Finance

Links 5/27/2026 | bare capitalism

Good and patient students,

Sorry if today’s links seem too heavy on tweets. I was on Twitter more than usual looking for updates on Iran and found the usual good news.

Man, Cow, Lion and Eagle Work of Sacred Images (Micael T)

The Basic Principle of Aeronautical Engineering Has Been Wired

What concerns are you trying to tell Big Think

Carl Jung’s Past Concerns Mark Vernon (Micael T). Important.

Ebola

US Races to Stop Detention Center in Kenya for Americans Exposed to Ebola Wall Street Journal

In the shadow of Ebola: Scenes from the front of the outbreak Reuters

Doctor evacuated from Congo ‘idles’ as colleagues die of Ebola Washington Post

Climate/Environment

Don’t Throw Out Your Old Vapes. NYC Volunteer Recyclers Wanted CITY

Gentoo penguins cope with climate change heat waves by pre-breeding PhysOrg

Aquatic fish communities are collapsing under climate pressure Earth

Climate change weakens EurekAlert lake cleanup efforts

Deadly fungus storms are now sweeping the US — and spreading disease few doctors are seeing Science Focus

Climate change threatens global plant species as habitats shrink Reuters

America’s Water Crisis Can No Longer Be Ignored by OilPrice

China?

China’s Rare Earth Grip Holds Despite Trump-Xi Talks OilPrice (Kevin W)

China took over another $5 trillion industry, and Europe is moving money and jobs Kevin Walmsley

China Now Controls 70% of Shipbuilding: Can the US Come Back? Sal Mercogliano, YouTube

India

Australia-India-Japan-US Quad to build a port, unveil deal on key minerals Reuters

India’s bizarre $500bn ‘commitment’ to US trade deal Financial Times

‘My head is spinning from the heat’: Indian workers battle fatigue amid rising temperatures Guardian

India’s ‘king of mangoes’ crop is in shock as farmers report losses of up to 90% Independent

Africa

African countries seek security relations with Turkey on the ‘Somalia model’ Middle East Eye

Landslide at illegal gold mine in Angola kills 28 Reuters

Uganda launches $1.8 billion water rescue plan as climate and disease threaten millions Africa Business

The breakup of Europe

Eurozone issuers turn to non-euro debt in hunt for new investors The Financial Times. More evidence that the euro is not a candidate for a reserve currency. The reason the dollar still dominates is that international investments are in excess of USD.

Europe wants its own Starlink. But it is on track for five failures instead of Euractiv

‘It was 30°C in the classrooms this afternoon’: France enjoys its hottest May day on LeMonde record. The best story

Old Blighty

Tony Blair tells Starmer and his rivals: leave net zero and approach Trump Guardian (Kevin W). Why won’t he retreat to his crypt?

Blair: Starmer has no British Telegraph programme

Israel v. The Resistance

Hebrew Language Israeli Media Brag About Buying Congress Kevin Gosztola (Dr. Kevin)

ZOMG, click and read the full tweet:

Still germane:

Israel says the new head of Hamas’ military wing has been killed in Gaza City and raided the BBC

The New Cold War

Mines in LPG Tanker Point to Dangerous New Front in Baltic War gCaptain

Turkey’s Reported Military Pipeline to Romania Will Increase Tensions with Russia Andrew Korybko

Czech ‘ammo coalition’ for Ukraine loses RT support (Kevin W)

Russia’s relations with its neighbors will ebb and flow Vzglayd (Micael T)

Big Brother Watching Watching

‘BusPatrol’ Installs AI Cameras on Tens of Thousands of School Buses. Now They Want to Give Police Access to 404 Media

California Moves to Exclude Linux from Tom’s Hardward Certification Act

Imperial Collapse Watch

The Reserve Currency Trap: The Mechanics of US Industrial Erosion Craig Tindale. Important

The US-Israel War on Iran: Geopolitical Rivalry in the Middle East and Its Global Impact ChinaAffairs+1

Trump 2.0

Donald Trump’s Peace Board fund is empty Financial Times. The best story. The archived link doesn’t work at the moment (usually a fault with the FT, they seem to allow archiving after a story has been up for a while), site link here.

The Trump administration has lifted NDAs for all Washington Post employees. The American scholar responded:

Ah, now we will have secret police. People in positions of power are either ineffective and uncaring, or dicks, in a weird way. We are in an age of extremes. I always hope this will pass, like the McCarthy era, but nations get stuck in the machinery of evil government for decades, sometimes.

Trump administration working on deal to give weapons-grade plutonium to energy companies CNN (Kevin W)

A special rendering of the Penn Station renovation shows Trump’s name with the presidential Gothamist logo (Kevin W)

South Carolina Redistricting: Senate Passes New Map, Defies Trump New York Times (Kevin W). In the last 24 hours or more, no new New York Times stories could be found on the archive sites. Maybe the Gray Lady used the block?

Immigration to another country

The Trump administration’s biggest move to restrict immigration is legal Economist. Reporting on this is usually bad. 1. This step is clearly against the law. 2. Trump also did not go through the required publication + 60 day comment period.

US plans to freeze immigration at ‘sanctuary city’ airports DW

The GOP Clown Car

Did Donald Trump Just Give Texas to the Democrats? Newsweek (Ann)

Paxton defeated Cornyn in Texas GOP Senate runoff The Hill

The upper ones

Judges Removed From Bench For Doing What John Roberts And His Wife Did For 16 Years Christopher Armitage

Thomas, Alito says the Supreme Court is bound to hear Florida’s fight to drive The Hill

The economy

Hot Asian Summer Will Add to Risk of Rising Gas Prices Bloomberg

Consumer Credit Stress Versus the Great Recession by Michael Shedlock

The AI

If enough other companies report the same, the bubble pops. Gary Marcus

Revenge of the Business Idiot Ed Zitron

Google has been leaning heavily on AI enshittification lately

Pope Leo: The Wall and the Machine Rule the One Percent

Trump appoints former Attorney General Bondi to White House AI panel: Report Anadolu Agency

Bezzle

How To Win A Nobel Prize Using Mickey Mouse Numbers Joseph Francis (Micael T)

SpaceX IPO Forces Changes to Index and Underwriting Rules Forbes (Micael T)

Advanced Games faces falling stock price as investors flee following launch event News.com.au (Micael T)

These States Allow Semi Trucks To Pull Three Trailers Jalopnik (resilic)

Class War

The Divorce Between Wall Street and Main Street Seeks Alpha. resilc: “See paycheck with income chart.”

As the US stock market soars, 2 in 3 Americans cut back on spending, survey shows Associated Press (Kevin W)

Uber, Lyft drivers in Massachusetts form first US union Reuters (Kevin W)

Antidote du jour (via):

And a bonus:

Second bonus:

And thirdly:

See yesterday’s links and the Antidote du Jour here.

Commodity Markets Live on Borrowed Time



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