Dragonflies rock surfers at Rhode Island’s Misquamicut Beach WCBB. An annual event.
Big problems on the horizon Splash 247
US consumers are showing warning signs, companies and analysts warn the FT
Big Law Addresses the Threat of Tail Risk in Private Equity at Bloomberg
Winemaker SPAC With Bunch of Products, PE-Firm Backed Rollup Result, Bankruptcy Files 3 Years After SPAC Merger Wolf Street
Odd Lots Newsletter: Maybe The Fed Is Too Data-Dependent? Bloomberg
The weather
California’s largest wildfire is burning through 5,000 hectares every hour BBC
Generative AI requires huge amounts of energy and water, and the aging US grid can’t handle the load CNBC
Complex life on Earth may be much older than the BBC thinks
Earth’s plate tectonics ignited hundreds of millions of years earlier than we thought, ancient crystals reveal Space.com
Syndemics
Coronavirus: Sweden’s King Carl XVI Gustaf says coronavirus approach ‘failed’ BBC
Tourists warned of Covid outbreaks in Greece, Cyprus, Portugal and Malta The Mirror
China?
China’s population faces ‘extreme population loss’, says UN South China Morning Post
ASEAN’s top diplomats discuss South China Sea disputes, Myanmar fights Al Jazeera
Posing as ‘Alicia,’ This Man Scammed Hundreds Online. He was also a victim. The WSJ
Pakistan is under pressure to renegotiate major Chinese deals in Nikkei Asia. Comment:
There are all kinds of videos on TikTok showing the expensive homes and lifestyles of the super rich people in Pakistan. This is in the context of a country where most of the people are so poor that they lack food. You can imagine the twisted political economy that allows this. pic.twitter.com/M5JuHOje87
— Murtaza Hussain (@MazMHussain) July 27, 2024
The Koreans
Russia’s invasion of Ukraine drives South Korea’s arms industry South China Morning Post
IK-Pop was also considered by Bloomberg
Indonesia is trying to reduce Chinese ownership of nickel FT projects
Syracistan
‘They were just children. What did they do wrong?’: In Majdal Shams, a town caught between Israel and Hezbollah mourns its young CNN. Comment:
“Killer, get out of here!”
Syrian Druze residents of the town of Majdal Shams in the Israeli-controlled Golan Heights chase the Israeli Finance Minister and other members of Likud (Netanyahu’s party) at the funeral of 12 youths who were killed after a missile crossed … pic.twitter.com/UeQ4AXj6Zb
— The Cradle (@TheCradleMedia) July 28, 2024
Ministers authorize Netanyahu, Gallant to order retaliation for deadly Golan strike Times of Israel
Total War in the North? Israel’s Response to the Majdal Shams Attack Will Be a Decisive Factor Haaretxz
Predicting the Probability of War Between Israel and Hezbollah RAND
****** Erdogan says Turkey may enter Israel to help Palestinians Reuters
****** Which countries have allowed Israeli settlers – and it means a lot? Al Jazeera
Colonialist pr0n:
Hello from Gaza Enhle pic.twitter.com/zjQMC0M1Px
– Mossad Commentary (@MOSSADil) July 28, 2024
****** US doctors dedicated to Gaza call for arms embargo over ‘intolerable atrocities’ Israel Guardian
The breakup of Europe
‘Naked blue man’ breaks silence on ‘deeply offensive’ Last Supper play at Olympics opening ceremony – as French Catholic church blasts ‘ridicule and mockery of Christianity’ Daily Mail
EU firms oppose European Commission plan to probe private investment in China South China Morning Post
GDP per capita in the five largest European economies FRED, the Federal Reserve Bank of St
Hello Old Blighty
The country is ‘broken and broken’, says the new UK government as it plans to fix the economy Business Standard
Rachel Reeves will be breaking into Funding the Future. Comment:
It fell through a series of times and ended in 2010. Government spending is the domestic budget as well. pic.twitter.com/CSTp5TFW9M
– Duncan Robinson (@duncanrobinson) July 29, 2024
The New Cold War
Russia Strikes Weak Lines in Eastern Ukraine NYT
Russia’s Iskander-M Missile System Ends Month of Huge Success With Key Hits in Ukraine’s Military Weapons: HIMARS and Tanks Miss Military Watch.
Only ‘brutal force’ can force European-age Ukrainians to go home to fight: ‘Sputnik Globe’ interview Gilbert Doctorow
Only six Ukrainian pilots trained to fly new F-16 fighter jets The Telegraph
****** Ukraine Will Lose A Quarter Of Its Territory If A Ceasefire Is Called Now The Kyiv Post
UBN: Ukrainian business confidence drops as war pressures rise BNE Intellinews
Putin Warns of New Cold War Triggered by US Missiles in Germany Bloomberg
Subscriber Mailbag – Answers (7/28/24) Simplicius the Thinker(s)
South of the Border
Latin American leaders responded with different responses to the results of the Venezuelan election Anadolu Agency
2024
Harris said Biden is perfectly prepared to continue in office, despite several documented encounters over the past year
Bezzle
Inside the Harvard Business School Ponzi Scheme NYT
Why so many non-profit hospitals (wink, wink) get WaPo money
A digital clock
Dear Google, who wants a fan book written by AI? TechCrunch
TikTok To Ban Further Criticism Of Zionism Follows Pressure From NGO Backed By Former Israeli Intelligence Officer Lee Fang
Secure Boot fully cracked on 200+ models from 5 major device makers Ars Technica
Column: Why profitable companies aren’t spending enough money to prevent hackers from stealing your private information LA Times
It’s not just Boeing. Challenges are mounting for Airbus and the aviation industry Seattle Times
Supply Chain
Black fleet additions see Cook Islands become top 30 flagship Splash 247
Indian exporters’ thirst for Russian crude is driving demand for black vessels Seatrade Maritime News
Imperial Collapse Watch
“Raiders, Rulers, and Traders: The Horse and the Rise of Empires” by David Chaffetz Asian Review of Books
Class War
Where are the world’s millionaires and how is wealth divided in the world? Al Jazeera
Managers get the upper hand in hiring FT
Top pilots’ union sounds alarm as regulators consider smaller staff sizes The Guardian
Amazing height and amazing staying power at George Foreman Grill The Hustle
Antidote du jour (Derek Keats):”
See yesterday’s links and the Antidote du Jour here.