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Links 5/10/2025 | naked capitalism

by Yves Smith
May 10, 2025
in Finance
Reading Time: 11 mins read
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Pricey affected person readers,

We’ve numerous hyperlinks in the present day because of together with Victory Day protection. Get pleasure from!

* * *

Former Supreme Court docket Justice David Souter dies at 85 NPR

NYC has pigeon individuals, and individuals who poo-poo pigeons: Understanding ‘rats with wings’ Gothamist. I used to be creating a concept of thoughts with respect to the pigeons that may perch on the railing of my tiny terrace (those right here look similar to NYC pigeons however a teeny bit smaller…possibly an impact of the warmth?). Some did appear to be having fun with the view. However they pooped an excessive amount of so I took to chasing them off.

Scorpions ‘taking up’ Brazilian cities with reported stings rising 250% Guardian (resilc)

BOOM💥💥💥

Chinese language tech big Baidu has unleashed a game-changing patent that might redefine our bond with animals—utilizing revolutionary AI to translate their sounds into human language!
The South China Morning Put up reveals this groundbreaking system captures voice, physique… pic.twitter.com/PLkQEmJe22

— Angelo Giuliano 🇨🇭🇮🇹🔻🔻🔻 (@angeloinchina) May 7, 2025

#COVID-19/Pandemics

Precise Covid deaths in India had been 6 occasions greater than the reported. The worst is Gujarat whose actuals are 33 occasions extra. That Kerala is the bottom among the many states (1.5 occasions) offers me no comfort. Its well being minister KK Shailaja hid 1 in each 3 deaths! pic.twitter.com/6bSmEGNlcX

— N.S. Madhavan (@NSMlive) May 9, 2025

On the Novavax earnings name in the present day, the top of R&D made an attention-grabbing declare.

She stated that the Novavax COVID vaccine is able to inducing mucosal antibodies that might defend in opposition to an infection.

This strains up with earlier information that has been printed on the vaccine. 🧵 pic.twitter.com/zL1EgtRfKO

— Friesein (@Friesein) May 8, 2025

Including to Dr. Hirschson’s factors:

1: It isn’t doable to get H5N1 out of the North American ecosystem now. It’s there to remain.

2: There are a number of modes that H5N1 might mutate to environment friendly human transmission. H5N1 issues me greater than Covid, which is saying one thing. https://t.co/XgwpRHDWJB

— Conor Browne (@brownecfm) May 9, 2025

Local weather/Setting

International warming reaches 1.58C over 12 months to end-April Monetary Instances

Extreme Hailstorm Strikes Asenovgrad Villages, Crops and Vehicles Broken Novinite. Certainly one of many tales about monster hailstones and/or heavy hail storms, akin to in Spain and China. But many spots within the Mediterranean, Center East and Africa sweltering beneath document warmth.

China?

China reviews bumper April exports forward of essential commerce talks with US Monetary Instances. Working this headline as a result of just about all US headlines on the identical information flogged the massive decline of exports to the US. However this appears off:

Heron Lim, an economist at Moody’s Analytics, stated that, whereas China’s commerce with the US dropped 21 per cent year-on-year in April, it rose by an equal proportion with south-east Asian nations and eight per cent with the EU. “The most important will increase in outbound shipments went to Indonesia, Thailand and Vietnam,” Lim stated.

My finest guess is channel stuffing, which isn’t sustainable. Thailand has been making earnest official statements about not transshipping, and so they have incentives not to take action provided that their negotiations with the US have but to begin. Thailand has additionally been making noises concerning the danger of China dumping product and what they’ll do about that.

Trump Administration Dwell Updates: President Indicators He’s Open to Slashing China Tariffs New York Instances (resilc). Erm, the Chinese language place has been tariff cuts first, solely then one thing greater than tea and cookies chats. So is he making an attempt to behave as if a concession China requires was his gracious thought?

Trump proposes 80% China tariff forward of commerce talks BBC. 80% tariffs are functionally no totally different than 145%. So excessive as to kill all purchases (save maybe for one thing completely important like meds…which in that case, you’d additionally purchase at 145% when you might scrape up the funds).

First Chinese language freight ship items hit with Trump’s 145%-plus tariffs arriving at U.S. ports CNBC (Kevin W)

To counter reader beliefs that China is faring nicely economically…from a reader in a really excessive finish resort space:

Spouse has been employed as a Mandarin translator on a tour bus firm right here…

So, spouse needed me to go along with her on the tour yesterday – every kind of animals and surroundings. It was a luxurious bus ( I’ve by no means seen something even remotely prefer it) stuffed with Chinese language actors and billionaires. She knew a number of the individuals on board from watching their movies, and so forth. She went up and down the bus speaking to them. The tour apparently began in [West Coast city] with two of them being robbed at gunpoint. All of them made certain to inform my spouse that the massive cause tourism is down is as a result of that sort of factor is going on always to vacationers in America’s large cities and that’s the essential cause nobody desires to go there – they take their possibilities to go via – after which locations like right here get slammed.

The abstract of the information from China from this cohort’s perspective – China has been severely struggling economically for a while. There was already LOTS of anger towards Xi and the CCP even earlier than the tariffs. Now, with them, individuals are getting laid off and fired – and there may be actually ENORMOUS stress for Xi to get this taken care of and get the roles again ASAP. A couple of of those individuals had been saying that Trump has a a lot significantly better bargaining place – and they’re horrified by how poor the reporting is on this that they’ve seen right here.

India-Pakistan Row

Pakistan says India fired missiles at key navy bases and that retaliation is underway CNN

Pakistan launches retaliatory strikes concentrating on India, says state-run Pakistan tv – dwell updates Guardian

India’s missile assault reveals that managing an India-Pakistan disaster is simpler stated than achieved Bulletin of the Atomic Scientists (resilc)

Yours really is in no place to judge however some readers little question can:

Unbelievable Pakistan Air Drive debriefing about India-Pakistan air battle pic.twitter.com/tuIIi9EdmO

— Carl Zha (@CarlZha) May 9, 2025

Logic and reasoning within the time of struggle Indian Punchline (Kevin W)

European Disunion

Germany to declare immigration emergency – media RT

The Highway Proper Wolfgang Streeck, New Left Evaluation (Robin Okay)

New German chancellor tells US to ‘keep out’ of Berlin’s affairs RT (Robin Okay)

Pope Watch

Pope Leo XIV is the primary pope with a web-based footprint The Verge (resilc)

An American Pope Will Attempt to Unify a Divided Church Wall Avenue Journal

Israel v. the Resistance

Senior Palestinian Resistance Chief: “There might come a day when Israel finds itself eager for Hamas” Drop Website

Unique: Jordan profited as much as $400,000 per Gaza help airdrop, sources say Center East Eye (resilc)

* * *

Trump Decouples U.S. Center East Coverage From Israel’s Pursuits Moon of Alabama (Kevin W)

Is Donald Trump Placing Israel within the Canine Home? Larry Johnson

* * *

Iran’s missile program: Max Blumenthal excursions Tehran’s aerospace park Greyzone. I belief Blumenthal is ready to have all his gadgets seized upon return to the US>

US Gaza pier op was greater than a flop, it was a huge hazard Accountable Statecraft (resilc)

Victory Day

This was in all probability one of the crucial emotional scenes of the primary Victory Day parades. Veterans of the Pink Military, having simply survived 4 years of struggle, dumped their struggle trophies; Nazi flags and swastikas; on the foot of Lenin’s Mausoleum, as if to say to one another, ‘We did it,… pic.twitter.com/oEDE5o57Yd

— WW2 The Japanese Entrance (@ShoahUkraine) May 8, 2025

Blissful Victory Day!

The legacy of our fathers and grandfathers lives on in our hearts.

We do not forget that if the enemy refuses to give up, it should be destroyed. pic.twitter.com/KfPQEx1MsO

— Dmitry Medvedev (@MedvedevRussiaE) May 9, 2025

Greatest moments from the Victory Day parade in Moscow.

I used to be honored to witness the parade in particular person in the present day, however for these watching from overseas, hope this footage makes you’re feeling a fraction of the feelings that go via the guts of each Russian on Might 9.

Blissful Victory Day! pic.twitter.com/0jWFov7FhM

— Margarita Simonyan (@M_Simonyan) May 9, 2025

🚨🇷🇺WATCH THE FULL VIDEO of the Victory Day Parade in Moscow in honor of the eightieth anniversary of WWII victory pic.twitter.com/vvPdg1r51A

— Sputnik (@SputnikInt) May 9, 2025

There are a lot of totally different conventional Victory Day songs, however this one is by far my private favourite – “Smuglyanka” from the long-lasting WWII film “Solely Previous Males are Going into Battle”. It is stunning and vibrant. It is about love. It is about peace. pic.twitter.com/0pZysgp2sW

— Olga Bazova (@OlgaBazova) May 9, 2025

VICTORY DAY 80 Patrick Armstrong (Kevin W)

New Not-So-Chilly Warfare

U.S., Russia In Quiet Talks to Carry Russian Fuel Again to Europe OilPrice. Huh? Much more so than with respect to Ukraine, the Europeans have company. And so they preserve swearing no manner, no how will they take Russian vitality (wellie possibly avoid wasting exceptions that they attempt to reduce). Not sayin’ that Europe won’t finally relent, however it would in all probability take numerous nation-level regime-changing for that to occur. On high of that, Putin identified in one in all his many look how it’s nearly unimaginable to roll again sanctions, and nobody in Russia ought to count on that. So this appears to be like like a US gambit to attempt to achieve leverage with Russia that Russia will politely faux to indulge however is aware of full nicely is empty.

Kallas confirms EU international ministers’ go to to Ukraine on Might 9 Ukrinform (Robin Okay)

Syraqistan

Syria’s New President Has an Provide For Trump Drop Website

Large Brother is Watching You Watch

A few of Hegseth’s Passwords Uncovered in Cyberattacks, Out there on Web – Studies Sputnik (Robin Okay)

Probably the most harmful man in America isn’t Trump—it’s Alex Karp Asia Instances

Imperial Collapse Watch

Pay Consideration to What Occurred in Newark James Fallows (Chuck L)

Trump 2.0

Trump pivots, says GOP ought to ‘in all probability not’ increase taxes on wealthy The Hill

White Home to take alternative of Pentagon chief of employees out of Hegseth’s fingers Guardian (resilc). Wowsers. The probably communications line = much less freedom of motion.

New FEMA head says he’ll ‘run proper over’ employees who resist his adjustments Reuters (Kevin W)

FBI Echoes QAnon Pedophile Conspiracy Ken Klippenstein

DOGE

David Steiner of FedEx is tapped to be the U.S. Postal Service’s new chief NPR (Kevin W)

Tariffs

World’s largest carmaker sees 21% revenue decline as tariffs take a chew CNN (Kevin W)

How Do I Survive?’: Tariffs Threaten U.S. Marketplace for Conventional Chinese language Drugs New York Instances (resilc)

Wisconsin Ginseng Farmers Shedding Patrons because of 147% Tariffs Civic Media (resilc). Wisconsin ginseng is meant to be significantly good…

Trump tariffs to hit small farms in Maga heartlands hardest, evaluation predicts Guardian (resilc)

Opinion: Empty cabinets, for-lease indicators and job layoffs level to recession by summer time MarketWatch (resilc)

Nonpartisan ballot finds ‘remarkably low’ belief in federal well being businesses Iowa Capital Dispatch (Robin Okay)

Immigration

Prime White Home adviser Stephen Miller says ‘we’re actively ’ suspending due course of for migrants NBC (Kevin W). Translation: “We’re actively methods to defy the Structure.”

Decide orders Tufts scholar Rümeysa Öztürk to be launched The Hill

‘It Value Me My Job’ How Serving to Immigrants Can Make You a Goal within the US Zeteo

Trump shut out refugees however is making White Afrikaners an exception Washington Put up (Dr. Kevin)

Democrat Loss of life Want

The Limitations of Partisan Politics Musa Al-Gharbi (albrt). At the moment’s should learn.

The Resistance Is Gonna Be Woke Yascha Mounk. WTF is fallacious with our supposed elites? All around the globe, all they appear in a position to do is double down on failure.

Democrats fume over Biden’s return to highlight The Hill. There are individuals who watch The View? Though the clips get round…

Our No Longer Free Press

YES! Media to Sundown in June 2025 After Almost 30 Years of Unbiased Journalism 🙁

Right here’s the Deranged MAGA Propaganda Coming to Voice of America New Republic resilc: “I used to be concerned with abroad ops for 25 years+. I’ve but to fulfill somebody who ever listened to VOA…..”

Dozens of pro-Palestinian Protesters Detained After Conflict With Police at Columbia Library Haaretz (Robin Okay)

AI

Movies of Humanoid Robots Going Dangerously Berserk Core77 (resilc)

The Bezzle

Why the Senate crypto invoice tanked Politico (Kevin W)

LAZY SAM ALTMAN HIRES NEW OPENAI “CEO” TO DO ALL THE WORK FOR HIM WITHOUT HAVING TO RESIGN Futurism

Prediction Markets and the Pope Rajiv Sethi. This proves a pet peeve: Prediction markets are completely ineffective when the bettors haven’t any/little perception.

Class Warfare

Globalization didn’t hole out the American center class Noah Smith (resilc)

Why Do People Pay Extra for Prescription Medicine? ProPublica (Robin Okay)

Antidote du jour. From Robert, then in Miami:

And a bonus:

he drained his finest 😊 pic.twitter.com/pBP2pr7pkj

— why you need to have an animal (@ShouldHaveAnima) May 9, 2025

A second bonus:

The seagull made enjoyable of him. pic.twitter.com/OpX1zcfH7l

— The Figen (@TheFigen_) May 9, 2025

See yesterday’s Hyperlinks and Antidote du Jour right here.

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