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HomeGlobal EconomyLinks 7/30/2025 | naked capitalism

Links 7/30/2025 | naked capitalism

Evacuations in Japan and US as major earthquake off Russia triggers widespread tsunami warnings BBC. Live blog.

Tsunami warning issued for Japan’s Pacific coast, high waves observed NHK

July 2025 Mega Tsunami Predicted In Japanese Manga: What To Know Newsweek

* * *

400-million-year-old fish exposes big mistake in how we understood evolution ScienceDaily (Kevin W)

Protecting the Developing Mind in a Digital Age: A Global Policy Imperative TandonOnline (resilc). That horse has left the barn and is in the next county.

Children to be banned from having YouTube accounts as Albanese government backflips on exemption Guardian (Kevin W). One upside of being not a first world country is parents can’t afford to dedicate a device to a kid to serve as baby-sitter. Wonder if we’ll see payoffs as they become adults.

New Guideline Backs Some Blood Tests for Alzheimer’s Disease Diagnosis MedPage. I have asked the members fo the Covid brain trust if the science/testing is as far advanced as this change would have you believe.

#COVID-19

Climate/Environment

Abrupt collapse of Arctic sea ice may come with little warning Earth

Severe Drought Threatens 25% of Crops in Russia’s Agricultural Heartland Moscow Times. Note a neocon publication, but that does not make it wrong on this topic.

Trains halted by shrinking peat affecting tracks BBC

Israel faces unprecedented drought crisis as water shortages loom Ynet

Water scarcity in Pakistan — a geopolitical ticking time bomb Dawn

Heavy rain causes flooding, evacuations and at least 38 deaths around Beijing region Independent

China?

Donald Trump blocks Taiwan’s President Lai Ching-te from New York stopover Financial Times

I drove the cheap Chinese cars that are illegal in the USA. Now I know why YouTube. From a few months back, still germane.

India

Apple Shift Turns India Into World’s Top Maker of US Smartphones Bloomberg

Trump says US intends to impose 25% tariffs on goods from India TASS

European Disunion

Sundown on the Potemkin Empire: Trump’s Trouncing of Ursula Makes For Great Theater, But Little Else? Simplicius. The fact that the EU is going to be buying weapons largely from the US to continue its US-created conflict with Russia (and where US propaganda has succeeded enormously in depicting Putin as a monster) is the vassalage here. This piece also underplays the tariffs. Eve at 15%, they are damaging particularly for EU agriculture, which was sold out to get a better rate for German automakers and unlike China, the EU lacked the leverage to punch back. However, it is correct to point out that the $750 billion in LNG buys and the $600 billion in investment are empty promises. Shades of Trump’s Ukraine “raw earths” deal.

What remains to be negotiated and decided after the EU-US trade deal Le Monde

Israel v. The Resistance

Israeli settler kills West Bank activist who worked on Oscar-winning film Aljazeera (resilc)

Netanyahu’s Forever War in Gaza Is Crushing Israel’s Soldiers and Their Families Haaretz

The Genocidal Partnership of Israel and the United States Juan Cole (resilc)

UK to recognise Palestinian state unless Israel meets conditions BBC (Kevin W). The virtue signaling, it burns.

Is Europe pushing for Palestinian statehood or Palestinian surrender? The Cradle

West Bank: Would Annexation Include Citizenship For The Annexed? Antiwar.com (resilc). HuH? They need to ask?

Israeli tourists face growing anger in Greece while Athens pledges crackdown on protests Politico (Kevin W)

* * *

Trump Threatens ‘Stupid’ Iran Newsweek (resilc)

New Not-So-Cold War

Why is US Intelligence Providing Bogus Numbers of Dead Russian Soldiers? Larry Johnson. Terrific takedown, be sure to read.

Three Dead, 18 Wounded in Russian Missile Strike on AFU Training Site Kyiv Post

No nationwide local elections to be held in Ukraine in 2025 – Central Elections Commission Interfax

Not to an account, but to a volunteer bank. Ukrainians have come up with a new scheme to bypass restrictions on bank transfers Strana via machine translation

Imperial Collapse Watch

World’s Largest Cruise Missile Launched By Russian Nuclear Attack Submarine with Ground and Surface Support Military Watch

Western Pressure On India Over Russia Already Backfired Even If It Partially Complies Andrew Korybko

Trump 2.0

US placed on rights watchlist over health of its civil society under Trump Guardian (resilc)

Exclusive: Inside the Preparations for Trump’s Next Supreme Court Nominee Time (resilc)

Controversial FDA official Dr. Vinay Prasad departs agency CNN (Jason Boxman)

EPA moves to end climate regulation under Clean Air Act Washington Post

‘Open Cruelty’: Transgender Troops Describe Indignities as They’re Kicked Out of the Military Military.com. Lead story. When you’ve lost Military.com….

The Trump Era and The Psychology of Moral Courage Washington Monthly (resilc)

L’affaire Epstein

Trump Says Epstein ‘Stole’ Young Women Working at Mar-a-Lago Spa Time (Kevin W). Trump seems to have lost sight of the rule, “When you are explaining, you are losing.”

Russiagate

Details Buried In Recently Declassified Docs Further Implicate Obama In Russia Hoax The Federalist (Kevin W). This is just whining and diversion unless/until the DoJ indicts some Obama officials.

US media owes Putin apology – Fox News host RT

GOP Clown Car

Paul Dans, Project 2025 Architect, Will Challenge Lindsey Graham for Senate New York Times (resilc)

Democrat Death Wish

Democratic coalition has a crack that is getting bigger The Hill

Democrats turn routine Trump nominees into pitched partisan battles The Hill. So why has this taken so long? But true to form: Senate confirms Emil Bove to appeals court despite whistleblower complaints, controversy The Hill

Mamdani

Poll: New York Dems side with Mamdani on Israel, Netanyahu Semafor (resilc)

Mass shooting becomes Mamdani’s first test as mayoral nominee Politico

When socialists win Democratic primaries: Will Zohran Mamdani be haunted by the Upton Sinclair effect? The Conversation

Groves of Academe

Harvard Is Said to Be Open to Spending Up to $500 Million to Resolve Trump Dispute New York Times (resilc)

Mr. Market is Moody

IMF upgrades global growth forecast as weaker dollar aids world economy Financial Times. Note forecast still lower than before Trump started his tariff threats.

As Trump has pulled back from the highest tariffs, this chart shows the economic shock has eased The Conversation (Kevin W)

AI

Meta Is Going to Let Job Candidates Use AI During Coding Tests Wired (resilc). Remember the scene from the movie version of Edward Snowden, where he beats the other candidates by hours in completing his NSA test? That level of skill is going to rapidly become a thing of the past.

In a bit of synchronicity, just in from reader fjallstrom: AI coders think they’re 20% faster — but they’re actually 19% slower Pivot to AI

Antitrust

Into the Abyss: Trump’s Bizarro New Deal Matt Stoller. Today’s must read. Goes beyond antitrust.

‘Deeply Concerning’: Alarm as Trump DOJ Ousts Top Antitrust Officials Common Dreams

The Bezzle

The General Theory of Enshittification Paul Krugman (Anthony L)

Dog-Walking Startup ‘Wag’ Files For Bankruptcy SFGate

PayPal Expands Crypto Payments For US Merchants To Lower Cross-Border Fees Silicon Angle. So what, 2 FX crosses, from foreign real currency to the crypto back to a different real currency (for most business uses like paying rent and staffers, you need government money), with not just fees but also bid-ask spreads?

Guillotine Watch

Class Warfare

What Is Driving Inflation? Barry Ritholtz. resilc: “The only thing i bought in the last year that wasn’t up massively is a 40″ tv for $118 at WalMuerto.”

Economists Are Struggling to Find Jobs. It’s an Ominous Sign for The Economy. New York Times (resilc)

Antidote du jour (via):

Links 7/30/2025 | naked capitalism

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And a third:

See yesterday’s Links and Antidote du Jour here

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