Categories Finance

Links for July 21, 2026 | Naked Capitalism

Courage Before Greatness: The Albert Camus Story Classical Literature (Micael T)

The World’s Highest-Living Mammal Is Rewriting the Limits of Life SciTech Daily (guurst)

#COVID-19/Pandemics

Why Epidemics Breed Rage at Health Workers New York Times (Dr. Kevin)

Climate/Environment

The Deep Ocean Is Changing Our Climate Far Faster Than We Realised Oceanographic Magazine

The British Scientists Battling to Dim the Sun Telegraph

Scientists Warn: Earth’s Waters Are Quietly Running Out of Oxygen Science Daily (Kevin W)

In the Canadian Arctic, an Experiment Aims to Stabilize Thinning Sea Ice Mongabay

Canada Issues Air Quality Warnings Over US Wildfire Smoke After Trump Tariff Threat Guardian (Kevin W)

Latest Precipitation Models Underestimate Risk as ‘1,000-Year’ Rain Events Pummel Texas Inside Climate News

Puerto Rico Announces Emergency Water Rationing as Drought Worsens Independent

China?

China – A Hidden Reality Michael Nicoletos. PlutoniumKun:

An estimate reveals ‘real’ banking losses from the Chinese property crash, which is believed to be significantly higher than the official figure of $520 billion in bad property loans. Analysts suggest that when considering local government debt, regional banks, wealth and trust products, insurance, and unrealized losses in bonds, total economic losses may reach between $3.86 trillion and $12.20 trillion depending on the scenario.

‘Payback’: Why China’s World-Beating Car Industry Faces Plummeting Sales at Home South China Morning Post

The Calm Is the Anomaly: Why the Taiwan Strait Is More Dangerous Than Headlines Suggest Modern Diplomacy

China Flattens the Duck with Molten Salt to Generate Solar Power at Night Kevin Walmsley

Koreas

US, ROK and Japan Military Chiefs Reaffirm North Korea’s Denuclearization Goal NKNews

India

Indian Police Bash and Gas Youth-Led ‘Cockroach’ Protesters Asia Times (Kevin W)

Climate Change: Dengue and Flu Are No Longer Just Seasonal Threats in India NDTV

India’s Weak Monsoon Revives Push for This Ancient Food Staple Bloomberg

Africa

‘You Cannot Hide from a Drone Strike’: The Terror Falling from the Sky in Sudan CNN

At Least 16 Soldiers Killed in Terror Attack in West Niger News.AZ

O Canada

Trump Slaps 50% Tariffs on Canada While Carney Vows to ‘Intensify’ Trade Talks BBC (Kevin W)

Canada Unveils New Pipeline to Reduce Reliance on U.S. Oil Routes OilPrice

South of the Border

Report: Pentagon Develops Options for Striking Cuba Miami Herald (Robin K)

Hundreds of Thousands of Venezuelans Need Aid After Earthquakes: ‘We Have No Income Left’ LeMonde

‘It’s Total Devastation’: Inside the Amazonian Struggle Against Illegal Gold Mining Guardian

European Disunion

Diesel Squeeze in Europe Set to Deepen, Morgan Stanley Reports Bloomberg

Food Prices Set to Rise Again, Driven by This Summer’s Extreme Heat Murica Today

Drones, AI, and White Paint: Europe’s Race to Protect Infrastructure from Heat Reuters

EU Unveils Proposals to Slow Cuts to Businesses’ Greenhouse Gas Emission Limits BBC

What’s Driving Germany’s Planned €800 Billion Remilitarization? Andrew Korybko

Beyond LNG: Berlin’s Diplomatic Moves Indicate a Greater Commitment to Algeria Aljazeera

Cyprus: No More Bases, No More Wars DiEM25 in Cyprus (Robin K)

Old Blighty

Starmer Was a Fabricator and a Fraud. Good Riddance. Middle East Eye (resilc)

Did UK Intelligence Stage the Salisbury Novichok Attack? Tim Norman

Water Shortages Could Derail Plans for One Million New Homes Telegraph

Israel vs. The Resistance

Israel Threatens to Seize Ancient Water Reservoirs Near Bethlehem Guardian

Israeli Ministers Join March to Gaza to Demand Return of Settlements Aljazeera

‘We Have No Future Here’: Lebanese Families Share the Story of a Nation in Collapse National News

* * *

Clashes Resume Between Yemeni Forces and Houthis in Al Hudaydah YeniSafak

Israel’s Dolphin-Class Submarine Alters the Iran War Brandon Weichert

U.S. Aircraft Suffer Heavy Losses as Iran Strikes Key Bases in the Middle East Military Watch

New Not-So-Cold War

Russia Launches Its Largest Ballistic Missile Attack: Ukraine’s Capital Becomes Increasingly Indefensible Military Watch

Instability in Kiev Amid Russian Advances Olivier Boyd-Barrett

‘Everyone’s Afraid to Die’: The Struggle to Recruit Soldiers in Ukraine Turns Violent BBC

Ukrainian Drones Target Russian Warehouses and Oil Sites DW

Kazakhstan Condemns Reported Drone Attacks on Oil Tankers in the Black Sea Export Route Anadolu Agency

Big Brother is Watching You Watch

This Fraudulent Apple App Can Unlock Your Mac’s Password Vault Malwarebytes

Imperial Collapse Watch

Does Trump’s Lack of Credibility Impact the Deep State? Karen Kwiatkowski. A Thoughtful Essay.

The Governance Challenges of Western Politics Explored Through the Lens of Western Bureaucratic Systems and Chinese Perspectives Karl Sanchez

Trump 2.0

Spain Humiliates Trump After His Refusal to Leave Victory Photos New Republic (Dr. Kevin)

Ralph Nader: Citizens’ Impeachment Project, Symposium July 22, 2026 YouTube

Trump’s Officials Are Removing Evidence of Women’s Fight for Freedom and the Vote WA Lawrence

Report: Vance’s Getting ‘Royal Treatment’ Bay Area News Group. Robin K: Pro-Rubio Forces at Work.

The Odds of Congress Passing Another Reconciliation Bill Are Dwindling Michael Shedlock

Our No Longer Free Press

<p><a href="https://zeteo.com/p/a-warning-for-the-us-from-an-indian-journalist" rel="nofollow" target="_blank">This Renowned Indian Journalist Has a Dire Warning for U.S. Media Under Trump</a> Zeteo</p> 

Police State Watch

<p><a href="https://www.stevevladeck.com/p/239-the-alien-terrorist-removal-court" rel="nofollow" target="_blank">The Alien Terrorist Removal Court</a> Steve Vladeck</p> 
<p><a href="https://www.404media.co/new-orleans-cops-published-policy-document-allowing-weaponized-drones/?ref=daily-stories-newsletter" rel="nofollow" target="_blank">New Orleans Police Publish Policy on Allowing Weaponized Drones</a> 404 Media</p> 

Dubious Statistics

Shaky Political “Science”: A Breakdown of the Peer Review Process Democracy SOS

It’s All About the Super PACs: How the New York Times Misreported Campaign Contributions in the Maine Senate Race Statistical Modeling, Causal Inference, and Social Science

Economy

Condo Prices Have Declined by 15% to 33% in 30 Major Cities. Some Have Returned to 2006 Levels Wolf Richter

AI

Big Tech Needs to Justify AI Spending as Investors Dump Stocks Bloomberg

The Made-in-China Anxiety Gripping America’s AI Industry Bloomberg

OpenAI Executive Laments That China Is Offering Superior AI Models Free of Charge Futurism

The Rise of “Sovereign AI” in the Global South: China’s Cooperative Responses China Affairs. The Branding Raises Suspicion.

The Bezzle

U.S. Day Traders Flock to ‘The Most Dangerous Product in Crypto’ Financial Times

Trump Has Normalized Crypto: Is It the Path to the Next Financial Collapse? Guardian

UK Pension Insurers Increase Exposure to Opaque Private Credit Financial Times

ASIC Raises Alarm on Australians’ Exposure to Risks in Private Credit ABC Australia

Class Warfare

<p><a href="https://mltoday.com/the-mummification-of-the-afl-cio/" rel="nofollow" target="_blank">The Mummification of the AFL-CIO</a>  Marxism-Leninism Review</p> 
<p><a href="https://floodlightnews.org/louisiana-toxic-air-monitoring/" rel="nofollow" target="_blank">Louisiana Communities Remain Uninformed About Toxic Air—Industry Helped Keep It That Way</a> Floodlight (Rosie G)</p> 

Antidote du jour. Tracie H: “Marine Blue Butterfly. Fullerton, CA.”

And a bonus:

And a second bonus:

And a third:

For yesterday’s links and antidote of the day, see here.

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