ECONOMY

Links 7/3/2024 | naked capitalism


Kidding, Not Kidding: The philosophy of wisecracks. The Chronicle of Higher Education (Anthony L)

The Real Reason Why Music Is Getting Worse YouTube (Micael T)

Woman ‘in pain’ before death at slapping workshop BBC. Death by cult.

Hurricane Beryl batters Europe’s insurance stocks MarketWatch

FDA bans food additive found in citrusy sports drinks and sodas NBC. One of my brothers switched from caramel-colored diet sodas to citrus ones because the caramel coloring was considered to be unhealthy. I suspect he was not alone in making that choice.

Scientists wary of bird flu pandemic ‘unfolding in slow motion’ Reuters

#COVID-19

Climate/Environment

How to create a ‘world without waste’? Here are the plastic industry’s ideas. Grist

British Startup Nyobolt Demos 4-Minute Battery Charging For EVs CNN

Google’s emissions climb nearly 50% in five years due to AI energy demand Guardian (Kevin W)

Climate change is pushing up food prices — and worrying central banks Financial Times

China’s Weather Extremes Threaten Crops Bloomberg

Category five Hurricane Beryl churns towards Jamaica, causes ‘immense destruction’, claims at least two lives ABC Australia (Kevin W)

A new trajectory: Climate change rapidly impacting Canadian agriculture PhysOrg

‘Surely we are smarter than mowing down 1,000-year-old trees to make T-shirts’ – the complex rise of viscose Guardian (Kevin W)

China?

EU takes aim at China’s Temu and Shein with proposed import duty Financial Times

South of the Border

Maduro vs. US Election Interference: A Battle for Venezuela’s Future Orinoco Tribune. Robin K: “Looks like Guaidó lost his favored place.”

Africa

The Congolese Fight for Their Own Wealth Vijay Prasad, Tricontinental (Akos G)

European Disunion

French election: Rivals unite against Le Pen’s far right Politico. Recall that normally, only two candidates qualify per race for the second round. However, French rules provide that any candidate that exceeds 12.5% of the number of voters (I assume registered, French citizens welcome to pipe up) also qualifies. The turnout was so high that in quite a few districts, third candidates qualified, hence the scramble to agree on dropouts.

Poland’s Tusk rails at fractured defense planning in jibe at Germany’s Scholz Politico (Kevin W)

Old Blighty

The UK’s Housing And Immigration Crisis In Charts Ian Welsh

Gaza

‘Death Penalty a Solution’ – Ben-Gvir Adamant On Overcrowding in Israeli Prisons Palestine Chronicle (Kevin W)

From last week, still germane:

In Gaza dying of starvation is much worse than dying from bombs Middle East Eye

Gantz blasts settlers who attacked forces evacuating illegal West Bank outpost: ‘A red line’ Times of Israel

Rashid Khalidi The Neck and the Sword Interviewed by Tariq Ali New Left Review (Akos G)

New Not-So-Cold War

Ukrainian Air Force’s Greatest Loss So Far: Top Fighter Unit’s Su-27s Neutralised in Missile Strike Military Watch

What happens next in Ukraine’s debt negotiations could change the course of the war The Conversation (Kevin W). The framing is bothersome in that it presupposes that Ukraine and the West, as opposed to Russia, are in charge of Ukraine’s destiny. But this deadline puts paid to the idea that monies to Ukraine can be constituted as loans. Kevin W adds:

I understand that crunch time for the bond holders comes August 1st and the IMF loans not long after. And that there are two options – either those bond holders take a severe haircut or else there is a default as mentioned in this article. The Ukraine is bust so can’t pay that money back so maybe Washington will organize a bailout. The Republicans will be thrilled with that one. Can the Ukraine print their way out of this one? Maybe. Either way, there will have to be a resolution by the end of the month. Zelensky may have to go on the road again to try to raise some money but that is a plus for him as he is safer outside the Ukraine than inside

Big Brother is Watching You Watch

It’s completely invasive’: New app lets you spy on SF bars to see if they’re poppin’ San Francisco Standard

Imperial Collapse Watch

U.S. faces aircraft carrier shortage as tensions rise everywhere Nikkei

Trump

Manhattan DA’s office says it will not oppose Trump request to delay hush-money sentencing – live Guardian

Judge delays Trump’s hush money sentencing until at least September after high court immunity ruling Associated Press (Kevin W)

Biden

Democrat Leaders Convince Biden He Already Stepped Down Yesterday Babylon Bee

Democratic Unity Cracks in Wake of Biden’s Debate Performance Wall Street Journal. Lead story.

Biden under new pressure to quit race as Democratic disquiet spreads Financial Times. Lead story.

Biden faces mutiny as TWENTY-FIVE Democrats prepare to call for ailing president, 81, to step aside after his disastrous debate against Trump – as one warn issues chilling warning Daily Mail. Lead story.

Is Joe Biden the Worst Option for Democrats to Beat Trump? Intercept

Most US voters prefer different Democratic candidate than Biden for 2024 presidency: Poll Anadolu Agency

Trump Raises $331 Million in a Quarter, Topping Biden Bloomberg. No wonder I’ve seen a barrage of YouTube ads begging for money for Biden before “a fundraising deadline” which was actually a reporting deadline.

Kamala Harris needs an open convention if she’s going to beat Trump Ryan Grim. A theory I have heard is the best chance for Team Dem to beat Trump is for Biden to resign, and Harris to be Prez for a few months before the election. She would (have to) convince voters she could do the job by doing the job. Given that most voters will recognize that a vote for Biden is a vote for Harris (as in the odds of him making it through a full second term do not look great), this is not a crazy idea…save for getting Jill Biden to go along.

Jake Tapper whips out George Orwell quote to warn Americans about the Democratic Party’s tactics: ‘Make no mistake’ The Blaze (Chuck L)

Note the fact of the leak = more efforts to get Biden to relent:

Biden blames jet lag and travel for poor debate performance BBC. Lordie. If you are explaining, you are losing. His trips were only to Europe and he had six days to rest, FFS.

Diseased, demented, depressed: serious illness in Heads of State QJM: An International Journal of Medicine. Paul R: “From 2003. Seems relevant right now because Biden.”

GOP Clown Car

My unsettling interview with Steve Bannon David Brooks, New York Times (Marv G). Important

Supremes

Age of Rage: Critics Unleash Threats and Abuse on the Court Following the Presidential Immunity Decision Jonathan Turley

Is the President Above the Law? Sam Husseini

Supreme Court orders rethink on Texas, Florida laws banning web moderation The Register. So many big decisions, this one hasn’t gotten as much notice as it might deserve

Antitrust

Governing in the Political Twilight Zone Matt Stoller

AI

Silicon Valley USA: are these ‘patriots’ mere harbingers of doom? Responsible Statecraft

Brazil Data Regulator Bans Meta From Mining Data To Train AI Models Associated Press

AI Trains On Kids’ Photos Even When Parents Use Strict Privacy Settings ars technica

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices Associated Press (Kevin W)

Class Warfare

The Bleak Genius of Michel Foucault Compact Magazine (Anthony L)

Why Cheap Toilet Paper Sets Off Alarm Bells Among Some Investors Wall Street Journal (Dr. Kevin)

Antidote du jour. mgl quotes Alaska Daily News:

About 50 wood bison graze in a field at UAF’s Large Animal Research Station on June 19. The bison, transported to Fairbanks from Canada in April, will be barged to Minto Flats State Game Refuge in July as part of the Alaska Department of Fish and Game’s wood bison restoration project.

One hundred wood bison, most held for years at the Alaska Wildlife Conservation Center south of Anchorage, were flown to a pen near Shageluk in April 2015. Thirty more arrived by barge later that year.

See yesterday’s Links and Antidote du Jour here

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