ECONOMY

Links 8/24/2024 | naked capitalism


Researchers capture video of possible wolf-dog hybrid in northern Minnesota MPRNews (Chuck L)

Looks like Audrey at the start:

New virus that causes ‘staggering disease’ discovered in US – and it can kill pet cats and those in the wild Independent (Robin K)

Long-hidden family scandal in Jamestown colony revealed 400 years later by ancient DNA CNN (Kevin W)

Where crashing cars is the point Economist. I completely get this interest even though I never went to a demolition derby. My absolute favorite toy as a toddler was a crash car.

#COVID-19

Climate/Environment

Amid Changing Climate, Colorado Plans to Restore the Wolverine Undark (Kevin W)

Water-Related Conflict On The Rise Across The World, Study Finds Forbes

Cities are trying to cut down on cars. Some states are standing in their way. Yale Climate Connections

China?

China AI devs using cloud services to game US chip sanctions The Register

Advanced IC packaging is next front in the chip wars Asia Times (Kevin W)

Readouts of Xi-Starmer call Pekinology

Koreas

Why North Korea may find the South’s new vision for unification provocative The Conversation (Kevin W). This is a feature, not a bug. South Korea does not want reunification because it cannot afford it. The unification of West Germany and the GDR due to much lower incomes in the GDR. It was very costly and was “solved” by serious wage repression. The gap between income per capita for South Korea v. North Korea is a chasm compared to that of West Germany and the GDR when the USSR fell. See Reuters in 2024, reporting on a growth surge in North Korea in 2023:

North Korea’s nominal gross national income in 2023 was estimated to be 1.59 million won ($1,147.56) per capita, equivalent to just 3.4% of the South’s 47.25 million won.

Hyper-Aggressive Monetary Expansion Kicks Into Overdrive in Myanmar Irrawaddy

Africa

Fuel scarcity stifles economic activities as SMEs battle mounting losses The Sun (Nigeria)

Sudan: 20 Tons of Life-Saving Medicines Airdropped teleSUR (Robin K)

European Disunion

German Private Sector Contraction Deepens RTTNews

Germany’s far-left disrupter claims credit for limiting aid to Ukraine. Financial Times

Old Blighty

Nigel Farage could be the real winner if Labour lets teens vote Politico (Kevin W)

Royal Society of Medicine embraces ‘tweakments’ and cosmetic surgery The Times (Dr. Kevin)

Gaza

Gaza live: Dozens killed across Gaza as Israeli army forces new displacement Middle East Eye

Israeli opposition leader Lieberman says ‘no more food, no more goods’ into Gaza Middle East Eye (guurst)

Cash crisis worsens already dire situation for Palestinians in Gaza as all banks halt operations Associated Press

* * *

Iran will hit Israel, ball is in US-Israeli court Indian Punchline (Kevin W)

Iran’s response to Israel is coming, with Mohammad Marandi Electronic Intifada, YouTube

* * *

Greek oil tanker on fire and adrift after multiple attacks in Red Sea Aljazeera (Kevin W)

New Not-So-Cold War

Despite Russian Fumbles, Ukraine Continues to Unspool Simplicius

Ukraine to begin production of 155mm shells using Norwegian military technologies Euromaidan (Robin K)

US announces new round of military assistance for Ukraine Aljazeera. $125 million does not rise to the level of being couch lint.

Here’s why Russia won’t talk to Ukraine RT (Robin K)

Syraqistan

Iraq and Turkiye: A strategic realignment amidst regional shifts The Cradle

Big Brother is Watching You Watch

Microsoft plans Windows security overhaul after CrowdStrike outage Financial Times (Kevin W). This announcement is very late in coming.

Imperial Collapse Watch

The American Empire is Losing Money in Europe. Will It Abandon Europe Glenn Diesen (Micael T)

Navy Could Sideline 17 Support Ships Due to Manpower Issues USNI (Kevin W)

Airpower on a budget: US to revive light fighter concept Asia Times (Kevin W)

Trump

X and Meta Employees Meet With MAGA Hub Sludge (TF)

I doubt this is a winning to pitch to anyone other than the stereotypical California health obsessive who has the time and money to eat only very pure foods (according to their standards) and experiment with alternate treatments (which IMHO can be very helpful but finding good modalities and then practitioners within them is often hit or miss). That cohort is not big enough to sustain a campaign and I am not sure even rich enough in total even to give much of a boost. But perhaps all of this talk about health is to cover for a plan to make RFK, Jr. head of the CIA, which would get him or Trump killed were anyone to get word.

However:

Kamala

Harris’ Hollow Words on Gaza Daniel Larison

“She’s completely incompetent!” | Norman Finkelstein is not impressed with Kamala Harris Smart Cookies, YouTube (britzklieg). From two weeks ago but refreshingly unabashed.

GOP Clown Car

Republican-led States Challenge Effort to Aid Undocumented Spouses New York Times

Our No Longer Free Press

Has the Online Left Given Up? Jacobin (UserFriendly). I never knew the “Online Left” was A Thing. Nevertheless, the successful Democrat neutering of Sanders played a big role.

There can be no freedom without free speech Scott Ritter (Chuck L)

Antitrust

Justice Department Sues RealPage, Alleging It Enabled Price-Fixing On Rents CBS

Mr. Market Gets What It Wants

Fed’s Powell, in policy shift, says ‘time has come’ to cut rates Reuters (Kevin W)

The last great engine of the world economy is sputtering out Telegraph

Rate cuts won’t prevent a recession and the economy is deteriorating ‘quite rapidly,’ investment strategist says Business Insider

Quantitative Tightening Goes Global for the First Time, in Test for Markets Bloomberg

Bank of Japan governor Kazuo Ueda warns global markets are ‘unstable Financial Times

Guillotine Watch

Elon Musk was just forced to reveal who really owns X. Here’s the list Yahoo! Finance (Kevin W)

Class Warfare

Canada forces arbitration in freight train labor dispute to avert economic crisis. Union cries foul and later Canadian union threatens to strike against freight railroad hours after trains resume service Associated Press (Kevin W)

Railway Shutdown Threatens Agriculture And Bill Gates Is The Largest Share Holder Of CN Rail!! Odysee (DO)

“Greeks can have vacations in the village, not on the islands,” says Minister Defend Democracy (Micael T)

Revisiting How Many People Have Filed Bankruptcy Credit Slips

Antidote du jour. Tracie H: “This is a skipper butterfly spotted on a brief stroll around the seaside town of Corona Del Mar (California) – The butterfly was kind enough to let me intrude on its flower visit”

A bonus (Chuck L):

And a second bonus. The word “heroic” is used too casually in the US. This man took real risk and so IMHO the label fits:

And another bonus:

See yesterday’s Links and Antidote du Jour here.

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