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HomeGlobal EconomyLinks 8/12/2025 | naked capitalism

Links 8/12/2025 | naked capitalism

Jellyfish force French reactor shutdowns, strain grid Euractiv

So bad they’re good – why do we love terrible films? BBC (Robin K)

Learning Greek – A Practical Guide Spengler (Micael T)

#COVID-19/Pandemics

Measles Cases by State in 2025 Visual Capitalist

Climate/Environment

No hope for Pyrenean glaciers Annals of Glaciology (guurst)

Satellites watch France’s largest wildfire in 75 years burn an area larger than Paris Space

Cyprus on the brink as government to pay for water tankers in race for drinking water In-Cyprus

Iraq Grapples with Severe Drought, Urges Turkey to Restore Water Share Kurdistan24

Iran Battles Wave of Forest and Grassland Fires Across 11 Provinces Amid Heatwave and Drought Iran News Update

Japan’s Rice Crop at Risk as Farms Face Record-Breaking Heat Bloomberg

Biochar From Human Waste Could Solve Global Fertilizer Shortages, Study Finds Guardian

Seeing the Forest for the Trees James Hansen:

Climate sensitivity is substantially higher than IPCC’s best estimate (3°C for doubled CO2), a conclusion we reach with greater than 99 percent confidence.

Capitalocene and biotariate: new eco-social class struggle vientoSur via machine translation (Micael T)

China?

U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China New York Times (resilc). Conor had a preliminary report from Reuters yesterday.

Trump Extorts Companies To Pay Taxes On Exports Moon of Alabama

China urges local firms not to use Nvidia’s H20 chips, Bloomberg News reports Reuters. BWAHAHA

China’s push to promote its currency accelerates with landmark Fortescue loan South China Morning Post

China’s unemployed young adults who are pretending to have jobs BBC

India

Modi’s American embrace backfires badly on India Asia Times (Kevin W). Very good on the military/arms part but gets the tariffs wrong. Nearly all of India’s exports were exempted from the surcharge ex diamonds and other gemstones.

Africa

Nigeria: Military says dozens of gang members killed DW

Rwanda-backed rebels have killed at least 80 civilians in recent weeks, Congolese authorities say Associated Press

South of the Border

The unprecedented feud between the US and Brazil Financial Times

Mexico’s $4 billion gamble: The Interoceanic Corridor reshaping global trade Interesting Engineering (Robin K)

Blackwater founder Erik Prince pitches deployment of US mercenaries to South America WSWS (Micael T)

European Disunion

Europe builds for war as arms factories expand at triple speed Financial Times. Lead story.

EU staff revolt over Gaza stance Politico

Old Blighty

Is the Royal Navy at breaking point or a turning point? Navy Lookout (Colonel Smithers)

Jeremy Clarkson warns of ‘catastrophic’ UK harvest as farmers battle extreme weather and rising costs Business Matters

Israel v. the Resistance

Israel Announces “Final Plan” to Occupy Gaza Simplicius. Also mentions Lebanese government plan to disarm Hezbolllah. Alastair Crooke says that will produce civil war, an outcome Israel would likely see as an acceptable fallback.

Israel killing all the journalists is just like the mafia killing all the eye witnesses Council Estate (resilc)

Gaza: 49% of Palestinians would leave the Strip to return to live il Fatto Quotidiano via machine translation. DLG:

Aya Ashour is a young woman from the north of Gaza who has written for Fatto Quotidiano since the start of the Israeli invasion and genocide in October 2023. Her large family has been displaced several times and is now in the south. The editors at Fatto Quotidiano, and particularly the essayist / journalist Tommaso Montanari, who is the rector of the University for Foreigners at Perugia, extracted her from Gaza about four months ago. She is now a visiting researcher there.

Aya Ashour has been very effective in getting information out about life on the ground in Gaza.

Britain moves to hide its Gaza spy flights Asa Winstanley

The Brainrot of a Nazified Society BettBeat

Israel Is Not an Ally—It’s a Liability American Conservative (resilc)

Caucasus

Zangezur or bust: A US corridor scheme meets an Iranian red line The Cradle

New Not-So-Cold War

Europe and Ukraine leaders seek talks with Trump to defend their interests ahead of US-Russia summit Associated Press (Kevin W)

I Guess They Get The Message … Andrei Martyanov. On another summit fantasy, of a big Arctic energy deal. That does not mean that Russia might not throw a bone to the US so as to give Trump something to spin.

Expectations Soaring for Friday’s Putin / Trump Summit Larry Johnson

Lt Col Daniel Davis: Putin in ‘NO LOSE’ and Trump in ‘NO WIN’ Situation Ahead of Alaska Summit Rachel Blevins, YouTube

Half-baked Alaska Julian Macfarlane

Moscow hopes Putin-Trump meeting will give impetus to bilateral relations – Russian Deputy FM Ryabkov Interfax

The Yermak enigma I Events in Ukraine

Imperial Collapse Watch

The New Global Trade Disorder The Economist Gadfly via machine translation (Micael T)

Do The Same Sorts Of People Lead All Societies? Ian Welsh (Micael T)

Trump 2.0

Trump Rages at Nobel-Winning ‘Deranged Bum’ in Late-Night Meltdown Daily Beast. Trump really is losing his mind. Punching down is both a bad look and an admission of weakness. First Medvedev, now Krugman.

Secretary of Defense Pete Hegseth promotes repealing women’s right to vote Popular Information (Dr. Kevin)

Trump to seize control of DC police department, activate National Guard The Hill

Trump Sends National Guard to D.C., Threatens Chicago With the Same Michael Shedlock. Why aren’t more libertarians outraged?

Leaked DC Troop Deployment Order Ken Klippenstein

“Federalizing” D.C. Steve Vladek

Tariffs

Trump announces another 90-day pause on China tariffs Guardian (Kevin W)

Trump Says Gold Imports Won’t Be Tariffed in Reprieve for Market Bloomberg. I suspect that someone on Team Trump pushed the tariffs on the gold bars to help Comex, as some experts argued, but when the noise from goldbugs started, Trump TACOed again.

High costs after tariffs pose threat to Trump and GOP The Hill. Gee, ya think?

Democrat Death Wish

When Did Republican Women Get to Be So Vile as These Four? New Republic. Misogyny is never a good look for soi-disant liberals. resilc: “I could name several DNCerzzzzzzz starting with her majesty Hilliary. Moi: Add Debbie Wasserman Schultz and Neera Tanden.

Newsom leans into AI as ‘the future’ in new policy announcement SFGate (Paul R)

Economy

How AI, Healthcare, and Labubu Became the American Economy Kyla Scanlon (resilc). Important.

Restaurants are under threat as costs skyrocket and consumers cut back CNN (resilc)

Las Vegas servers see their tips drop 50% amid high prices and tourism decline Fox News. resilc: “But now tax free. No tax on nothing = nothing.”

Mr. Market Is Moody

Why world must heed boy crying wolf over risk of financial crisis South China Morning Post

TIPS investors face a ‘sky is falling’ moment TIPS Watch (resilc)

AI

LLMs’ ‘Simulated Reasoning’ Abilities Are a ‘Brittle Mirage,’ Researchers Find ars technica. Underlying paper here

AI Is A Money Trap Ed Zitron (Bugs). From last week, still germane.

The dead need right to delete their data so they can’t be AI-ified, lawyer says The Register

The Bezzle

These Cars Will BANKRUPT You — Consumer Reports Reveals the WORST Vehicles of 2025! YouTube (resilc). Important as an indicator of auto industry predation.

How big trucks and SUVs gobbled up the entire auto industry The Verge (Micael T)

Out of nowhere, Teslas are suddenly clogging a Calif. neighborhood, locals say SFGate. Paul R:

This is in LA. Dozens (at least) of Teslas with temporary license plates have shown up in neighborhood parking spaces, being moved around every few days to avoid being ticketed. The implication is that these are unsold inventory from Tesla or a big local dealer, but the reporter was unable to confirm this so she doesn’t come out and say so directly. Another Elon shell game I guess.

The Air Force is buying Cybertrucks — to blow them up Boing Boing (resilc)

GM Plans Renewed Push On Driverless Cars After Cruise Debacle Seeking Alpha

OpenAI’s CEO Sam Altman says in 10 years’ time college graduates will be working ‘some completely new, exciting, super well-paid’ job in space Fortune (Kevin W). Even if this were to work (not), it’s another “die faster”. Being in space for meaningful amounts of time exacts a huge health cost, such as loss of bone density and muscle mass and exposure to radiation.

Guillotine Watch

San Francisco estate auction offers peek into Dianne Feinstein’s private world SFGate (Paul R)

Class Warfare

The return of the American Left Unherd

Goodbye, $165,000 Tech Jobs. Student Coders Seek Work at Chipotle. New York Times.

Antidote du jour (via):

Links 8/12/2025 | naked capitalism

And a bonus:

A second bonus:

And a third:

See yesterday’s Links and Antidote du Jour here.

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