Financial news

Links 10/23/19

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Via Naked Capitalism

Washington’s Blog: October 31st Is Our Last Day. 🙁

Robotic ‘Mayflower’ to cross the Atlantic on 400th anniversary of Pilgrims’ journey NBC (furzy). Help me. The original got off to a late start and landed in Plymouth Bay as opposed to Virginia just before the winter. Half the people died. Will half the robots die?

Analysis: Renewables could match coal power within 5 years, IEA reveals Carbon Brief. UserFriendly: “Not even half of new demand.”

Sorry—organic farming is actually worse for climate change MIT Technology Review (David L)

How Kashmiris are adapting to everyday life without the internet Quartz

A Face-Scanning Algorithm Increasingly Decides Whether You Deserve the Job Washington Post

Recent Increases in Air Pollution: Evidence and Implications for Mortality NBER (resilc)

China?

Beijing draws up plan to replace Carrie Lam as Hong Kong chief Financial Times. FT appears to have broken this story.

How China Can Install Another Loyalist in Hong Kong: QuickTake Bloomberg

China doubles infrastructure approvals to stave off economic slowdown South China Morning Post

Brexit

What happens next in the Brexit saga? Financial Times. Terrible reporting. See Richard North below (we were also on to the same issue, the need for European Parliament approval). Juncker and Verhofstadt both confirmed that the European Parliament won’t consider the Withdrawal Agreement until the UK has approved it. And given that Parliament’s calendar, that means Nov 13-14 at the earliest.

Brexit: an artificial crisis Richard North

The government’s timetable is designed to frustrate Brexit scrutiny Institute for Government

New Cold War

America Sponsors Far-Right Holocaust Revisionist Exhibit in Kiev, Part I Yasha Levine

Syraqistan

Erdogan, Putin to meet as truce in northeast Syria set to expire Al Jazeera

Trump’s Plunder Doctrine Comes to Syria American Conservative (resilc)

PJC = Private Jihadi Contractor LobeLog. Resilc flagged this section:

There is perhaps some irony here as Blackwater founder Eric Prince has positioned himself as key to Beijing’s effort to secure the Belt and Road initiative via his Hong Kong-registered private military company, Frontier Services Group.

Iran’s $280 Billion Sanction Skirting Scheme OilPrice. Clickbait headline but interesting piece.

Big Brother is Watching You Watch

Facebook To Face $35 Billion Class-Action Lawsuit Over Misuse of Facial Recognition Data FirstPost

Under digital surveillance: how American schools spy on millions of kids Guardian

Japanese Hotel Chain Sorry That Hackers May Have Watched Guests Through Bedside Robots The Register

Stuart Russell on losing control of AI Financial Times (David L)

Assange in Court Craig Murray. Important as well as deeply troubling.

Only Cowards And Sadists Support The Persecution Of Assange Caitlin Johnstone

Imperial Collapse Watch

Despite Vow to End ‘Endless Wars,’ Here’s Where About 200,000 Troops Remain New York Times. Resilc: “Big cost, negative ROI.”

Trump and the Retreat of the American Empire CounterPunch

US foreign policy is now based on “virtual facts.” Sic Semper Tyrannis (resilc)

Trump Transition

Diplomat Says Trump Tied Ukraine Aid to Probes Into Biden, Alleged Election Interference Wall Street Journal

How Donald Trump Turned to a Comics Titan to Shape the VA ProPublica (UserFriendly)

Impeachment

Trump Tied Ukraine Aid Directly to Probing Biden, Envoy Says Bloomberg

Read Bill Taylor’s Opening Statement for Impeachment Inquiry Time (furzy)

How Democrats Became the Party of Monopoly and Corruption Matt Stoller, Vice (Pat)

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2020

Could Betsy DeVos Cost Trump the Election? New Republic

AOC’s Endorsement Rally Revealed a Committed Sanders Movement American Prospect (resilc)

Warren Wants to Rein in Charters, End Vouchers for Private Schools Intercept

Who Democrats In Early-Primary States Don’t Want To See Nominated FiveThirtyEight. Resilc: “Wake me up when mayor Pete draws 26k anywhere.”

Hillary Clinton’s attacks on Tulsi Gabbard are embarrassing and paranoid Guardian (UserFriendly)

‘Hillary Unplugged’: Democrats Cheer As Gabbard Is Called Russian Asset Shadowproof (UserFriendly)

San Jose to propose turning PG&E into giant customer-owned utility WSJ Reuters (EM)

Lawmaker Slams Zuckerberg’s Revisionist Facebook History: Nowhere ‘Near The Truth’ HuffPost

The Opioid Settlement Will Fund Desperate Counties—But Could Come at a Steep Cost Mother Jones (resilc)

Boeing Max Design Faulted in Lion Air Crash, Indonesia Says Bloomberg

US Senators Want Social Media Users To Be Able To Take Their Data With Them Reuters

SoftBank takes 80% ownership of WeWork, announces $5 billion in new financing package CNBC

How Amazon.com moved into the business of U.S. elections Reuters

Class Warfare

If you’re so smart, why aren’t you rich? Turns out it’s just chance. MIT Technology Review. We’ve been saying that for some time…

TOWARDS A DEMOCRATIC SOCIALIST FOREIGN POLICY Current Affairs. UserFriendly: “It’s a start, but I wonder if it wouldn’t ramp up R2P sentiment by accident.”

How a major U.S. farm lender left a trail of defaults, lawsuits Reuters (resilc)

The End Of College Is Coming Forbes (David L)

American Farming Runs on Exploitation New Republic

Facebook Pledges $1 Billion for California Housing New York Times. We saw this movie in the mortgage settlement. “Grants, loans and land” = funny money.

Some Good News for North Coast Wiyot Tribe North Coast Journal. Glenn F:

The Wiyot Tribe’s acquisition of Indian Island: It’s a move without precedent across the nation, according to numerous experts consulted for this story, all of whom said that while there have been instances of the federal government, nonprofits and private entities returning land to tribes, Eureka appears to be the first local municipality to have ever taken such a step.

Antidote du jour (Cliff V):

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See yesterday’s Links and Antidote du Jour here.

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