst of all in depicting it as a bulwark of democracy. This stance again illustrates how...
Nicolas Maduro “wins” presidential elections but the opposition, the US and US-aligned governments in the region refuse to accept results. Eyes are now on Brazil, Mexico and Colombia. On Sunday, Venezuela’s incumbent President Nicolas Maduro won a third term in...
Dear patient readers, This post launched a bit light. Please come back at 7:45 AM EDT for a full ration. * * * New Zealand’s flightless birds are retreating to moa refuges EurekaAlert! (Chuck L) #Sakurajima Volcano #Kagoshima, Japan, 29.07.2024,...
Yves here. This is running a bit after the IMF’s birthday, but the article remains instructive. It skips over the immediate post-World War II period of IMF activities, taking it as a give that the bank was operating in a...
Michigan is down in July, while business unit costs are up slightly. Figure 1: Year-on-year actual CPI inflation (bold black), and expected inflation from University of Michigan (red), NY Fed (light green), Survey of Professional Forecasters (blue +), Coibion-Gorodnichenko SoFIE...
By Lambert Strether of Corrente Bird Song of the Day Blue Mockingbird, Yecora, Km 261, Sonora, Mexico. I thought I would try another species of mockingbird. * * * * * * Contact information for plants: Readers, feel free to...
From a VoxEU article today, by Robert N. McCauley with Hiro Ito and Menzie Chinn: Will the freezing of the Bank of Russia’s foreign exchange reserves undermine the dollar’s predominant role in official foreign exchange reserves? This column examines the...
By Clare Carlile and Brigitte Wear are researchers at DeSmog. Originally published at DeSmog. Global meat and dairy giants are investing just a fraction of their revenues into cutting emissions despite being among the world’s largest polluters, according to new...
It may be a sign of my inability to escape map thinking. But despite accelerating progress on the battlefield and more and more Ukraine bucking under relentless Russian pressure, Russia may not be as close to a resolution as its...
Dragonflies swarm beachgoers at Rhode Island’s Misquamicut Beach WCBB. It’s an annual event. Macro problems on the horizon Splash 247 US consumers show signs of flagging, companies and analysts warn FT Big Law Confronts Tail Risk Threat to Private Equity...
