Finance

Links 7/21/2026 | bare capitalism

Courage Before Greatness: The Albert Camus Story Classical Literature (Micael T)

World’s Longest Living Mammal Rewrites the Limits of Life SciTech Daily (guurst)

#COVID-19/Pandemics

Why Pandemics Are Anger in Health Care Workers New York Times (Dr. Kevin)

Climate/Environment

Deep oceans are changing the climate much faster than we’ve been aware of in Oceanographic Magazine

British boffins are fighting to outshine the Telegraph

The world’s water is quietly running out of oxygen, scientists warn Science Daily (Kevin W)

In the Canadian Arctic, research aims to stabilize small sea ice such as Mongabay

Canada issues air quality warnings over US wildfire smoke after Trump’s tax threat Guardian (Kevin W)

Latest Rain Models Still Seem to Underestimate Risk as ‘1,000-Year’ Rain Events Pummel Texas Inside Climate News

Puerto Rico declares emergency water supply as drought spreads in Independent

China?

China – The Hidden Truth Michael Nicoletos. PlutoniumKun:

One measure here is a bank’s ‘real’ loss in China property risk. It’s in the middle of the ballpark that I’ve seen a few people rate. It’s officially $520 billion in bad real estate loans, but I don’t think anyone believes that for the reasons summarized in this blog post:

Including real estate, local government debt, the main loan book, regional banks, wealth and trust products, insurance, Belt and Road loans, and unrealized losses buried in bond books, the estimated total economic losses reach about $3.86 tn in the best case, $7.68 tn in the base case, and $12.20 in the worst case.

‘Payback’: why China’s world-beating auto industry faces faltering domestic sales South China Morning Post

Calm is an Anomaly: Why the Taiwan Strait is More Dangerous than the Topics of Modern Diplomacy

China soaks duck with molten salt to produce solar power at night Kevin Walmsley

The Koreans

US, ROK and Japanese military officials reaffirm North Korea’s denuclearization goal NKNews

India

Indian police and youth-led protesters ‘run out’ of gas Asia Times) (Kevin W)

Climate Change: Dengue and Influenza Are No Longer Seasonal Threats in India NDTV

India’s Weak Monsoon Revives Push for This Ancient Staple Bloomberg

Africa

‘You can’t hide from a drone strike’: Fears falling from the sky in Sudan CNN

At least 16 soldiers were killed in a terrorist attack in western Niger News.AZ

O Canada

Trump hits Canada with 50% tariffs and Carney vows to ‘reinforce’ trade talks BBC (Kevin W)

Canada Unveils New Way to Break Dependence on US Oil Routes OilPrice

South of the Border

Report: Pentagon developing options for Cuba strike Miami Herald (Robin K)

Hundreds of thousands of Venezuelans need help after the earthquake: ‘We have no income’ Le Monde

‘It’s total devastation’: inside the Amazonian war against the Guardian for illegal gold mining

The breakup of Europe

Diesel Squeeze in Europe Set to Deepen, Morgan Stanley told Bloomberg

Food prices will rise again and this summer’s extreme heat is a big part of the reason why Murica Today

Drones, AI and white paint: Europe races to protect infrastructure from Reuters heat

The European Union has unveiled proposals that would slow the reduction of greenhouse gas emissions for businesses, as part of a major climate policy overhaul by the BBC.

What’s Driving Germany’s Planned €800 Billion Military Repatriation? Andrew Korybko

Beyond LNG: Berlin’s red carpet diplomacy shows big bet on Algeria Aljazeera

Cyprus: No more bases, no more wars DiEM25 in Cyprus (Robin K)

Old Blighty

Starmer was a fraud and a fraud. Good riddance Middle East Eye (resilc)

Did UK intelligence start the Salisbury Novichok attack? Tim Norman

Water shortages to disrupt plans for a million new homes The Telegraph

Israel v. The Resistance

Israel threatens to take over ancient water reservoirs near Bethlehem Guardian

Israeli ministers join march towards Gaza demanding return of settlements Aljazeera

‘We have no future here’: Lebanese families tell story of nation collapsing World News

******

Clashes resume between Yemeni forces and the Houthis in Al Hudaydah Yeni Safak

Israel’s Dolphin-Class Submarine Is Changing the Iran War Brandon Weichert

US Air Force Takes Heavy Losses As Iran Strikes Key Military Bases Across Middle East

The New Cold War

Russia Launches Its Largest Missile Attack Ever: Ukrainian Capital Military Watch Increases

Instability in Kiev, Russian Development Olivier Boyd-Barrett

‘Everyone is scared to death’: Ukraine’s military recruitment struggle turns violent BBC

Ukrainian drones target Russian warehouses and oil fields DW

Kazakhstan condemns reported drone attacks on oil tankers using Black Sea export route Anadolu Agency

Big Brother Watching Watching

This fake Apple app can unlock Malwarebytes password for your Mac

Imperial Collapse Watch

Does Trump’s Lack of Credibility Affect the Deep State? Karen Kwaitkowski. Great article.

Challenges to Western Political Governance Through the Lens of Western Bureaucratic Systems and Chinese Mindset Karl Sanchez

Trump 2.0

Spain Humiliates Trump After Refusing to Exit New Republic Victory Photos (Dr. Kevin)

Ralph Nader: Civilian Prosecution Project, Conference July 22, 2026 on YouTube

Trump Officials Remove Evidence That Women Won Freedom and Vote WA Lawrence

Report: Vance gets ‘royal treatment’ Bay Area News Group. Robin K: Pro-Rubio machine at work. “

Congress’s Chances of Passing Another Reconciliation Bill Are Sinking Quickly Michael Shedlock

Ours is No Longer Free

This Famous Indian Journalist Has A Warning For The American Media Under Trump Zeteo

Police State Watch

Alien Terrorism Court Steve Vladeck

New Orleans Police Publish Policy Document Allowing Weaponized Drones 404 Media

Questionable Statistics

Political “science” in motion: the breakdown of the peer review process The SOS of democracy

It’s All About Super Pacs: How the New York Times Misreported Campaign Contributions in the Maine Senate Race, Statistical Modeling, Causal Inference, and Social Science.

The economy

Oh Dear, Condo Prices Have Dropped 15% to 33% in 30 Major Cities Already. Some Dropped Back to 2006 Wolf Richter Levels

The AI

Big Tech Needs to Justify AI Dumps Like Investors Dumping Bloomberg Shares

Made-in-China Anxiety Gripping America’s AI Industry Bloomberg

OpenAI Exec Complains That China Is Offering So Good Models That For-Profit Companies Can’t Compete In The Future

The Rise of “Dominant AI” in the Global World and China’s Cooperative Responses to China Issues. Marketing makes me suspicious.

Bezzle

US day traders flock to ‘riskiest product in crypto’ Financial Times

Trump made crypto mainstream. Is it the road to the next financial collapse? Caretaker

UK pension insurers increase exposure to murky private debt Financial Times

ASIC raises alarm over Australians’ exposure to rising risks in private credit ABC Australia

Class War

The Mummification of AFL-CIO Marxism-Leninism Review

Louisiana communities left in the dark from toxic air – and industry helps keep it that way Floodlight (Rosie G)

Antidote du jour. Tracie H: “Marine Blue butterfly. Fullerton, CA.”

And a bonus:

Second bonus:

And thirdly:

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

How Labor Lawmakers Are Trying to Turn Off Voters



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