What Jay Powell should say at Jackson Hole FT

TD Bank Sets Aside $2.6 Billion for Possible U.S. Anti-Money Laundering Penalties WSJ

Revisiting How Many People Have Filed Bankruptcy Credit Slips

Climate

How to Force Capitalism to Stop Climate Change Foreign Policy

AI tech giants hide dirty energy with outdated carbon accounting rules Business Standard

The gigantic and unregulated power plants in the cloud Bert Hubert’s Writings

‘We’re changing the clouds’: Unintended geoengineering test is warming the Atlantic Earth.com

Water

Large number of customers starting lawn-watering cycles on Mondays is stressing Denver Water’s system Colorado Sun

The Strange Heat Island Lurking Beneath Minneapolis Atlas Obscura

TechCrunch Minute: This startup wants to mine water on the moon TechCrunch

Syndemics

A new Covid vaccine is expected soon. Here’s the best time to get it NBC

Novavax Stock Rocketed This Year, But Challenges Persist. Is It A Buy Or A Sell? Investor’s Business Daily

Health officials recommend curfew in Mass. town as community faces critical EEE risk Boston25. EEE = Eastern Equine Encephalitis.

Could Mpox Become Established in the Indo-Pacific? The Diplomat

China?

China says it is ‘seriously concerned’ about US nuclear strategic report Channel News Asia

Humanoid robots steal limelight at WRC 2024 CGTN

PwC braced for 6-month ban in China over Evergrande audit FT

India

COMMENT: India booms, but is it structural growth story of the century or domestic investors’ irrational exuberance BNE Intellinews

Syraqistan

USS Abraham Lincoln strike group arrives in Middle East Anadolu Agency

A Look at Iran’s First Ever Aircraft Carrier: Shahid Bagheri Promises to Expand Reach of Stealth Drone Fleet Military Watch

America The Ugly Clyde Prestowitz (!), Clyde’s Newsletter. Commentary:

Africa

Koch Invests in Massive Land Grab From West African Herders Exposed by CMD

European Disunion

France’s summer break is ending – and the bitter fight to form a government is back France24

Hungary law could make Ukrainian refugees homeless BBC

New Not-So-Cold War

Scholz believes Ukrainian troops are unlikely to stay in Russia’s Kursk Oblast for long Ukrainska Pravda

Russia Seeks to Turn Humbling Incursion Into Military Gains NYT

Russia says Ukraine’s incursion into Kursk region has ended any possibility of peace talks Anadolu Agency

Ukrainian incursion into Kursk paralyses Russia’s railways BNE Intellinews

Russia and Ukraine Can’t Mount Major Offensives Against Each Other, US Says Bloomberg

As Conflict Escalates, Secret Russian Files Reportedly Reveal Lowered Nuclear Threshold Training (excerpt) Simplicius, Simplicius the Thinker

Ukraine’s Offensive Bolsters Russia’s Separatists Foreign Policy

South of the Border

Fraud Foretold? New Left Review. Venezuela. “A careful consideration of the evidence, then, suggests that the election results are not just difficult but impossible to believe.”

2024

Robert F. Kennedy Jr. to address nation Friday amid reports he will endorse Trump Anadolu Agency

Meet the ‘uncommitted’: How Gaza hangs over Democratic National Convention AL Jazeera

Republicans Kill Civilians For Bad Guy Reasons, Democrats Kill Civilians For Nice Guy Reasons Caitlin Johnstone

Trump or Harris? Moscow Does Not Care Valdai Discussion Club

Who is Philip Gordon, the foreign policy pragmatist with Harris’s ear? FT. See NC here.

Police and FBI investigate maggot incident at DNC breakfast in Chicago WGN

The planet the Democrats live on sounds nice The Guantlet

Spook Country

U.S. Investigating Americans Who Worked With Russian State Television NYT

The right to be left alone Andrew P. Napolitano, New Jersey Herald

Digital Watch

‘Wartime CEO’: Urbit’s Founder Returns in Shakeup at Moonshot Software Project CoinDesk

No Exit Opportunities: Business Models and Political Thought in Silicon Valley American Affairs Journal

An Age of Hyperabundance n+1. Excerpt:

What margins? AI’s business model is changing fast, says Cohere founder TechCrunch

Antitrust

What Happens When a CEO Destroys Evidence in an Antitrust Trial? Matt Stoller, BIG

Ticketmaster Used Revolving Barcodes to Control Ticket Resale Market and Surveil Customers, DOJ Alleges 404 Media

Zeitgeist Watch

US hospital told family their daughter had checked out when in fact she’d died Guardian (DS). DS writes: “CalPERS isn’t running the only cover-up in Sacramento. Waiting a year to file a Death Certificate (required in 15-days by law) suggests hiding malpractice, and failing to ever inform the family who spent a year searching for her smacks of wanton cruelty. No mention of any investigation by the State Medical Board here or in the SacBee coverage. Words fail me.”

Supply Chain

US uranium production bounces back from steep decline in recent years: EIA S&P Global

The Final Frontier

Colossal rogue object spotted shooting through space at 1million mph and Nasa scientists are baffled about what it is The Sun

Robotic Russian Progress 89 cargo ship docks at ISS with tons of fresh supplies (video) Space.com

Sports Desk

‘More and more’ – The unusual cosmetic step Man City star has taken to improve athletic performance Manchester Evening News

Class Warfare

How US Big Tech monopolies colonized the world: Welcome to neo-feudalism Geopolitical Economy Review

You Say You Want a Revolution Charles Hugh Smith, Of Two Minds

C L R James and America Aeon

Bioaccumulation of Microplastics in Decedent Human Brains Assessed by Pyrolysis Gas Chromatography-Mass Spectrometry (preprint) Research Square. N = 12. From the Conclusion: “The parallels between the present data showing an increasing trend in [Micro- and NanoPlastics (MNP)] concentrations in the brain with exponentially rising environmental presence of microplastics and increasing global rates of age-corrected Alzheimer’s disease and related dementia, given the potential role of anionic nanoplastics in protein aggregation, add urgency to understanding the impacts of MNP on human health.” Musical interlude.

Antidote du jour (Ltshears):

See yesterday’s Links and Antidote du Jour here.

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This entry was posted in 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.