Categories Finance

Links for August 22, 2026 | Naked Capitalism

Brand Hype Has Existed Since the Bronze Age, Scientists Discover 404 Media

2,200-Year-Old Roman Shipwreck Reveals Ancient Waterproofing Secrets Science Daily (Kevin W)

Chinese Stem Cell Therapy Reverses Heart Failure in 90% of Patients in Landmark Trial South China Morning Post

#COVID-19/Pandemics

Ebola Outbreak Out of Control in Democratic Republic of the Congo, WHO Says: ‘It Is Spreading Faster Than Our Ability to Contain It’ ElPais

Climate/Environment

Recent Temperature and Energy Imbalance Trends Point to Higher Estimates of Future Warming ESS Open Archive

How an ‘Unprecedented’ Super El Niño Could Reshape Extreme Weather for 12 of Asia’s Biggest Cities Independent

The Strongest El Niño on Record Lands on the Tightest Energy Market in Years OilPrice

Giant Whales Move into Greenland Waters as Ice Disappears BBC

“Extreme drought is changing Britain’s wildlife – and some effects won’t be seen until next year…
“In some parts of the world, species have evolved to adapt to extreme heat and drought. However, in Britain, which has a history of cold winters, cool summers, and abundant rain, there hasn’t been any pressure to evolve such adaptations.”

Source

Firefighters Sound Alarm as US Faces Critical Staffing Shortage: ‘We Don’t Have Enough People’ Guardian

Pakistan’s ‘Red Chili Capital’ Faces a Climate Crisis Threatening Its Signature Crop YNet

Water

The “Asian Water Tower” is Losing 24 Billion Tonnes of Groundwater Every Year Asia Times (Kevin W)

The Drying Tears of the Himalayas: Why Kashmir’s Water Crisis is a Warning to the World Rising Kashmir

In Drought-Stricken France, Tankers Supply Drinking Water TBS News

Amid Extreme Heat, Water Grows Scarce Around Berlin DW

‘Climate Camp’ Trains Kids for Future Droughts in Hungary CGTN

China?

Flood of Discounted Auction Homes Deepens China’s Property Slump Asia Times (Kevin W)

China to Build Environmental Monitoring Station Near Disputed Scarborough Shoal South China Morning Post

Hundreds of Tibetans Protest China’s Ethnic Unity Law by Shaving Heads Aljazeera

Japan

Japan Bond Yields Rise as Oil Gains Stoke Fresh Inflation Concerns Investing Live

Japan’s Historic Yen Intervention Has ‘Turbo-Charged’ the Carry Trade CNBC

Koreas

South Korea’s Economy at Risk as Trump Throws It Under the Bus Asia Times (Kevin W)

North Korea Fires 10 Missiles Day After Trump Curtails South Korea Joint Drills Guardian

Southeast Asia

Myanmar Military Offensive Targets Land for Russia-Backed Port Project Reuters

Africa

Sudan War: 200,000 Newly Displaced as Fighting and Floods Intensify UN

Somalia Faces Another Hunger Crisis; UN Food Agency Head Says It Has Far Less Funds to Help Independent

Fighting Breaks Out in Western Tigray as Ethiopia and TPLF Trade Blame Hiiraan

Over 200,000 People Newly Displaced in Sudan’s Kordofan as Fighting Rages Aljazeera

South of the Border

US Pummels Cuban Economy with New Sanctions on Mining, Construction Aljazeera

First Group of Deportees Arrives in Troubled Haiti After US Ends TPS Program Independent

US Military Assists Ecuador in First Land Operation Against Cartels ABC

European Disunion

Heatwaves and Energy Crunch: Can Europe Withstand a Double Shock? Aljazeera

Europe’s Hollowed-Out Armies: The Race to Find 100,000 Soldiers Euronews

Record German Debt Sales Deepen Strains for Europe’s Battered Bond Market Reuters

Denmark Deploys First Conscripts to Greenland Euractiv

Strömmer’s New Prisons Became a Clown Show Aftonbladet via Machine Translation. Micael T: “Sweden Rents Prison Space in Estonia. Slight Problem: Estonia Refuses to Let the Prisoners into the Country.”

Old Blighty

John Healey Warned to Limit Budget Borrowing Amid Bond Sell-Off Financial Times

Councils Across the UK Are Increasingly Turning Towards Artificial Intelligence (AI) as They Try to Fill a Looming £4bn Financial Black Hole BBC. Let me know how that works.

Prince Harry and Six Others Face Privacy Case Legal Bill of Up to £34.5m BBC. BWAHAHA.

Israel vs. The Resistance

Arms Sales to Israel are Slowing. But That’s Only Half the Story +972 (Resilc)

Iran War

Iranian Oil Supply to Chinese Refiners Squeezed by US Blockade Bloomberg

How China and Russia Could Hobble Trump’s Plans to Isolate Iran Aljazeera

Iran’s Weapons Production Doubled in Past Year Despite US, Israeli Strikes Sputnik (Robin K)

Pentagon Says Over 750 US Troops Wounded During War on Iran The Cradle (Resilc)

Trump’s Iran Blockade Suffers Massive Blow as China Refuses to Cooperate | Janta Ka Reporter. Many Good Clips, Including Lindsey Graham’s Sister, Now a Senator, Melting Down in an Interview.

Twenty Years of Hawkish Lies Daniel Larison

Syraqistan

Pakistan Says It Shot Down Taliban Drone, Rejects Afghan Strike Claims Kabul Tribune

Pakistani Forces Kill Five Militants in Restive Southwest Amid Surge in Attacks Arab News

New Not-So-Cold War

Ukraine’s Ultranationalist War On History Kit Klarenberg

Big Brother is Watching You Watch

U.S. Citizen Who Deleted Phone’s Data Says His Prosecution Puts Privacy at Risk New York Times (Resilc)

Imperial Collapse Watch

How China Destroyed US Sanctions Against Iran, Russia, and North Korea YouTube (Resilc)

Army Will Shut Down a Unit in Europe Focused on Learning Drone Warfare Associated Press (Kevin W)

Brazil on the Brink of Overtaking U.S. as Top Agricultural Exporter Seeking Alpha (Resilc)

Why America Won’t Copy Sweden’s Cheap Highway Fix YouTube (Micael T)

Trump 2.0

Exclusive: Navy Weighs Renaming Carrier Slated to Honor Black War Hero, Potentially Switching It to Trump CNN (Resilc)

The Art of the Self-Deal Peggy Noonan, Wall Street Journal (Resilc)

Two Years Ago, They Revered Trump; Now, They Ridicule and Revile Him New Republic (Resilc)

Supreme Court Says Trump can Continue Ballroom Work as It Weighs Case Washington Post

Massie, Greene Slam Trump’s Move to Lower Beef Prices The Hill

Tariffs

American Tariffs on Canadian Goods Take Effect After Trade Talks Fall Apart CBC (Resilc)

Economy

‘Perfect Storm’ Brews for Global Food Supply This Winter as Grain Prices Soar CNBC

ZOMG, the diesel crunch will get worse:

The Iran War Energy Crisis is Just Getting Started Reuters

Western Oil Refinery Closures Set to Continue Despite War Shock Financial Times

Walmart Posts Weakest Growth in Years, a Worrying Sign of Inflation-Weary Americans Washington Post

Why Does Everything Feel Like a Scam? Your Brain on Money (Resilc). About Practical Effects of Inflation.

The Drone War is Coming for Global Shipping Politico

Mr. Market is Getting Nervous

‘Rearranging Deckchairs on the Titanic’: Bonds Erase the Impact of Treasury’s Intervention NBC

US Long-Term Bonds Slide as Treasury Secretary Bessent’s Intervention Fails to Soothe Investors Financial Times (Kevin W)

It Won’t Take Much to Burst the Stock Market Bubble Bloomberg

AI

You’re Already Funding the AI Bubble — and You’ll Pay for the Bust Benzinga

The Bezzle

Trump Targets 1,000+ Annual U.S. Space Launches By 2030 Seeking Alpha. Resilc: “Golden Era of Musk Welfare.”

Private Credit Risks Remain at Large Financial Times. An Editorial

Class Warfare

Natalie Harp’s Taxpayer-Funded Salary Under Fire as It’s Compared to Pay of USS Lincoln Sailors The Mirror (Resilc)

Antidote du Jour:

And a bonus (Robin K):

And a second bonus:

And a third:

See yesterday’s Links and Antidote du Jour here.

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