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The Asset ObserverThe Asset Observer
Home»Economy
Economy

Links 3/3/2025 | naked capitalism

News RoomBy News RoomMarch 3, 2025
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The Shrouded, Sinister History Of The Bulldozer NOEMA

Man Searching For Dumped £600 Million Bitcoin Drive Has Better Odds of Winning Lottery Science Alert

‘Megalodon’ Goldfish Found in Pennsylvania Waterway — and Now Officials Are Issuing a Warning to Pet Owners People

What Shape Is the Universe? Gizmodo

Climate/Environment

Wildfires rage across the Carolinas; South Carolina governor issues state of emergency USA Today

Park rangers battle Australians seeking rare earth minerals in old Mojave gold mine Los Angeles Times

What Are Public Lands For? Defector

***

How will media report on this new AMOC study? RealClimate

Do Climate Adaptation Strategies Get Enough Attention? Breakthrough Journal

Pandemics

Confirmed measles case linked to international flight that landed at Toronto Pearson: health unit CTV

***

Second US company recalls pet food as bird flu spreads to cats through tainted meat Guardian

Killing 166 million birds hasn’t helped poultry farmers stop H5N1. Is there a better way? LA Times

To the Pandemic Czar: Are We Prepared to Talk About Bird Flu? MedPage Today

The Koreas

US carrier docks in South Korea after North’s missile tests DW

China?

China’s AI push in the Global South is not just about technology South China Morning Post

Africa

African countries must urgently start the process of ending aid dependency An Africanist Perspective

Old Blighty

Keir Starmer learnt his lines, if only the world would stick to theirs The Times

Who were the undercover cops who deceived women into sexual relations? The Guardian

Syraqistan

Israel plans escalation in Gaza within a week: Media Anadolu Agency

English translation: https://t.co/Kc6HV1oSQB

— Drop Site (@DropSiteNews) March 2, 2025

White House backs Israel blocking aid to Gaza The Hill

By supporting Israel’s right to rescind its agreement to withdraw troops (i.e., to demand an extension of Phase 1), the EU has endorsed Israel’s right to re-start the genocide at its pleasure. In so doing, the EU just crossed a line into utter criminality. https://t.co/6N1NSoRQMK

— Yanis Varoufakis (@yanisvaroufakis) March 2, 2025

New Not-So-Cold War

Putin unleashes Iskander-M missile attack to ‘sink container ship in Odesa carrying cargo of British weapons for Ukraine’ Daily Mail. Would be nice to know how a ship carrying NATO weapons made it to Odesa.

Ukraine still ‘ready’ to sign US minerals deal, Zelensky tells BBC BBC

Treasury Secretary says Ukraine economic deal is not on the table after Zelenskyy “chose to blow that up” CBS News

US Republicans take to airwaves to suggest Zelensky may have to step down France24. Commentary:

***

Starmer says ‘coalition of the willing’ to present Ukraine peace plan to US Al Jazeera

France, UK propose 1-month truce as Europe’s leaders rally behind Kiev Al Mayadeen. Commentary:

🇺🇸🇪🇺🇺🇦 London Ukraine Summit “Comes Up With” LITERALLY US Secretary of Defense Pete Hegseth’s February Directive

◾️Europe will do the “heavy lifting” by supplying Ukraine with weapons;

◾️Apply pressure on Russia economically to force Russia to freeze conflict;

◾️Europe will… pic.twitter.com/j4BZFhoVyO

— Brian Berletic (@BrianJBerletic) March 3, 2025

The EU Carnival Brings Same Old Show to Town Simplicius

King meets President Zelensky at Sandringham after defence summit The Independent

***

The Budapest Memorandum: The Fake Narrative Supporting a Long War in Ukraine Glen Diesen

IAEA conducts rotation at Zaporizhzhia nuclear plant without Ukraine’s approval Ukrainska Pravda. Lambert: “Hmm.”

***

Putin ally pushes deal to restart Nord Stream 2 with US backing FT

EU Paid Near 300% More for Russian LNG in 2024 Compared to Early 2021 High North News

European Disunion

Europe Enters Its Metal Era Phenomenal World

Is an Independent Europe post Trump possible? Warwick Powell’s Substack

South of the Border

Latin America’s New Right Ushers in Pan-American Trumpism The Intercept

The Bezzle

BlackRock Adds Its Record-Breaking Bitcoin Fund to Model Portfolios Decrypt

US Treasury Department says it will not enforce anti-money laundering law Reuters

Trump 2.0

the “working class populist uprising” theories of Trumpism are really starting to break down

a grand union of all criminal and scammer elements in American society, a stack of utter lumpen scum from top to bottom pilfering society in a 4 year capitol raid is closer to the truth https://t.co/srRjGc4AHG

— John Wakefield (@JohnWakefieId) March 2, 2025

More Commentary:

Jaw-dropping corruption in the US:

Trump’s billionaire crypto czar is heavily invested in a fund whose top 5 holdings are the 5 in the US government Crypto Strategic Reserve.

Mere hours before Trump announced it, someone bought $200 million in Ethereum & Bitcoin on 50X LEVERAGE pic.twitter.com/LQWZceeTvB

— Ben Norton (@BenjaminNorton) March 3, 2025

This is a direct transfer of wealth from the U.S. treasury to David Sacks and other crypto barons.

The railroad and coal tycoons of the 19th century could never have dreamed of this level of heist https://t.co/FkLTEOXD6O

— Ryan Grim (@ryangrim) March 2, 2025

***

Trump can’t fulfil his promise to fix the economy, so he’s blaming workers instead The Guardian

DOGE

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts AP

How DOGE detonated a crisis at a highly sensitive nuclear weapons agency WaPo

Safeguarding the future of biomedical science in the United States Cell

Before grants are awarded, they have to be evaluated in meetings called study sections.

Before a study section can meet, it has to be listed in the federal registry for at least 15 days.

These are the new study section meetings listed in the federal registry this year.2/ pic.twitter.com/fv8PM5YSwv

— Marc Johnson (@SolidEvidence) March 1, 2025

Fired CFPB Director HITS BACK At Zuckerberg, Jamie Dimon, Tech Bros Breaking Points (Video)

Antitrust

Monopoly Round-Up: Are We Headed into Recession? BIG by Matt Stoller

Immigration

A California sheriff is planning to break the state’s sanctuary law. Here’s how Cal Matters

GOP Funhouse

MAGA world erupts over Andrew Tate release, Epstein stunt Axios

Democrats en déshabillé

Playbook: Democrats in despair Politico. Commentary:

The goal to “move away from the dominance of small-dollar donors” is a key to the whole agenda. The goal is to have the Democratic cease to be a political party in any meaningful way & instead become an ad agency controlled by billionaires. Instead of the normal party that… https://t.co/AD0EWuX8Ma

— Jeet Heer (@HeerJeet) March 2, 2025

***

The Dems appear a-okay with cuts to Medicaid, Medicare, Social Security, Head Start, the Department of Education, affordable housing, accommodations for the disabled, environmental protections, public health, etc., but they’re ready to go to the mattresses over Ukraine:

Democrats: Putin ‘only winner’ from Trump-Zelenskyy public clash The Washington Times

James Carville roasts Donald Trump, says syphilis in his brain caused Zelensky meltdown at the Oval Office The Economic Times

Senate Democrat says White House is ‘arm of Kremlin’ The Hill. Chris Murphy from Connecticut, the sixth highest recipient state for DOD spending.

“Putin couldn’t be happier” over Trump-Zelenskyy meeting, Trump’s former national security adviser says CBS News

The Real Reason Trump Berated Zelensky Jonathan Chait, The Atlantic. The deck: “He simply likes Vladimir Putin better.”

Digital Watch

The Digital Packrat Manifesto 404 media

Mozilla flamed by Firefox fans after promises to not sell their data go up in smoke The Register

DeepSeek Open Source Week: Committed to open, collaborative AI ecosystem CGTN

Supply Chain

Pink Gold Globe and Mail. The deck; “Trump said Canada has nothing the U.S. needs. When it comes to potash, the president couldn’t be more wrong.”

Healthcare?

Examining gender-specific mental health risks after gender-affirming surgery: a national database study The Journal of Sexual Medicine. From the Abstract: “From 107 583 patients, matched cohorts demonstrated that those undergoing surgery were at significantly higher risk for depression, anxiety, suicidal ideation, and substance use disorders than those without surgery.”

Imperial Collapse Watch

In Shipbuilding, the U.S. Is Tiny and Rusty WSJ

Antidote du jour (via):

See yesterday’s Links and Antidote du Jour here.

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Recent Posts
  • JPMAM's Karen Ward warns Reeves UK is as its tax limit
  • Comment | Cuts to UK church budgets are hastening a heritage timebomb—and placing sites of refuge at risk – The Art Newspaper
  • Morgan Stanley expects Novo Nordisk Alzheimer trial to fail as it slashes rating
  • Investment Week launches Funds to Watch events in Singapore and Hong Kong
  • Kazakhstan’s New Almaty Museum of Arts Focuses on Art of Central Asia

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Editors Picks

Comment | Cuts to UK church budgets are hastening a heritage timebomb—and placing sites of refuge at risk – The Art Newspaper

September 29, 2025

Morgan Stanley expects Novo Nordisk Alzheimer trial to fail as it slashes rating

September 29, 2025

Investment Week launches Funds to Watch events in Singapore and Hong Kong

September 29, 2025

Kazakhstan’s New Almaty Museum of Arts Focuses on Art of Central Asia

September 29, 2025

Bonds are back—and so is data-driven investing

September 29, 2025
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