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Home Market Research Economy

Links 5/1/2025 | naked capitalism

by TheAdviserMagazine
5 months ago
in Economy
Reading Time: 8 mins read
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Links 5/1/2025 | naked capitalism
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Happy May Day!

Valerie the dachshund found ‘fit and well’ after 529 days on Kangaroo Island Australian Broadcasting Corporation

FDA issues urgent nationwide recall of bread sold in US found with ‘glass fragments’ Fox Business

Climate/Environment

A New Type of Rock Is Forming — and It’s Made of Our Trash ZME Science

Pandemics

Scientists urge countries to take urgent steps to mitigate H5N1 bird flu menace Down to Earth

EU Commission Paves Way For More H5N1 Vaccine Purchases Avian Flu Diary

May Day

Workers Defy the Billionaire Takeover on May Day In These Times

Mass arrests ahead of May Day demonstrations in Turkey WSWS

Italy Shows How Amazon Can Be Forced to Bargain: Shut Down Its Distribution Truthout

India-Pakistan

India should tread warily on battlefield Indian Punchline

China?

US recently reached out to China for tariff talks – report Forex Live

China, US have not held tariff talks in past 24 hours, FM responds to question on whether negotiations took place Global Times

CHINA APPEARS READY FOR TRADE TALKS WITH U.S. Pekingnology

China’s April manufacturing PMI falls back into contraction amid trade war ING

China waives tariffs on US ethane imports, sources say Reuters

China draws up list of U.S.-made goods exempt from 125% tariffs, sources say Reuters

Old Blighty

Government transparency hits new record low – again Democracy for Sale

Homelessness hit new record highs in England in 2024: ‘The system is at breaking point’ Big Issue

Syraqistan

US tells ICJ that law allows Israel to attack UN agencies that aren’t ‘impartial’ Middle East Eye

Mass evacuations ordered as wildfires engulf Israeli occupation Al Mayadeen

There’s something about this karmic episode that encapsulates the entire Zionist project

They could have lived peacefully alongside the welcoming Palestinians, but their colonial project will ultimately collapse because they cannot stop being violent https://t.co/YjJ9zecD0T

— Tiberius (@ecomarxi) April 30, 2025

***

US targets Iran with fresh sanctions ahead of next nuclear talks The New Arab

Iranian port blast could be ‘planned attack, not an accident,’ IDF Gen. says – interview Jerusalem Post

Did Houthi missiles threaten to sink the carrier USS Truman? Asia Times

Message to IRAN:

We see your LETHAL support to The Houthis. We know exactly what you are doing.

You know very well what the U.S. Military is capable of — and you were warned. You will pay the CONSEQUENCE at the time and place of our choosing.

— Secretary of Defense Pete Hegseth (@SecDef) May 1, 2025

European Disunion

16 countries to ask EU for fiscal leeway to spend big on defense Politico

⚡️One of the chief theories behind Spain’s power blackout this week is that the Iberian grid had an “inertia” problem.So… what on earth is inertia and why does it matter??If only someone had written a long thread about this a while back…👇 https://t.co/1iJcxAUc94

— Ed Conway (@EdConwaySky) April 29, 2025

New Not-So-Cold War

Ukraine, US sign minerals deal, tying Trump to Kyiv Channel News Asia

UKRAINE AND THE UNITED STATES SIGN ECONOMIC PARTNERSHIP AGREEMENT AND ESTABLISH THE RECONSTRUCTION INVESTMENT FUND Ukraine Ministry of Economy

The darkly funny part of Iraq being a client state is that no one’s even sure whose it is anymore.

The US still controls the finances, but Iran dominates on the ground.

So if Washington rides Ukraine into the ground and hands the wreckage to Russia… well, it’s not exactly…

— Russians With Attitude (@RWApodcast) April 30, 2025

Trump drops demand for Zelensky to hold elections The Telegraph

US Partially Lifts Military Aid Pause for Ukraine, as Peace Talks Slow Kyiv Post

Another Shocker: WSJ Reveals Russia Arming Massive New Rear Reserve Force Simplicius

WHAT DEAL WILL PRESIDENT PUTIN MAKE WITH THE MAN WHO RULES THE WORLD BUT NOT THE BATTLEFIELD Dances with Bears

Kremlin says peace deal must be reached with Ukraine, not US Anadolu Agency

Trump Ally Lindsey Graham Pushes Russia Crackdown WSJ

The Caucasus

GREAT NEWS!!! The MEGOBARI ACT, introduced by @RepJoeWilson and @RepCohen early this year, is now making its way to the House floor to be considered for final House vote next week

The legislation calls for sanctions against those undermining Georgia’s democracy pic.twitter.com/xSlWNkUCp9

— Alex Raufoglu (@ralakbar) April 30, 2025

“Liberation Day”

BREAKING: Trump admin just whacked tariff collection & import inspection w/ a waiver of Customs rules! This undercuts promised May 2 end of de minimis loophole tariff evasion for China’s goods & “Liberation Day” revenue. Why? DHL is bragging re “constructive dialogue” w/ admin.🧵 pic.twitter.com/gHPdol1yKA

— Lori Wallach (@WallachLori) April 30, 2025

The bottom line:

So, back to the bottomline: If Trump ends the de minimis tariff waiver for China this week as promised, waiving this longstanding Customs rule will gut enforcement and collection. This rollback also undermines collection of ALL “Liberation Day” tariffs. 15/ pic.twitter.com/X44JdybwG8

— Lori Wallach (@WallachLori) April 30, 2025

Waiting for the Supply Shock David Dayen, The American Prospect. “It’s coming, and we know approximately when.”

Trump on China: “They made a trillion dollars with Biden selling us stuff. Much of it we don’t need. Somebody said, ‘oh, the shelves are gonna be open.’ Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.” pic.twitter.com/6gVbGQ6oJ2

— Aaron Rupar (@atrupar) April 30, 2025

The scale of the tariff-avoiding frontrunning in the first quarter of the year is without any parallel in modern American history. The net export contribution to GDP was -4.83%, the largest in the historical record going back to 1947! pic.twitter.com/S6iZurvSk8

— Mike Bird (@Birdyword) April 30, 2025

Commerce Secretary Lutnick says one trade deal is done, but waiting on approval from unnamed country’s leaders CNBC

Lutnick: “It’s time to train people not to do the jobs of the past, but to do the great jobs of the future. This is the new model where you work in these kinds of plants for the rest of your life and your kids work here and your grandkids work here. We let the auto plants go… pic.twitter.com/kDqjMPTUvh

— Aaron Rupar (@atrupar) April 29, 2025

Trump 2.0

BREAKING: In a bizarre moment, Attorney General Pam Bondi impersonates extreme North Korean praise for Dear Leader, saying “President, you first 100 days has far exceeded that of ANY other presidency in this country. Ever. Ever.” Unreal.pic.twitter.com/kiV1QofDze

— Really American 🇺🇸 (@ReallyAmerican1) April 30, 2025

Eric Trump travels to Dubai to sell property and crypto Semafor

A cash bonus for having a baby? Trump is considering it. Vox. Commentary:

First of all, it would need to be $100k. Second of all, a cash incentive is coercion within the context of economic desperation. The only way for cash incentives to not be coercive is if people can afford to say no to them. https://t.co/0hW2kuagI2

— Vivian (@suchnerve) April 29, 2025

MAHA

Kennedy Advises New Parents to ‘Do Your Own Research’ on Vaccines New York Times

DOGE

White House pushed job cuts at agency that’s clashed with Musk Bloomberg

DOGE Put a College Student in Charge of Using AI to Rewrite Regulations Wired

Democrats en Déshabillé

Jeffries Wants Dems to Put an End to the El Salvador Trips The Bulwark

Tennessee Man Has Been Stranded in Guatemala Since 2022 Over Tattoo Drop Site. “…a Biden-era case that helped lay the groundwork for Trump’s tattoo-based deportation regime.”

Police State Watch

Activist Mohsen Mahdawi Freed From Prison After Judge Orders His Release Truthout

Arresting a Judge Andrew P. Napolitano, Consortium News

USPS law enforcement assists Trump ‘mass deportation’ effort, sources and records show WaPo

‘We’re citizens!’: Family traumatized after ICE raids home, but they weren’t suspects KFOR Oklahoma City

Kash Patel Scrambles to Lock Down Leaks, Sending FBI Into Chaos The New Republic

DEA sources confirm 17 military members were at underground Colorado Springs nightclub raided early Sunday Denver7

AI

Here’s How To Share AI’s Future Wealth Noema

They really think that they are the only essential human agents and the rest of us are disposable. A stunning and virulent delusion. The enemies of society now rule it. https://t.co/Wtg6M8LbFZ

— Nikhil Pal Singh (@nikhil_palsingh) April 30, 2025

Global elites are rotting their brains in group chats Read Max

Healthcare?

AI won’t replace doctors — it will upgrade them The Hill

Doctors didn’t catch AI’s mistakes. What does that mean for human-in-the-loop? STAT

The Supremes

Supreme Court may allow church-run, publicly funded charter schools across the nation ABC News

Our Famously Free Press

Vote on Antisemitism Awareness Act delayed after fiery Senate hearing Jewish News Syndicate

The fact that backers of the Antisemitism Awareness Act were caught flat-footed by today’s Senate hearing, where there was strong opposition from BOTH sides of aisle to legislating criticism of Israel=antisemitism, shows what happens when you fall for your own false framing. 1/

— Lara Friedman (@LaraFriedmanDC) April 30, 2025

It’s really worth reading this letter. The city of San Marcos, Texas has suggested that they could use the $4.4 million in tax money their residents sent to Israel to instead manage domestic problems (addiction, education etc) and now the governor is calling them antisemites https://t.co/4q65vkLaGQ

— Sean Padraig McCarthy (@SeanMcCarthyCom) April 30, 2025

Imperial Collapse Watch

Do You Believe In Magic? Aurelien, Trying to Understand the World

Screening Room

What Netflix’s patents reveal about the future of watching movies Stephen Follows

The Bezzle

Sam Altman’s eye-scanning project launches cryptocurrency in the US The Verge

When Genius Failed…..Again Racket News

Antitrust

Judge Rules Apple Executive Lied Under Oath, Makes Criminal Contempt Referral BIG by Matt Stoller

Class Warfare

How Shareholder Payouts Fuel Corporate Profiteering The Lever

Remote Work Empowers Workers. Conservatives are using Pandemic Culture Wars to Target it The Gauntlet

Mayor Adams’ administration proposes rent hike for people with NYC housing vouchers Gothamist

Antidote du jour (via):

See yesterday’s Links and Antidote du Jour here.

The Sunday Morning Movie Presents: The Shooting (1966) Run Time 1H 21M





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