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Links for May 4, 2026 | Naked Capitalism

Explore Current Events: A Snapshot of Global Issues

<p>Stay informed with our comprehensive selection of recent articles covering a range of pressing topics, from environmental concerns to international politics. Below, we present various issues making headlines today.</p>

<p><a href="https://worksinprogress.co/issue/the-invention-of-buses/" target="_blank" rel="nofollow">The Invention of Buses</a> - Works in Progress</p>
<p><a href="https://www.apricitas.io/p/americas-electricity-gap" target="_blank" rel="nofollow">America’s Electricity Gap</a> - Apricitas Economics</p>

<p><strong>Climate & Environment</strong></p>
<blockquote>
    <p><a href="https://archive.is/x1ZM2" target="_blank" rel="nofollow">The Invisible Force Making Food Less Nutritious</a> - Washington Post</p>
    <p><a href="https://scitechdaily.com/after-37-years-the-worlds-longest-running-soil-warming-experiment-uncovers-a-startling-climate-secret/" target="_blank" rel="nofollow">After 37 Years, the World’s Longest-Running Soil Warming Experiment Uncovers a Startling Climate Secret</a> - SciTech Daily</p>
    <p><a href="https://thefern.org/2026/04/what-does-a-farmer-do-when-he-loses-his-soil/" target="_blank" rel="nofollow">What Happens When a Farmer Loses His Soil?</a> - Food and Environment Reporting Network</p>
    <p><a href="https://www.science.org/doi/10.1126/sciadv.aec1433?" target="_blank" rel="nofollow">Physics-Based Models Outperform AI Weather Forecasts of Record-Breaking Extremes</a> - Science. This brings to mind <a href="https://www.noaa.gov/news-release/noaa-deploys-new-generation-of-ai-driven-global-weather-models" target="_blank" rel="nofollow">news from December.</a></p>
    <p><a href="https://e360.yale.edu/features/longevity-conservation" target="_blank" rel="nofollow">Older and Wiser: How Elder Animals Help Species to Survive</a> - Yale Environment 360</p>
</blockquote>

<p><strong>Pandemics</strong></p>
<blockquote>
    <p><a href="https://afludiary.blogspot.com/2026/05/brief-background-on-suspected.html" target="_blank" rel="nofollow">Brief Background on the Suspected Hantavirus Outbreak on a Cruise Ship (from Argentina)</a> - Avian Flu Diary</p>
</blockquote>

<p><strong>Water Conservation</strong></p>
<blockquote>
    <p><a href="https://tucson.com/news/local/environment/article_35b5a661-862f-46ae-8410-0f766909071a.html" target="_blank" rel="nofollow">Arizona, California, and Nevada Announce Plan to Save Colorado River Water</a> - Arizona Daily Star</p>
    <p><a href="https://grist.org/drought/california-will-soon-have-more-than-300-data-centers-where-will-they-get-their-water/" target="_blank" rel="nofollow">California Will Soon Have More Than 300 Data Centers: Where Will They Get Their Water?</a> - Grist</p>
</blockquote>

<p><strong>Japan</strong></p>
<blockquote>
    <p><a href="https://www.aa.com.tr/en/economy/japan-to-purchase-russian-crude-oil-amid-global-energy-crisis/3925734" target="_blank" rel="nofollow">Japan to Purchase Russian Crude Oil Amid Global Energy Crisis</a> - Anadolu Agency</p>
</blockquote>

<p><strong>China</strong></p>
<blockquote>
    <p><a href="https://www.businesstimes.com.sg/international/global/chinas-rare-defiance-us-sanctions-sparks-showdown-over-banks?" target="_blank" rel="nofollow">China’s Rare Defiance of US Sanctions Sparks Showdown Over Banks</a> - Business Times</p>
    <p><a href="https://chinaarticles.substack.com/p/keep-the-wolves-away?" target="_blank" rel="nofollow">Keep the Wolves Away</a> - China Articles. A perspective from the <a href="https://www.hoover.org/profiles/matthew-turpin" target="_blank" rel="nofollow">Hoover Institution and Palantir</a>.</p>
    <p><a href="https://www.scmp.com/economy/china-economy/article/3352248/chinas-common-prosperity-push-faces-reality-check-inequality-rises-study?module=top_story&amp;pgtype=homepage" target="_blank" rel="nofollow">China’s ‘Common Prosperity’ Push Faces Reality Check as Inequality Rises: Study</a> - South China Morning Post</p>
</blockquote>

<p><strong>India</strong></p>
<blockquote>
    <p><a href="https://countercurrents.org/2026/05/meritocracy-myth-in-india-who-really-gets-ahead/" target="_blank" rel="nofollow">Meritocracy Myth in India: Who Really Gets Ahead?</a> - Countercurrents</p>
    <p><a href="https://www.financialexpress.com/opinion/noidas-workers-expose-the-fault-line-between-indias-economic-ambition-and-labour-market-reality/4214482/" target="_blank" rel="nofollow">Noida's Workers Expose the Fault Line Between India's Economic Ambition and Labour Market Reality</a> - Financial Express</p>
    <p><a href="https://www.cnbc.com/2026/05/04/india-coal-power-heatwave-lng-supply-demand-prices-generation.html" target="_blank" rel="nofollow">India Is Burning More Coal as Extreme Heat and the Iran War Squeeze Energy Supplies</a> - CNBC</p>
</blockquote>

<p><strong>Middle East Conflict</strong></p>
<blockquote>
    <p><a href="https://www.aljazeera.com/news/2026/5/3/israel-threatens-gaza-war-resumption-to-force-disarmament-as-truce-frays?" target="_blank" rel="nofollow">Israel Threatens Gaza War Resumption to Force Disarmament as ‘Truce’ Frays</a> - Al Jazeera</p>
    <p><a href="https://www.972mag.com/al-bustan-east-jerusalem-self-demolition/" target="_blank" rel="nofollow">In East Jerusalem, ‘A Whole Palestinian Community Is About to Be Expelled’</a> - +972 Magazine. For a biblical theme park no less.</p>
    <p><a href="https://swedenherald.com/article/more-than-20-arrested-after-trying-to-bring-goat-to-temple-mount-for-pesach-sacrifice" target="_blank" rel="nofollow">Over 20 Arrested in Jerusalem for Suspected Goat Sacrifice on the Temple Mount</a> - Sweden Herald</p>
    <p><a href="https://chandragupta.substack.com/p/the-samson-files-i-dimona-and-the?" target="_blank" rel="nofollow">The Samson Files I: Dimona and the Birth of Nuclear Ambiguity</a> - Kautilya The Contemplator</p>
</blockquote>

<p style="text-align: center;">***</p>

<p><a href="https://larrycjohnson.substack.com/p/operation-project-freedom-scamming" target="_blank" rel="nofollow">Operation Project Freedom… Scamming the War Powers Act</a> - Larry Johnson</p>

<blockquote class="twitter-tweet">
    <p dir="ltr" lang="en">You have to be kidding me. WSJ: <a href="https://t.co/sWhml9r4Ax" target="_blank" rel="nofollow">https://t.co/sWhml9r4Ax</a> <a href="https://t.co/0D7YXDtgma" target="_blank" rel="nofollow">pic.twitter.com/0D7YXDtgma</a></p>
    <p>— Amerikanets 📉 (@ripplebrain) <a href="https://twitter.com/ripplebrain/status/2051099052117209375?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 4, 2026</a></p>
</blockquote>

<blockquote class="twitter-tweet">
    <p dir="ltr" lang="en">⚔️ Casus Belli: Trump has ordered the US Navy to escort commercial ships through the Strait of Hormuz, warning Iran to stand down, or else. Iran has ordered ships near the strait to move away from it. Tensions escalate.</p>
    <p>— Will Schryver (@imetatronink) <a href="https://twitter.com/imetatronink/status/2051055641838702955?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 3, 2026</a></p>
</blockquote>

<p><strong>European Disunion</strong></p>
<blockquote>
    <p><a href="https://ostdeutscheallgemeine-com.translate.goog/article/bundesregierung-in-erklaerungsnot-wo-sind-all-die-milliarden-euro-fuer-aufruestung-geblieben-10033538?_x_tr_sl=de&amp;_x_tr_tl=en&amp;_x_tr_hl=en&amp;_x_tr_pto=wapp" target="_blank" rel="nofollow">The German Government is Struggling to Explain: Where Have All the Billions Spent on Defense Gone?</a> - Ostdeutsche Allgemeine (machine translation)</p>
    <p><a href="https://www.e-flux.com/notes/6783488/what-did-the-golden-lion-die-of-on-judgment-and-disavowal-at-the-venice-biennale" target="_blank" rel="nofollow">What Did the Golden Lion Die Of? On Judgment and Disavowal at the Venice Biennale</a> - e-flux</p>
</blockquote>

<p><strong>Africa</strong></p>
<blockquote>
    <p><a href="https://www.aljazeera.com/news/2026/5/3/us-military-says-two-service-members-taking-part-in-morocco-drills-missing" target="_blank" rel="nofollow">US Military Reports Two Service Members Missing During Morocco Drills</a> - Al Jazeera</p>
    <p><a href="https://news.antiwar.com/2026/05/03/us-launches-61st-airstrike-of-the-year-in-somalia/" target="_blank" rel="nofollow">US Launches 61st Airstrike of the Year in Somalia</a> - Antiwar</p>
</blockquote>

<p><strong>Old Blighty</strong></p>
<blockquote>
    <p><a href="https://democracyforsale.substack.com/p/dominic-cummings-moonshot-agency-aria-big-tech-52m-google-open-ai" target="_blank" rel="nofollow">Dominic Cummings' “Moonshot” Agency Awarded £52m to US Tech Firms</a> - Democracy for Sale</p>
    <p><a href="https://www.independent.co.uk/news/uk/home-news/ue-loan-ukraine-war-russia-b2969774.html" target="_blank" rel="nofollow">UK to Enter Talks on Joining European Union's £78bn Loan for Ukraine</a> - The Independent</p>
</blockquote>

<p><strong>New Not-So-Cold War</strong></p>
<blockquote>
    <p><a href="https://gcaptain.com/ukrainian-drones-hit-russias-primorsk-port-oil-tankers-and-military-ships/" target="_blank" rel="nofollow">Ukrainian Drones Hit Russia’s Primorsk Port, Oil Tankers, and Military Ships</a> - Reuters</p>
</blockquote>

<blockquote class="twitter-tweet">
    <p dir="ltr" lang="en">Leningrad Oblast repelled a massive attack by Ukrainian UAVs, shooting down over 60 drones. These drones utilized airspace from Poland to Finland.</p>
    <p>— Mats Nilsson (@mazzenilsson) <a href="https://twitter.com/mazzenilsson/status/2051069723450765561?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 3, 2026</a></p>
</blockquote>

<blockquote>
    <p><a href="https://www.turkiyetoday.com/region/sweden-seizes-suspected-russian-shadow-fleet-tanker-in-baltic-sea-3219315" target="_blank" rel="nofollow">Sweden Seizes Suspected Russian Shadow Fleet Tanker in the Baltic Sea</a> - Türkiye Today</p>
    <p><a href="https://www.vedomosti.ru/opinion/columns/2026/05/04/1194817-thanks-but-no-thanks-thats-enough-stop" target="_blank" rel="nofollow">Thanks, But No Thanks. That’s Enough. Stop!</a> - Maria Zakharova, Vedomosti. A response to alleged US threats against a Russian diplomat’s child.</p>
    <p><a href="https://eventsinukraine.substack.com/p/mobilization-to-intensify" target="_blank" rel="nofollow">Mobilization to Intensify</a> - Events in Ukraine</p>
    <p><a href="https://www.intellinews.com/new-nabu-tapes-implicate-zelenskiy-s-inner-circle-in-corruption-440581/?source=russia" target="_blank" rel="nofollow">New NABU Tapes Implicate Zelenskiy's Inner Circle in Corruption</a> - Intellinews</p>
</blockquote>

<p><strong>Trump 2.0</strong></p>
<blockquote>
    <p><a href="https://apnews.com/article/trump-courts-contempt-defiance-7b94b24901d42961afe323d02e352733?" target="_blank" rel="nofollow">Trump Flexes Executive Power with Unprecedented Flouting of Lower Court Rulings</a> - AP</p>
    <p><a href="https://jackpoulson.substack.com/p/north-carolinian-mercenaries-hired?" target="_blank" rel="nofollow">North Carolinian Mercenaries Hire Recent Advisor to Trump’s UN Ambassador While Pressing for Board of Peace Role</a> - All-Source Intelligence</p>
    <p><a href="https://the307.substack.com/p/trump-taps-israel-lobbyist-from-israeli" target="_blank" rel="nofollow">Trump Taps Israel Lobbyist From Israeli Intelligence Cutout to Join Iran Negotiations</a> - The Dissident</p>
    <p><a href="https://oilprice.com/Energy/Energy-General/Trumps-Renewable-Energy-Crackdown-Hits-Legal-Wall.html" target="_blank" rel="nofollow">Trump’s Renewable Energy Crackdown Hits Legal Wall</a> - OilPrice</p>
    <p><a href="https://www.commondreams.org/news/social-security-data-leaked-trump" target="_blank" rel="nofollow">After More Private Social Security Data Exposed by Team Trump, Where Will GOP ‘Draw the Line’?</a> - Common Dreams</p>
</blockquote>

<p><strong>Political Discontent</strong></p>
<blockquote>
    <p><a href="https://www.politico.com/news/2026/05/03/kamala-harris-malibu-home-2028-00903561" target="_blank" rel="nofollow">Kamala Harris Bought a Malibu Home, Sparking Neighborhood Speculations</a> - Politico</p>
</blockquote>

<p><strong>Imperial Collapse Watch</strong></p>
<blockquote>
    <p><a href="https://www.kxan.com/technology/robots-are-building-clay-homes-in-central-texas-using-dirt-from-the-ground/" target="_blank" rel="nofollow">Robots Are Building Clay Homes in Central Texas Using Local Dirt</a> - KXAN</p>
    <p><a href="https://edition.cnn.com/2026/04/25/business/china-imports-americans-homebuilding-costs" target="_blank" rel="nofollow">Tired of High Costs, Some Americans Are Importing Homes Straight from China</a> - CNN</p>
    <p><a href="https://www.nplusonemag.com/issue-52/the-intellectual-situation/sinophobic-sinophilia/" target="_blank" rel="nofollow">Sinophobic Sinophilia</a> - n+1</p>
</blockquote>

<p><strong>Agriculture</strong></p>
<blockquote>
    <p><a href="https://adamtooze.substack.com/p/chartbook-445-is-a-china-shock-coming" target="_blank" rel="nofollow">Chartbook 445: Is a “China Shock” Coming for the “Big Ag” Food Regime?</a> - Adam Tooze</p>
    <p><a href="https://enlightenedomnivore.substack.com/p/whats-the-deal-with-meat-prices-and" target="_blank" rel="nofollow">What’s the Deal with Meat Prices? And Why Is Beef Different?</a> - Enlightened Omnivore</p>
    <p><a href="https://archive.is/k2fUF#selection-1599.0-1599.67" target="_blank" rel="nofollow">UAE Fertilizer Giant Resorted to Trucks to Shift Product Out of Gulf</a> - Financial Times</p>
    <p><a href="https://www.desmog.com/2026/04/30/fertiliser-grain-bosses-bank-66-million-selling-shares-iran-war/" target="_blank" rel="nofollow">Fertilizer and Grain Bosses Bank $66 Million Selling Shares During Iran War</a> - DeSmog</p>
    <p><a href="https://orionmagazine.org/article/american-farmworkers/" target="_blank" rel="nofollow">American Farmworkers</a> - Orion</p>
</blockquote>

<p><strong>Police State Watch</strong></p>
<blockquote>
    <p><a href="https://gothamist.com/news/nyc-officials-criticize-ice-after-clash-outside-brooklyn-hospital-leads-to-8-arrests" target="_blank" rel="nofollow">NYC Officials Criticize ICE After Clash Outside Brooklyn Hospital Leads to 8 Arrests</a> - Gothamist. It appears that Mamdani’s NYPD is collaborating with ICE.</p>
</blockquote>

<p><strong>Big Brother Is Watching You Watch</strong></p>
<blockquote>
    <p><a href="https://archive.is/IK2d8#selection-711.0-713.24" target="_blank" rel="nofollow">Ghost Operators: How Israeli Telecoms Were Exploited to Track Citizens Worldwide</a> - Haaretz</p>
</blockquote>

<p><strong>Gun Violence</strong></p>
<blockquote>
    <p><a href="https://www.aa.com.tr/en/americas/-at-least-10-injured-in-mass-shooting-near-lake-arcadia-in-us-state-of-oklahoma/3925988" target="_blank" rel="nofollow">At Least 10 Injured in Mass Shooting Near Lake Arcadia in Oklahoma, US</a> - Anadolu Agency</p>
</blockquote>

<p>Our Fame for Free Press</p>
<blockquote class="twitter-tweet">
    <p dir="ltr" lang="en">Fox News claims that Iran is equipping dolphins with suicide bombs. Who actually believes this propaganda anymore?</p>
    <p>— Ethan Levins 🇺🇸 (@EthanLevins2) <a href="https://twitter.com/EthanLevins2/status/2050867274517479514?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 3, 2026</a></p>
</blockquote>

<p><strong>AI Developments</strong></p>
<blockquote>
    <p><a href="https://www.sfgate.com/business/article/states-across-the-wildfire-prone-western-us-are-22236503.php" target="_blank" rel="nofollow">States Across Wildfire-Prone Western US Utilize AI for Early Detection</a> - AP. This technology comes at a high cost and necessitates human verification.</p>
</blockquote>

<p><strong>Healthcare Challenges</strong></p>
<blockquote>
    <p><a href="https://erictopol.substack.com/p/the-paradox-of-medical-ai-implementation?" target="_blank" rel="nofollow">The Paradox of Medical AI Implementation</a> - Eric Topol</p>
</blockquote>

<p><strong>Current Economic Trends</strong></p>
<blockquote>
    <p><a href="https://thecradle.co/articles-id/37468" target="_blank" rel="nofollow">OPEC+ Members Agree to ‘Symbolic’ Oil Production Hike</a> - The Cradle</p>
    <p><a href="https://finance.yahoo.com/news/us-oil-supplier-last-resort-133000501.html" target="_blank" rel="nofollow">US Becomes Oil Supplier of Last Resort as Hormuz Disruptions Worsen</a> - Bloomberg. Experts warn record American exports may soon be unsustainable.</p>
</blockquote>

<p><strong>Antitrust Matters</strong></p>
<blockquote>
    <p><a href="https://www.thebignewsletter.com/p/who-killed-spirit-airlines" target="_blank" rel="nofollow">Who Killed Spirit Airlines?</a> - Matt Stoller</p>
</blockquote>

<p><strong>Casino Trends</strong></p>
<blockquote>
    <p><a href="https://archive.is/7DSiy#selection-2155.0-2155.67" target="_blank" rel="nofollow">Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets</a> - WSJ. A revealing chart:</p>
</blockquote>
<p>
    <img fetchpriority="high" decoding="async" class="aligncenter size-large wp-image-309744" src="https://www.nakedcapitalism.com/wp-content/uploads/2026/05/HHcd3uCW8AAwZIN-607x1024.jpeg" alt="" width="355" height="600"/>
</p>

<p><strong>Class Warfare</strong></p>
<blockquote class="twitter-tweet">
    <p dir="ltr" lang="en">The wealth gap has never been wider:</p>
    <p>US private sector financial assets relative to GDP have reached a record level of 6.7 times. This indicates the total value of stocks, bonds, and other financial instruments held by the private sector has never been larger compared to the real economy.</p>
    <p>— The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/2051089701658821102?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 4, 2026</a></p>
</blockquote>

<p><strong>Daily Antidote (<a href="https://x.com/Mostly_Macro/status/2050787434443460886/photo/1" target="_blank" rel="nofollow">via</a>):</strong></p>
<p>
    <img decoding="async" class="aligncenter size-full wp-image-309720" src="https://www.nakedcapitalism.com/wp-content/uploads/2026/05/Screenshot-2026-05-03-at-2.02.47 PM-e1777809752588.png" alt="" width="600" height="598"/>
</p>

<p>Follow up on yesterday's links and daily antidote <a href="https://www.nakedcapitalism.com/2026/05/Links-5-3-2026.html">here</a>.</p>

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