Yellowstone National Park’s oldest wolf gave birth to 3 pups this spring Scripps (Furzy Mouse)

Governors and Heads of Supervision reiterate commitment to Basel III implementation and provide update on cryptoasset standard Bank of International Settlements

Financial capital is not scarce, so why do we pay so much for it? Funding the Future

Novel Evidence of Macroeconomic Regime Change Policy Tensor. “Tight labor markets.” But why? ‘Tis a mystery!

The Global Loss of the U-Shaped Curve of Happiness After Babel

Climate

Have feedbacks taken over? Arctic News

How does the Southern Annular Mode control surface melt in East Antarctica? Securing Antarctic’s Environmental Future

La Niña switch expected to fuel extreme weather later this year FT

Future energy demand does not need new fossil fuels, study says FT

Unity co-founder David Helgason’s next act: Gaming the climate crisis TechCrunch

Why a tool to tackle climate change is struggling for cash BBC

Don’t cut them down: Letting dead trees rot can help make new life National Geographic

Water

Burst pipes in Atlanta leads to water outages, boil water notices The Hill

Syndemics

It wasn’t just rats. Body lice may have helped spread bubonic plague. WaPo. Know Your Plagues!™

Why The Biggest Threat from Bird Flu is Neoliberal Propaganda Jessica Wildfire, OK Doomer

Now, Portugal:

For a pandemic that’s so over, Covid certainly seems to be not over at all.

‘Tis a mystery:

NPR means “Lebensunwertes Leben” but saying that out loud would be crude:

Military Pilots Reported 1,700% More Medical Incidents During the Pandemic. The Pentagon Says They Just Had COVID Military.com

NIH documents show how $1.6 billion long Covid initiative has failed so far to meet its goals STAT. Or not.

China?

China probe successfully lands on far side of Moon Agence France Presse

What Produced the China Miracle? Foreign Policy. Concrete material benefits…

Has a ‘Thucydides’ Trap’ been set? Political scientist Graham Allison gauges risks that could send US-China tensions into armed conflict South China Morning Post

Russia-China gas pipeline deal stalls over Beijing’s price demands FT

Malaysia’s chip industry falls in crosshairs of US sanctions on Russia Al Jazeera

Heavy metal hijabi band Voice Of Baceprot on playing at this year’s Glastonbury Festival Channel News Asia

Syraqistan

Israel has accepted most of the broad outlines of Biden’s proposal on Gaza cease-fire: Local media Anadolu Agency

US expects Israel will accept Gaza ceasefire plan if Hamas does BBC

‘We will not accept the rule of Hamas in Gaza at any stage’: Israel Al Jazeera. The idea seems to be that war aims can be achieved by mere intransigence, and not on the ground. Israel isn’t the only country suffering from this delusion.

What happens when the Houthis stop shooting Splash 247

Why Did America Stumble Into a Trap in Iraq? Foreign Policy. “[F]rom the end of the Cold War, U.S. policymakers proved unable to define national interests and set global priorities, with the result being that there was no way to articulate why one region or country merited more attention than any other.” Rewriting history on the Grand Scale; see Sachs’s interview with Tucker Carlson on the neo-cons (or one of their key pre-Iraq efforts, the Project for a New American Century, which “define[d] national interests and set global priorities” with great clarity and effectiveness, and put Iraq squarely in the crosshairs). “Know your enemy and know yourself.” We seem to be astonishingly bad at both.

US State Department official resigns, says US report on Gaza inaccurate Reuters

New anti-Israel encampment forms at Columbia University as school initiates ‘dialogue’ with student leaders FOX

European Disunion

The German climate movement is falling apart over Palestine The New Arab

Dear Old Blighty

Why Labour staffers and MPs don’t say no to ‘power behind the throne’ Sue Gray Guardian (Colonel Smithers). She seems nice.

New Not-So-Cold War

German Defence Minister explains decision to allow Ukraine strike Russia with German weapons Ukrainska Pravda. Commentary:

Spreadsheet thinking…

China, Saudi Arabia to to stay away from Ukraine peace summit BNE Intellinews

Zelenskiy accuses China of deterring countries from going to peace summit Guardian. Somebody call a wh-a-a-a-m-bulance….

Zelenskyy to go to Philippines after Singapore Ukrainska Pravda

Global Elections

India’s Modi eyes election victory, top opponent back behind bars Channel News Asia

Trump is now a convicted felon. Here’s what that could mean for his rights ABC. Among the consequences of Trump being in New York’s criminal justice system would be a complete physical and mental examination, among other things; see Water Cooler here.

Johnson in Trump verdict aftermath: ‘I do believe the Supreme Court should step in’ Politico

Commodities, shipping in focus in watershed South African election S&P Global

South of the Border

Choice of next Mexico president almost certain; her energy policy, not so much S&P Global

How Claudia Sheinbaum Could Change Mexico The New Republic

Supply Chain

Singapore is new chokepoint in global supply chains Seatrade Maritime

Customs brokers under scrutiny as US CBP confirms ecommerce crackdown The Loadstar

Digital Watch

Researchers crash Baidu robo-cars with tinfoil and paint daubed on cardboard The Register. The deck: “The fusion of Lidar, radar, and cameras can be fooled by stuff from your kids’ craft box.”

Healthcare

Hospitals are killing patients because they don’t feel like doing infection control The Guantlet

The Insulin Empire The Baffler

Zeitgeist Watch

Doctor Who, the Traveling Time Lord JSTOR. Smooth sailing now that Disney is involved.

Groves of Academe

The University of the Arts is closing June 7, its president says The Inquirer

Boeing

Emirates president asks Boeing for compensation over 777x delays Arab News

How Emirates’ President Believes Boeing Can Fix Its Production Issues Simple Flying

The Final Frontier

Artemis Accords: What are they & which countries are involved? Space.com

Housing

Hell Is an Underwater Landlord Maureen Tkacik, The American Prospect

Why N.Y.C. Hotel Rooms Are So Expensive Right Now NYT. Why not now:

The Supreme Court case that could impact the homeless coast-to-coast CBS

Guillotine Watch

The Dark Stain on Tesla’s Directors Lawrence’s Substack. Elon’s package.

Class Warfare

Boeing, firefighters settle contract, ending lockout Leeham News and Analysis

Violent doodles made by children 2,000 years ago raise eyebrows FOX

Why Did Primates Evolve Big Brains? It Might Not Be The Reason You Think Science Alert

Antidote du jour (H. Zel):

Go for that yacht, buddy!

See yesterday’s Links and Antidote du Jour here.

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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.