The Manufacturing Boom’s Hidden Costs Barron’s 

Russia is set to launch Islamic banking: All you need to know Al Jazeera. I wonder what Islamic banking’s views on cash are.

Climate

Hurricane “”Idalia”” threatens parts of Florida with catastrophic storm surge, U.S. The Watchers. As of this writing:

‘Waffle House Index’ is used to determine severity of Hurricane Idalia FOX

Green Colonialism 2.0: Tree Plantations and Carbon Offsets in Africa Oakland Institute

Carbon offsets aren’t helping the planet — four ways to fix them Nature

The summer ahead The Monthly

Solar Boom Spreads to Timberlands and Self-Storage Rooftops WSJ

Wind power industry faces size problem as blades get longer than football pitches FT. Gigantism is never a good sign.

Residential development in Erie, Longmont stalled after wells plugged decades ago start leaking oil and gas Colorado Sun

#COVID19

Former Trump COVID Adviser: We’re Living in ‘Fantasy World’ The Messenger. Commentary:

China?

Goldman Sachs bought UK and US companies using Chinese state funds FT

Commerce chief says US firms complain China is ‘uninvestible’ Channel News Asia

China’s moralising of public policy risks eroding gains in human welfare South China Morning Post

Myanmar

Myanmar and the Death of ASEAN The Irrawaddy

India

Today’s India Has All the Markers of a Failing Democracy. But the Situation Is Not Irreversible. The Wire

Africa

Gabonese soldiers announce they have seized power Anadolu Agency

Syraqistan

Saudi Arabia: Man Sentenced to Death for Tweets Human Rights Watch

European Disunion

Rod Dreher’s BFF (sorta):

Albania: Europe’s hidden haven for digital nomads Sifted. Some damned thing in the Balkans, dude.

Zijin mulling multi-billion dollar expansion of Serbian copper mine Mining.com. Normally, I don’t like to include links about decisions that might be made, but this is interesting.

Dear OId Blighty

UK air traffic chaos ‘not result of cyberattack,’ says transport minister Anadolu Agency. Well, that’s a relief!

New Not-So-Cold War

Escaping Attrition: Ukraine Rolls the Dice Big Serge Thought. “Ukraine may not be interested in a war of attrition, but attrition is certainly interested in Ukraine.” Grab a cup of coffee, this is an excellent read. It occurs me that we might need a new unit, call it The Zelensky Unit, following the precedent of The Friedman Unit*. The Zelensky Unit = X months starting from when Ukraine trains up a new army and ending when the Russian meatgrinder spits it out, and the cycle begins anew. It’s my impression that Z has been shortening over time, so perhaps Z is not a constant, like the Friedman Unit, but decays. Interestingly, a potential culmination point for our proxy war in Ukraine could be expressed in Z units; in fact, I’d argue we have 1 (one) Zelensky Unit to go. Yves wonders whether there’s a prediction market for the date of Ukraine’s culmination point; given our embubblement and penchant for self-delusion, I’d argue no. NOTE * Coined by Atrios.

Luxurious Villa owned by Ukrainian President Volodymyr Zelenskyy’s Family Discovered On Egyptian Coast Punch. What, no airstrip? (Accompanying YouTube disabled, so I assume the story is authentic.)

An evacuation order finds few followers in northeastern Ukraine despite Russia’s push in the region AP

Ukraine’s real killing fields: An investigation into the war’s first aid crisis The Spectator

Ukraine SitRep: Topography Shapes The Battle Field – Abysmal Medical Service Causes Death Moon of Alabama. Two, two, two posts in one. The second, “first aid crisis,” cites to The Spectator above.

Western funding is key to the Ukraine counteroffensive: How long can that support go on? France24. Either well before the Democratic National Convention in 2024, or after the election. Could depend on when Ukraine’s culmination point is, and whether we get that right!

Volodymyr Zelenskyy: The United States and the EU should share the risks of possible elections in Ukraine during the war President of Ukraine

The Case for Negotiating with Russia The New Yorker. From denial, to anger, to bargaining… Now, what would be really interesting is if some “Russian scholar” could come up with an article entitled “The Case for Negotiating with the United States,” from the Valdai Discussion Club or similar. I’m guessing no. Russia mavens?

Ukraine’s Future Isn’t German or Israeli But Korean Bloomberg. Let me know how that works out.

Why the US and Europe Still Buy Russian Nuclear Fuel Bloomberg

He pleaded for F-16s for Ukraine but died in a crash before he could fly one WaPo. I was guessing the photo would be a baby, but I was wrong; it’s a grieving family.

Biden Administration

After Supreme Court Forces Its Hand, E.P.A. Curbs Wetlands Protection NYT

Democrats Déshabillé

Retirees Crash Adams Event to Blast Medicare Advantage Plan The City (MR).

Digital Watch

AI could choke on its own exhaust as it fills the web Axios. “Exhaust”? Why use euphemisms when you can use a word like autocoprophagous?

Behind the AI boom, an army of overseas workers in ‘digital sweatshops’ WaPo. Naturally. 

ChatGPT is a stunning intellect David Llewellyn-Smith, Macrobusiness. Or post-structuralism is (a) bullshit and (b) massively over-reresented in the training sets.

The end of the Googleverse The Verge

Web Scraping for Me, But Not for Thee (Guest Blog Post) Technology & Marketing Law Blog

The Bezzle

America’s financial cops say Impact Theory’s NFTs were unregistered securities The Register

Groves of Academe

University cuts itself off from internet after mystery security snafu The Register

University of Minnesota faces lawsuit over potentially massive data breach Star Tribune

Healthcare

Ohio Medicaid seeking public comment on changing estate recovery rules through Wednesday Dayton Daily News. We first posted on so-called “estate recovery” in 2014. Nine years, and nothing has been done.

Zeitgeist Watch

Tracking Orwellian Change: New Meanings of “Deep State” and “Working Class” Matt Taibbi, Racket State. Back in the dear dead days of the Blogosphere, glossary projects like this were a genre. Kudos to Taibbi.

This special ops leader secretly ran a popular military meme page — here’s how it helped him do his job FOX

Class Warfare

Alienation Under Capitalism and the Conspiracy Pipeline Agonas. Well worth a read.

Labor unions are pushing hard for double-digit raises and better hours. Many are winning CNBC

Regressive and Passive UFT Pales Behind Aggressive and Progressive Unions: Is it the Leadership or Membership? Ed Notes Online

“”Now We Can Begin””: Annotated JSTOR. Crystal Eastman

Of science friction and chocolate fireguards Splash 247. Fun!

Could the Universe be a giant quantum computer? Nature

How to Knife Throw: An Essential Guide to a Very Cool Skill Field & Stream

Antidote du jour (via):

See yesterday’s Links and Antidote du Jour here.

Print Friendly, PDF & Email
This entry was posted in Guest Post, Links on by Lambert Strether.

About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.