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    Home » Economy
    Economy

    Links 8/4/2026 | naked capitalism

    WorldNewsHub24By WorldNewsHub24August 4, 2026No Comments10 Mins Read
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    Links 8/4/2026 | naked capitalism
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    Dear patient readers,

    You are getting a big serving of Links with an Iran War section in lieu of an Iran War post.

    * * *

    Fish Bad, Sugar Good… And Other Medieval Ideas About Food Literary Hub (Micael T)

    The View From Beyond Time Bentham’s Bulldog (Micael T)

    The looting of science fiction aeon (Micael T)

    Giant waves are sweeping Mars’ atmosphere into space Science Daily (Kevin W)

    Climate/Environment

    Why are so many dead bumblebees appearing on sidewalks? Science Daily

    Invasive species are forcing people from their homes, scientists warn Earth

    Climate Change Is Moving Mountains Atlantic

    What’s Behind the Heat Wave Scorching Huge Parts of the World? Wired

    Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns Bloomberg

    ECB official warns climate crisis poses growing threat to ‘core financial stability’ Guardian

    This heat wave in Eastern China,Koreas and Japan is rewriting world climatic history with thousands of records no-stop for weeks.

    Today 35.9C Changsin Island (near Dalian) all time record
    plus 9 August Tmax records , 27 High Tmin records of which 13 all time High Min records.👇 https://t.co/sQ8pr4uA7s

    — Extreme Temperatures Around The World (@extremetemps) August 3, 2026

    Blazes burning with the intensity of ‘atomic bombs’: Europe enters a new era of mega fires CNN

    Death toll from floods in India’s Assam state rises to 82 Anadolu Agency

    China?

    China’s Car Market Stalls Even as Global Demand Keeps Growing OilPrice

    China’s factory gauges show more signs of slowdown on weak demand Nikkei

    Chinese carries out military exercises near reef disputed with Philippines Brussels Times

    Philippines eyes Ukraine’s drone know-how for South China Sea South China Morning Post

    Southeast Asia

    How Israeli presence in Forest City exposes the Zionist-aligned underbelly of Malaysia Middle East Eye

    Thai justice system under fire after freed criminal confesses to killing 5 South China Morning Post. These killings have gotten huge coverage in Thailand; I wondered when they would hit international press. Story omits that the Prime Minister very quickly came to the site of the murders and talked to the local police. Also omits that the area is semi-rural and that it appears that the first set of killings, of a Thai family, started with the perp gaining access to the house by impersonating a police officer. A lot of upset regarding the failure to find the apparent killers after the first set of crimes (initially a missing persons case), but these were stranger murders, which are natively hard to solve. The crime show rule of thumb is that if you don’t get a lead in 72 hours, the trail is likely to go cold.

    Africa

    Sudan army drone attack on Darfur kills 35, rights group says Aljazeera

    Boko Haram ambush kills 10 soldiers in southeastern Niger Arab News

    The Antipodes

    Housing Slump Deepens Across Australia and New Zealand Bloomberg

    O Canada

    As Trump’s Tariff War With Canada Drags On, This Border Community Suffers Without a Voice ProPublica

    South of the Border

    Cuba plunges into darkness as state energy firm reports new nationwide blackout France24

    European Disunion

    Europe facing winter gas squeeze due to Iran conflict Irish Time

    a href=”https://overton–magazin-de.translate.goog/hintergrund/politik/europas-zukunft-in-einer-welt-die-nicht-mehr-auf-europa-wartet/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=de&_x_tr_pto=wapp” rel=”nofollow”>Europe’s future in a world that no longer waits for Europe Overton via machine translation (Micael T)

    Ceuta Migration Crisis Exposes Despair Among Morocco’s Young People New York Times. resilc: “All borders face this question, but now also with climate as a kicker.”

    Scandal, Reshuffle Disaster. Germany’s Merz Faces Calls to Resign The Duran

    Mercedes-Benz Faces Potential Ban in the U.S. Due to Senate Moves Car and Driver (resilc)

    EU calls emergency meeting to discuss Ceuta migrant surge ABC

    Old Blighty

    Almost £200,000 of fuel stolen from UK forecourts every day since Iran war began BBC

    Britain could face food shortages as drought continues, farmers warn Guardian

    Israel v. The Resistance

    Reuters is doing its best to frame the Israeli bombardment of one of the few remaining Palestinian medicine warehouses as something legally ambiguous. Obviously the argument they parrot is the Israeli military’s: that in Gaza, healthcare is a human shield for military activities. pic.twitter.com/Yhinn7pGWU

    — Nicola Perugini (@PeruginiNic) August 2, 2026

    This post is filled with lies about what Hamas agreed to & it’s part of a longstanding pattern: When Palestinian negotiators make agreements, the Israelis then demand new terms and the US and its lackeys pretend like these new edicts are part of the deal and then blame Hamas. https://t.co/OjerGx6nu9

    — jeremy scahill (@jeremyscahill) August 3, 2026

    Religious Jews attack Christian monastery in Jerusalem (VIDEO) RT (Kevin W)

    Israeli strikes kill 18 in Gaza as truce talks remain deadlocked CGTN

    Iran War

    Links 8/4/2026 | naked capitalism

    ⚡️⭕️ Trump says US will not allow Iran to impose fees on shipping through the Strait of Hormuz and that freedom of navigation must return. Trump also stated the US intended to strike Iran but is now in talks with Tehran. (Trump statements via multiple sources)

    — Middle East Observer (@ME_Observer_) August 3, 2026

    Traffic in Bab al-Mandeb and Hormuz remains low Aljazeera (live feed entry)

    > Trump: Iran is begging for a deal
    > Bessent’s minions crush the crude oil price 5$
    > Iran: we are not having any conversation with the US
    > Crickets
    > Iran hits another ship in the Strait of Hormuz
    > Crickets https://t.co/yjduYU8cEF

    — JustDario (@DarioCpx) August 4, 2026

    Why Arbaeen – the Shiite Muslim pilgrimage of mourning – has a deep significance that brings millions to Iraq each year The Conversation (resilc). See also Millions of Muslims mark Arba’een to reaffirm allegiance to Imam Hussein PressTV. The observation is Tuesday. Alastair Crooke suggested that Iraq was holding back on retaliation until the date had passed. Might Iran pile on? Their new posture is to keep the US on the back foot.

    Assembly of Experts Mandates Adherence to Supreme Leader’s Stance on Talks Iran Wire. If you read this carefully, you can see the Assembly of Experts quickly slapped down President Pezehskian. IMHO this is not as much a sign of a split but Pezehskian having gone off the reservation yet still trying to seem relevant (as in more personal than an indicator of factionalism). The President is responsible only for domestic policy. He has no business sticking his nose in foreign policy. However, he has had to get involved in war matters, if nothing else because protocol has sometimes required that he be the party to face off against Western officials. His views are also unpopular, as shown by the fact that he was the only official booed at the Supreme Leader’s funeral.

    Alleged generally earlier; I have not seen the trade dates posted before:

    BREAKING: A source close to Iranian officials says Tehran has documented a pattern of oil market manipulation tied to Axios reporting and Trump administration insiders, including evidence of a $9 billion insider trading operation linked to Jared Kushner and Steve Witkoff.

    The…

    — The Hormuz Letter (@HormuzLetter) August 3, 2026

    Here’s a statistic that should make every air force sit up and take notice. During recent operations over the Persian Gulf and the Levant, French Rafales fired around 100 MICA AAMs against Iranian one-way attack drones. That’s close to half of the French Air & Space Force’s… pic.twitter.com/d8nyNOaTe1

    — Air Power (@RealAirPower1) July 31, 2026

    Iraq’s oil lifeline snaps as Hormuz crisis threatens economic collapse Middle East Online

    Syraqistan

    Pakistan eroded India’s faith bit by bit’: Indian envoy defends putting Indus Waters Treaty in abeyance WION

    ‘My only son was shot standing up for justice’ – inside city gripped by deadly protests in Pakistan-administered Kashmir BBC

    New Not-So-Cold War

    Russia says seven killed and 40 injured by Ukrainian drone hitting busy beach BBC

    NEW: 🇷🇺🇺🇦 Russian troops are now less than 5km from Slavyansk and Kramatorsk

    This are the last “Fortess cities” in Donbas

    — Megatron (@Megatron_ron) August 2, 2026

    Disastrous End to Zelensky’s 40-Day Operation Exposes a Dwindling Ukraine Simplicius

    The Protests In Support Of Ukraine’s Recently Dismissed Defense Minister Aren’t Organic Andrew Korybko. Quelle surprise!

    Italian Navy boards tanker from Russian shadow fleet Euronews

    ‘Winter is coming’: Ukraine fears its toughest test since Russia’s full-scale invasion CNBC

    Russia imported 30,000 metric tonnes of gasoline from Morocco to compensate for refinery disruptions caused by Ukrainian attacks Business Insider

    Kyiv’s forces hit Wildberries again amid deadly trade of strikes with Russia Guardian

    Sergey Lavrov: “What really sets us apart as a nation is something that the West does not have. Our civilisation respects those who created it, built cities and defeated enemies” International Affairs (Micael T)

    “Europe Is the Biggest Risk” Russia in Global Affairs (Micael T)

    “Healthy anger is perfectly appropriate.” Top War (Micael T)

    Imperial Collapse Watch

    The West’s Achilles Heel John Robb

    The Galling Gallium Chokehold: Why the US Cannot Produce Precision Missiles and Fully-Functional F-35s Larry Johnson

    China and Russia are the world’s sole nuclear superpowers YouTube. resilc: “Slow data center build shows inability to do civil engineering as a country. USA USA.”

    Party elites so blind they can’t see their base turning against the war Responsible Statecraft

    Trump 2.0

    US Poll: Democrats Lead Republicans on Economy, Trump Approval Dips Ratopati. Underlying Reuters story well paywalled.

    Capital One says it closed Trump Organization accounts over money-laundering concerns NPR (resilc)

    Park Service Delivers Brutal Verdict on Trump’s “Triumphal Arch” New Republic

    Trump is determined to pursue his trade war – and he may be difficult to stop Guardian

    Hegseth struggles to sell Senate on Iran war funding The Hill

    Police State Watch

    ICE Collected Nearly 1 Million People’s DNA Last Year—Including Young Children Wired (resilc)

    Economy

    The Global Oil Cushion Isn’t Really Hitting ‘Tank Bottoms’ Bloomberg

    Saudi Oil Reroutes Hit Capacity and Security Limits OilPrice (resilc)

    Mr. Market Should Be More Worried

    Stock market turmoil sheds stark light on the opaque AI economy Guardian

    AI

    The Number of Regular People Being Arrested for Protesting Data Centers Is Astounding Futurism (resilc)

    The Feds Just Opened Public Lands to AI Data Centers—Starting Near Lake Mead Outside Online

    Monopoly Round-Up: Are Big AI Firms Cooking the Books? Matt Stoller

    OpenAI Lowers Pricing for New AI Models – OpenAI is DEAD YouTube (resilc)

    The 1990s Web vs. today’s AI Arnold Kling (Micael T)

    OpenAI’s amazing — but vastly oversold — new model Astra Gary Marcus

    The Bezzle

    Ohio State and Notre Dame added jersey patches — and your favorite school will, too The Athletic (resilc)

    Larry Ellison Bet It All on the A.I. Boom. Will He Be the Face of the A.I. Bubble? New York Times

    Walter insurers paid millions of dollars to credit rating provider Egan-Jones Financial Times

    Class Warfare

    Carpenter Ivan, 25, has to work until he is 70 – “Older colleagues are already in pain” Arbetet via machine translation (Micael T)

    Youth as the vanguard of a pacifist cultural revolution Overton via machine translation (Micael T)

    Vietnam is LITERALLY Communist. pic.twitter.com/2cnjiIJ6Eu

    — Alan MacLeod (@AlanRMacLeod) August 3, 2026

    Antidote du jour (via):

    A bonus:

    A hiker unexpectedly comes across one of the UK’s rarest animals pic.twitter.com/kdUveAQ1Kk

    — Antidepressant Content (@depressionlesss) July 25, 2026

    A second:

    A man was recording the depth of a hole in Arctic ice when a seal unexpectedly surfaced for air right in front of his camera pic.twitter.com/GwZuTyumvj

    — Nature Unedited (@NatureUnedited) July 25, 2026

    A third:

    Animals never forget those who are kind and loving to them. pic.twitter.com/MRkuiu2ru9

    — Massimo (@Rainmaker1973) August 2, 2026

    And a different sort of bonus:

    Somebody raised their son right 🙂 pic.twitter.com/jGohiGTEH0

    — Brian4new (@GustBrian) July 31, 2026

    See yesterday’s Links and Antidote du Jour here.

    The Ceuta Psyop Shows the Seams of the European Far Right

    capitalism Links naked
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