Categories Finance

Naked Capitalism Links – July 7, 2026

In today’s roundup of noteworthy articles, we delve into a range of topics, from the intriguing world of shop cats to pressing environmental issues and international relations. This collection paints a vivid picture of our current global landscape, underscoring the complex interplay of nature, society, and politics. Below are some highlights and insights from recent reports.

Recent Reads

Through the Eyes of Shop Cats – Sixth Tone (guurst)

I Thought This Was a Literary Myth Until I Checked – Classical Literature (Micael T)

Sciencing With a Primate Brain: Reflections on the Nature of Scientific Thought – Adam Neiblum (Micael T)

Shift Happens – Oldster (Micael T). I dunno…

Scientists Discover Why Exercise Reverses Muscle Aging – Science Daily (Kevin W)

Climate and Environment

UN Warns of Increased Likelihood of Extreme Weather Events As El Niño Set to Intensify – Aljazeera

China Warming Faster Than the Global Average, Report Indicates – Asia News

Summer Heat Intensifies, Making Arab Capitals Among the Hottest Places on Earth – Arabia Weather

Shipowners Turn to Polluting Fossil Fuels and Nuclear Power as Green Hopes Fade – Financial Times

From Last Week, Still Relevant:

Updates from China

China Tests Long-Range Missile in South Pacific Amidst Australian Condemnation – The Guardian

China Tightens ‘All Fronts’ Squeeze on Taiwan Through Sea Patrols and Legal Warfare – Nikkei

While Tech Stocks Rally, Consumer Shares Lag—China’s Stock Market Reflects Economic Microcosm – South China Morning Post

Why Are China’s Doctors Working as Delivery Drivers? – The Times

The Robots Are Here – China Talk

Korean Peninsula

North Korean Leader Kim Observes Weapons Tests from New Naval Destroyer – Independent

India

Surge in Typhoid and Intestinal Infections in Pune Due to Water Scarcity, Doctors Warn of Underreporting – Times of India

Southeast Asia

Renewed Violence in Myanmar Sparks Fears of Refugee Movements into Bangladesh – Business Standard

Aid Cuts Could Transform the Rohingya Crisis into a Regional Security Threat – Impact Policies

Cambodia Accuses Thai Military of Installing Barbed Wire at Mom Bei Area – KiriPost

Africa

Ethiopia: Tigray Authorities Accused of Forcibly Recruiting Civilians – Human Rights Watch

The Role of Conflict Minerals in Fueling War in Eastern DR Congo Amid US Sanctions – Aljazeera

Impending Horrors in Sudan – Economist

Mali Experiences a New Wave of Coordinated Attacks from Rebels – France24

South of the Border

Not yet confirmed, but this report is generally credible:

Cuban Farmers Rush to Sell Land as Trump’s Fuel Blockade Impacts Harvests – Financial Times.

US Provides $300 Million in Earthquake Recovery Aid to Venezuela While Holding Back $8 Billion in Stolen Oil Wealth – Common Dreams (Kevin W)

The Amazon Faces Environmental Assault and Growing Criminal Control – Globe and Mail

European Disunion

Self-Proclaimed Communists Making Big Cities Thrive – Aftonbladet via Machine Translation. Micael T; “This must be Russian disinformation. European politicians making a positive impact? Absurd! And receiving votes for improvements? Typically, we see low approval ratings and a populace suffering.”

The Heat’s Price: Why Europe’s Economy Is Melting – RT (Kevin W)

Decline in US LNG Imports to EU Signals Trouble for Trade Relations – OilPrice

Mass Demonstrations Erupt in Germany as Far-Right AfD Seeks Power – Daily Sabah

Examining the Purpose of the Anti-AfD System – eugyppius (Micael T)

Early Heatwaves Devastate French Agriculture, Leaving Farmers Helpless – Le Monde

Extreme Heat and Drought Advance Harvest Timelines by Weeks, Causing Dramatic Crop Failures – Hungary Today

Thousands Evacuated as Wildfires Spread Across Southern France – Connexion France

Goal Set to Bring 200 Afghan Refugees Back—Zero Achieved So Far – Aftonbladet via Machine Translation (Micael T)

Old Blighty

Britain to Lead European Effort in Developing Long-Range NATO Missiles – Telegraph

The Wuhan Lab of British Politics – Ed West

Amber Heat Health Alerts Issued as UK Faces Potential 10 Consecutive Days of Over 30°C Temperatures – BBC (Kevin W)

UK Farmers Embrace Regenerative Practices in Response to Heatwave – Financial Times

Israel vs. The Resistance

Sanaa Tests the Blockade as Riyadh Weighs Next Moves – The Cradle

Lebanese Christians Reject Netanyahu’s Claim of Requested Annexation into Israel – Antiwar.com (Kevin W)

“In the West Bank, It’s a Showdown Now.” – Cara Mariana

Syraqistan

New Not-So-Cold War

Russia Claims Ukrainian Drones Targeted a Siberian Oil Refinery and the Kursk II Nuclear Plant – Anadolu Agency

Ukrainian Authorities in Disarray as US Ballistic Missile Supply Dwindles – Simplicius. The Wall Street Journal Reports:

Shockingly, each single Pac-3MSE missile takes over two years to manufacture, accounting for complex supply chains involving over 400 different companies providing components at varying production rates, necessitating extensive individual testing before final delivery.

This explains why scaling supply chains rapidly is nearly impossible and why ambitious goals of producing 2,000 units per year are unlikely to be met.

Poor Prospects for Peace Discussed at NATO Meetings – Olivier Boyd-Barrett. Here, “Ankara” refers to the NATO summit.

Stubb Explains NATO Support for Deep Strikes in Russia – Vzglayd via machine translation (guurst)

“Why Doesn’t Putin Just Finish It?….” – Mark Sleboda

Russia’s “Systematic Strikes” Reshape Strategic Dynamics in Ukraine – Andrew Korkybko

Yes, Virginia, Russia Played a Role in America’s Independence – Jeff Rich

Big Brother Watching You

Cop Accused of Stalking a Woman After Using License Plate Readers – 404 Media

Imperial Collapse Watch

Has America Crossed the Asshole Threshold? – Carlyn Beccia

The Reload War – Shankana Anaselm Perera

Trump 2.0

The Atlantic Reissues JD Vance’s Anti-Trump Essay from a Decade Ago – Guardian (resilc)

As War Casualties Mount, Pete Hegseth Accused of Hindering Civilian Protection Efforts, According to Lawmakers – ProPublica (Robin K)

Trump Announces Construction of Marine One Helipad on White House Lawn – Military Times (Kevin W)

Donald Trump, Arsonist in Chief, The President from Hell – Tom Engelhardt

Supreme Court Updates

Last Week’s Other News – Steve Vladeck

Economy

Trump’s War Will Lead to Higher Global Interest Rates for Years to Come – Yahoo

America’s Rising Debt Fuels the Need for Rate Increases – The Times

Market Concerns

The Next Financial Crisis May Originating in Your Shopping Cart – YNET. ZOMG, the similarities to subprime lending are alarming. “Forward flow” mimics the warehouse credit lines used by subprime lenders like Bear Stearns to finance originators like IndyMac. These buyers have some skin in the game, as they require “putbacks” on loans that don’t meet standards.

AI Bubble Concerns, Persistent K-Shaped Economy, and Exorbitant Hyperscaler Capital Expenditures – Yahoo

AI Developments

Inside CAA’s Secret AI “Vault”—A Platform for Actors to Achieve Digital Immortality – Vanity Fair (Dr. Kevin)

The AI Boom is Driven by Debt; Global Regulators Seek to Cut Off Funding – 24/7 Wall Street

What We Are Witnessing Is Not Just an Earnings Bubble, but a Leverage Bubble – Seeking Alpha

>Chinese Resellers Offer Claude Tokens at 70-90% Below Official Prices – Hacker News. Micael T: “While I don’t endorse illegal actions, I find irony in this situation.”

Bipartisan Legislation Fails to Shield US Consumers from True Costs of Datacenters, Critics Argue – Guardian

Bare Functionalism Versus Digital Computational Functionalism – Eric Schwitzgebel (Micael T)

OpenAI Appears to Be Cracking – YouTube. Resilc: “OpenAI is seeking a government bailout for NATIONAL SECURITYYYYYYYYYYYYYYYYY.”

The Bezzle

Bitcoin Prices Drop as Michael Saylor’s Strategy Sells 3,588 Bitcoins in a Week – Investing Live

Class Warfare

The Value of a University Diploma Is Waning – Global Geopolitics

The Privatization of Gas and Education is Driving Inflation Over the Past Two Decades, New Research Indicates – News.com.au

The Cost-of-Living Crisis is Leading More Families to Seek Assistance From Tauranga Foodbanks – New Zealand Herald

Antidote of the Day

Tracie H: “I Spotted This Beautiful Swallowtail Resting Between a Magnolia Tree and a Lily of the Nile During This Morning’s Walk.”

And a Bonus:

A Second Bonus:

And a Third:

You can find yesterday’s links and the antidote du jour here.

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