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Links for June 27, 2026 | Naked Capitalism

Introduction: In today’s rapidly evolving global landscape, diverse topics ranging from environmental challenges to geopolitical tensions are making headlines. Here’s a curated selection of articles that delve into pressing issues, offering insights and updates from various corners of the world.

Paradise Revisited Atlantic (Micael T)

Scientists stunned by signs of ancient life in a place no one expected Science Daily (Kevin W)

How the Himalayan Blackberry Took Over the Pacific Northwest JSTOR (Micael T)

Global trade in cocaine, methamphetamine is booming, UN drug report shows Reuters

Left-Wing Ideology, Mental Health and Body Modification Journal of Open Inquiry in the Behavioral Science (Micael T):

“This study focuses specifically on the dimension of social leftism—defined by attitudes on gender, race, immigration, sexual orientation, and personal expression. This differs from economic leftism, which concerns views on redistribution, market regulation, and social welfare.”

Critics argue that the study examines neoliberal identity politics and fails to address genuine leftist issues.

More on the study can be found here.

Climate and Environment

Climate risks are now integral to inflation and monetary policy, as reported by FTAdviser. Read more here.

The Antarctic Peninsula is also experiencing unusual warmth. British Antarctic Survey

Utah is facing unprecedented water shortages as towns run dry. Salt Lake Tribune

Discover how much deforestation is imported through trade. Hannah Ritchie (Micael T)

A hedge fund aims to raise $500 million to trade on El Niño crop risks. Bloomberg

Geopolitical Developments

China

China seeks tariff reductions from the U.S. while criticizing its trade actions. South China Morning Post

China is establishing a strategic minerals corridor. German Foreign Policy

China utilizes its critical minerals advantage against Japan. Bloomberg

New Zealand warns of Chinese military incursions in the Pacific. France24

Japan

U.S. missile deployments in Japan signal a new strategic era. Japan Times

Koreas

North Korea’s Kim calls for a more aggressive military stance amidst weapon tests. Independent

Southeast Asia

China constructed Indonesia’s nickel boom; will it endure the forthcoming crisis? Asia Times (Kevin W)

Africa

“Weaponizing the Womb: Reproductive Genocide in Tigray.” Genocide Watch

The UN reports on the brutal use of sexual violence in Sudan. All Africa

Exploring the implications of rising anti-migrant protests in South Africa. Economist

Johannesburg is facing a collapse risk, prompting calls for state intervention. Bloomberg

Latin America

Economic consequences rise as the death toll from the Venezuelan earthquake increases. Aljazeera

Venezuelans are taking action to find the missing in the aftermath of the earthquake. Associated Press (Kevin W)

Earthquake fatalities increase, prompting U.S. SOUTHCOM to deploy military resources. VenezuelAnalysis (Robin K)

A reflection on the tragic fate of those supporting Che Guevara. Huseyin Dorgu (Robin K)

Colombia’s cocaine trade has surpassed its oil export revenues. OilPrice

European Insights

France endures its hottest day on record amid a severe European heatwave. NBC

United Kingdom

Exploring how various sectors are managing during the extreme heat in the UK. Guardian

Calls for action as the UK sets temperature records for three consecutive days. Guardian (Kevin W)

UK builders warn of severe impacts as steel import tariffs double. Financial Times

Food and drink exports from the UK fall to a decade low due to U.S. tariffs. The Grocer

Farmers express concerns over government strategies to safeguard food security. Guardian

Middle Eastern Conflicts

Israel and Its Adversaries

Amid tensions, Donald Trump refers to Iran using more respectful terminology.

Screenshot

A report details the devastation faced by the U.S. Fifth Fleet HQ in Bahrain. Simplicius

An in-depth examination of how Iran impacted an American naval base. Wall Street Journal

Despite the cessation of direct conflict, the death toll from the U.S.-Iran war continues to rise. Telegraph

Analyzing the ongoing crisis in Lebanon as children continue to be impacted. New York Review of Books (guurst)

New Cold War Dynamics

France has seized multiple Russian tankers associated with the Ukraine conflict. Aljazeera

Ukraine’s strategy unfolds as it applies pressure through Belarus. Kautilya

Russia is grappling with a fuel crisis and logistical challenges in Crimea. TopWar (Micael T)

Sources suggest Russia is preparing provocations in the Baltic states and Poland. Guardian

Kazakhstan is shifting alliances from Moscow to Beijing and Baku. GIS

Digital Privacy Concerns

Nearly one million passports were exposed on the public internet, accessible through a simple URL. CA.

End of an Era

The U.S. plans to set up critical minerals plants at army bases as part of an onshoring initiative. Mining.com

Political Developments

John Bolton has pleaded guilty to charges related to the unlawful retention of sensitive information. The Hill

Immigration Insights

Over 425,000 children in the U.S. are facing deportation hearings without legal representation. DropSite

Economic Outlook

Core services see a surge in inflation as AI affects electricity and goods markets. Wolf Richter

Market Dynamics

Asian stock markets are experiencing a tumultuous downturn, concluding a volatile week. Channel News Asia

A former Wall Street regulator expresses concerns about the current financial climate. Politico

SpaceX’s bond sale indicates that market conditions may be entering a bubble phase. Financial Times

AI Trends

The rise of AI spending is facing significant challenges, leading companies to reevaluate budgets. 404 Media

A comprehensive overview of how generative AI has shifted recently. Gary Marcus

An analysis of the current state of the AI economy. Exponential View (Micael T)

Examining the reasons behind the growing trend of using AI for personal communication. Terry Nguyen (Micael T)

Corporate Accountability

A Medicare Advantage company has agreed to pay $342 million amidst billing investigations. KFF Health News

Market Stability

An analysis of the recent challenges faced by stablecoins. Barry Ritholtz

Ares Management faces significant withdrawal requests from its flagship credit fund. City AM

Experts criticize this year’s Federal Reserve stress test as inadequate. Better Markets

Introducing a millionaire couple promoting extreme economic reforms. New York Post (Micael T)

Social Commentary

Cory Doctorow discusses the ethical implications of AI and its impact on society. Guardian

Class Struggles

The U.S. has the capacity to modernize, but capital is reluctant to invest. William Murphy (Micael T)

An exploration of the current rating industry and its implications. CADTM (Micael T)

Examining the role of techno-oligarchy in modern capitalism. Rebelion via machine translation (Micael T)

An analysis of organized violence and its implications for society. Aeon

The social fabric of our world is ever-changing, reflecting both challenges and opportunities. Awareness and engagement with these issues will be crucial as we move forward in addressing the complexities of our time.

Antidote of the Day

Tracie H:

A female house sparrow on our roof has caught my attention. She chirps and peers over the edge, possibly feeling envious of a hummingbird enjoying a small birdbath below.

Sparrow

And a bonus (Chuck L):

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