KKR Founders Sued for Allegedly Getting Giant Payday for No Work WSJ

Private equity’s interest in audit raises red flags FT

Climate

No Buzz, Just an Anxious Hum: Insect Decline and 2024’s Wet and Silent Spring The Quietus. Commentary:

Circular battery self-sufficiency Cory Doctorow, Pluralistic

Huge Fire Sparked by a Mercedes-Benz EV Adds to Safety Concerns Dogging Industry WSJ

Lack of Worker Input Creates Bumps in the Road for EV Buses Labor Notes

Florida’s Biggest Insurer Says It Needs to Increase Rates by 93 Percent Newsweek

Offsets on fire Politico

Syndemics

The dreaded COVID summer surge has arrived. Here’s the latest on symptoms and treatment Fortune

COVID data quietly disappears while cases rise Prism

Kyoto Univ. professor-led team develops immune cells that attack COVID-infected cells The Mainichi (SocalJimObjects).

Colorado: First Bulk-Milk Testing Results adds 9 More Infected Dairy Herds to Their List Avian Flu Diary

Overdose Deaths Are Finally Starting to Decline. Here’s Why. Scientific American

Water

How French Drains Work Practical Engineering

China?

Guangzhou Shows Why China Is So Attractive to the Global South The Diplomat

China’s youth seek work in sectors traditionally considered as blue-collar as mindsets shift Channel News Asia

China’s Housing Market May Gain Support as Rental Yields Pull Ahead of Deposit Rates, Economist Says Yicai Global. Commentary:

China confirms the discovery of a major natural gas field in the South China Sea South China Morning Post

Is a high-profile critic of the Chinese Communist Party a con man? NPR

India

To Which Asia Does India Belong – and to Which Is it Headed? The Wire

Can India truly be a global manufacturing powerhouse? Channel News Asia

Big challenges ahead for Muhammad Yunus, Bangladesh’s new interim leader Al Jazeera. Yunus.

Protesters force four Bangladeshi central bank’s deputies to resign Business Standard

Bangladesh garment factories reopen with hopes after PM Hasina’s flight Business Standard

The Great Game

“Talk of stopping projects” — Lugar lab in Georgia might lose U.S. support JAM News

Syraqistan

Muslim bloc meeting holds Israel responsible for assassination of Hamas’ Haniyeh Anadolu Agency

Iran will respond at ‘right time’ to killing of Hamas leader BBC

Fearing ‘Catastrophic War,’ Biden Warns Iran Against Attack and Pushes Netanyahu to Make Deal Haaretz

Israel would trigger regional war with preemptive strike, require help from US: Israeli general Anadolu Agency

Israel vows to kill new Hamas chief Sinwar as US warns against escalation France24

UK’s biggest private pension fund dumps £80mn of Israeli assets FT

Western ambassadors to skip Nagasaki memorial after Israel snub Channel News Asia

‘We’ve lost everything, for what?’: Gazan anger at Hamas grows as war drags on 972 Magazine

European Disunion

US Decision to Tear Up INF Treaty Has Left Nuclear ‘Sword of Damocles’ Hanging Over Europeans’ Heads Defend Democracy Press

New Not-So-Cold War

Why has Ukraine launched a cross-border attack on Russia? BBC. Commentary:

What is Ukraine’s goal in the Battle for Kursk? BNE Intellinews

Trump’s vice-presidential nominee refused to take calls from Ukraine’s intelligence chief and Air Force chief – WP Ukrainska Pravda

Something Is Rotten in the State of Russian Arms Industry RAND

Transit of Russian gas through Ukraine continues Ukrainska Pravda

South of the Border

An Attempted Coup By Any Other Name… Orinoco Tribune

Venezuela army rejects opposition appeals, vows ‘absolute loyalty’ to Maduro France24

2024

DOJ contends Hunter Biden was hired by Romanian oligarch to ‘influence US policy:’ docs FOX

Spook Country

FBI raids New York home of former UN weapons inspector Scott Ritter: ‘Ongoing federal investigation’ FOX. Commentary:

American Stasi: Tulsi Gabbard Confirms “Quiet Skies” Nightmare (no paywall) Matt Taibbi, Racket News

Big Brother Is Watching You Watch

A booming industry of AI age scanners, aimed at children’s faces WaPo

Digital Watch

Burst Damage Ed Zitron, Where’s Your Ed At?

This is the beginning of the end of the generative AI boom Blood in the Machine

New Research: So Far, AI is Not Disrupting Search or Making a Dent in Google SparkToro

The Olympics

Tom Cruise to perform death-defying stunt at ‘dystopian’ Olympics closing ceremony France24

Behave yourselves, China tells its Olympic fans BBC

Healthcare

After private equity takes over hospitals, they are less able to care for patients, top medical researchers say Gretchen Morgenson, NBC

The Clamp Incident: On Therapy In Modern Medicine 3 Quarks Daily

Class Warfare

What’s Happening in Louisville Could Solve a Housing Crisis Tressie McMillan Cottom, NYT

‘The Problem Is, There’s No Place for Anyone to Go’ FAIR

The Absurdity of Human Sentience George Tsakraklides

The Wisdom of Fish Schools Nautilus

The medieval world’s Baltic connection Engelsberg Ideas

Antidote du jour (Alan Manson):

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.