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Links 9/5/2022 | naked capitalism

by Index Investing News
September 5, 2022
in Economy
Reading Time: 6 mins read
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This is Naked Capitalism fundraising week. 77 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the last year,, and our current goal, strengthening our IT infrastructure.

Lambert and I, and many readers, agree that Ukraine has prompted the worst informational environment ever. We hope readers will collaborate in mitigating the fog of war — both real fog and stage fog — in comments. None of us need more cheerleading and link-free repetition of memes; there are platforms for that. Low-value, link-free pom pom-wavers will be summarily whacked.

And for those who are new here, this is not a mere polite request. We have written site Policies and those who comment have accepted those terms. To prevent having to resort to the nuclear option of shutting comments down entirely until more sanity prevails, as we did during the 2015 Greek bailout negotiations and shortly after the 2020 election, we are going to be ruthless about moderating and blacklisting offenders.

–Yves

P.S. Also, before further stressing our already stressed moderators, read our site policies:

Please do not write us to ask why a comment has not appeared. We do not have the bandwidth to investigate and reply. Using the comments section to complain about moderation decisions/tripwires earns that commenter troll points. Please don’t do it. Those comments will also be removed if we encounter them.

* * *

Ohio man who suffered 20,000 bee-stings expected to recover, family says The Guardian (Resilc)

The Summer Everyone Saw the Sharks Slate (Resilc)

Investigators, Citing Looting, Have Seized 27 Antiquities From the Met NYT

Book banning in U.S. schools has reached an all-time high: What this means, and how we got here Grid (Resilc)

The Battle for ‘Cop City’ Rolling Stone (TH)

The Search for Scientific Proof for Premonitions The New Republic

#COVID-19

CanSino’s inhaled Covid-19 vaccine gets emergency use approval in China Bangkok Post

Covid app that detects virus in your voice ‘more accurate than lateral flow tests’ The Telegraph

Climate/Environment

U.S. Solar Bottlenecks Are Causing A Resurgence In Coal OilPrice (Resilc)

China?

How to make EVs without China’s supply chain Asia Times (Resilc)

The US shoots itself in the foot with sanctions against Chinese PV products: industry insider Global Times

China’s Visa Alternative Cuts Off Russian Banks Over Sanctions – RBC Moscow Times

Tiny Tuvalu to ‘stand firm’ with Taiwan as Pacific competition hots up Reuters

Myanmar

Myanmar junta leader Min Aung Hlaing to visit Russia Mizzima

Sri Lanka

IMF chief pleased that Sri Lanka reached staff-level deal for $2.9 billion Business Standard

India

Spotting the Truth and the Hype About INS Vikrant’s Domestic Sourcing of Material The Wire

India’s Electric Vehicle Push Is Riding on Mopeds and Rickshaws NYT (Resilc)

In Affidavit, Former RSS Worker Claims Top Right Wing Leaders Involved in Nanded Blast The Wire

Syraqistan

Iraq PM hosts US delegation for talks in Baghdad

Four sides benefit from unstable Iraq Tehran Times

Türkiye hosts Libya’s rival prime ministers on same dates Daily Sabah

Old Blighty

Liz Truss warns against predictions of an ‘Armageddon scenario’ and tells Laura Kuenssberg that Britain has the right ‘spirit’ to get through energy crisis – while promising ‘immediate’ action to help if she becomes Tory leader TOMORROW Daily Mail (Resilc)

my current energy bill for my tiny 22 cover restaurant is £2,928 a year. This is my new quote. Unsure what to actually do next but as a business that cost would now be more than I pay in rent and more than I take some months. I simply don’t have the money for this. pic.twitter.com/D8zPbOBNQI

— James Allcock (@jrmallcock) September 2, 2022

New Not-So-Cold War

Ukraine’s Zaporizhzhia nuclear plant partly goes offline amid fighting CBS

Zelensky says Russia is using ‘nuclear weapon’ by occupying Zaporizhzhia The Hill

Keeping What Matters In Focus. Reminiscence of the Future (ctlieee)

Moment of truth in the Ukraine war Indian Punchline

Ukraine War Day #192: Back To School! Awful Avalanche (guurst)

Lavrov warns Moldova about threats to peacekeepers AP

Former Russian president Dmitry Medvedev says West is playing ‘chess game with death’ The National

Ukraine PM meets German Chancellor Scholz seeking more military support DW

🧵Thread 🧵

How to end the war in Ukraine.

Germany can end the war in Ukraine single-handedly. The US cannot afford a proxy war with Russia if Germany backs out of sanctions against Russia. Let’s be honest: Russia is not a threat to Germany. It wants good relations with Europe.

— Kim Dotcom (@KimDotcom) September 3, 2022

* * *

China Is Quietly Reselling Its Excess Russian LNG To Europe OilPrice (KS)

Russia’s Sberbank to sell off sanctions-hit Swiss subsidiary ABC

Italy’s Salvini says West should rethink sanctions for Russia Politico

EU states bordering Russia searching for ways to halt tourist entry ERR

Steel mill applies for reduced working hours due to energy costs Swissinfo

Will the energy crisis spell the end for German bakeries? DW

🇩🇪📈🔌💰💥The energy bill for a bakery in Germany.
From 721 euros to 2588 euros,per month…

But Annalena Baerbock is worried about supplying money and weapons to Ukraine,not about this👇👇👇 pic.twitter.com/0I4VLM21qD

— AZ 🛰🌏🌍🌎 (@AZmilitary1) September 4, 2022

* * *

Why Gorbachev Was One of the Greatest Failures in History CounterPunch (Resilc)

Chileans reject new, progressive constitution NPR

Imperial Collapse Watch

Airmen brace for special duty pay cut in 2023 Military Times

Trump Raid

Trump calls Biden ‘an enemy of the state’ The Hill

GOP Clown Car

How a Record Cash Haul Vanished for Senate Republicans NYT (furzy)

Abortion

The VA says it will provide abortions in some cases even in states where it’s banned NPR

Study raises red flags about corporatization of health care, OHSU investigator says OHSU

The Bezzle

Crypto real estate: the property market built on digital assets FT

Nobel laureate Paul Krugman has slammed bitcoin as pointless, wasteful, and in large part a Ponzi scheme. Here are the economist’s 12 best quotes about crypto over the past decade. Insider (Resilc)

Hackers Compromise The Youtube Channel of The South Korean Government To Promote a Crypto Scam CryptoPotato

Supply Chain/Inflation

Germany’s government agrees on €65 billion relief package amid soaring energy prices DW

World food prices drop for fifth consecutive month: FAO UN News

Class Warfare

New York City sues Starbucks for firing union-organizing barista The Guardian (Resilc)

Qatar deports workers who protested against unpaid salaries Middle East Eye

Trader Joe’s broke labor laws in effort to stop stores unionizing, workers say The Guardian (Resilc)

Antidote du jour (via):

And a bonus:

This fish loves to cuddle.. 😊 pic.twitter.com/PTjU1IzuA7

— Buitengebieden (@buitengebieden) September 3, 2022

See yesterday’s Links and Antidote du Jour here.

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