ECONOMY

Links 2/22/2025 | naked capitalism

California Takes Steps Toward Officially Recognizing Bigfoot SFGate

Amazon buys James Bond franchise – The Reg has some scripts The Register (Chuck L)

#COVID-19/Pandemics

This is making the rounds. Dr. Kevin sent: New coronavirus with potential to cause pandemic discovered in China Daily Mail Online

GM’s take:

Clickbait.

This is just another in the line of regular such papers they have been putting out for 20 years, on a number of such viruses, and none of them would have received all that much attention had it not been for the pandemic.

Climate/Environment

Trump to shut down all 8,000 EV charging ports at federal govt buildings Electrek

Trump energy chief says there are upsides to ecological collapse Heated

China?

Japan warns over threat from China’s chip material export controls Financial Times

Commercial flights diverted as Chinese warships undertake apparent live-fire drill in sea between Australia and New Zealand Guardian

Tech bros back in China’s official spotlight as Jack Ma meets Xi Asia Times (Kevin W)

European Disunion

Chartbook 354: Of trains and tanks. Or does the German political class actually know how bad things are? Adam Tooze (Micael T)

Ukrainian move – collecting info from ordinary Swedes Aftonbladet via machine translation. Micael T: “Is this an off-ramp for military analysts laying blame on the people or are they gauging how well the war propaganda is working?”

Old Blighty

The great British food shortage: Why your weekly shop is about to get worse Independent

Britain’s productivity puzzle is turning into a crisis Financial Times

Thirty English councils granted exceptional financial support packages Guardian

Israel v. The Resistance

“The I.O.F. ‘weaponizes’ UNRWA.” The Floutist

Iranian Christians feared death in Iran. Then the US deported them to Panama USA Today. resilc: “I think a trade up from both Iran AND USA USA.”

New Not-So-Cold War

This timing makes sense. Russia had massed troops on the Ukraine border in March-April 2021:

Brief summary from the front on February 20, 2025 Marat Khairullin

On Ukraine, Macron attempts to prepare public opinion for an unprecedented war effort Le Monde

Putin orders regulation of process of return of foreign companies Kommersant via machine translation (Micael T)

Trump ‘very frustrated’ and Zelensky must strike minerals deal, says adviser BBC

US, Ukraine near agreement on mineral rights deal Anadolu Agency

Nigel Farage dissents from Trump’s Zelenskyy ‘dictator’ claim Guardian (Kevin W)

By Drones, Mines And Missiles – The British Naval War Against Russia In Ukraine Moon of Alabama (Kevin W)

Big Brother is Watching You Watch

Apple yanks encrypted storage in U.K. instead of allowing backdoor access Washington Post (Kevin W)

Imperial Collapse Watch

Who will now stabilise the world economy? Financial Times. Huh? The US lack of concern about how its interest rates affect the rest of the world has been a major source of instability. Volcker sending US rates to the moon caused the Latin American debt crisis, FFS. More recently, in 2014, a group of central bankers headed by Raghuram Rajan called on the Fed to complain about how the Fed’s indifference to the effect of its rate changes worsened hot money flows in and out of emerging economies. Of course nothing changed.

Potomac River Midair Collision: An Accident Waiting to Happen Sonar 21.

Trump 2.0

No friends, only foes in Trump’s trade war onslaught Asia Times (Kevin W)

How Tariffs Could Shock America’s Power System Wall Street Journal (resilc)

‘Brics broke up’: Trump claims bloc went silent after 150% tariff threat Business Standard

* * *

Trump fires top US general CQ Brown in shake-up at Pentagon BBC. Holy shit. Not just moved out of post as head of Joint Chiefs but fired.

The anti-woke overcorrection is here Financial Times

* * *

Roaming Charges: America on Droogs Counterpunch

Elon Musk spells danger for Accenture, McKinsey and their rivals Economist. BWAHAH

Supreme Court rules that government watchdog fired by Trump may temporarily remain on the job CNN (Kevin W)

DOGE

WHY SHOULD WE CARE IF THE TRUMP ADMINISTRATION, AND MUSK’S DOGE, ARE ACTING UNCONSTITUTIONALLY? Nathan Tankus (Bill B)

How Is the Trump Administration Funding DOGE? ProPublica (Robin K)

White House restores 9/11 health program funding after uproar The Hill

Immigration

Trump’s extremist border policies are part of a global authoritarian moment Aljazeera

DHS makes shock decision on Prince Harry’s secret US visa records that could reveal if he lied about drug use Daily Mail (Li)

Our No Longer Free Press

FTC Launches Broad Tech ‘Censorship’ Probe Targeting Meta, Uber Bloomberg

AP Sues Trump Officials for Retaliatory Blocking of Reporters Common Dreams

Canada dispatch: Montreal activist jailed after series of charges over Israel-Gaza social media posts Jurist

Police angry at my writing about ridiculous charges, so add more Yves Engler

AI

The most underreported and important story in AI right now is that pure scaling has failed to produce AGI Fortune

The Bezzle

DOJ Investigates Medicare Billing Practices at UnitedHealth Wall Street Journal. Or US Probes UnitedHealth’s Medicare Billing Practices, WSJ Reports Reuters

Guillotine Watch

Luigi Mangione lawyer says Mayor Adams publicly discussed undisclosed evidence Gothamist

Many pix of Mangione doing a very good simulation of a model at the hearing on X:

Powerful legal and financial services enable kleptocracy, research shows PhysOrg (Paul R)

Class Warfare

Software Engineering Job Openings Hit Five-Year Low Pragmatic Engineer

The (AI-Driven) White-Collar Recession Crisis Investing (Micael T)

The West’s dirty secret: How most affluent nations poison the Global South RT (Robin K)

Antidote du jour. mrsyk: “This is Buster storming the snow fort. Despite his sister Dude’s stoic defense, an emphatic sacking was the result.”

And a bonus (IM Doc):

See yesterday’s Links and Antidote du Jour here.

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