Links 1/16/2024 | naked capitalism

How a serious financial institution cheated its clients out of $2 billion, in response to a brand new federal lawsuit Fashionable Info

Founding father of muckraking monetary info agency Hindenburg Analysis calls it quits AP

The Governments That Survived Inflation Overseas Affairs

The Bitter Finish Doomberg (PI).

Xiaohongshu (RedNote)

‘TikTok refugees’ unexpectedly flip to Chinese language various as ban looms LA Instances.

America’s youth longs for Chinese language e-commerce Rubbish Day. Value a learn on social media.

RedNote (1):

the very very first thing individuals did on rednote is name themselves “refugees” and now a bunch of Chinese language folks need to be like hello do you know that precise refugees are struggling on account of US imperialism pic.twitter.com/XxUFXYAIwa

— sofie ☭ (@darlingube) January 15, 2025

RedNote (2):

Thanks Rednote, younger Individuals are discovering the actual China of right now, fairly than what the media portrays. The period of propaganda and manipulation is lastly coming to an finish.

Observe Kylies.muse #rednote #tiktokban #tiktokrefugee pic.twitter.com/yHPuPTFkoV

— Johannes Maria (@luo_yuehan) January 15, 2025

RedNote (3):

My youngsters are on RedNote and already the filial piety within the house has leveled up considerably

— Ryan Grim (@ryangrim) January 16, 2025

RedNote (4):

RedNote (5):

*be part of REDnote*
*begin posting*

-“Taiwan is a rustic”
-“Free Tibet”
-“Covid got here from China”
-“Uyghur focus camps”
-“Tiananmen sq. bloodbath”
-“Mao starved 45 million Chinese language” pic.twitter.com/tZ9ynDrIJe

— Dispropaganda (@Dispropoganda) January 15, 2025

RedNote (6):

Maga tiktoker goes in Pink Notice and may’t consider how China has out achieved the USA. pic.twitter.com/0Krnuovjf6

— The No Labels Pod (@TheNoLabelsPod) January 15, 2025

RedNote (7):

Xiaohongshu opened a window for Individuals to be taught extra about China by instantly interacting with Chinese language folks. These exchanges additionally appear to be sparking an excellent deeper appreciation amongst locals for their very own techniques. An throughout large PR fail for US gov’t propagandists. pic.twitter.com/iJWjYCgr2g

— Daniel Dumbrill (@DanielDumbrill) January 15, 2025

* * *

Trump is seeking to save TikTok from potential ban, Waltz says Axios

Trump adviser says president-elect is exploring choices to ‘protect’ TikTok AP

‘It’s a private selection’: China dodges RedNote censorship challenge as US TikTokkers migrate South China Morning Put up

California Burning

The story of how two Beverly Hills farmers privatized water in California Yasha Levine, weaponized immigrant

Anti-COVID teams distribute masks and air purifiers sooner than LA authorities amidst fires The Gauntlet. Commentary:

This video is an ideal instance of what’s occurring in Altadena. Nationwide guard & cops with weapons out on one facet of road – whereas group organizes mutual help & assets subsequent to a burnt down home throughout the way in which

The state isn’t doing something right here apart from a present of power https://t.co/RCfttPkHCN pic.twitter.com/MvxyPkCnMU

— Individuals’s Metropolis Council – Los Angeles (@PplsCityCouncil) January 15, 2025

California utility faces billions in claims for fireplace harm even when it did nothing flawed Reuters

Local weather

High monetary watchdog warns local weather change set to set off market panics FT

First US congestion pricing scheme brings dramatic drop in NY visitors FT

Syndemics

FOLLOW-UP: “Covidians” & Cults Pandemic Accountability Index

China?

China retail big bans employees from partaking in home violence, sparks privateness issues South China Morning Put up

The Pettis Paradigm and the Second China Shock Noah Smith, Noahopinion

Candidates needed: China’s C919 to learn as Beijing bankrolls ‘massive plane’ analysis South China Morning Put up

In South Asia, Energy Shifts Usher in Diplomatic Surprises Overseas Coverage

The Koreas

South Korean authorities take impeached President Yoon to detention heart after questioning AP

Syraqistan

Stay updates: Israel-Hamas ceasefire settlement awaits closing approval AP:

A “final minute disaster” with Hamas was holding up Israeli approval of a long-awaited settlement to pause the preventing within the Gaza Strip and launch dozens of hostages, Prime Minister Benjamin Netanyahu stated Thursday. In the meantime, Israeli airstrikes killed dozens of individuals throughout the war-ravaged territory.

Netanyahu’s workplace stated his Cupboard received’t meet to approve the settlement till Hamas backs down, accusing it of reneging on elements of the settlement in an try to realize additional concessions.

Commentary:

Okay, I am slightly disenchanted with myself for not seeing this earlier.

It might very effectively be that the entire deal saga is supposed to construct up faux expectations, give the impression that Israel agrees, after which convey the entire thing down and blame Hamas.

If that is the aim of…

— Alon Mizrahi (@alon_mizrahi) January 15, 2025

Bowen: Lengthy-overdue ceasefire could cease the killing however received’t finish the battle BBC

Israel Pulls Out of Gaza Strip as Barack Obama Assumes the Presidency PBS. January 19, 2009, nonetheless germane. However it rhymes?

* * *

One Query Looming Over Israel-Hamas Truce Deal—Why Now? Overseas Coverage

IDF normal credit Trump menace as ‘huge change’ in securing cease-fire after Hamas rejected identical deal in Could FOX

A 12 months of Empty Threats and a “Smokescreen” Coverage: How the State Division Let Israel Get Away With Horrors in Gaza ProPublica

* * *

US says it’s dedicated to stopping return of Hamas rule in Gaza following cease-fire deal Anadolu Company

Netanyahu Simply Agreed to a Hostage Deal With Hamas. However It’s Not the Deal He’s Promoting His Supporters Haaretz

* * *

Outgoing CIA director says ‘no signal’ Iran creating nuclear weapons The Cradle

How US activists are infiltrating Israeli occasions promoting Palestinian land Waging Nonviolence

The New Nice Sport

Opinion: ‘Armenia and US signal strategic partnership constitution as legacy for Trump’ JAM Information

European Disunion

German financial system continued to shrink in 2024 Anadolu Company

New Not-So-Chilly Battle

UK Prime Minister Keir Starmer arrives in Kyiv to signal ‘100-year yartnership’ treaty Euronews. “Partnership,” really.

How are EU gasoline reserves holding up in opposition to the halt of Russian provides? Euronews

Zelenskyy: Europe has no likelihood in opposition to Russia with out Ukrainian army Ukrainska Pravda

Trump Transition

The Senate is contemplating the Laken Riley Act. Right here’s what it could do LA Instances. Commentary:

Replace: senators have rejected amendments to guard youngsters and pregnant girls and to limit to convictions. As a substitute, nearly 20 Dems voted to *broaden* the legislation, together with misdemeanor APO. This implies any cop within the US might get somebody indefinitely detained within the new camps. https://t.co/hA3cF50vOa

— Alec Karakatsanis (@equalityAlec) January 16, 2025

Trump guarantees an “Exterior Income Service” to gather tariffs Axios

Saving the Authorities Cash RAND

The Second Trump White Home May Drastically Reshape Infectious Illness Analysis. Right here’s What’s at Stake. ProPublica

How Trump Received Away With It, In keeping with Jack Smith Time

South of the Border

Depose Maduro Bret Stephens, NYT

Biden Administration

Biden warns in farewell tackle that an ‘oligarchy’ of ultrarich in US threatens way forward for democracy AP. Commentary:

In 2020, there was one individual price over $100 billion. Immediately on the finish of Biden’s time period there are 16 of them. https://t.co/QXV7CRV4Wg pic.twitter.com/sbuKxCZdES

— Matt Stoller (@matthewstoller) January 16, 2025

Democrats en deshabillé

Kamala Harris Paid the Worth for Not Breaking With Biden on Gaza, New Ballot Exhibits Ryan Grim, Dropsite

Spook Nation

The CIA’s Racak ‘Bloodbath’ Hoax Equipment Klarenberg, International Delinquents

The Bezzle

Pension funds dabble in crypto after large bitcoin rally FT

The Ultimate Frontier

SpaceX rocket launches personal missions to Moon BBC

Healthcare

UnitedHealth, employer of slain exec Brian Thompson, discovered to have overcharged some most cancers sufferers for medication by over 1,000% Fortune

Zeitgeist Watch

I’m taking my well being significantly this winter – right here’s why all of us ought to Unbiased

Kelly Stafford Admits She Felt ‘Guilt’ for Exposing Total L.A. Rams Crew to Sick Youngsters on Non-public Jet Individuals

Hypothesis: Euthanasia Will Develop into Coercive Lyman Stone

The Co-Opted Chinese language Phrase That Broke Threat Administration Oxebridge

The Weight of a Stone American Scholar

Antidote du jour (Derek Keats):