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HomeGlobal EconomyLinks 8/6/2025 | naked capitalism

Links 8/6/2025 | naked capitalism

Hiroshima marks 80 years as US-Russia nuclear tensions rise Agence France-Presse

Lightning Kills Way More Trees Than You Would Ever Believe ScienceAlert (Dr. Kevin)

Titan implosion that killed all five on board was ‘preventable’, says report BBC (Kevin W)

Fraudulent Scientific Papers Are Rapidly Increasing, Study Finds New York Times

Our Brain—Immune Axis Gets A Jolt Eric Topol (Robin K)

COVID-19/Pandemics

Global outbreak fears surge as virus in China prompts quarantines and thousands of new cases are reported Daily Mail

Climate/Environment

Fire in southern France burns 8,000 hectares Le Monde

The surprising reasons floods and other disasters are deadlier at night Grist

‘Maddening’ Proof Plastics Industry Knew Recycling Was False Solution in 1974, New Document Shows DeSmog

China?

China’s high-speed rail nears 50,000km milestone – but debt and profit concerns mount South China Morning Post

China Deploys its Most Heavily Armed Nuclear Submarine Class For New Operations Military Watch

Africa

Trump’s Africa deal: Peace plan or power grab? Aljazeera

AFRICA/DR CONGO – Ituri youth peace demonstration marked by Komanda church massacre Agenzia Fides

South of the Border

US steps up efforts to help Bolsonaro avoid jail over alleged coup plot Guardian (resilc)

European Disunion

Fyodor Lukyanov: Europe’s last security project is quietly collapsing RT

How a fertiliser crunch made Europe’s defence industry more vulnerable Euractiv

Germany’s bizarre selective outrage: legitimising extremists abroad while delegitimising democracy at home Ciarán O’Regan

Their families fled the Nazis. Facing Trump, US Jews are making Germany ‘Plan B’ France24 (resilc)

F-35 Not Purchased, FCAS is Falling Apart: Spain Faces Sad Prospect of Being Left With 4th-Gen Fighters Defense Express (resilc)

Estonia to solve wild boar meat surplus by sending it to Ukraine err.ee Micael T: “‘…spread of African swine fever’- so now the Ukrainians know what the Estonians really think of them. “

Old Blighty

Rachel Reeves needs to put up taxes to cover £40bn deficit, thinktank says Guardian

Israel v. The Resistance

With No Governing Alternative in Gaza, Israel’s Push for Hamas to Disarm Is a Pretext for Forever War Haaretz (resilc)

Bennett: Israel’s status in US ‘has never been so bad,’ it’s becoming a ‘leper state’ Times of Israel (resilc)

US Congressman Khanna leads push to recognise Palestinian state Middle East Eye. resilc: “Too funny.”

Israel evacuates embassy staff in Greece amid anti-war protests: Media Anadolu Agency

‘World has been turned upside-down’: Sa’ar says UNSC, world must condemn Hamas Jerusalem Post

Iran and the Logic of Limited Wars Rand (Robin K). From July, still germane.

New Not-So-Cold War

US Greenlights $200M More in Military Sales to Ukraine Kyiv Post. Couch lint.

Sanctions on Russia’s partners ‘obvious next step’ – US NATO envoy (VIDEO) RT

The Secondary Sanctions Squeeze Moon of Alabama (Kevin W)

About 50 thousand Ukrainian militants and foreign mercenaries may try to break into the Bryansk region TopWar. Micael T: “So it wasn’t enough with 70,000 dead in Kursk? The bloodlust, the bloodlust.”

Big Brother is Watching You Watch

Mastercard wants everyone to have a digital wallet and mDL to make ID like payments Biometric Update. I am opposed to getting a mobile digital license.

Imperial Collapse Watch

The great myth of empire collapse Aeon. Anthony L: “This time will be different. The Holocene is in the mirror.”

The Militarization of Silicon Valley New York Times (resilc). This is news?

IMEC’s imperial illusion: Why the US-backed trade corridor will fail The Cradle

Christian Nationalism’s Plot on Civil Society: The Seven Mountains Mandate Matthew Boedy (resilc)

Trump 2.0

Trump Promised to ‘Drill, Baby, Drill.’ The New Rigs Are Nowhere to Be Found Wired. resilc: “Lots of steel in that rig.”

Fighting Wildfires Is Hellish Work. It’s Even Worse Under Trump. New Republic (resilc)

NASA Satellites That Scientists and Farmers Rely On May Be Destroyed On Purpose NPR

Trump Threatens Federal Takeover of D.C. After Member of DOGE Assaulted New York Times (resilc)

Trump may be off the hook for his 2020 election plot, but his allies aren’t Politico. Lead story.

Health secretary RFK Jr. shuts door on U.S. investment in mRNA vaccine research STAT

* * *

Trump Just Got a Fresh Shot at Bending the Fed to His Will Wall Street Journal

Trump rules out Scott Bessent as Fed chair New York Post

Tariffs

What’s It Like to Deal With Brutal U.S. Tariffs? Ask Malaysia. New York Times (resilc)

Russiagate

Clintons subpoenaed to testify in congressional Epstein investigation BBC (Kevin W)

Meet the 30-Year-Old Far-Right Provocateur Nominated by Trump to Investigate Jack Smith Zeteo

Why my liberal friends disowned me Unherd (Anthony L). “Russiagate drove Americans mad”

GOP Clown Car

Trump and Johnson face escalating GOP revolt on redistricting Axios

Early GOP rift emerges as Congress braces for shutdown fight The Hill

Democrat Death Wish

Where are all the Democratic donations? Angry Bear. A must read.

AI

Microsoft CVP thinks we’ll be ditching mice and keyboards in a future version of Windows in favor of AI chats — “The world of mousing around and typing will feel as alien as it does to Gen-Z to use MS-DOS.” Windows Central (Kevin W)

An Illinois Bill Banning AI Therapy Has Been Signed Into Law Mashable

‘We didn’t vote for ChatGPT’: Swedish PM under fire for using AI in role Guardian (resilc)

Google Agrees To Pause AI Workloads To Protect the Grid When Power Demand Spikes The Registe

The Bezzle

The housing market is a rigged game Steve Keen (Micael T)

Foxconn says EV sales are so slow it’s converting a factory to build AI servers instead The Register

So Long to Tech’s Dream Job New York Times (resilc)

Class Warfare

Buy now, pay later is taking over the world. Good Economist

Versus the discussion by Charlie Kirk starting at 28:30. Recall that Kirk is not even remotely a finance guy but does talk to tons of right-leaning young people, mainly men. If he is hearing about a lot of reports about debt overhang and distress when that is the sort of issue he would not be following, this is a real concern. Recall that the likes of the Economist were all for microfinance, which put people (mainly women) in poor countries in debt traps.

About half of US adults say grocery costs cause major stress, poll finds Associated Press. resilc: “Excluding food and energy is the joke the the century.”

Poorest US workers hit hardest by slowing wage growth Financial Times

For a Few CEOs, Pay Keeps Growing—by the Billions Wall Street Journal. resilc: “Luigisation of USA USA needs to expand greatly.”

Antidote du jour (via):

Links 8/6/2025 | naked capitalism

A bonus (Chuck L):

And a second:

And a third:

See yesterday’s Links and Antidote du Jour here.

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